Investor Interest definition

Investor Interest means, on any date of determination, an amount equal to the sum of (a) the Class A Investor Interest, (b) the Class B Investor Interest and (c) the Collateral Interest Amount, each as of such date.

Investor Interest means, on any date of determination, an amount equal to the sum of (a) the Class A Investor Interest, (b) the Class B Investor Interest and (c) the Collateral Interest, each as of such date.

Investor Interest means, on any date of

Examples of Investor Interest in a sentence

• The Minimum Principal Receivables Balance is generally calculated by dividing the Investor Interest by 93%.

• For Section 1, the ending balances for the Investor Interest and the Transferor Interest are shown after any principal payments to be made to the holders of DiscoverSeries Notes on this Distribution Date.

• The deposit required in connection with any such repurchase shall include the amount, if any, on deposit in the Principal Funding Account and will be equal to the sum of (a) the Investor Interest and (b) accrued and unpaid interest on the Investor Certificates through the day preceding the Distribution Date on which the repurchase occurs.

• The Investor Certificates shall be subject to retransfer to the Seller at its option, in accordance with the terms specified in subsection 12.02(a), on any Distribution Date on or after the Distribution Date on which the Investor Interest is reduced to an amount less than or equal to 5% of the Initial Investor Interest.

• Should the Servicer Interchange on deposit in the Finance Charge Account on any Transfer Date with respect to the related Monthly Period be less than one-twelfth of 0.75% of the Adjusted Investor Interest as of the last day of such Monthly Period, the Investor Servicing Fee with respect to such Monthly Period will not be paid to the extent of such insufficiency of Servicer Interchange on deposit in the Finance Charge Account.

More Definitions of Investor Interest

Investor Interest shall have, with respect to any Series of Certificates, the meaning stated in the related Supplement.

Investor Interest means, on any date of determination, an amount equal to (a) the Initial Investor Interest, minus (b) the aggregate amount of principal payments made to the Certificates prior to such date and minus (c) the aggregate amount of Investor Charge-Offs pursuant to Section 4.10 and Reallocated Principal Collections pursuant to Section 4.11 plus (d) the aggregate amount of Available Investor Finance Charge Collections allocated and available on all prior Transfer Dates pursuant to subsection 4.9(a)(vi) for the purpose of reimbursing the amount of any reduction pursuant to clause (c); provided, however, that the Investor Interest may not be reduced below zero.

Investor Interest means on any day, with respect to any Investor, the beneficial interest of such Investor in the Affected Assets, which beneficial interest shall equal the product of (i) the Unpaid Balance of all Receivables and (ii) a fraction, the numerator of which is the aggregate portion of the Net Investment funded by such Investor and the denominator of which is the Net Investment.

Investor Interest means the Investor’s Membership Interest in the Company having the rights, preferences and designations provided for such interest in the Company LLC Agreement.

Investor Interest with respect to Series 2001-D shall mean, on any date of determination, an amount equal to the sum of the Nominal Liquidation Amounts for each tranche of Notes Outstanding as of such date of determination.

Investor Interest means the beneficial entitlement to receivables trust property of the MTN Issuer in respect of Series 04-2;

Investor Interest means, on any date of determination, a amount equal to the sum of (a) the Class A Investor Interest, (b) the Class B Investor Interest and (c) the Collateral Interest, each as of such date.