Class C Initial Invested Amount definition
Examples of Class C Initial Invested Amount in a sentence
The Class C Certificates shall be issued in minimum denominations of $1,000 and integral multiples thereof; provided, however, that one Class C Certificate may be issued in a denomination that includes any remaining portion of the Class C Initial Invested Amount.
The purchase price payable for the Purchased C Note shall be equal to the Class C Initial Invested Amount, which shall be an amount equal to the Class C Percentage of the product of the initial Principal Balance of Receivables transferred to the Trust times the Specified Purchase Percentage..
The Series 2012-3 Notes shall be subject to repurchase by ABRCF at its option in accordance with Section 6.3 of the Base Indenture on any Distribution Date after the Series 2012-3 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class A Initial Invested Amount, the Class B Initial Invested Amount and the Class C Initial Invested Amount (the “Series 2012-3 Repurchase Amount”).
The Series 2010-4 Notes shall be subject to repurchase by ABRCF at its option in accordance with Section 6.3 of the Base Indenture on any Distribution Date after the Series 2010-4 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class A Initial Invested Amount, the Class B Initial Invested Amount and the Class C Initial Invested Amount (the “Series 2010-4 Repurchase Amount”).
In making job assignments and assigning vacations, consideration will be given to an employee's seniority within their classification, provided that consideration may also be given to necessary training, replacement, break-in time, and job qualifications.