Aggregate Investor Interest definition

Aggregate Investor Interest means, as of any date of determination, the sum of the Investor Interests of all Series of Certificates issued and outstanding on such date of determination.

Aggregate Investor Interest for each Payment Date and each Class of Notes means the Note Interest for that Class of Notes for the Payment Date and the related Unpaid Investor Interest Shortfall (other than any related Basis Risk Carryforward) for the Payment Date.

Aggregate Investor Interest for any Payment Date means the Note Interest for the Payment Date and the Unpaid Investor Interest Shortfall (other than any Basis Risk Carryforward) for the Payment Date plus, to the extent legally permissible, interest at the related Note Rate.

Examples of Aggregate Investor Interest in a sentence

• The Transferor Interest on any date of determination will be an amount equal to the aggregate amount of Principal Receivables at the end of the day immediately prior to such date of determination minus the Aggregate Investor Interest at the end of such day.

• The Seller Interest on any date of determination will be an amount equal to the aggregate amount of Principal Receivables at the end of the day immediately prior to such day of determination minus the Aggregate Investor Interest with respect to such Receivables at the end of such day.

• The Seller Interest on any date of determination will be an amount equal to the aggregate amount of Principal Receivables at the end of the day immediately prior to such date of determination minus the Aggregate Investor Interest at the end of such day.

• In addition, the sellers may elect to terminate the trust on the day after the distribution date on which the trust has deposited funds into the appropriate investor accounts sufficient to pay in full the Aggregate Investor Interest plus all accrued and unpaid interest on all series then outstanding.

• Notwithstanding anything to the contrary contained herein or in the Master Framework Agreement, (except as provided in paragraph 7 of Schedule 5(B) of the Master Framework Agreement) , the benefit of this Agreement may not be assigned by the Servicer or any Co-Servicer without the prior consent of Investor Beneficiaries representing in aggregate 66 2/3% of the Aggregate Investor Interest of each Applicable Series.

More Definitions of Aggregate Investor Interest

Aggregate Investor Interest means, with respect to any Payment Date and each Class of Notes, the related Note Interest for the Payment Date and the related Unpaid Investor Interest Shortfall (other than any related Basis Risk Carryforward) for the Payment Date.

Aggregate Investor Interest means the sum of the series investor interests for all outstanding series.

Aggregate Investor Interest for any Payment Date means the Investor Interest for the Payment Date and the Unpaid Investor Interest Shortfall (other than any Basis Risk Carryforward) for the Payment Date plus, to the extent legally permissible, interest at the related Note Rate.

Aggregate Investor Interest has the meaning set forth in the DCMT Pooling and Servicing Agreement (or other applicable Pooling and Servicing Agreement).

Aggregate Investor Interest means, as of any date of determination, an Investor Beneficiary's aggregate entitlement under the Receivables Trust on such date of determination;

Aggregate Investor Interest means at any time the sum of the Investor Interests with respect to all series of investor certificates then issued and outstanding.

Aggregate Investor Interest for any Payment Date means the amount to be distributed to Noteholders pursuant to Section 5.01(a)(I)(iii) of the Sale and Servicing Agreement pursuant to the terms of the Class A Notes, the Sale and Servicing agreement and the Indenture.