Class D Investor Interest definition

Class D Investor Interest means, an amount equal to (a) the Class D Initial Investor Interest, minus (b) the aggregate amount of principal payments made to the Class D Certificateholder prior to such date, minus (c) the aggregate amount of Class D Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(d), minus (d) the amount of Reallocated Principal Collections allocated pursuant to subsections 4.12(a), (b) and (c) on all prior Transfer Dates, minus (e) an amount equal to the amount by which the Class D Investor Interest has been reduced on all prior Transfer Dates pursuant to subsections 4.10(a), (b) and (c), and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(m) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class D Investor Interest may not be reduced below zero.
Class D Investor Interest means, on any date of determination, the sum of the Class D-1 Investor Interest plus the Class D-2 Investor Interest.
Class D Investor Interest means, on any date of determination, an amount equal to (a) the Class D Required Investor Interest as of the Amendment Closing Date, plus (b) the amount of any increase in the Class D Required Investor Interest following the Amendment Closing Date, minus (c) the aggregate amount of principal payments made to the Class D Certificateholder on or prior to such date, minus (d) the aggregate amount of Class D Investor Charge‑Offs recognized on or prior to such date pursuant to subsection 4.10(a), minus (e) the aggregate amount of Reallocated Class D Principal Collections allocated on or prior to such date for which the Class D Investor Interest has been reduced pursuant to subsection 4.10(b), plus (f) the aggregate amount of Available Funds allocated and available on or prior to such date pursuant to subsection 4.06(a)(iii) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (d) and (e); provided, however, that the Class D Investor Interest may not be reduced below zero.

Examples of Class D Investor Interest in a sentence

  • Excess Available Funds are Available Funds that remain after the payment of interest and other required payments for the notes.The nominal liquidation amount of a note corresponds to the portion of the investor interest of the collateral certificate that is allocated to support that note.The aggregate nominal liquidation amount of all of the notes plus the Class D Investor Interest is equal to the Investor Interest of Series 2001-D.

  • Anything that increases or decreases the aggregate nominal liquidation amount of the notes or the Class D Investor Interest will also increase or decrease the Investor Interest of Series 2001-D.

  • During the Regulated Amortisation Period the amount of Principal Collections allocated to the Investor Interest for the relevant series less any Required Retained Investor Allocation, up to the Controlled Deposit Amount, will be paid each month to the MTN Issuing Entity first for the Class A Investor Interest, second for the Class B Investor Interest, third for the Class C Investor Interest and fourth for the Class D Investor Interest until the Series Termination Date.

  • During the Rapid Amortisation Period, Principal Collections allocable to the Investor Allocation of Principal CollectionsInterest of the relevant series will be paid each month to the MTN Issuing Entity first for the Class A Investor Interest, second for the Class B Investor Interest, third for the Class C Investor Interest and fourth for the Class D Investor Interest until the Series Termination Date.


More Definitions of Class D Investor Interest

Class D Investor Interest means, on any date of determination, an amount equal to (a) the Class D Initial Investor Interest, minus (b) the aggregate amount of principal payments made to the holders of the Class D Certificates prior to such date, minus (c) the aggregate amount of Class D Investor Charge-Offs for all prior Distribution Dates pursuant to subsection 4.10(d), minus (d) the aggregate amount of Reallocated Class D Principal Collections allocated pursuant to subsections 4.12(a), (b) and (c) on all prior Distribution Dates, minus (e) an amount equal to the amount by which the Class D Investor Interest has been reduced on all prior Distribution Dates pursuant to subsections 4.10(a), (b) and (c), and plus (f) the aggregate amount of Excess Spread and Shared Excess Finance Charge Collections allocated and available on all prior Distribution Dates pursuant to subsection 4.11(o) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided further, however, that the Class D Investor Interest may not be reduced below zero.
Class D Investor Interest means an amount equal to (a) the Class D Initial Investor Interest minus (b) the aggregate amount of principal payments in respect of an amortization period of the Class D Notes made to the Class D Noteholders prior to such date, minus (c) the aggregate amount of Class D Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 5.16(d), minus (d) the amount of Reallocated Principal Collections allocated pursuant to Section 5.18 on all prior Transfer Dates for which the Class D Investor Interest was reduced, minus (e) an amount equal to the amount by which the Class D Investor Interest has been reduced on all prior Transfer Dates pursuant to Section 5.16, plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 5.17(k) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e).
Class D Investor Interest means, an amount equal to (a) the Class D Initial Investor Interest, minus
Class D Investor Interest means, on any date of determination, an amount equal to (a) the Class D Required Investor Interest as of the Amendment Closing Date, plus
Class D Investor Interest means, with respect to any date of determination, an amount equal to:
Class D Investor Interest represents, in respect of the Class D Tranche of the Series 2019-1 Investor Interest Note, the amount that will be used by the Trustee for the purpose of calculating the funds that will be made available to the Trustee to make the Series 2019-1 Payments in respect of the Class D Tranche and shall mean, on any date of determination, an amount equal to:
Class D Investor Interest shall have the meaning given to it in the Series [*] Supplement;