Available Principal Amounts Sample Clauses

Available Principal Amounts. (a) Each reallocation of a portion of the Series 2004-A Available Principal Amount that is deposited to the Interest Funding Account pursuant to Section 3.05(a) will reduce the Overcollateralization Amount; provided, however, that such reduction shall not exceed the Overcollateralization Amount (after giving effect to any reductions pursuant to Section 3.03 for Investor Charge-Offs).
AutoNDA by SimpleDocs
Available Principal Amounts. (a) Each reallocation of Series 2005-1 Available Principal Amounts pursuant to Section 3.06(a) will reduce the Nominal Liquidation Amount of the Class C Notes; provided, however, that the amount of such reduction shall not exceed the Nominal Liquidation Amount of the Class C Notes (after giving effect to any reductions pursuant to Section 3.04).
Available Principal Amounts. A. Re-allocation of Series 2008-2 Available Principal Amounts pursuant to Section 3.06(a), (b) and (c) to be applied on the next Transfer Date by the Indenture Trustee:
Available Principal Amounts. In addition to Available Principal Amounts allocated to the Series 2008-2 pursuant to Section 502 of the Indenture, Series 2008-2 Available Principal Amounts will include Series 2008-2 Finance Change Amounts reallocated to be treated as Series 2008-2 Available Principal Amounts pursuant to Section 3.01(e), 3.01(f) or 3.01(i) for application with this Article III for any Monthly Period.
Available Principal Amounts. On each Transfer Date, the Indenture Trustee, at the written direction of the Servicer, shall apply Series 2010-1 Available Principal Amounts as follows:
Available Principal Amounts a. Portion of Available Principal Collections to be paid from the Collection Account pursuant to Section 4.9(e)(i) of Article IV under Section 7 of the Supplement: $____________
Available Principal Amounts. In ------------------------------------------------------------------ addition to Available Principal Amounts allocated to the Series [___] pursuant to Section 502 of the Indenture, the Series [___] Available Funds reallocated ----------- pursuant to Section 3.01(c) or 3.01(d) --------------- ------- shall be treated as Series [___] Available Principal Amounts for application in accordance with this Article III for any Monthly Period. -----------
AutoNDA by SimpleDocs
Available Principal Amounts. On each Distribution Date, the Indenture Trustee will apply Series 2006-1 Available Principal Amounts as follows:
Available Principal Amounts. If on any day during the Revolving Period no other Series is then amortizing, repaying or accumulating principal and the Adjusted Pool Balance is not less than the Required Pool Balance on such day and the Transferor Amount is not less than the Trust Available Subordinated Amount on such day, the Servicer will distribute directly to the Transferor on each date of deposit the Series 2005-1 Noteholder’s share of Principal Collections. On each Payment Date, the Indenture Trustee will apply the Series 2005-1 Available Principal Amount as follows:
Available Principal Amounts. In addition to the Available Principal Amounts allocated to the Series 2005-1 Notes pursuant to Section 5.02 of the Indenture, any portion of the Series 2005-1 Available Interest Amount that is allocated pursuant to Section 3.01(e) or Section 3.01(h) shall be treated as part of the Series 2005-1 Available Principal Amounts for application in accordance with Section 3.05.
Time is Money Join Law Insider Premium to draft better contracts faster.