Additional Invested Amounts Sample Clauses

Additional Invested Amounts. (a) The Transferor may sell to the Series 2004-CC Certificateholder on any Business Day additional undivided interests in the Trust in specified amounts (such amounts, the "Additional Invested Amounts") if the conditions precedent to selling an additional interest set forth in Section 6.15(b) have been met. If the Series 2004- CC Certificateholder acquires such additional interest, the Series 2004-CC Certificateholder shall make a cash payment to the Transferor on such Business Day (to be applied in accordance with Section 6.15(c)) in the amount of such Additional Invested Amount; provided, however, that if the Transferor is, as of such Business Day, the holder of the transferor interest in an asset pool in the Chase Issuance Trust, as an alternative form of consideration, the Transferor may accept an increase in the amount of such transferor interest in an asset pool in the Chase Issuance Trust. The Transferor Interest in the Trust shall decrease as a result of such sale. Any Additional Invested Amounts purchased by the Series 2004-CC Certificateholder shall be evidenced by the definitive Certificate held by the Certificateholder issued on the Closing Date substantially in the form of Exhibit A hereto. The Series 2004- CC Certificateholder shall and is hereby authorized to record on the grid attached to the Series 2004-CC Certificate (or at such Certificateholder's option, in its internal books and records) the date and invested amount of any Additional Invested Amounts purchased by it, the current invested amount thereof and each change thereto; provided, however, that failure to make any such recordation on such grid or any error in such grid shall not adversely affect such Certificateholder's rights with respect to its Invested Amount. The Trustee shall not be responsible for the accuracy of any information on any such grid or with respect to the Certificateholder's notations in its internal books and records. The Servicer shall appropriately note all Additional Invested Amounts (and the increased Invested Amount) as well as any principal payment and reductions due to the Investor Default Amount on the Servicer's certificate delivered with respect to the related Monthly Period and direct the Trustee in writing to apply payments for Additional Invested Amounts as set forth in Section 6.15(c). (b) The Transferor may determine to sell an additional interest on any date (each, an "Additional Investment Date") as set forth in Section 6.15(a) above subject t...
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Additional Invested Amounts. 14 SECTION 9. Series 2002-CC Pay Out Events. ......................................... 16 SECTION 10. Series 2002-CC Termination. ........................................... 17 SECTION 11. Transfer of the 2002-CC Certificate. ................................ 17
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Additional Invested Amounts. The Transferor may on the Series 1999-1 Closing Date and from time to time thereafter issue and, when applicable, cause the Trustee to authenticate Class A Certificates, Class B Certificates, and additional Class C Certificates, Class D Certificates and Class E Certificates which shall be part of Series 1999-1, subject to the following limitations: (a) Class A Certificates and Class B Certificates may be issued as Variable Funding Certificates or as conventional term certificates. Either type of issuance will cause an increase in the Class A Invested Amount (an "Additional Class A Invested Amount") or the Class B Invested Amount (an "Additional Class B Invested Amount") as follows. In the case of conventional term certificates, the Additional Class A Invested Amount or Additional Class B Invested Amount will equal the initial principal amount of the applicable Certificates. In the case of Variable Funding Certificates, Additional Class A Invested Amounts or Additional Class B Invested Amounts may be issued from time to time and evidenced by such Certificates, in accordance with the applicable Issuance Supplement. All or a portion of the proceeds from issuances of Class A Certificates and Class B Certificates may be used to refinance any then outstanding Class A Certificates and Class B Certificates to the extent permitted by each applicable Issuance Supplement, and no such additional Certificates may have an expected final payment date later than the Class A/B VFC Expected Final Payment Date. (b) (i) No more than $217,000,000 of Class A Certificates and $66,500,000 of Class B Certificates may be outstanding in Series 1999-1 at any time unless (x) the Insurer consents to any amount in excess of either of the foregoing amounts and (y) additional Class C Certificates, Class D Certificates and Class E Certificates are issued in amounts such that each Class of Certificates will have an Enhancement Percentage of not less than the required percentage specified for such Class below. Class of Required Certificates Enhancement Percentage Class A 38% Class B 19% Class C 11% Class D 5.75%
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Additional Invested Amounts. 21 SECTION 4. SERIES 1999-2 CERTIFICATE RATE................... 22 SECTION 5. SERIES 1999-2 EVENTS OF TERMINATION.............. 22
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Additional Invested Amounts. 15 ARTICLE III ARTICLE III OF THE POOLING AGREEMENT
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Additional Invested Amounts. 52 Section 6.16 Extension.............................................................................55 SECTION 10. Series 1997-1 Termination...........................................................................57 SECTION 11. Limitation on Changes in Invested Amount. ..........................................................57 SECTION 12. Legends; Transfer and Exchange; Restrictions on Transfer of Series 1997- 1 Variable Funding Certificates; Tax Treatment......................................................57
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Additional Invested Amounts. (a) Each Series 1999-2 Certificateholder agrees, by acceptance of its Series 1999-2 Certificate, that the Transferor may, from time to time prior to the Facility Termination Date (as defined in the Certificate Purchase Agreement) for such Series 1999-2 Certificate, upon satisfaction of the conditions set forth in Section 2.2 of the Certificate Purchase Agreement, request that each Noncommitted Series 1999-2 Purchaser acquire, and (if a Noncommitted Series 1999-2 Purchaser decides in its sole discretion not to so acquire) require that the related Committed Series 1999-2 Purchaser acquire, as of any Purchase Date, additional undivided interests in the Trust in specified amounts (such amounts, the "Additional Invested Amount"); provided, that the Series 1999-2 Target Receivables Amount does not exceed the Series 1999-2 Allocated Receivables Amount, after giving effect to any increase in the Series 1999-2 Invested Amount and the Series 1999-2 Required Transferor Amount on such Purchase Date. On each Purchase Date, the Series 1999-2 Invested Amount (and each other amount set forth herein, the calculation of which is based on such amount) shall be recalculated to include the Additional Invested Amounts with respect to the Series 1999-2
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Related to Additional Invested Amounts

