Collateral Fixed Allocation definition

Collateral Fixed Allocation means with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the Investor Interest as of the close of business on the last day of the Revolving Period.
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Collateral Fixed Allocation means with respect to
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Collateral Fixed Allocation means with respect to any
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Examples of Collateral Fixed Allocation in a sentence

  • The Collateral Fixed Allocation with respect to the related Monthly Period....

  • N/A (o) The Collateral Fixed Allocation with respect to the related Monthly Period .


More Definitions of Collateral Fixed Allocation

Collateral Fixed Allocation means, with respect to any monthly period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction:
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Collateral Fixed Allocation means, for any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator of which is the Collateral Interest as of the close of business on the last day of the Revolving Period and the denominator of which is equal to the numerator used in determining the related Fixed Investor Percentage; provided that if Series 1997-1 is paired with a Paired Series and a Pay Out Event occurs with respect to such Paired Series during the Controlled Accumulation Period, Transferor may, by written notice delivered to Trustee and Servicer, designate a different numerator (provided that such numerator is not less than the Collateral Interest (less, if the Class B Fixed Allocation is zero, the balance on deposit in the Principal Account, to the extent not subtracted in reducing the Class B Fixed Allocation to zero) as of the last day of the revolving period for such Paired Series).
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Collateral Fixed Allocation means with respect to any Monthly Period following the Revolving Period, the
Sample 1
Collateral Fixed Allocation means with respect to any Monthly Period following the Revolving Period, the percentage equivalent (which percentage shall never exceed 100%) of a fraction, the numerator
Sample 1

Related to Collateral Fixed Allocation

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Reallocated Principal Collections means, for any Transfer Date, Investor Principal Collections applied in accordance with Section 4.6 in an amount not to exceed the Monthly Principal Reallocation Amount for the related Monthly Period.