Delinquency Amount definition

Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

Delinquency Amount. As to any Distribution Date, the aggregate Principal Balance of the Mortgage Loans that are any of the following: (a) 60 or more days delinquent, (b) in bankruptcy or foreclosure or (c) REO, in each case, as of the last day of the preceding month.

Delinquency Amount. As of any Payment Date, the product of the Delinquency Percentage for such Payment Date and the Aggregate Principal Balance of the Mortgage Loans as of the Determination Date relating to such Payment Date.

Examples of Delinquency Amount in a sentence

• If Administrative Agent receives more than one Election Notice within the Election Period, then the Electing Lenders sending such notices shall be deemed to have committed to fund ratable shares of the Delinquency Amount based upon the amounts of their respective Individual Loan Commitments.

• Without in any way limiting the foregoing, promptly upon receipt of a Seller Delinquency Notice, Guarantor shall pay the Seller Delinquency Amount specified therein.

• Weighted Avg.) 60+ Days Delinquency Amount Delinquency Ratio (3 mo.

• Without in any way limiting the foregoing, promptly upon receipt of a Seller Delinquency Notice (but in any event no later than one (1) Business Day following delivery of such Seller Delinquency Notice), the Guarantors shall pay the Seller Delinquency Amount specified therein.

• Upon such assumption and the payment by the Replacement Lender to Administrative Agent of a fee, for Administrative Agent's own account, in the amount of $3,500, the Replacement Lender shall become a "Lender" for all purposes hereunder, with an Individual Loan Commitment in an amount equal to the Delinquency Amount, and the Delinquent Lender's Individual Loan Commitment shall automatically be reduced by the Delinquency Amount.

More Definitions of Delinquency Amount

Delinquency Amount. Delinquency Notice" and "Delinquent Lender" have the respective meanings specified in Section 10.18.

Delinquency Amount means, as of the end of a Due Period, the product of (i) the Rolling Three Month Delinquency Rate and (ii) the Pool Principal Balance as of the first day of the applicable three month period.

Delinquency Amount. As of any Payment Date, the product of the Rolling Delinquency Percentage for such Payment Date and the Mortgage Loans as of the average Aggregate Principal Balance of the Mortgage Loans as of the immediately preceding three Determination Dates.

Delinquency Amount means any penalties or interest which may be due on or with respect to any installment of the Special Assessments and which are not paid or taxable to any party other than the Investor under law.

Delinquency Amount. As of any Distribution Date, the product of the ------------------ Rolling Three Month Delinquency Percentage and the aggregate Principal Balances of the Mortgage Loans as of the close of business on the last day of the related Due Period immediately preceding such Distribution Date.

Delinquency Amount. The product of the Rolling Delinquency Percentage and the aggregate Principal Balances of the Mortgage Loans as of the close of business on the last day of the related Due Period.

Delinquency Amount means, with respect to any Securitization Transaction, as of any Determination Date, the sum of the Automobile Principal Balance and Unearned Interest with respect to all Automobile Contracts with respect to which any Automobile Contract Debtor has failed to make more than 90% of a Scheduled Payment of more than ten dollars for 30 days or more as of the close of business on the last day of the related Collection Period or that became a Purchased Contract as of the close of business on the last day of the related Collection Period and with respect to which as of such date an Automobile Contract Debtor has failed to make more than 90% of a Scheduled Payment of more than ten dollars for 30 days or more.