Collateral Default Amount definition

Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for such Distribution Date and the Collateral Floating Percentage.
View Source
Collateral Default Amount means, with respect to any Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Collateral Floating Allocation applicable for the related Monthly Period.
View Source
Collateral Default Amount means, with respect to each Distribution Date, an amount equal to the product of (i) the Investor Default Amount for the related Monthly Period and (ii) the Collateral Floating Percentage for such Monthly Period.
View Source

Examples of Collateral Default Amount in a sentence

  • If on any Transfer Date, the Collateral Default Amount for the prior Monthly Period exceeds the amount of Excess Spread which is allocated and available to fund such amount pursuant to subsection 4.11(g), the Collateral Interest Amount will be reduced by the amount of such excess but not by more than the lesser of the Collateral Default Amount and the Collateral Interest Amount for such Transfer Date (a "Collateral Charge-Off").

  • If on any Transfer Date, the Collateral Default Amount for the prior Monthly Period exceeds the amount of Excess Spread which is allocated and available to fund such amount pursuant to subsection 4.11(g), the Collateral Interest will be reduced by the amount of such excess but not by more than the lesser of the Collateral Default Amount and the Collateral Interest for such Transfer Date (a "Collateral Charge-Off").

  • If on any Determination Date, the Collateral Default Amount for such Determination Date exceeds the amount allocated and available to fund such amount pursuant to subsections 4.6(d)(ix), (x) and (xii) and 4.6(g), the Collateral Interest will be reduced by the amount of such excess but not by more than the lesser of the Collateral Default Amount and the Collateral Interest for such Transfer Date (a "Collateral Interest Charge-Off").

  • In the event that such reduction would cause the Class D Investor Interest to be a negative number, the Class D Investor Interest will be reduced to zero and the Collateral Interest Amount will be reduced by the amount by which the Class D Investor Interest would have been reduced below zero, but not by more than the Collateral Default Amount for such Transfer Date (a "Collateral Charge-Off").

  • If on any Transfer Date, the Collateral Default Amount for the prior Monthly Period exceeds the amount of Excess Spread which is allocated and available to fund such amount pursuant to subsection 4.13(g), the Collateral Interest will be reduced by the amount of such excess but not by more than the lesser of the Collateral Default Amount and the Collateral Interest for such Transfer Date (a "Collateral Charge-Off").


More Definitions of Collateral Default Amount

Collateral Default Amount means, with respect to any Transfer Date, an amount equal to the product of (a) the Aggregate
View Source
Collateral Default Amount means, with respect to each ------------------------- Distribution Date, an amount equal to the product of (i) the Default Amount for the related Monthly Period and (ii) the applicable Collateral Investor Percentage during such Monthly Period.
View Source
Collateral Default Amount means, (i) with respect to the period from and including the Closing Date through and including September 30, 1997, an amount equal to the Collateral Default Amount (calculated pursuant to clause (ii) of this definition) for the full September 1997 Monthly Period, multiplied by 7/30, and (ii) for each Monthly Period thereafter, an amount equal to the product of (a) the Investor Default Amount for such Monthly Period and (b) the Collateral Floating Allocation for such Monthly Period.
View Source
Collateral Default Amount means, with respect to each Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Collateral Floating Allocation applicable for the related Monthly Period.
View Source
Collateral Default Amount means, with respect to any Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the
View Source
Collateral Default Amount means, with
View Source
Collateral Default Amount means, (i) with respect to the period from ------------------------- and including the Closing Date through and including [September 30, 1997], an amount equal to the Collateral Default Amount (calculated pursuant to clause (ii) of this definition) for the full [September 1997] Monthly Period, multiplied by [ /30], and (ii) for each Monthly Period thereafter, an amount -- equal to the product of (a) the Investor Default Amount for such Monthly Period and (b) the Collateral Floating Allocation for such Monthly Period.
View Source