Administrative Agent Deficiency Amount definition
Administrative Agent Deficiency Amount at any time is a Dollar amount equal to (a) the cumulative amount of interest distributed by Administrative Agents to the Lenders (other than CPC) solely with respect to each specific Transaction Statement for which an Event of Default exists as outlined above in this Section 4.4 under the portion of the Aggregate Floorplan Loan attributable to Lenders (other than CPC) for the period commencing with the date interest begins accruing on the Payment Due Date (excluding any interest distributed which is attributable to the period of time during the free floor plan period); provided, however, that in no event shall any interest paid to the Lenders (other than CPC) relating to any Loan Obligations arising under a specific Transaction Statement during any period for which no Event of Default exists or existed be included in the calculation under this clause (a), minus (b) the cumulative amount of interest collected from Resellers by Administrative Agents solely with respect to each specific Transaction Statement for which an Event of Default exists as outlined above in this Section 4.4 under the portion of the Aggregate Floorplan Loan attributable to Lenders (other than CPC) for the period commencing with the Payment Due Date (excluding any interest distributed which is attributable to the period of time during the free floor plan period) through the date of calculation. Notwithstanding anything to the contrary contained herein, no Reseller shall have any obligation to any Lender, CPC or any Agent under the provisions of this Section 4.4.
Administrative Agent Deficiency Amount at any time is a Dollar amount equal to (i) the cumulative amount of interest distributed by Administrative Agent to the Lenders (other than CDF) solely with respect to each specific Transaction Statement for which a Floorplan Payment Default exists as outlined above in this Section 4.5 under the portion of the Aggregate Floorplan Loan attributable to Lenders (other than CDF) for the period commencing with the date interest begins accruing under the Transaction Statement (excluding any interest distributed which is attributable to the period of time during any free floor plan period) and to the extent such interest has not been paid by Borrower under each such specific Transaction Statement relating to such Floorplan Payment Default through the date of calculation (provided, however, that in no event shall any interest paid to the Lenders (other than CDF) relating to any specific Transaction Statement during any period for which no Floorplan Payment Default exists or existed be included in the calculation under this clause (i)), minus (ii) the cumulative amount of interest collected from Borrower by Administrative Agent solely with respect to each specific Transaction Statement for which a Floorplan Payment Default exists as outlined above in this Section 4.5 under the portion of the Aggregate Floorplan Loan attributable to Lenders (other than CDF) for the period commencing with the date interest begins accruing under the Transaction Statement (excluding any interest distributed which is attributable to the period of time during any free floor plan period). For purposes of determining the interest payable by Administrative Agent to each Lender (other than CDF) on each such Lender’s respective Floorplan Loans, each Floorplan Loan Advance or any part of a Floorplan Loan Advance owing to a Lender (other than CDF) shall be considered a LIBOR Advance for interest rate calculation purposes under this Section.
Administrative Agent Deficiency Amount at any time is a Dollar amount equal to (a) the cumulative amount of interest distributed by Administrative Agent to the Lenders (other than DFS) with respect to the Aggregate Floorplan Loan from the date of the Statement of Transaction relating to such Event of Default through the date of calculation, minus (b) the cumulative amount of interest collected from Borrower by Administrative Agent with respect to the Aggregate Floorplan Loan during the same period (other than interest collected which is attributable to DFS' Floorplan Loan). Each Floorplan Loan Advance or any part of a Floorplan Loan Advance owing to a Lender (other than DFS) shall be considered a LIBOR Advance for interest rate calculation purposes under this Section, unless the LIBOR Rate is not available as provided in this Agreement, then it shall be a Base Rate Advance for interest rate calculation purposes.