Common use of Reductions and Reinstatements Clause in Contracts

Reductions and Reinstatements. The Series 2010-1 Collateral Amount, Series 2010-1 Overcollateralization Amount and Series 2010-1 Nominal Liquidation Amount shall be calculated on each Transfer Date and shall be reduced and reinstated as described below.

Appears in 2 contracts

Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Owner Trust), Navistar Financial Dealer Note (Navistar Financial Corp)

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Reductions and Reinstatements. The Series 20102004-1 Collateral Amount, Series 20102004-1 Overcollateralization Amount and Series 20102004-1 Nominal Liquidation Amount shall be calculated on each Transfer Date and shall be reduced and reinstated as described below.

Appears in 1 contract

Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Trust)

Reductions and Reinstatements. The Series 20102009-1 Collateral Amount, Series 20102009-1 Overcollateralization Amount and Series 20102009-1 Nominal Liquidation Amount shall be calculated on each Transfer Date and shall be reduced and reinstated as described below.

Appears in 1 contract

Samples: Navistar Financial Dealer Note (Navistar Financial Dealer Note Master Owner Trust)

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Reductions and Reinstatements. The Series 20102005-1 Collateral Amount, Series 20102005-1 Overcollateralization Amount and Series 20102005-1 Nominal Liquidation Amount shall be calculated on each Transfer Date and shall be reduced and reinstated as described below.

Appears in 1 contract

Samples: Navistar Financial Dealer Note Master (Navistar Financial Dealer Note Master Trust)

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