Additional Balance Contributed Amount definition
Additional Balance Contributed Amount. The [_________] Additional Balance Contributed Amount and the [_________] Additional Balance Contributed Amount, as applicable.
Additional Balance Contributed Amount. As to any Payment Date, the difference, if any, between (a) the aggregate excess, if any, for all prior Payment Dates of (i) the aggregate principal amount of all Additional Balances created during the Collection Period relating to each such Payment Date over (ii) the amounts received by the Sponsor on such Payment Date pursuant to Section 3.03(iv) of the Sale and Servicing Agreement, minus (b) the aggregate Additional Balance Contributed Amounts paid to the Sponsor on all prior Payment Dates pursuant to Section 8.7(c)(iv) of the Indenture.
Additional Balance Contributed Amount. As to any Payment Date, the difference, if any, between (a) the aggregate excess, if any, for all prior Payment Dates of (i) the aggregate principal amount of all Additional Balances created during the Collection Period relating to each such Payment Date over (ii) Principal Collections relating to such Payment Date, and (b) the aggregate Additional Balance Contributed Amounts paid to the Sponsor on all prior Payment Dates pursuant to Section 8.7(d)(iv) of the Indenture.
Examples of Additional Balance Contributed Amount in a sentence
Upon the occurrence of a Rapid Amortization Event, the related Servicer shall no longer receive any principal funds upon the transfer of Additional Balances to the Issuer in respect of the Additional Balance Contributed Amount but will be reimbursed directly by the Holder of the Class L Certificate.
More Definitions of Additional Balance Contributed Amount
Additional Balance Contributed Amount. As to any Payment Date, the difference, if any, between (a) the aggregate excess, if any, for all prior Payment Dates of (i) the aggregate principal amount of all Additional Balances created during the Collection Period relating to each such Payment Date over (ii) Principal Collections relating to such Payment Date, and (b) the aggregate Additional Balance Contributed Amounts paid to the Depositor on all prior Payment Dates pursuant to Section 8.7(d)(iv) of the Indenture.
Additional Balance Contributed Amount. As to any Payment Date, the difference, if any, between (a) (1) during the Managed Amortization Period, the aggregate excess, if any, for all prior Payment Dates of (i) the aggregate principal amount of all Additional Balances created during the Collection Period relating to each such Payment Date over (ii) Principal Collections relating to such Payment Date with respect to the Revolving Credit Loans, and (2) during the Rapid Amortization Period, the aggregate principal amount of all Additional Balances created during the Collection Period relating to each such Payment Date, and (b) the aggregate Additional Balance Contributed Amounts paid to the Holders of the Class L Certificates on all prior Payment Dates pursuant to Section 3.05(a) of the Indenture.