Class A Required Enhancement Amount definition
Class A Required Enhancement Amount means, on any date, an amount equal to the product of (a) the Class A Required Enhancement Percentage and (b) the Class A Adjusted Invested Amount on such date; provided, however, that, after the declaration or occurrence of an Amortization Event with respect to the Series 2014-1 Notes, the Class A Required Enhancement Amount shall equal the Class A Required Enhancement Amount on the date of the declaration or occurrence of such Amortization Event.
Class A Required Enhancement Amount means, as of any date of determination, the sum of (i) the product of (x) the Class A Required Enhancement Percentage as of such date and (y) the Class A Adjusted Principal Amount as of such date and (ii) the Class A Required Incremental Enhancement Amount as of such date; provided, however, that, as of any date of determination after the occurrence of a Series 2009-2 Limited Liquidation Event of Default, the Class A Required Enhancement Amount shall equal the lesser of (x) the Class A Adjusted Principal Amount as of such date and (y) the sum of (l) the product of the Class A Required Enhancement Percentage as of such date of determination and the Class A Adjusted Principal Amount as of the date of the occurrence of such Series 2009-2 Limited Liquidation Event of Default and (2) the Class A Required Incremental Enhancement Amount as of such date of determination.
Class A Required Enhancement Amount means, as of any date of determination, the sum of (i) the product of the Class A Required Enhancement Percentage as of such date and the Class A Adjusted Principal Amount as of such date and (ii) the Class A Required Enhancement Incremental Amount as of such date; provided, however, that, as of any date of determination after the occurrence of a Series 2005-2 Limited Liquidation Event of Default, the Class A Required Enhancement Amount shall equal the lesser of (x) the Class A Adjusted Principal Amount as of such date and (y) the sum of (1) the product of the Class A Required Enhancement Percentage as of such date of determination and the Class A Adjusted Principal Amount as of the date of the occurrence of such Series 2005-2 Limited Liquidation Event of Default and (2) the Class A Required Enhancement Incremental Amount as of such date of determination.
More Definitions of Class A Required Enhancement Amount
Class A Required Enhancement Amount means, on any date, an amount equal to the product of (a) the Class A Required Enhancement Percentage and (b) the Class A
Class A Required Enhancement Amount shall be deleted in its entirety and replaced with the following:
Class A Required Enhancement Amount means, as of any date of determination, the sum of (i) the product of (x) the Class A Required Enhancement Percentage as of such date and (y) the Class A Adjusted Principal Amount as of such date, (ii) the product of (A) the sum of the Net Book Value of each Eligible Vehicle that is subleased by Hertz to Simply Wheelz LLC (d/b/a Advantage Rent a Car) pursuant to the Advantage Sublease as of such date, (B) the Series 2009-2 Percentage as of such date, and (C) 0.10, and (iii) the Class A Required Incremental Enhancement Amount as of such date; provided, however, that, as of any date of determination after the occurrence of a Series 2009-2 Limited Liquidation Event of Default, the Class A Required Enhancement Amount shall equal the lesser of (x) the Class A Adjusted Principal Amount as of such date and (y) the sum of (1) the product of the Class A Required EXECUTION COPY Enhancement Percentage as of such date of determination and the Class A Adjusted Principal Amount as of the date of the occurrence of such Series 2009-2 Limited Liquidation Event of Default, (2) the product of (A) the sum of the Net Book Value of each Eligible Vehicle that is subleased by Hertz to Simply Wheelz LLC (d/b/a Advantage Rent a Car) pursuant to the Advantage Sublease as of such date of determination, (B) the Series 2009-2 Percentage as of such date, and (C) 0.10, and (3) the Class A Required Incremental Enhancement Amount as of such date.
Class A Required Enhancement Amount means, on any date, an amount equal to the product of (a) the Class A Required Enhancement Percentage and (b) the Class A Adjusted Invested Amount on such date; provided, however, that, after the declaration or occurrence of an Amortization Event with respect to the Series 2019-1 Notes, the Class A Required Enhancement Amount shall equal the Class A Required Enhancement Amount on the date of the declaration or occurrence of such Amortization Event.