Retained Interest Amount definition

Retained Interest Amount means, on any date of determination, the amount, if any, by which the Aggregate Asset Amount at the end of the day immediately prior to such date of determination, exceeds the Required Asset Amount at the end of such day.
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Retained Interest Amount means, on any day, the amount, if any, by which the Pool Balance on such day exceeds the Aggregate Ownership Amount on the day.
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Retained Interest Amount means (i) with respect to DLJ, at any time of determination, 1 and (ii) with respect to any other Group, at any time of determination, a fraction the numerator of which shall be the Number of Shares Issuable with Respect to DLJ's Retained Interest in such Group and the denominator of which shall be the number of shares of the series of common stock relating to such Group outstanding on such date.
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Examples of Retained Interest Amount in a sentence

  • If the reduction of the Principal Receivables in accordance with the foregoing would cause the Retained Interest Amount to be an amount less than zero, the Seller shall, subject to Section 5.02(b), make a deposit, no later than the Business Day following the Date of Processing of such Credit Adjustment, in the Collection Account in immediately available funds in an amount equal to the amount by which such Credit Adjustments exceed the Retained Interest Amount on such Date of Processing.

  • If, after giving effect to Section 5.2(d), Principal Collections allocated to any Series on any Distribution Date are in excess of the amount required to be paid in respect of such Series on such Distribution Date, then any such excess Principal Collections shall be allocated to the Retained Distribution Account, to the extent that the Retained Interest Amount, calculated as of such Distribution Date, equals or exceeds zero and such payment will not violate any restriction contained in this Indenture.

  • The undivided co-ownership interest of the Seller on each day shall be the Retained Interest Amount.

  • On such Distribution Date, the Paying Agent shall withdraw such balance from the Collection Account and pay such balance to the Retained Distribution Account, to the extent that, after giving effect to such transfer, the Retained Interest Amount exceeds zero and provided that such payment will not cause an Asset Amount Deficiency, a Series 1996-1 Minimum Overcollateralization Deficit or a Series 1996-1 Enhancement Deficiency to exist.

  • If, after giving effect to Section 4.2(d), Principal Collections allocated to any Series on any Payment Date are in excess of the amount required to pay amounts due in respect of such Series on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (to the extent that the Retained Interest Amount equals or exceeds zero).

  • Unless otherwise specified in the Series Supplement for a Series of Notes sharing in a Group, if, after giving effect to Section 4.2(d), Principal Collections allocated to any Series in such Group on any Payment Date are in excess of the amount required to pay amounts due in respect of such Series on such Payment Date in full, then any such excess Principal Collections shall be allocated to the Retained Distribution Account (to the extent that the Retained Interest Amount equals or exceeds zero).


More Definitions of Retained Interest Amount

Retained Interest Amount. Retained Interestholder", "Replacement Vehicle", "Sublease" and "Sublessee" by adding to the beginning of each such definition, after the word "means", the words ", in the case of any Series of Notes to which such term is applicable,". 20
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Retained Interest Amount means: (a) in respect of any Scheduled Fixed Rate Payer Payment Date on which the Adjusted Principal Balance of the Floating Rate Notes is less than the Initial Principal Balance of the Floating Rate Notes the aggregate Interest Amount determined by the Calculation Agent, after consultation with the Agent Bank, that would, but for the fact that the Adjusted Principal Balance of the Floating Rate Notes have been written down, have been due and payable in respect of the aggregate Floating Writedown Amount of the Floating Rate Notes on the following Quarterly Interest Payment Date; and (b) in respect of any Scheduled Fixed Rate Payer Payment Date on which the Adjusted Principal Balance of the Fixed Rate Notes is less than the Initial Principal Balance of the Fixed Rate Notes the aggregate Interest Amount determined by the Calculation Agent, after consultation with the Agent Bank, that would, but for the fact that the Adjusted Principal Balance of the Fixed Rate Notes have been written down, have been due and payable in respect of the aggregate Fixed Writedown Amount of the Fixed Rate Notes on the following Annual Interest Payment Date (such amount being a "Fixed Rate Retained Interest Amount") less any previously funded Fixed Rate Retained Interest Amount in respect of the Fixed Rate Notes that would, but for the fact that the Adjusted Principal Balance of the Floating Rate Notes have been written down, have been due and payable on the next Annual Interest Payment Date.
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Retained Interest Amount means, at any time, the amount, if any, by which the Pool Balance exceeds the Aggregate Invested Amount, in each case, at such time.
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Retained Interest Amount means, for a Group and all Series of Notes in such Group, on any date of determination, the amount, if any, by which the Aggregate Asset Amount for such Group exceeds the Required Asset Amount for such Group as of such date.
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Related to Retained Interest Amount

  • Retained Interest Rate Not applicable.

  • Retained Interest The meaning set forth in the Trust Agreement.

  • Interest Amount means, in relation to a Note and an Interest Period, the amount of interest payable in respect of that Note for that Interest Period;

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • Additional Interest Amount means, with respect to Trust Securities of a given Liquidation Amount and/or a given period, the amount of Additional Interest paid by the Depositor on a Like Amount of Notes for such period.