INVESTOR INDEMNITY AMOUNT Sample Clauses

INVESTOR INDEMNITY AMOUNT. (i) The Series 03-2 Investor Beneficiary hereby undertakes to the Receivables Trustee (by way of a contractual obligation owed by the Series 03-2 Investor Beneficiary to the Receivables Trustee and to no other person and not as part of the terms of the Receivables Trust) that it will pay to the Receivables Trustee an amount equal to the Aggregate Investor Indemnity Amount. The amount of any such payment to be made by the Series 03-2 Investor Beneficiary to the Receivables Trustee shall not exceed an amount equal to the amount of monies available for such purpose as set out in Clause 5.15(l) of the Schedule;
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INVESTOR INDEMNITY AMOUNT. (a) On or before each Transfer Date, the Receivables Trustee, acting on the advice of the Trust Cash Manager, shall calculate the Aggregate Investor Indemnity Amount allocable to Series 03-2. Such amount shall be payable solely to the extent amounts are available from Excess Spread for distribution in respect thereof pursuant to Clause 5.15(l) PROVIDED, HOWEVER, that if there are insufficient amounts available to pay such amount in full on the relevant Transfer Date, the excess will be carried forward and payable on the next and subsequent Transfer Dates solely to the extent amounts are available from Excess Spread for distribution in respect thereof pursuant to Clause 5.15(l).
INVESTOR INDEMNITY AMOUNT. 7.1 On or before each Transfer Date, the Receivables Trustee (or the Bank Account Operator acting on the Receivable Trustee's behalf), acting on the instructions of the Servicer, shall calculate the Aggregate Investor Indemnity Amount allocable to the De-Linked Trust Series. Such amount shall be payable solely to the extent amounts are available to the Receivable Trustee from payments made to it by Loan Note Issuer No.1 pursuant to Clause 23.1(l) (Payments of Amounts Representing Finance Charge Collections) of the Security Trust Deed as Additional Funds in accordance with Clauses 2.3 and 5(d)(iii) of the Supplement (identified as Investor Indemnity Payment Amount) provided, however, that if there are insufficient amounts available to pay such amount in full the excess will be carried forward and payable on the next and subsequent Transfer Dates solely to the extent amounts are available from amounts to be distributed pursuant to Clause 23.1(l) (Payments of Amounts Representing Finance Charge Collections) of the Security Trust Deed.
INVESTOR INDEMNITY AMOUNT. (i) The Loan Note Issuer hereby undertakes to the Receivables Trustee for itself and as trustee for each other Beneficiary (by way of a contractual obligation owed by the Loan Note Issuer to no other person and not as part of the terms of the Receivables Trust) that it will pay to the Receivables Trustee from its own resources by way of Additional Consideration in accordance with Clause 3(c), an amount equal to the Aggregate Investor Indemnity Amount (identified as the "INVESTOR INDEMNITY AMOUNT"). The amount of any such payment to be made by the Loan Note Issuer to the Receivables Trustee shall not exceed an amount equal to the amount of monies available for such purpose as set out in Clause 5.15(k) of the Schedule;
INVESTOR INDEMNITY AMOUNT. (a) On each Determination Date, the Receivables Trustee, acting on the advice of the Trust Cash Manager, shall calculate the Aggregate Investor Indemnity Amount allocable to Series 2005-A. Such amount shall be payable solely to the extent amounts are available from Available Spread for distribution in respect thereof pursuant to Clause 5.15(k). The payment shall be distributed to the Series 2005-A Loan Note Issuer Distribution Account for payment to the Receivables Trustee as Additional Consideration in accordance with Clause 3(c) (identified as "INVESTOR INDEMNITY AMOUNT") PROVIDED, HOWEVER, that if there are insufficient amounts available to pay such amount in full the excess will be carried forward and payable on the next and subsequent Transfer Dates solely to the extent amounts are available from Available Spread for distribution in respect thereof pursuant to Clause 5.15(k).

Related to INVESTOR INDEMNITY AMOUNT

  • Company Indemnification The Company agrees to indemnify and hold harmless the Agent, its partners, members, directors, officers, employees and agents and each person, if any, who controls the Agent within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act as follows:

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