Collateral Default Amount definition

Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for such Distribution Date and the Collateral Floating Percentage.

Collateral Default Amount means, with respect to any Transfer Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Collateral Floating Allocation applicable for the related Monthly Period.

Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for the related Monthly Period and the Collateral Floating Percentage.

Examples of Collateral Default Amount in a sentence

• On or before each Transfer Date, the Servicer shall calculate the Collateral Default Amount.

• If on any Transfer Date, the Collateral 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(g), the Collateral Interest will be reduced by the amount of such excess but not by more than the lesser of the Collateral Default Amount and the Collateral Interest for such Transfer Date (a "Collateral Charge-Off").

• On each Determination Date, the Servicer shall calculate the Collateral Default Amount.

• Collateral Default Amount treated as Available Principal Collections$170,988.6711.

• Collateral Default Amount treated as Available Principal Collections$174,416.3711.

More Definitions of Collateral Default Amount

Collateral Default Amount means, with respect to each Distribution Date, an amount equal to the product of (i) the Investor Default Amount for the related Monthly Period and (ii) the Collateral Floating Percentage for such Monthly Period.

Collateral Default Amount means, with respect to any Transfer ------------------------- Date, an amount equal to the product of (a) the Aggregate Investor Default Amount for the related Monthly Period and (b) the Collateral Floating Allocation applicable for the related Monthly Period.

Collateral Default Amount means, (i) with respect to the period from ------------------------- and including the Closing Date through and including April 30, 1998, an amount equal to the Collateral Default Amount (calculated pursuant to clause (ii) of this definition) for the full April 1998 Monthly Period, multiplied by [___/30], and (ii) for each Monthly Period thereafter, an amount equal to the product of (a) the Investor Default Amount for such Monthly Period and (b) the Collateral Floating Allocation for such Monthly Period.

Collateral Default Amount means, as to any Transfer Date, an amount equal to the product of (a) the Investor Default Amount for the related Monthly Period and (b) the Collateral Floating Allocation applicable for the related Monthly Period.

Collateral Default Amount means, with respect to any Transfer Date, an amount equal to the product of (a) the Aggregate

Collateral Default Amount means, with respect to any Distribution Date, the product of the Investor Default Amount for the related Monthly Period and the Collateral Invested Percentage.]

Collateral Default Amount means, with respect to any