Excess Collateral Amount definition

Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.
Excess Collateral Amount means, for any date of determination, the excess of (a) the sum of (i) the Collateral Amount as of such date of determination and (ii) the Principal Accumulation Account Balance as of such date of determination, over (b) the Note Principal Balance as of such date of determination.
Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

Examples of Excess Collateral Amount in a sentence

  • Beginning of Interest Period Increase in Excess Collateral Amount in connection with the Supplemental Indenture 821,917,809.00 0.00 iii.

  • Beginning of Interest Period Increase in Excess Collateral Amount in connection with the Supplemental Indenture 719,178,083.00 0.00 iii.

  • Beginning of Interest Period Increase in Excess Collateral Amount in connection with the Supplemental Indenture 836,236,934.00 0.00 iii.

  • Beginning of Interest Period Increase in Excess Collateral Amount in connection with the Supplemental Indenture 1,103,448,276.00 0.00 iii.

  • The amount of Reallocated Excess Collateral Amount and Class B Principal Collections applied in respect of Interest Shortfalls, Investor Default Amounts or Investor Charge-Offs for the prior month.


More Definitions of Excess Collateral Amount

Excess Collateral Amount means, when used with respect to any ------------------------ date of determination, an amount equal to (a) the Excess Collateral Initial Amount, minus (b) the aggregate amount of principal payments made to Excess ----- Collateral Holders prior to such day, minus (c) the aggregate amount of Excess ----- Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.12(c) of the Agreement, minus (d) the amount of the Reallocated Principal ----- Collections allocated on all prior Distribution Dates pursuant to Section 4.14 of the Agreement (but in the aggregate not in excess of the Excess Collateral Initial Amount), minus (e) an amount equal to the amount by which the Excess ----- Collateral Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.12(a) and (b) of the Agreement and plus (f) the amount of Excess ---- Finance Charge Collections allocated and available on all prior Transfer Dates pursuant to subsection 4.13(i) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, -------- however, that the Excess Collateral Amount may not be reduced below zero. -------
Excess Collateral Amount shall have the meaning set forth in Section 4.2 hereof.
Excess Collateral Amount means, when used with respect to any Business Day, the greater of (x) zero and (y) an amount equal to (a) the Excess Collateral Initial Amount minus (b) the aggregate amount of principal payments made to the Excess Collateral Holder through and including such Business Day, minus (c) the aggregate amount of Excess Collateral Charge-Offs for all prior Distribution Dates, minus (d) the aggregate amount of Redirected Principal Collections for all prior Distribution Dates, plus (e) the sum of the aggregate amount reimbursed with respect to reductions of the Excess Collateral Amount through and including such Business Day pursuant to subsection 4.9(ix) of the Agreement plus, with respect to such subsection, pursuant to subsections 4.10(a) and (b), 4.14(a), 4.17(b) and 4.18(b), (c) and (d) of the Agreement, for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c) and (d).
Excess Collateral Amount means, for any date of determination, the excess of (a) the Collateral Amount as of such date of determination, over (b) the Class A Note Principal Balance as of such date of determination.
Excess Collateral Amount means the amount, if any, that the value of the interest of the holders of Senior Secured Claims (or that of their predecessors-in-interest) in Collateral exceeds the aggregate amount of the Senior Secured Claims, in both cases as measured on the Petition Date.
Excess Collateral Amount shall have the meaning provided in Section 7.12(d).
Excess Collateral Amount has the meaning given to that expression in Clause 6.5. Expert has the meaning given to that expression in paragraph 3 of Schedule 3. Future Agreement shall have the meaning set forth in Clause 12.7.