Class D Floor means, with respect to any Payment Date, (i) [ ]% of the Contract Pool Principal Balance as of the Initial Cutoff Date, plus (ii) the Principal Differential, if any, for such Payment Date, minus (iii) the amount on deposit in the Cash Collateral Account (after giving effect to withdrawals to be made on such Payment Date); provided, however, that in no event will the Class D Floor be greater than the Class D Principal Balance immediately prior to such Payment Date nor less than zero. Furthermore, if the Class C Principal Balance immediately prior to any Payment Date is less than or equal to the Class C Floor for such Payment Date, the Class D Floor with respect to such Payment Date will equal the Class D Principal Balance immediately prior to such Payment Date.
Class D Floor means, with respect to any Payment Date, (i) 4.275% of the Initial Contract Pool Principal Balance, plus (ii) the Unfunded Loss Amount, if any, for such Payment Date, minus (iii) the amount on deposit in the Cash Collateral Account (after giving effect to withdrawals and releases to be made on such Payment Date); provided, however, that in no event will the Class D Floor be greater than the Class D Principal Balance immediately prior to such Payment Date nor less than zero. Furthermore, if the Principal Amount of the Class C Notes immediately prior to any Payment Date is less than or equal to the Class C Floor for such Payment Date, the Class D Floor with respect to such Payment Date will equal the Principal Amount of the Class D Notes immediately prior to such Payment Date.
Class D Floor with respect to each Payment Date, an amount equal to the total of (a) ___% of the initial Discounted Present Value of the Leases as of the Cut-Off Date, plus (b) the Cumulative Loss Amount with respect to such Payment Date, minus (c) the sum of the Outstanding Principal Amount of the Class E Notes, and the Overcollateralization Balance as of the immediately preceding Payment Date after giving effect to all principal payments made on that day minus (d) the amount on deposit in the Reserve Account after giving effect to withdrawals to be made on such Payment Date; provided, however, that if the Outstanding Class C Principal Amount is less than or equal to the Class C Floor on such Payment Date, the Class D Floor will equal the Outstanding Class D Principal Amount utilized in the calculation of the Class C Floor for such Payment Date.
More Definitions of Class D Floor
Class D Floor means, with respect to a Payment Date,
Class D Floor means, with respect to any Payment Date, an amount equal to (i) 1.6875% of the Initial Contract Pool Principal Balance, plus (ii) the Unfunded Loss Amount, if any, for such Payment Date, minus (iii) the amount on deposit in the Reserve Account (after giving effect to withdrawals and releases to be made on such Payment Date); provided, however, that in no event will the Class D Floor be greater than the Principal Amount of the Class D Notes immediately prior to such Payment Date or less than zero; provided, further, that if the Principal Amount of the Class C Notes immediately prior to any Payment Date is less than or equal to the Class C Floor for such Payment Date, the Class D Floor with respect to such Payment Date will equal the Principal Amount of the Class D Notes immediately prior to such Payment Date.
Class D Floor. With respect to each Payment Date, (i) ____% of the Original Aggregate Contract Principal Balance, plus (ii) the Cumulative Loss Amount with respect to such Payment Date, minus (iii) the sum, as of such Payment Date, of the Outstanding Residual Interest Principal Balance and the Available Reserve Amount after giving effect to withdrawals, if any, from the Reserve Account to be made on such Payment Date.
Class D Floor means, with respect to a Distribution Date, (i) [ ]% of the initial ADCB plus (ii) the Cumulative Loss Amount as of such date minus (iii) the Overcollateralization Balance as of the immediately preceding Distribution Date; provided, however, that if the Principal Amount of the Class C Notes as of such Distribution Date is less than or equal to the Class C Floor on such date, the Class D Floor will be an amount equal to the Principal Amount of the Class D Notes as of the immediately preceding Distribution Date after giving effect to all principal payments made on such date.
Class D Floor with respect to each Payment Date means (a) 1.6% of the Initial Pool Principal Balance, plus (b) the Cumulative Loss Amount with respect to such Payment Date minus (c) the amount on deposit in the Reserve Account after giving effect to withdrawals to be made on such Payment Date; provided that if the Outstanding Principal Amount of the Class C Notes is equal to the Class C Floor on such Payment Date, the Class D Floor will equal the Outstanding Principal Amount of the Class D Notes of the Class D Notes on such Payment Date.
Class D Floor means, with respect to each Payment Date, (i) ___% of the Initial Aggregate Contract Principal Balance, plus (ii) the Cumulative Loss Amount as of such Payment Date, minus (iii) the amount on deposit in the Reserve Account after giving effect to payments and withdrawals on such Payment Date.
Class D Floor means, with respect to a Distribution Date,