Examples of Class A Targeted Overcollateralisation Amount in a sentence
Class A Targeted Note Balance means (a) except in the case of (b) below, an amount equal to the excess of the Aggregate Discounted Receivables Balance as at the end of the Monthly Period over the Class A Targeted Overcollateralisation Amount, or (b) zero, if the Aggregate Discounted Receivables Balance as at the end of the Monthly Period is less than 10 per cent of the Aggregate Cut-Off Date Discounted Receivables Balance or if a Servicer Replacement Event occurs.
For these purposes, it is stated that: • The "Class A Targeted Note Balance" means: (a) except in the case of (b), the excess of the Aggregate Discounted Receivables Balance at the end of the Monthly Period over the Class A Targeted Overcollateralisation Amount; and (b) zero, if the Aggregate Discounted Receivables Balance as at the end of the Monthly Period is less than 10% of the Aggregate Cut-Off Date Discounted Receivables Balance or if a Service Provider Replacement Event occurs.
For these purposes, it is stated that: The "Class A Targeted Note Balance" means (a) except in the case of (b); the excess of the Aggregate Discounted Receivables Balance as of the end of the Monthly Period over the Class A Targeted Overcollateralisation Amount and (b) zero, if the Aggregate Discounted Receivables Balance as of the end of the Monthly Period is less than 10% of the Aggregate Cut-Off Date Discounted Receivables Balance or if a Servicer Replacement Event occurs.
Targeted Class A Note Balance means (a) except in the case of (b) below, an amount equal to the excess of the Aggregate Discounted Principal Balance as at the end of the preceding Monthly Period over the Class A Targeted Overcollateralisation Amount, or (b) zero, if the Aggregate Discounted Principal Balance as at the end of the preceding Monthly Period is less than 10 per cent.
See Bench Trial Tr., Docket No. 1682 at 106.was also the vice chairman of the board of Epistar.