Investor Default Amount. On each Determination Date, the Servicer shall calculate the Investor Default Amount for the preceding Monthly Period and such Investor Default Amount shall be recognized and subtracted from the Invested Amount in accordance with the definition thereof as of the related Transfer Date. In the event that such reduction would cause the Invested Amount to be a negative number, the Invested Amount will be reduced to zero.
Investor Default Amount. On each Distribution Date, the Trustee, acting in accordance with instructions from the Servicer, shall set aside and retain in the Collection Account, to the extent funds are available from the Floating Allocation Percentage of Yield Collections for the Due Period immediately preceding such Distribution Date, after giving effect to subsections 4.08(a), (b), (c), and (d), an amount equal to the aggregate Investor Default Amount for such Distribution Date which amount shall be deemed to be Principal Collections and treated as Excess Principal Collections with respect to Distribution Dates relating to the Revolving Period, and thereafter will be set aside and retained in the Collection Account and treated as a part of Class A Monthly Principal during the Controlled Accumulation Period or any Early Amortization Period and applied in accordance with subsection 4.08(j) or, if applicable, will be set aside and retained in the Collection Account and be applied as part of Class B Monthly Principal as provided in subsection 4.08(j).
Investor Default Amount a. The aggregate amount of all Defaulted Receivables written off as uncollectible during the Due Period with respect to the current Distri- bution Date allocable to the Series 1998- Certificates (the "Investor Default Amount").................... $________ b. The Class A Investor Default Amount.............................. $________ c. The Collateral Investor Default Amount.............................. $________
Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw first from the Collection Account and then from the Payment Reserve Account, to the extent of any Available Series 1997-1 Imputed Yield Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iii) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1997-1 Imputed Yield Collections and (y) the sum of (1) the aggregate Investor Default Amount for such Business Day plus (2) the unpaid Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) during the Revolving Period treated as Shared Principal Collections, (B) during the Amortization Period on and prior to the day on which an amount equal to the Class A Invested Amount is deposited in the Principal Account, to be deposited in the Principal Account for distribution to the Class A Certificateholders on the related Distribution Date and (C) during the Amortization Period, on and after the day on which such deposit to the Principal Account with respect to the Class A Invested Amount has been made and on and prior to the day on which an amount equal to the Class B Invested Amount is deposited in the Principal Account, to be deposited in the Principal Account for payment to the Class B Certificateholders on the related Distribution Date.
Investor Default Amount. On each Distribution Date, the Trustee, acting in accordance with instructions from the Servicer, shall set aside and retain in the Collection Account, to the extent of the remaining Available Yield Funds after giving effect to Sections 4.9(a), (b), (c) and (d), an amount equal to the aggregate Investor Default Amount for such Distribution Date which amount shall be deemed to be Principal Collections and treated as Excess Principal Collections with respect to Distribution Dates with respect to the Revolving Period, and thereafter will be set aside and retained in the Collection Account first as a part of Class A Monthly Principal and then as a part of Class B Monthly Principal during any Accumulation Period or any Early Amortization Period and applied in accordance with Section 4.9(j) or, if applicable, will be set aside and retained in the Collection Account and be applied as part of Class C Monthly Principal as provided in Section 4.9(j).
Investor Default Amount. On each Business Day, first if such day is the Default Recognition Date for the related Monthly Period, the Transferor will deposit (as described below) Transferor Retained Finance Charge Collections for each prior day in the Current Monthly Period and second the Trustee, acting in accordance with instructions from the Servicer, shall withdraw to the extent of any Available Series 1997-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (iv) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1997-1 Finance Charge Collections and, if such day is the related Default Recognition Date for such Monthly Period, an amount equal to the aggregate Transferor Retained Finance Charge Collections for each prior day during the related Monthly Period and (y) the sum of (1) the aggregate Investor Default Amount for such Business Day plus (2) the unpaid Investor Default Amount for each previous Business Day during such Monthly Period, such amount to be (A) treated as Shared Principal Collections during the Revolving Period, and (B) to be treated as Available Investor Principal Collections during the Amortization Period.
Investor Default Amount. (a) The Aggregate Class D Investor Default Amount for the related Monthly Period $
(b) The Aggregate Investor Default Amount for the related Monthly Period $
Investor Default Amount. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall withdraw from the Collection Account, to the extent of any Available Series 2000-__ Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.09(a)(i) through (iii) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 2000-__ Finance Charge Collections and (y) the sum of (1) the aggregate Investor Default Amount for such Business Day plus (2) the unpaid Investor Default Amount for any previous Business Day during such Monthly Period, which amount will (i) during the Revolving Period, be treated as Shared Principal Collections, (ii) during the Accumulation Period or Early Amortization Period, on or prior to the Class B Principal Payment Commencement Date, be deposited in the Principal Funding Account for payment to the Class A Certificateholders, (iii) during the Accumulation Period or Early Amortization Period, on and after the Class B Principal Payment Commencement Date and on or prior to the Class C Principal Payment Commencement Date, be deposited in the Principal Account for payment to the Class B Certificateholders, and (iv) during the Accumulation Period or Early Amortization Period, on and after the Class C Principal Payment Commencement Date, be deposited in the Principal Account for payment to the Class C Certificateholders.
Investor Default Amount. The Series 2008-3 Investor Default Amount for the related Monthly Period $ (b) Series 2008-3 Investor Default Amount allocated to the Class A Notes for the related Monthly Period $ (c) Series 2008-3 Investor Default Amount allocated to the Class B Notes for the related Monthly Period $ (d) Series 2008-3 Investor Default Amount allocated to the Class C Notes for the related Monthly Period $
Investor Default Amount. The Series 2007-1 Investor Default Amount for the related Monthly Period $