  • Defaulted Amounts; Investor Charge-Offs (a) On each Determination Date, the Servicer shall calculate the Class A Investor Default Amount, if any, for the related Distribution Date. If, on any Distribution Date, the Class A Required Amount for the related Monthly Period exceeds the sum of (x) the amount of Reallocated Principal Collections allocated to Series 2000-3 with respect to such Monthly Period and (y) the amount of Excess Spread and the Excess Finance Charge Collections allocable to Series 2000-3 with respect to such Monthly Period, the Collateral Invested Amount, if any, will be reduced by the amount of such excess, but not by more than the Class A Investor Default Amount for such Distribution Date. In the event that such reduction would cause the Collateral Invested Amount to be a negative number, the Collateral Invested Amount will be reduced to zero and the Class B Invested Amount shall be reduced by the amount by which the Collateral Invested Amount would have been reduced below zero, but not by more than the excess, if any, of the Class A Investor Default Amount for such Distribution Date over the amount of such reduction, if any, of the Collateral Invested Amount with respect to such Distribution Date. In the event that such reduction would cause the Class B Invested Amount to be a negative number, the Class B Invested Amount shall be reduced to zero, and the Class A Invested Amount shall be reduced by the amount by which the Class B Invested Amount would have been reduced below zero, but not by more than the excess, if any, of the Class A Investor Default Amount for such Distribution Date over the aggregate amount of the reductions, if any, of the Collateral Invested Amount and the Class B Invested Amount for such Distribution Date (a "Class A Investor Charge-Off"). Class A Investor Charge-Offs shall thereafter be reimbursed and the Class A Invested Amount increased (but not by an amount in excess of the aggregate unreimbursed Class A Investor Charge-Offs) on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available for that purpose pursuant to subsection 4.07(b). References to "negative numbers" above shall be determined without regard to the requirement that the Invested Amount of a Class not be reduced below zero.

  • Reallocated Principal Collections On or before each Transfer Date, the Servicer shall instruct the Trustee in writing (which writing shall be substantially in the form of Exhibit B hereto) to withdraw from the Principal Account and apply Reallocated Principal Collections (applying all Reallocated Collateral Principal Collections in accordance with subsections 4.12(a) and (b) prior to applying any Reallocated Class B Principal Collections in accordance with subsection 4.12 (a) for any amounts still owing after the application of Reallocated Collateral Principal Collections) with respect to such Transfer Date, to make the following distributions on each Transfer Date in the following priority: (a) an amount equal to the excess, if any, of (i) the Class A Required Amount, if any, with respect to such Transfer Date over (ii) the amount of Excess Spread with respect to the related Monthly Period, shall be applied pursuant to subsections 4.09(a)(i), (ii) and (iii); and (b) an amount equal to the excess, if any, of (i) the Class B Required Amount, if any, with respect to such Transfer Date over (ii) the amount of Excess Spread allocated and available to the Class B Certificates pursuant to subsection 4.11(c) on such Transfer Date shall be applied first pursuant to subsections 4.09(b)(i) and (ii) and then pursuant to subsection 4.11(c). (c) On each Transfer Date, the Collateral Interest Amount 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. In the event that such reduction would cause the Collateral Interest Amount (after giving effect to any Collateral Charge-Offs for such Transfer Date) to be a negative number, the Collateral Interest Amount (after giving effect to any Collateral Charge-Offs for such Transfer Date) shall be reduced to zero and the Class B Investor Interest shall be reduced by the amount by which the Collateral Interest Amount would have been reduced below zero. In the event that the reallocation of Reallocated Principal Collections would cause the Class B Investor Interest (after giving effect to any Class B Investor Charge-Offs for such Transfer Date) to be a negative number on any Transfer Date, Reallocated Principal Collections shall be reallocated on such Transfer Date in an aggregate amount not to exceed the amount which would cause the Class B Investor Interest (after giving effect to any Class B Investor Charge-Offs for such Transfer Date) to be reduced to zero.

