Recovery of Net Investment. In the event that the aggregate of the Assignment Amounts related to any Class paid by the related Alternate Investors pursuant to this Section 3.1 on any Assignment Date occurring on or after the Conduit Investment Termination Date is less than the portion of the Class Net Investment owned by the related Conduit Investor on such Assignment Date, then to the extent Collections thereafter received by the Agent hereunder in respect of such Class Net Investment exceed the aggregate of the unrecovered Assignment Amounts for such Class and the Class Net Investment funded by the related Alternate Investors (other than any portion thereof attributable to such Assignment Amounts), such excess shall be remitted by the related Class Agent to the related Conduit Investor for the account of the related Conduit Investor.
Appears in 5 contracts
Samples: Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc), Transfer and Administration Agreement (United Stationers Inc)
