Asset Amount Deficiency means, as of any date of determination, the amount, if any, by which the Required Asset Amount exceeds the Aggregate Asset Amount, as of such date of determination.
Asset Amount Deficiency means, with respect to the Series 2010-3 Notes as of any date of determination, the amount, if any, by which the Required Asset Amount exceeds the Aggregate Asset Amount on such date.
Asset Amount Deficiency has the meaning given to it in the applicable Series Supplement.
Examples of Asset Amount Deficiency in a sentence
If required to ensure that (i) the Adjusted Liquid Enhancement Amount will equal or exceed the Required Liquid Enhancement Amount, and (ii) no Aggregate Asset Amount Deficiency will exist, the Issuer Administrator shall, within two (2) Business Days of becoming aware of such requirement, deliver to the Letter of Credit Provider a notice substantially in the form of Exhibit C-1 hereto, requesting an increase in the stated amount of any Letter of Credit effective on the date set forth in such notice.
More Definitions of Asset Amount Deficiency
Asset Amount Deficiency shall have the meaning set forth in the Indenture.
Asset Amount Deficiency shall, with respect to any applicable Financing Source, have the meaning, if any, specified in the Financing Documents of such Financing Source.
Asset Amount Deficiency. (other than in connection with the issuance of a Segregated Series of Notes), "Eligible Manufacturer" or "Eligible Repurchase Program" (other than in connection with a waiver of such eligibility requirement by the Noteholders of any Series of Notes, but only to the extent so provided in the related Supplement in respect of such Series of Notes), "Invested Amount", "Invested Percentage", or the applicable amount of Enhancement or any defined term used for the purpose of any such definitions shall require the consent of each affected Noteholder; and
Asset Amount Deficiency with respect to the Series 2000-1 Notes shall mean a Series 2000-1 Asset Amount Deficiency and with respect to any other Group II Series of Notes, shall have the meaning specified in the related Series Supplement.
Asset Amount Deficiency with respect to the Series 2001-4 Note shall mean a Series 2001-4 Asset Amount Deficiency and with respect to any other Group IV Series of Notes, shall have the meaning specified in the related Series Supplement.
Asset Amount Deficiency with respect to the Series 2001-3 Notes will occur if, at any time, the Group V Required Asset Amount exceeds the Group V Aggregate Asset Amount.
Asset Amount Deficiency shall occur if and to the extent the Series 2000-1 Allocated Adjusted Aggregate Receivable Balance is less than the Series 2000-1 Required Asset Amount as of such date.