  • Contribution Amounts The Sellers and the Underwriters agree that it would not be just or equitable if contribution pursuant to this Section 8 were determined by pro rata allocation (even if the Underwriters were treated as one entity for such purpose) or by any other method of allocation that does not take account of the equitable considerations referred to in Section 8.7. The amount paid or payable by an indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 8, no Underwriter shall be required to contribute any amount in excess of the amount by which the total price at which the Shares underwritten by it and distributed to the public were offered to the public exceeds the amount of any damages that such Underwriter has otherwise been required to pay by reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any person who was not guilty of such fraudulent misrepresentation. The remedies provided for in this Section 8 are not exclusive and shall not limit any rights or remedies which may otherwise be available to any indemnified party at law or in equity.

  • Shared Principal Collections Subject to Section 4.04 of the Agreement, Shared Principal Collections for any Distribution Date will be allocated to Series 2018-8 in an amount equal to the product of (x) the aggregate amount of Shared Principal Collections with respect to all Principal Sharing Series for such Distribution Date and (y) a fraction, the numerator of which is the Series 2018-8 Principal Shortfall for such Distribution Date and the denominator of which is the aggregate amount of Principal Shortfalls for all the Series which are Principal Sharing Series for such Distribution Date. The “Series 2018-8 Principal Shortfall” will be equal to (a) for any Distribution Date with respect to the Revolving Period, zero, (b) for any Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount with respect to such Distribution Date over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections), and (c) for any Distribution Date with respect to the Early Amortization Period, the excess, if any, of the Invested Amount over the amount of Available Principal Collections for such Distribution Date (excluding any portion thereof attributable to Shared Principal Collections).

  • Excess Finance Charge Collections Series 2017-6 shall be an Excess Allocation Series. Subject to Section 4.05 of the Agreement, Excess Finance Charge Collections with respect to the Excess Allocation Series for any Distribution Date will be allocated to Series 2017-6 in an amount equal to the product of (x) the aggregate amount of Excess Finance Charge Collections with respect to all the Excess Allocation Series for such Distribution Date and (y) a fraction, the numerator of which is the Finance Charge Shortfall for Series 2017-6 for such Distribution Date and the denominator of which is the aggregate amount of Finance Charge Shortfalls for all the Excess Allocation Series for such Distribution Date. The “Finance Charge Shortfall” for Series 2017-6 for any Distribution Date will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to subsections 4.05(a), 4.05(b) and 4.05(c) and subsections 4.07(a) through (j) on such Distribution Date and the full amount required to be paid, without duplication, pursuant to subsections 3.02(a)(iii) and 3.02(a)(iv) of the Transfer Agreement on the related Payment Date (as such term is defined in the Transfer Agreement) over (b) the sum of (i) the Reallocated Investor Finance Charge Collections, (ii) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period or Early Amortization Period, the amount of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date and (iii) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date. The amount of Excess Finance Charge Collections for Series 2017-6 for any Distribution Date shall be specified in subsection 3.02(a)(v) of the Transfer Agreement. On each Distribution Date, the Trustee shall deposit into the Collection Account for application in accordance with Section 4.05 of the Agreement the aggregate amount of Excess Finance Charge Collections received by the Trustee pursuant to the Transfer Agreement on such date.

  • Defaulted Amounts If the Company fails to pay any amount (a “Defaulted Amount”) payable on a Note on or before the due date therefor as provided in this Indenture, then, regardless of whether such failure constitutes an Event of Default, (i) such Defaulted Amount will forthwith cease to be payable to the Holder of such Note otherwise entitled to such payment; (ii) to the extent lawful, interest (“Default Interest”) will accrue on such Defaulted Amount at a rate per annum equal to the rate per annum at which Stated Interest accrues, from, and including, such due date to, but excluding, the date of payment of such Defaulted Amount and Default Interest; (iii) such Defaulted Amount and Default Interest will be paid on a payment date selected by the Company to the Holder of such Note as of the Close of Business on a special record date selected by the Company, provided that such special record date must be no more than fifteen (15), nor less than ten (10), calendar days before such payment date; and (iv) at least fifteen (15) calendar days before such special record date, the Company will send notice to the Trustee and the Holders that states such special record date, such payment date and the amount of such Defaulted Amount and Default Interest to be paid on such payment date.

  • Funding Account The Administrative Agent shall have received a notice setting forth the deposit account of the Borrower (the “Funding Account”) to which the Administrative Agent is authorized by the Borrower to transfer the proceeds of any Borrowings requested or authorized pursuant to this Agreement.

  • Additional Contributions The Member is not required to make any additional capital contribution to the Company. However, the Member may at any time make additional capital contributions to the Company in cash or other property.

  • Additional Capital Contributions No Member shall be required to make additional capital contributions. A Member may make additional capital contributions to the Company.

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