Allocated Receivables Amount definition

Allocated Receivables Amount shall have, with respect to any Outstanding Series, the meaning specified in the related Supplement for such Outstanding Series.
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Allocated Receivables Amount means, with respect to any Outstanding Series, the meaning assigned to such term in the related Supplement for such Series.
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Allocated Receivables Amount means, on any date of determination with respect to Series 1997-1, the lower of (i) the Target Receivables Amount on such day and (ii) the Aggregate Receivables Amount on such day times the percentage equivalent of a fraction the numerator of which is the Adjusted Invested Amount on such day and the denominator of which is the Aggregate Adjusted Invested Amounts on such day. Notwithstanding the foregoing, in the event that with respect to any Settlement Period the Company has elected to exclude the Receivables owing by any one Obligor (including Affiliates of such Obligor) for purposes of calculating any of the Default Ratio, Delinquency Ratio or Loss-to-Liquidation Ratio with respect to such Settlement Period, all Receivables owing by such Obligor (including Affiliates of such Obligor) shall for the next succeeding Settlement Period be excluded from the Aggregate Receivables Amount.
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Examples of Allocated Receivables Amount in a sentence

  • The Subordinated Certificate Amount on any date of determination shall be an amount equal to the Allocated Receivables Amount on such date minus the Adjusted Invested Amount on such date.

  • Upon the occurrence of a Series 2004-2 Pay-Out Event described in Section 6.1(b), the Indenture Trustee shall notify the Agent on behalf of the Series 2004-2 Noteholders of such event and shall review each Daily Report delivered thereafter to determine whether the deficiency in the Series 2004-2 Allocated Receivables Amount is reported to be cured within five (5) Business Days after the five (5) Business Day period specified in Section 6.1(b).

  • The Series 2004-1 Allocated Receivables Amount shall be less than the Series 2004-1 Target Receivables Amount for any period of five (5) consecutive Business Days.

  • Section 9.1 is modified (as applicable solely to Series 1999-1) by the addition of the following provisions at the end thereof: The following shall constitute an additional Event of Termination for Series 1999-1: The Series 1999-1 Allocated Receivables Amount shall be less than the Series 1999-1 Target Receivables Amount for any period of five (5) consecutive Business Days.

  • The Purchasers, the Agent, the Liquidity Banks or the Agent may, at any time, assign any of its rights and obligations hereunder or interests herein to an Eligible Assignee and any such assignee may further assign at any time its rights and obligations hereunder or interests herein (including any rights it may have in and to the Series 2000-1 Allocated Receivables Amount and any rights it may have to exercise remedies hereunder), in each case without the consent of the Company or the Master Servicer.

  • Upon the occurrence of a Series 2004-1 Pay Out Event described in Section 6.1(b), the Indenture Trustee shall notify the Noteholders of such event and shall review each Daily Report delivered thereafter to determine whether the deficiency in the Series 2004-1 Allocated Receivables Amount is reported to be cured within five (5) Business Days after the five (5) Business Day period specified in Section 6.1(b).

  • The Series 2004-2 Allocated Receivables Amount shall be less than the Series 2004-2 Target Receivables Amount for any period of five (5) consecutive Business Days.

  • On each Business Day, Servicer shall calculate the Series 2004-1 Allocation Percentage, the Series 2004-1 Allocated Receivables Amount and the Series 2004-1 Target Receivables Amount.

  • On each Business Day, the Servicer shall calculate the Series 2004-2 Allocation Percentage, the Series 2004-2 Allocated Receivables Amount and the Series 2004-2 Target Receivables Amount.

  • Attached as Exhibit B is a certificate of a Responsible Officer of the Master Servicer attaching a Daily Report as of the Business Day immediately preceding the Release Date and a pro forma Daily Report as of the Release Date and giving effect to the withdrawal of the Exiting Originator and certifying that the Aggregate Target Receivables Amount will be equal to or less than the Aggregate Allocated Receivables Amount after giving effect to such withdrawal.


More Definitions of Allocated Receivables Amount

Allocated Receivables Amount means, with respect to any Outstanding Series, the meaning assigned to such term in the related Supplement for such Series. "AMENDED AND RESTATED RECEIVABLES SALE AGREEMENT" shall have the meaning specified in the recitals hereto.
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Allocated Receivables Amount means, on any date of ------------------------------ determination with respect to any Series, the Series Allocation Percentage then in effect times the Net Eligible Receivables Balance.
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Allocated Receivables Amount means, with respect to any Outstanding Series, the amount specified in the related Supplement.
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Allocated Receivables Amount means the Series 2004-1 Allocated Receivables Amount.
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Related to Allocated Receivables Amount

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Liquidated Receivable means any Receivable liquidated by the Servicer through the sale or other disposition of the related Financed Equipment or that the Servicer has, after using all reasonable efforts to realize upon the Financed Equipment, determined to charge off without realizing upon the Financed Equipment.

