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

• In the event that such reduction would cause the Class D Investor Interest to be a negative number, the Class D Investor Interest will be reduced to zero, and the Collateral Interest Amount (after giving effect to reductions for any Collateral Charge-Offs and any Reallocated Collateral Principal Collections on such Transfer Date) will be reduced by the amount by which the Class D Investor Interest would have been reduced below zero.

• The Class D Investor Interest will thereafter be reimbursed on any Transfer Date by the amount of Excess Spread allocated and available for that purpose as described under subsection 4.11(m).

• If on any Transfer Date, the Class D Investor Default Amount for the prior Monthly Period exceeds the amount of Excess Spread which is allocated and available to fund such amount pursuant to subsection 4.11(l), the Class D Investor Interest will be reduced by the amount of such excess but not by more than the lesser of the Class D Investor Default Amount and the Class D Investor Interest for such Transfer Date (a "Class D Investor Charge-Off").

• In the event that such reduction would cause the Class D Investor Interest to be a negative number, the Class D Investor Interest will be reduced to zero and the Collateral Interest Amount will be reduced by the amount by which the Class D Investor Interest would have been reduced below zero, but not by more than the Collateral Default Amount for such Transfer Date (a "Collateral Charge-Off").

• In the event that such reduction would cause the Class D Investor Interest (after giving effect to any Class D Investor Charge-Offs for such Transfer Date) to be a negative number, the Class D Investor Interest (after giving effect to any Class D Investor Charge-Offs for such Transfer Date) shall be reduced to zero and the Collateral Interest Amount shall be reduced by the amount by which the Class D Investor Interest would have been reduced below zero.

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) the amount of any reduction to the Class D Investor Interest as a result of the purchase by the Seller and subsequent cancellation of the Class D Certificates pursuant to Section 4.16, 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) and (d); provided further, however, that the Class D Investor Interest may not be reduced below zero.

Class D Investor Interest means an amount equal to the required Class D Investor Interest as of March 2, 2009 (determined as described in "The Notes—Required Subordinated Amount—The Class D Certificate"), plus the amount of any increase in the required Class D Investor Interest following March 2, 2009, minus the aggregate amount of principal payments made to the Class D Certificateholder on or prior to such date, minus the aggregate amount of Class D Investor Charge-Offs, minus the aggregate amount of collections of principal receivables allocable to the Class D certificate that are reallocated to pay interest on the notes or the portion of the master trust II servicing fee allocated to the BAseries notes, plus the amount of collections of finance charge receivables allocable to the Class D certificate that are applied as Available Principal Amounts as described in "Master Trust II—The Class D Certificate" in this prospectus.

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 shall have the meaning given to it in the Series [*] Supplement;

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 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).