Required Amount. (a) With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the “Class A Required Amount”), if any, by which (x) the sum of (i) Class A Monthly Interest for such Distribution Date, (ii) any Class A Monthly Interest previously due but not paid to the Class A Certificateholders on a prior Distribution Date, (iii) any Class A Additional Interest for such Distribution Date and (iv) any Class A Additional Interest previously due but not paid to the Class A Certificateholders on a prior Distribution Date, (v) if TRS or an Affiliate of TRS is no longer the Servicer, the Class A Servicing Fee for such Distribution Date, (vi) if TRS or an Affiliate of TRS is no longer the Servicer, any Class A Servicing Fee previously due but not paid to the Servicer, and (vii) the Class A Investor Default Amount, if any, for such Distribution Date exceeds (y) the Class A Available Funds. In the event that the difference between (x) the Class A Required Amount for such Distribution Date and (y) the amount of Excess Spread and Excess Finance Charge Collections applied with respect thereto pursuant to subsection 4.07(a) on such Distribution Date is greater than zero, the Servicer shall give written notice to the Transferor and the Trustee of such excess Class A Required Amount on the date of computation.
(b) With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the “Class B Required Amount”), if any, equal to the sum of (x) the amount, if any, by which (A) the sum of (i) Class B Monthly Interest for such Distribution Date, (ii) any Class B Monthly Interest previously due but not paid to the Class B Certificateholders, (iii) Class B Additional Interest, if any, for such Distribution Date, (iv) any Class B Additional Interest previously due but not paid to the Class B Certificateholders on a prior Distribution Date, (v) if TRS or an Affiliate of TRS is no longer the Servicer, the Class B Servicing Fee for such Distribution Date and (vi) if TRS or an Affiliate of TRS is no longer the Servicer, any Class B Servicing Fee previously due but not paid to the Servicer exceeds (B) the Class B Available Funds and (y) the Class B Investor Default Amount for such Distribution Date. In the event that the difference between (x) the Class B Required Amount for such Distribution Date and (y) the amount of Excess Spread and Excess Finance Charge Collections applied with respect the...
Required Amount. 22 Section 4.05. Application of Class A Available Funds, Class B Available Funds, Collateral Available Funds and Available Principal Collections................. 22 Section 4.06. .................................................Defaulted Amounts; Investor Charge-Offs 25 Section 4.07. ........................................
Required Amount. With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the "Required Amount"), if any, by which (i) the full amount required to be paid pursuant to Sections 4.05(a)(i), (ii), (iii), (iv) and (vii) for such Distribution Date exceeds (ii) the amount of Available Finance Charge Collections to be applied thereto for such Distribution Date. The Servicer shall give the Trustee notice of the Required Amount on any Determination Date on which the Servicer determines that the Required Amount is greater than zero.
Required Amount. 38 Section 4.06. Application of Reallocated Investor Finance Charge Collections and Available Investor Principal Collections......................................38 Section 4.07. Distributions to Series 1998-2 Certificateholders.........................................44 Section 4.08. Investor Charge-Offs.......................................45 Section 4.09. Excess Finance Charge Collections. ........................47 Section 4.10. Subordinated Principal Collections.........................50 Section 4.11. Credit Enhancement.........................................51 TABLE OF CONTENTS (cont'd) Page Section 4.12. Reallocated Investor Finance Charge Collections................................................59 Section 4.13. Excess Principal Collections...............................61 ARTICLE V Distributions and Reports to Series 1998-2 Certi Section 5.01. Distributions..............................................62 Section 5.02. Reports and Statements to Series 1998-2 Certificateholders.........................................63 ARTICLE VI
Required Amount. The amount of the Aggregate Protection to be maintained under this Agreement which shall be equal to:
Required Amount. 37 Section 4.6 Application of Class A Available Funds, Class B Available Funds, CTO Available Funds, Class D Available Funds and Collections of Principal Receivables .........................................................................39 Section 4.7 Defaulted Amounts; Adjustment Amounts; Investor Charge Offs;
Required Amount. With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the "Class A Required Amount"), if any, by which (a) the sum of (i) Class A Monthly Interest for such Distribution Date, (ii) any Class A Monthly Interest previously due but not paid to the Class A Certificateholders [or deposited to the Interest Funding Account] on a prior Distribution Date, (iii) any Class A Additional interest previously due but not paid to the Class A Certificateholders [or deposited to the Interest Funding Account] on a prior Distribution Date, (iv) the Class A Servicing Fee for such Distribution Date, (v) any Class A Servicing Fee previously due but not paid to the Servicer, and (vi) the Class A Investor Default Amount, if any, for such Distribution Date exceeds (b) the Class A Available Funds. In the event that the [Class A] Required Amount for such Distribution Date is greater than zero, the Servicer shall give written notice to the Trustee of such positive Required Amount on the date of computation.
Required Amount. With respect to each Distribution Date, on the related Determination Date, the Servicer shall determine the amount (the "Class A Required Amount"), if any, by which (x) the sum of the amounts required pursuant to subsections 4.05(a)(i), (ii), (iii), (iv), (v) and (vi) for such Distribution Date, exceeds (y) the Available Funds for such Distribution Date. In the event that the difference between (x) the Class A Required Amount for such Distribution Date and (y) the amount of Excess Spread and Excess Finance Charge Collections applied with respect thereto pursuant to subsection 4.07(a) on such Distribution Date is greater than zero (the "Spread Account Draw Amount"), the Servicer shall give written notice to the Trustee of such positive Class A Required Amount on the date of computation.
Required Amount. The sum of:
(a) $120,000,000 $ 120,000,000
(b) 75% of its Consolidated Net Income (if positive) for each full Fiscal Year after the Closing Date $ —
(c) 85% of the gross proceeds actually received in cash by the Servicer Consolidated Group from the proceeds of any issuance of Capital Stock by the Servicer Consolidated Group after the Closing Date $ —
Required Amount. The amount of the Total Commitment minus amounts borrowed --------------- (excluding any Increased Commitments).
