Class D Interest means, for any Tranche of Class D Notes for any Distribution Date, unless otherwise specified in the applicable Terms Document, the amount of interest accrued on the Outstanding Dollar Principal Amount of such Tranche, calculated at the Note Interest Rate and in accordance with the calculation basis specified in the Terms Document for such Tranche, for the Monthly Interest Accrual Period ending on such Distribution Date (or, if applicable, ending after such Distribution Date but prior to the next Distribution Date.)
Class D Interest. Each of the Class D-1 and Class D-2 Interests.
Class D Interest means the Class of Investor Certificates ---------------- designated as "Providian Master Trust, * less than ** greater than or equal to Class D Interest, Series 2000-3" pursuant to Section 1.01(a).
Examples of Class D Interest in a sentence
The Issuer shall pay interest on overdue installments of interest at the Class D Interest Rate to the extent lawful.
The Class D Overcollateralization Test and the Class D Interest Coverage Test.
Together, the Class D Overcollateralization Test and the Class D Interest Coverage Test.
The Class D Overcollateralization Ratio Test and the Class D Interest Coverage Test.
On the Determination Date preceding each Distribution Date, the Servicer shall determine the excess, if any (the "Class D Interest Shortfall"), of (x) the Class D Monthly Interest for such Distribution Date over (y) the aggregate amount of funds allocated and available to pay such Class D Monthly Interest on such Distribution Date.
More Definitions of Class D Interest
Class D Interest means all of the interests, rights and obligations of CPP/LP (and its permitted successors and assigns) as a limited Partner in the Company, including (a) an initial 24.5% Percentage Interest (or such other Percentage Interest as may be owned by CPP/LP following the consummation of the transactions described in Section 2.10); (b) all of the other rights attributable to the Class D Interest under this Agreement; and (c) all of the obligations attributable to the Class D Interest under this Agreement.
Class D Interest means, with respect to the Class D(2009-1) Notes, 0%.
Class D Interest. On each Business Day during a Monthly Period, the Trustee, acting in accordance with the instructions from the Servicer, shall deposit in the Interest Funding Account for distribution to the Class D Securityholders on the next Distribution Date, an amount equal to the lesser of (x) any Available Series 1998-3 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (xvi) and (y) the sum of (1) the amount of interest which has accrued with respect to the Class D Securities on the Class D Outstanding Principal Amount at the applicable Class D Interest Rate but which has not been deposited into the Interest Funding Account on any prior Business Day or paid to the Class D Securityholders and (2) any additional interest (to the extent permitted by applicable law) at the Class D Interest Rate on interest that was payable during a prior Monthly Period pursuant to this subsection but was not deposited in the Interest Funding Account or paid to the Class D Securityholders.
Class D Interest. On each Business Day during a Monthly Period, the Trustee, acting in accordance with the instructions from the Servicer, shall deposit in the Interest Funding Account for distribution to the Class D Securityholders on the next Distribution Date, to the extent of any Available Series 1998-1 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (xii) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1998-1 Finance Charge Collections and (y) the sum of (1) the amount of interest which has accrued with respect to the Class D Securities on the Class D Outstanding Principal Amount at the applicable Class D Interest Rate but which has not been deposited into the Interest Funding Account on any prior Business Day or paid to the Class D Securityholders and (2) any additional interest (to the extent permitted by applicable law) at the Class D Interest Rate on interest that was payable during a prior Monthly Period pursuant to this subsection but was not deposited in the Interest Funding Account or paid to the Class D Securityholders. Revolving Receivables Reserve Account. On each Business Day, the Trustee, acting in accordance with instructions from the Servicer, shall deposit in the Revolving Receivables Reserve Account, to the extent of any Available Series 1998-1 Finance Charge Collections remaining after giving effect to the applications pursuant to subsections 4.9(a)(i) through (xiii) of the Agreement an amount equal to the lesser of (x) any such remaining Available Series 1998-1 Finance Charge Collections and (y) an amount equal to the excess, if any, of the Specified Revolving Receivables Reserve Amount on such date over the amount then on deposit in the Revolving Receivables Reserve Account.
Class D Interest means an Interest that has the respective rights, benefits and obligations specified with respect to a Class D Member in this Agreement.
Class D Interest means, for any Tranche of Class D Notes for any Monthly Interest Accrual Period, the amount of interest accrued on the Outstanding Dollar Principal Amount of such Tranche, calculated at the rate and in accordance with the calculation basis specified in the Terms Document for such Tranche, for the period from and including the first day of such Monthly Interest Accrual Period to and including the last day of such Monthly Interest Accrual Period.
Class D Interest has the meaning ascribed to the Class D LP Interest in the Company LP Agreement.