Class A Unused Subordinated Amount of Class C notes means for any tranche of outstanding Class A notes, with respect to any Transfer Date, an amount equal to the Class A required subordinated amount of Class C notes minus the Class A Usage of Class C Required Subordinated Amount, each as of such Transfer Date.
Class A Unused Subordinated Amount of Class C notes means, with respect to any Tranche of Outstanding Class A Notes on any date, an amount equal to the Class A Required Subordinated Amount of Class C Notes minus the Class A Usage of Class C Required Subordinated Amount as of such date.
Examples of Class A Unused Subordinated Amount of Class C notes in a sentence
However, the amount of such reduction for each such tranche of Class A notes will not exceed the Class A Unused Subordinated Amount of Class C notes for such tranche of Class A notes.