Class A Shortfall Amount definition

Class A Shortfall Amount means, as of any Distribution Date, an amount, if positive, equal to (x) Class A Optimal Interest for the related Monthly Interest Period less, if the Originators are not the Servicer, the Class A Servicing Fee for the related Monthly Period minus (y) Class A Available Funds for the related Monthly Period.
Sample 1
Class A Shortfall Amount. ’ means, in respect of a Distribution Date,
Sample 1
Class A Shortfall Amount means, as of any Distribution Date, an amount, if positive, equal to (x) Class A Optimal Interest for the related Monthly Interest Period minus (y) the excess of (i) Class A Available Funds for the related Monthly Period over (ii) if the Originators are not the Servicer, the Class A Servicing Fee for the related Monthly Period plus the Class A Unpaid Trustee Fee, if any, for the related Transfer Date.
Sample 1

Examples of Class A Shortfall Amount in a sentence

  • Svcg Fee (if AFCO) $ 150,000.00 (ab) Collateral Interest Default Amount $ 37,636.82 (ac) Unreimbursed Collateral Interest Charge-Offs - (ad) Reserve Account Funding Date month 24 (ae) Reserve Fund Cap 0.50% (af) Required Reserve Account Amount $ - (ag) Reserve Account Balance $ - (ah) Payable under the Loan Agreement $ - (ai) Class A Shortfall Amount $ - (aj) Class B Shortfall Amount $ - AFCO CREDIT CORPORATION, as Servicer By /s/ C.

  • Svcg Fee (if AFCO) $ 12,375.00 (ab) Collateral Interest Default Amount $ 4,440.08 (ac) Unreimbursed Collateral Interest Charge-Offs - (ad) Reserve Account Funding Date month 24 (ae) Reserve Fund Cap 0.50% (af) Required Reserve Account Amount $ - (ag) Reserve Account Balance $ - (ah) Payable under the Loan Agreement $ - (ai) Class A Shortfall Amount $ - (aj) Class B Shortfall Amount $ - AFCO CREDIT CORPORATION, as Servicer By /s/ C.


More Definitions of Class A Shortfall Amount

Class A Shortfall Amount. With respect to a Distribution Date, the excess, ------------------------ if any, of (a) the Formula Class A Distribution Amount over (b) the Available Distribution Amount.
Sample 1
Class A Shortfall Amount means the excess, if any, of the Affected Class Termination Payment payable to the Swap Counterparty in respect of the Affected Class Terminated Transaction relating to the Class A Notes over the Affected Class Collateral Proceeds relating to the Class A Notes.
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Related to Class A Shortfall Amount

  • Available Funds Shortfall Amount means, as of any Payment Date, the amount, if any, by which the aggregate amount required to be paid pursuant to clauses first through twelfth of Section 4.4(a) of the Sale and Servicing Agreement exceeds the Available Funds for such Payment Date.

  • Class A Interest Shortfall shall have the meaning specified in subsection 4.02(a).

  • Class B Interest Shortfall shall have the meaning specified in subsection 4.02(b).

  • Note Interest Shortfall means, for a Class and a Payment Date, an amount equal to the excess, if any, of the Accrued Note Interest for the prior Payment Date for the Class over the amount of interest that was paid to the Noteholders of that Class on the prior Payment Date, together with interest on the excess amount, to the extent lawful, at the Note Interest Rate for the Class for that Interest Period.

  • Class A Deficiency Amount is defined in Section 4.1(a).