Controlled Payment Amount definition

Controlled Payment Amount means, with respect to any Transfer Date, the sum of (a) the Controlled Amortization Amount for such Transfer Date and (b) any existing Controlled Amortization Shortfall.

Controlled Payment Amount means, with respect to any Transfer Date during the Controlled Amortization Period, the sum of (a) the Controlled Amortization Amount for such Transfer Date and (b) any Controlled Amortization Shortfall from the immediately preceding Transfer Date, provided that (a) Transferor may designate any amount greater than the foregoing as the Controlled Payment Amount upon five Business Days’ notice to the Investor Holders prior to the related Transfer Date and (b) in no event will the Controlled Payment Amount exceed the Invested Amount.

Controlled Payment Amount means, with respect to any Distribution Date, the sum of (a) the Controlled Amortization Amount for such Distribution Date and (b) any existing Controlled Amortization Shortfall; provided that (a) Seller may designate any amount greater than the foregoing as the Controlled Payment Amount upon five Business Days' notice to the Series 2004-VFC Certificateholders prior to the related Distribution Date and (b) in no event will the Controlled Payment Amount exceed the Class A Investor Interest.

Examples of Controlled Payment Amount in a sentence

• So long as the 2004-RN1 Controlled Payment Amount is paid to the extent of Available Trust Principal so allocated to the 2004-RN1 Revolving Note for such Monthly Distribution Date and related Collection Period, there shall be no Event of Default under Section 5.1(b) of the Indenture.

• So long as the 2004-RN2 Controlled Payment Amount is paid to the extent of Available Trust Principal so allocated to the 2004-RN2 Revolving Note for such Monthly Distribution Date and related Collection Period, there shall be no Event of Default under Section 5.1(b) of the Indenture.

• The CNPPID charter territory includes facilities in six counties extending east from Lake McConaughy in Keith County to irrigation deliveries near Minden, Nebraska in Kearney County.

• So long as the 2005-RN1 Controlled Payment Amount is paid to the extent of Available Trust Principal so allocated to the 2005-RN1 Revolving Note for such Monthly Distribution Date and related Collection Period, there shall be no Event of Default under Section 5.1(b) of the Indenture.

• So long as the 2007-RN1 Controlled Payment Amount is paid to the extent of Available Trust Principal so allocated to the 2007-RN1 Revolving Note for such Monthly Distribution Date and related Collection Period, there shall be no Event of Default under Section 5.1(b) of the Indenture.

More Definitions of Controlled Payment Amount

Controlled Payment Amount for any Due Period, shall mean, the sum of (a) the Controlled Amortization Amount and (b) any existing Controlled Amortization Shortfall.

Controlled Payment Amount means, for any Due Period, the sum of (a) the Controlled Amortization Amount and (b) the sum of any existing Controlled Amortization Shortfall for any previous Due Periods in the Controlled Amortization Period.