CLASS B ADDITIONAL FINANCE AMOUNT definition

CLASS B ADDITIONAL FINANCE AMOUNT shall have the meaning specified in Clause 5.07(b)(iv);
Sample 1Sample 2Sample 3
CLASS B ADDITIONAL FINANCE AMOUNT shall have the meaning specified in Clause 5.07(c)(iv);
Sample 1Sample 2
CLASS B ADDITIONAL FINANCE AMOUNT. ’ means, in respect of a Distribution Date, an amount equal to the product of (a) a fraction, the numerator of which is the number of days in the Calculation Period with respect to that Distribution Date and the denominator of which is 365, (b) the Class B Rate, and (c) the unpaid Class B Shortfall Amount (if any) on the immediately preceding Payment Date.
Sample 1

More Definitions of CLASS B ADDITIONAL FINANCE AMOUNT

CLASS B ADDITIONAL FINANCE AMOUNT shall, in respect of a Transfer Date, mean any amounts of unpaid default interest payable in respect of the Class B Tranche of the Series 2019-1 Investor Interest Note under condition 6.3 (Payment of Interest) of the Series 2019-1 Investor Interest Note; "Class B Adjusted Investor Interest" represents an amount used by the Trustee for calculational purposes and shall mean, with respect to any date of determination, an amount equal to the Class B Investor Interest minus that portion of the Series 2019-1 Principal Funding Ledger Balance which is referable to the Class B Investor Interest (in an amount not to exceed the Series 2019-1 Investor Interest) on such date of determination;
Sample 1
CLASS B ADDITIONAL FINANCE AMOUNT has the meaning given to it in the Series [o] Supplement;
Sample 1
CLASS B ADDITIONAL FINANCE AMOUNT shall have the meaning specified in Clause 5.07(b)(iii);
Sample 1

Related to CLASS B ADDITIONAL FINANCE AMOUNT

  • Class C Invested Amount means, as of a date, an amount (not less than zero) equal to (a) the initial Note Balance of the Class C Notes, minus (b) the aggregate amount of any principal payments made to the Noteholders of the Class C Notes before that date, minus (c) the cumulative amount of unreimbursed Investor Charge-Offs applied to reduce the Class C Invested Amount under Section 4.3 of the Indenture Supplement before that date, minus (d) the cumulative amount of unreimbursed Reallocated Principal Collections applied to reduce the Class C Invested Amount under Section 4.4 of the Indenture Supplement before that date.

  • Class B Invested Amount means, on any date of determination, an amount equal to (a) the Class B Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Distribution Dates, minus (d) the amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to subsection 4.08(a) (excluding any Reallocated Principal Collections that have resulted in a reduction in the Collateral Invested Amount pursuant to Section 4.08), minus (e) an amount equal to the amount by which the Class B Invested Amount has been reduced on all prior Distribution Dates pursuant to subsection 4.06(a) and plus (f) the amount of Excess Spread and Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.07(e) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Invested Amount may not be reduced below zero.