Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.
Seller’s Share means the Seller’s share of Collections deposited into the Deposit Accounts, calculated as 100% minus the Aggregate Participation.
Seller’s Share. With respect to any amount means 100% minus the lesser of (i) the most recently calculated Asset Interest and (ii) 100%.
Examples of Seller’s Share in a sentence
The Purchasers’ Share of the Servicing Fee shall be paid through the distributions contemplated by Section 1.4(d), and the Seller’s Share of the Servicing Fee shall be paid directly by the Seller.
The Seller shall apply the Seller’s Share of Collections to make payments in the following order of priority: (i) the payment of its expenses (including all obligations payable to the Purchasers, the Purchaser Agents and the Administrator under this Agreement and under the Purchaser Group Fee Letters), (ii) the payment of accrued and unpaid interest on the Company Note and (iii) other legal and valid corporate purposes.
More Definitions of Seller’s Share
Seller’s Share of any amount means (x) 100% minus the Asset Interest (but such Asset Interest shall not be greater than 100%) times (y) such amount.
Seller’s Share means the ratio of (a) the Maximum Purchase Limit under the Purchase Agreement to (b) the aggregate maximum purchase limits or commitments under the Purchase Agreement and all Other Funding Agreements.
Seller’s Share means 100% minus the Trust’s Share;
Seller’s Share means the result (expressed as a percentage) of subtracting the Purchaser’s Share from 100%.
Seller’s Share has the meaning set forth in Section 5.5.11(b)(iii).
Seller’s Share. With respect to amount, on any day, 100% minus the Purchaser's Share on such day.
Seller’s Share. As of any date, the ratio (determined by the Administrative Agent) of the Capital Investment under this Agreement to the aggregate of the Capital Investment under this Agreement and the aggregate capital investments made by the Purchaser under all Other Receivables Purchase Agreements as of such date; PROVIDED, HOWEVER, that for the purposes of making the allocations specified in Section 10.3(c), the Seller's Share shall be equal to the ratio (determined by the Administrative Agent) of the Purchase Limit to the aggregate of the Purchase Limit and the purchase limits under all Other Receivables Purchase Agreements.