Class B Maximum Invested Amount definition
Class B Maximum Invested Amount means, on any date of determination, the sum of the Class B Maximum Purchaser Group Invested Amounts with respect to each of the Purchaser Groups on such date. The Class B Maximum Invested Amount shall be reduced by the Class B Maximum Purchaser Group Invested Amount of each Non-Extending Purchaser Group on the Class B Scheduled Expiry Date with respect to such Purchaser Group to the extent such Non-Extending Purchaser Group does not assign all of its rights and obligations under this Supplement and the Series 2010-6 Notes to a replacement Purchaser Group as provided in Section 2.6(d).
Class B Maximum Invested Amount has the meaning set forth in Schedule I attached hereto.
Class B Maximum Invested Amount means, on any date of determination, the sum of the Class B Maximum Purchaser Group Invested Amounts with respect to each of the Purchaser Groups on such date. The Class B Maximum Invested Amount shall be reduced by the Class B Maximum Purchaser Group Invested Amount of each Non-Extending Purchaser Group on the Class B Scheduled Expiry Date with respect to such Purchaser Group.
Examples of Class B Maximum Invested Amount in a sentence
The aggregate outstanding principal amount of the Class B Notes may be increased (subject to the Class B Maximum Invested Amount) through the funding of Class B Advances.
The Class B Notes (i) can be funded by Class B Advances on any Class B Funding Date in a minimum amount of $250,000 and any higher amount (subject to the Class B Maximum Invested Amount), and (ii) subject to subsequent Class B Advances pursuant to this Section 2.11(a), are subject to prepayment in whole or in part, at the option of the Issuer as provided in Article X herein.
More Definitions of Class B Maximum Invested Amount
Class B Maximum Invested Amount means, as of any date, $25,000,000, less the outstanding principal amount of any Bear Secured Obligations on such date.
Class B Maximum Invested Amount means $9,090,909 or such lesser amount as is specified in writing by the Transferor from time to time upon 30 days prior written notice to the Trustee and the Senior Securityholders.
Class B Maximum Invested Amount means, as of any date, $25,000,000, less the outstanding amount of any UBS Secured Obligations on such date.