  • Diluted Receivable means that portion, and only that portion, of any Receivable which is either (a) reduced or canceled as a result of a Dilution Factor or (b) subject to any specific dispute, offset, counterclaim or defense whatsoever.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Defaulted Receivables means any Receivable (a) on which any installment is unpaid more than sixty (60) days past its original due date or (b) where the Servicer’s records show that the Obligor has suffered an Insolvency Event.

  • Excluded Receivable means all indebtedness and other obligations owed to Originator or in which Originator has a security interest or other interest (including, without limitation, any indebtedness, obligation or interest constituting an account, chattel paper, instrument or general intangible) arising in connection with the sale of merchandise or the rendering of services by Originator and further includes, without limitation, the obligation to pay any Finance Charges with respect thereto:

  • Receivables Pool means, at any time of determination, all of the then outstanding Receivables transferred (or purported to be transferred) to the Borrower pursuant to the Purchase and Sale Agreement prior to the Termination Date.

  • Permitted Receivables Related Assets means any other assets that are customarily transferred or in respect of which security interests are customarily granted in connection with asset securitization transactions involving receivables similar to Receivables and any collections or proceeds of any of the foregoing.

  • Allocated Realized Loss Amount With respect to any Distribution Date and any Class of Mezzanine Certificates, the sum of (i) any Realized Losses allocated to such Class of Certificates on such Distribution Date and (ii) the amount of any Allocated Realized Loss Amount for such Class of Certificates remaining unpaid from the previous Distribution Date.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Permitted Receivables Transaction means each of (a) the sale or other transfer, or transfer of interest, by the Company or a Subsidiary of Receivables Assets to a Subsidiary (including, without limitation, Finsub) or the Company in exchange for consideration equal to the fair market value of the related Receivables, (b) the entry by the Company or one or more Subsidiaries into one or more Receivables Purchase Agreements, and (c) the entry by the Company and any such Subsidiaries into such ancillary agreements, guarantees, documents or instruments as are necessary or advisable in connection with Receivables Program Documents.

  • Defaulted Receivable means a Receivable:

  • Receivables Net Investment means the aggregate cash amount paid by the lenders or purchasers under any Permitted Receivables Financing in connection with their purchase of, or the making of loans secured by, Receivables Assets or interests therein, as the same may be reduced from time to time by collections with respect to such Receivables Assets or otherwise in accordance with the terms of the Permitted Receivables Documents (but excluding any such collections used to make payments of items included in clause (c) of the definition of Interest Expense); provided, however, that if all or any part of such Receivables Net Investment shall have been reduced by application of any distribution and thereafter such distribution is rescinded or must otherwise be returned for any reason, such Receivables Net Investment shall be increased by the amount of such distribution, all as though such distribution had not been made.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Precomputed Receivable means any Receivable under which the portion of a payment allocable to earned interest (which may be referred to in the related contract as an add-on finance charge) and the portion allocable to the Amount Financed is determined according to the sum of periodic balances, the sum of monthly balances, the rule of 78's or any equivalent method.

  • Receivables Repurchase Obligation means any obligation of a seller of receivables in a Qualified Receivables Financing to repurchase receivables arising as a result of a breach of a representation, warranty or covenant or otherwise, including as a result of a receivable or portion thereof becoming subject to any asserted defense, dispute, off-set or counterclaim of any kind as a result of any action taken by, any failure to take action by or any other event relating to the seller.

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Receivables Advance Rate shall have the meaning set forth in Section 2.1(a)(y)(i) hereof.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Receivables Assets means accounts receivable (including any bills of exchange) and related assets and property from time to time originated, acquired or otherwise owned by the Borrower or any Subsidiary.

  • Sold Receivable means a Receivable that was more than 60 days delinquent and was sold to an unaffiliated third party by the Issuer, at the Servicer’s direction, as of the close of business on the last day of a Collection Period and in accordance with the provisions of Section 4.3(c) hereof.

  • Collateral Invested Amount means, when used with respect to any date, an amount equal to (a) the Collateral Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Collateral Interest Holder prior to such date, minus (c) the aggregate amount of Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.06(c), minus (d) the aggregate amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to Section 4.08 allocable to the Collateral Invested Amount, minus (e) an amount equal to the amount by which the Collateral Invested Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.06(a) and (b), and plus (f) the amount allocated and available on all prior Distribution Dates pursuant to subsection 4.07(i), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Collateral Invested Amount may not be reduced below zero.

  • Yield Supplement Amount means, with respect to any Collection Period and the related Deposit Date, the aggregate amount by which one month’s interest on the Principal Balance as of the first day of such Collection Period of each Discount Receivable (other than a Discount Receivable that is a Defaulted Receivable) at a rate equal to the Required Rate, exceeds one month’s interest on such Principal Balance at the APR of each such Receivable.