Class B Initial Investor Interest definition

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $37,500,000.

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $56,250,000.

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is

Examples of Class B Initial Investor Interest in a sentence

• The amount to be distributed on each Distribution Date to the holder of this Class B Certificate will be equal to the product of (a) the percentage equivalent of a fraction, the numerator of which is the portion of the Class B Initial Investor Interest evidenced by this Class B Certificate and the denominator of which is the Class B Initial Investor Interest and (b) the aggregate of all payments to be made to the Class B Certificateholders on such Distribution Date.

• The amount to be distributed on each Distribution Date to the holder of this Class B Certificate will be equal to the product of (a) the percentage equivalent of a fraction, the numerator of which is the portion of the Class B Initial Investor Interest evidenced by this Class B Certificate and the denominator of which is the Class B Initial Investor Interest and (b) the aggregate of all payments to be made to SRFG on such Distribution Date.

• The Class B Invested Amount on any Distribution Date will be an amount equal to the Class B Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to the Class B Certificateholders prior to such Distribution Date and (b) the Investor Loss for such Class, if any, at the beginning of such Distribution Date.

• The amount to be distributed on each Distribution Date to the holder of this Class B Certificate will be equal to the product of (a) the percentage equivalent of a fraction, the numerator of which is the portion of the Class B Initial Investor Interest evidenced by this Class B Certificate and the denominator of which is the Class B Initial Investor Interest and (b) the aggregate of all payments to be made to the Class B Certificateholder on such Distribution Date.

• The Class B Invested Amount on any Distribution Date will be an amount equal to the Class B Initial Investor Interest minus the sum of (a) the aggregate amount of payments of Certificate Principal paid to SRFG prior to such Distribution Date and (b) the Investor Loss for such Class, if any, at the beginning of such Distribution Date.

More Definitions of Class B Initial Investor Interest

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $75,000,000.

Class B Initial Investor Interest means the

Class B Initial Investor Interest means, on any date of --------------------------------- determination, the aggregate initial principal amount of the Class B Certificates on the Closing Date, which is [$ ], less the portion of --------- such amount represented by Class B Certificates tendered and canceled pursuant to any Series 1997-2 Investor Exchange occurring prior to such date of determination.

Class B Initial Investor Interest means the aggregate initial principal amount of beneficial entitlement to the Receivables Trust of the Series 03-1 Investor Beneficiary and for the purposes of calculation treated as referable to Class B pursuant to Clause 3(a)(ii) of the Series 03-1 Supplement which is the sterling equivalent of U.S.$[{circle}] as determined using the fixed exchange rate specified in the Class B Dollar Swap Agreement;

Class B Initial Investor Interest means the aggregate initial principal amount of beneficial entitlement to the Receivables Trust of the Series 03-2 Investor Beneficiary and for the purposes of calculation treated as referable to Class B pursuant to Clause 3(a)(ii) of the Series 03-2 Supplement which is the sterling equivalent of U.S.$50,000,000 as determined using the fixed exchange rate specified in the Class B Dollar Swap Agreement;

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Certificates, which is $20,000,000.

Class B Initial Investor Interest means the aggregate initial principal amount of the Class B Notes, which is $[___].