Class C Initial Invested Amount definition

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Notes, which is $40,000,000.

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Notes, which is $52,650,000.

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Certificates, which is $98,000,000.

Examples of Class C Initial Invested Amount in a sentence

• The Series 2015-1 Notes shall be subject to repurchase by ABRCF at its option in accordance with Section 6.3 of the Base Indenture on any Distribution Date (any such Distribution Date, a “ Clean-up Repurchase Distribution Date”) after the Series 2015-1 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class A Initial Invested Amount, the Class B Initial Invested Amount and the Class C Initial Invested Amount (the “ Series 2015-1 Repurchase Amount”).

• The Series 2014-1 Notes shall be subject to repurchase by ABRCF at its option in accordance with Section 6.3 of the Base Indenture on any Distribution Date after the Series 2014-1 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class A Initial Invested Amount, the Class B Initial Invested Amount and the Class C Initial Invested Amount (the “Series 2014-1 Repurchase Amount”).

• The Series 2015-1 Notes shall be subject to repurchase by ABRCF at its option in accordance with Section 6.3 of the Base Indenture on any Distribution Date (any such Distribution Date, a “ Clean-up Repurchase Distribution Date”) after the Series 2015-1 Invested Amount is reduced to an amount less than or equal to 10% of the sum of the Class A Initial Invested Amount, the Class B Initial Invested Amount and the Class C Initial Invested Amount (the “Series 2015-1 Repurchase Amount”).

More Definitions of Class C Initial Invested Amount

Class C Initial Invested Amount means, for any date, the initial principal amount of the Class C Certificates, which is set forth in Schedule 2, plus (x) the product of (i) the Class C Percentage multiplied by (ii) the amount of any withdrawals from the Excess Funding Account in connection with an increase in Pool Balance since the Closing Date, minus (y) the product of (i) the Class C Percentage multiplied by (ii) the amount of any additions to the Excess Funding Account in connection with a reduction in the Pool Balance since the Closing Date.

Class C Initial Invested Amount means $40,780,142. -------------------------------

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Notes, which is $52,535,000.

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Notes, which is $97,800,000.

Class C Initial Invested Amount means, as of any date of determination, the sum of (i) the aggregate initial principal amount of the Class C Notes, which is $29,210,000 and (ii) the aggregate initial principal amount of any Class C Additional Series 2021-1 Notes issued prior to such date, if any.

Class C Initial Invested Amount means $12,409,090.91.

Class C Initial Invested Amount means the aggregate initial principal amount of the Class C Notes, which is $20,000,000.