Common use of COMPUTATION OF INVESTED AMOUNT AND PURCHASER'S TRANCHE INVESTMENT Clause in Contracts

COMPUTATION OF INVESTED AMOUNT AND PURCHASER'S TRANCHE INVESTMENT. In making any determination of the Invested Amount and any Purchaser's Tranche Investment, the following rules shall apply: (a) the Invested Amount shall not be considered reduced by any allocation, setting aside or distribution of any portion of Collections unless such Collections shall have been actually delivered hereunder to the Agent, on the Purchaser's behalf; (b) the Invested Amount shall not be considered reduced by any distribution of any portion of Collections if at any time such distribution is rescinded or must otherwise be returned for any reason; and (c) if there is any reduction in the Invested Amount, there shall be a corresponding reduction in the Purchaser's Tranche Investment with respect to one or more Asset Tranches selected by the Agent, on the Purchaser's behalf, in its discretion.

COMPUTATION OF INVESTED AMOUNT AND PURCHASER'S TRANCHE INVESTMENT. In making any determination of the Invested Amount and any Purchaser's Tranche Investment, the following rules shall apply: (a) the Invested Amount shall not be considered reduced by any allocation, setting aside or distribution of any portion of Collections unless such Collections shall have been actually delivered hereunder to the Administrative Agent, on the Purchaser's behalf; (b) the Invested Amount shall not be considered reduced by any distribution of any portion of Collections if at any time such distribution is rescinded or must otherwise be returned for any reason; and (c) if there is any reduction in the Invested Amount, there shall be a corresponding reduction in the Purchaser's Tranche Investment with respect to one or more Asset Tranches selected by the Administrative Agent, on the Purchaser's behalf, in its discretion.

COMPUTATION OF INVESTED AMOUNT AND PURCHASER'S TRANCHE INVESTMENT. In making any determination of the Invested Amount and any Purchaser's Tranche Investment, the following rules shall apply: (a) the Invested Amount shall not be considered reduced by any allocation, setting aside or distribution of any portion of Collections unless such Collections shall have been actually delivered hereunder to the AgentAdministrator, on the Purchaser's behalf; (b) the Invested Amount shall not be considered reduced by any distribution of any portion of Collections if at any time such distribution is rescinded or must otherwise be returned for any reason; and (c) if there is any reduction in the Invested Amount, there shall be a corresponding reduction in the a Purchaser's Tranche Investment with respect to one or more Asset Tranches selected by the AgentAdministrator, on the Purchaser's behalf, in its discretion.

COMPUTATION OF INVESTED AMOUNT AND PURCHASER'S TRANCHE INVESTMENT. In making any determination of the Invested Amount and any Purchaser's Tranche Investment, the following rules shall apply: (a) the The Invested Amount shall not be considered reduced by any allocation, setting aside or distribution of any portion of Collections unless such Collections shall have been actually delivered hereunder to the Administrative Agent, on the Purchaser's behalf; (b) the The Invested Amount shall not be considered reduced by any distribution of any portion of Collections if at any time such distribution is rescinded or must otherwise be returned for any reason; and (c) if there is any reduction in the Invested Amount, there shall be a corresponding reduction in the a Purchaser's Tranche Investment with respect to one or more Asset Tranches selected by the Administrative Agent, on the Purchaser's behalf, in its reasonable discretion.