CLASS A DISTRIBUTION LEDGER definition

CLASS A DISTRIBUTION LEDGER shall have the meaning specified in Clause 5.21(a)(i);
CLASS A DISTRIBUTION LEDGER and shall credit amounts payable to such ledgers pursuant to Clause 5.10(a)(ii) and Clause 5.10(a)(iii) and Clause 5.11(b)(ii) and debit such amounts payable from such ledger pursuant to Clause 5.11(c)(ii) and Clause 5.12(a)(i) and generally operate such ledgers in accordance with the provisions of the Trust and Cash Management Agreement.
CLASS A DISTRIBUTION LEDGER and shall credit amounts payable to such ledger pursuant to Clause 5.10(a)(ii) and Clause 5.10(a)(iii) and Clause 5.11(b)(ii) and debit such amounts payable from such ledger pursuant to Clause 5.11(c)(ii) and Clause 5.12(a)(i) and generally operate such ledger in accordance with the provisions of the Trust and Cash Management Agreement.

More Definitions of CLASS A DISTRIBUTION LEDGER

CLASS A DISTRIBUTION LEDGER means the ledger so named with respect to the Series 2006-2 Issuer Distribution Account;
CLASS A DISTRIBUTION LEDGER and shall credit amounts payable to such ledger pursuant to Clause 5.10(a)(ii) and Clause 5.10(a)(iii) and Clause 5.11(b)(ii) and debit such amounts payable from such ledger pursuant to Clause 5.11(c)(ii) and Clause
CLASS A DISTRIBUTION LEDGER means the ledger so named with respect to the Series 2005-A Issuer Distribution Account;
CLASS A DISTRIBUTION LEDGER. ’ means the distribution ledger maintained by the Receivables Trustee (or the Cash Manager) on behalf of the Loan Note Issuer in relation to amounts calculated for distribution by reference to the Class A Interest.

Related to CLASS A DISTRIBUTION LEDGER

  • Certificate Distribution Account has the meaning assigned to such term in the Trust Agreement.

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.