CLASS C DEBT AMOUNT definition

CLASS C DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class C Initial Investor Interest MINUS the aggregate amount of principal payments made to the Series 04-1 Investor Beneficiary Interest for the purposes of calculation treated as referable to Class C PROVIDED, HOWEVER, that upon the Series 04-1 Termination Date, the Class C Debt Amount shall be an amount equal to zero;
CLASS C DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class C Initial Investor Interest MINUS the aggregate amount of principal payments made to the Series 02-1 Beneficiary Interest for the purposes of calculation treated as referable to Class C PROVIDED, HOWEVER, that upon the Series 02-1 Termination Date, the Class C Debt Amount shall be an amount equal to zero;
CLASS C DEBT AMOUNT means, with respect to any date of determination, an amount equal to the Class C Initial Investor Interest minus the aggregate amount of principal payments and amounts to be treated as principal payments made to the Loan Note Issuer which are treated by the Loan Note Issuer for calculation purposes as principal payments notionally referable to the Class C Investor Interest from Trust Property Provided, however, that upon the Series 2007-1 Termination Date the Class C Debt Amount shall be an amount equal to zero;

More Definitions of CLASS C DEBT AMOUNT

CLASS C DEBT AMOUNT means, with respect to any date of determination, an amount equal to A$37,270,000 minus the aggregate amount of principal payments made under the Class C Tranche of the Series 2019-1 Investor Interest Note;
CLASS C DEBT AMOUNT. ’ means the Class C Initial Investor Interest minus the total principal payments made to the MTN Issuer referable to the Class C Investor Interest from the property of the receivables trust. On the series 05-1 termination date, the Class C Debt Amount will be zero.