Excess Principal Funding Investment Proceeds means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceed the Covered Amount determined on such Transfer Date.
Excess Principal Funding Investment Proceeds means, as of each Transfer Date with respect to the Controlled Accumulation Period or the first Transfer Date with respect to the Rapid Amortization Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceed the Covered Amount determined on such Transfer Date.
Excess Principal Funding Investment Proceeds means,
Examples of Excess Principal Funding Investment Proceeds in a sentence
Any Excess Principal Funding Investment Proceeds shall be paid to the Seller on each Transfer Date.
The Excess Principal Funding Investment Proceeds for the current Distribution Date $ 0.00 3.
The Excess Principal Funding Investment Proceeds for the current Distribution Date $0.00 3.
The Excess Principal Funding Investment Proceeds for the current Distribution Date .......
Any Excess Principal Funding Investment Proceeds shall be paid to the Transferor on each Transfer Date.
More Definitions of Excess Principal Funding Investment Proceeds
Excess Principal Funding Investment Proceeds means, with respect to each Transfer Date relating to the Controlled
Excess Principal Funding Investment Proceeds means, with respect to each Transfer Date for the Controlled Accumulation Period or the first Transfer Date with respect to the Regulated Amortisation Period or the Rapid Amortisation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceeds the Class A Covered Amount as determined for such Transfer Date;
Excess Principal Funding Investment Proceeds means, with -------------------------------------------- respect to each Distribution Date, the amount, if any, by which the Principal Funding Investment Proceeds for such Distribution Date exceed the Covered Amount determined for such Distribution Date.
Excess Principal Funding Investment Proceeds means, with respect to each Transfer Date for the Controlled Accumulation Period or the first Transfer Date with respect to the Regulated Amortisation Period or the Rapid Amortisation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceeds the Class A1 Covered Amount or the Class A2 Covered Amount as determined for such Transfer Date;
Excess Principal Funding Investment Proceeds means, for any Collection Period, with respect to each Transfer Date for the Controlled Accumulation Period or the first Transfer Date with respect to the Rapid Amortisation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceed the aggregate Series 2019-1 Covered Amount for such Transfer Date;
Excess Principal Funding Investment Proceeds means, as of each Transfer Date with respect to the
Excess Principal Funding Investment Proceeds means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date exceed the Covered Amount determined on such Transfer Date. "Excess Spread" shall mean, with respect to any Transfer Date, the sum of the amounts with respect to such Transfer Date, if any, specified pursuant to subsections 4.9(a)(iv), 4.9(b)(iii) and 4.9(c)(ii). "Finance Charge Shortfall" shall mean, with respect to any Transfer Date, the excess, if any, of the amount distributable pursuant to subsections 4.11(a)-(j) over Excess Spread. "Fixed Investor Percentage" shall mean, with respect to any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the Investor Interest as of the close of business on the last day of the Revolving Period and the denominator of which is the greater of (a) the sum of (i) the aggregate amount of Principal Receivables in the Trust determined as of the close of business on the last day of the prior Monthly Period and (ii) the Excess Funding Amount as of the close of business on such last day of the prior Monthly Period and (b) the sum of the numerators used to calculate the Investor Percentages (as such term is defined in the Agreement) for allocations with respect to Principal Receivables for all outstanding Series on such date of determination; provided, however, that with respect to any Monthly Period in which an Addition Date occurs or in which a Removal Date occurs, the denominator determined pursuant to clause (a)(i) hereof shall be (A) the aggregate amount of Principal Receivables in the Trust as of the close of business on the last day of the prior Monthly Period for the period from and including the first day of such Monthly Period to but excluding the related Addition Date or Removal Date and (B) the aggregate amount of Principal Receivables in the Trust as of the beginning of the day on the related Addition Date or Removal Date after adjusting for the aggregate amount of Principal Receivables added to or removed from the Trust on the related Addition Date or Removal Date, for the period from and including the related Addition Date or Removal Date to and including the last day of such Monthly Period.