Reallocated Collateral Principal Collections definition

Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

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Reallocated Collateral Principal Collections means,

Reallocated Collateral Principal Collections for any Monthly Period means collections of Principal Receivables allocable to the Collateral Interest Amount for such Monthly Period in an amount not to exceed the amount applied to fund the Class A Required Amount and the Class B Required Amount, if any; provided, however, that such amount will not exceed the Collateral Interest Amount after giving effect to any Collateral Charge-Offs for the related Transfer Date.

Examples of Reallocated Collateral Principal Collections in a sentence

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 (after giving effect to reductions for any Collateral Charge-Offs and any Reallocated Collateral Principal Collections on such Transfer Date) will be reduced by the amount by which the Class D Investor Interest would have been reduced below zero.
On each Transfer Date, the Collateral Interest shall be reduced by the amount of Reallocated Collateral Principal Collections and by the amount of Reallocated Class B Principal Collections applied pursuant to subsections 4.12(a) and/or (b) on such Transfer Date.
On each Transfer Date, the Collateral Interest shall be reduced by the amount of Reallocated Collateral Principal Collections and by the amount of Reallocated Class B Principal Collections for such Transfer Date.
The Collateral Interest Amount will also be reduced by the amount of Reallocated Collateral Principal Collections in excess of the Class D Investor Interest pursuant to Section 4.12 and the amount of any portion of the Collateral Interest Amount allocated to the Class A Certificates or the Class B Certificates to avoid a reduction in the Class A Investor Interest, pursuant to subsection 4.10(a), or the Class B Investor Interest, pursuant to subsection 4.10(b), respectively.
On each Transfer Date, the Collateral Interest shall be reduced by the amount of Reallocated Collateral Principal Collections and by the amount of Reallocated Class B Principal Collections applied pursuant to subsections 4.15(a) and/or (b) on such Transfer Date.

More Definitions of Reallocated Collateral Principal Collections

Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Principal Collections applied in accordance with subsections 4.14(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation for the Monthly Period relating to such Transfer Date and (b) the Investor Percentage for the Monthly Period relating to such Transfer Date and (c) the amount of Principal Collections for the Monthly Period relating to such Transfer Date; provided that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

Reallocated Collateral Principal Collections means, with respect to -------------------------------------------- any Transfer Date, Principal Collections (including amounts specified pursuant to subsections 4.6(d)(ix) and (x) to be treated as Available Investor Principal Collections) applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation for the Monthly Period relating to such Transfer Date, (b) the Investor Percentage for the Monthly Period relating to such Transfer Date and (c) the amount of Principal Collections for the Monthly Period relating to such Transfer Date; provided, -------- that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Interest Charge-Offs for such Transfer Date.

Reallocated Collateral Principal Collections means, with respect to any Distribution Date, Collections of Principal Receivables applied in accordance with SECTIONS 4.08(a) and (b) in an amount not to exceed the product of (a) the Collateral Principal Percentage with respect to the Monthly Period relating to such Distribution Date and (b) the Principal Allocation Percentage with respect to the Monthly Period relating to such Distribution Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Distribution Date; provided, however, that such amount shall not exceed the Collateral Invested Amount after giving effect to any Collateral Charge-Offs for such Distribution Date.

Reallocated Collateral Principal Collections for any Monthly Period means collections of Principal Receivables allocable to the Collateral Interest for the related Monthly Period in an amount not to exceed the amount applied to fund the Class A Required Amount and the Class B Required Amount, if any; provided,

Reallocated Collateral Principal Collections means, with respect to any Monthly Period, the lesser of (a) an amount equal to the excess, if any, of the Required Amount over the Available Cash Collateral Amount applied with respect thereto for such Monthly Period and (b) the sum for each day of the related Monthly Period of the product obtained by multiplying (i) the Principal Allocation Percentage with respect to such day, (ii) the amount of such day's Collections of Principal Receivables and (iii) the Collateral Percentage as of the last day of the immediately preceding Monthly Period.

Reallocated Collateral Principal Collections means, with respect to -------------------------------------------- any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided however, that such amount shall not exceed the Collateral Interest -------- ------- after giving effect to any Collateral Charge-Offs for such Transfer Date.

Reallocated Collateral Principal Collections shall have the meaning -------------------------------------------- specified in subsection 4.14(a) of the Agreement.

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