Excess Principal Amounts definition

Excess Principal Amounts means, with respect to Series 2017-A, for any Payment Date, (i) during the Revolving Period, the Series 2017-A Investor Available Principal Amounts for the Collection Period related to such Payment Date, and (ii) during the Accumulation Period or the Early Amortization Period, the excess, if any, of (a) the Series 2017-A Investor Available Principal Amounts for the Collection Period related to such Payment Date over (b) the full amount required to be paid or deposited, without duplication, pursuant to clause (i) of Section 4.04(d) or clause (i) of Section 4.04(e) on such Payment Date.

Excess Principal Amounts means, with respect to Series 2012-B, for any Payment Date, (i) during the Revolving Period, the Series 2012-B Investor Available Principal Amounts for such Payment Date, and (ii) during the Accumulation Period or the Early Amortization Period, the excess, if any, of (a) the Series 2012-B Investor Available Principal Amounts for such Payment Date over (b) the full amount required to be paid or deposited, without duplication, pursuant to clause (i) of Section 4.04(d) or clause (i) of Section 4.04(e) on such Payment Date.

Excess Principal Amounts means, with respect to Series 2019-B, for any Payment Date, (i) during the Revolving Period, the Series 2019-B Investor Available Principal Amounts for the Collection Period related to such Payment Date remaining after application of Series 2019-B Investor Available Principal Amounts pursuant to clause (i) of Section 4.04(c), and (ii) during the Accumulation Period or the Early Amortization Period, the excess, if any, of (a) the Series 2019-B Investor Available Principal Amounts for the Collection Period related to such Payment Date over (b) the full amount required to be paid or deposited, without duplication, pursuant to clause (i) of Section 4.04(d) or clause (i) of Section 4.04(e) on such Payment Date.

Examples of Excess Principal Amounts in a sentence

• Any Shared Excess Principal Amounts allocable to the Card Series will be treated as Card Series Principal Amounts pursuant to Section 3.28(a).

• Upon the payment in full of the Series 2012-B Notes under the Indenture and this Indenture Supplement, any funds remaining in the Reserve Account will be treated as Shared Excess Principal Amounts available from Series 2012-B and applied to cover Principal Shortfalls for other outstanding Series in Excess Principal Sharing Group One in accordance with Section 8.05(b) of the Indenture.

• Upon the payment in full of the Series 2015-A Notes under the Indenture and this Indenture Supplement, any funds remaining in the Reserve Account will be treated as Shared Excess Principal Amounts available from Series 2015-A and applied to cover Principal Shortfalls for other outstanding Series in Excess Principal Sharing Group One in accordance with Section 8.05(b) of the Indenture.

• Upon the payment in full of the Series 2016-A Notes under the Indenture and this Indenture Supplement, any funds remaining in the Reserve Account will be treated as Shared Excess Principal Amounts available from Series 2016-A and applied to cover Principal Shortfalls for other outstanding Series in Excess Principal Sharing Group One in accordance with Section 8.05(b) of the Indenture.

• Upon the payment in full of the Series 2019-B Notes under the Indenture and this Indenture Supplement, any funds remaining in the Reserve Account will be treated as Shared Excess Principal Amounts available from Series 2019-B and applied to cover Principal Shortfalls for other outstanding Series in Excess Principal Sharing Group One in accordance with Section 8.05(b) of the Indenture.

More Definitions of Excess Principal Amounts

Excess Principal Amounts means, with respect to Series 20[ ]-[ ], for any Payment Date, (i) during the Revolving Period, the Series 20[ ]-[ ] Investor Available Principal Amounts for such Payment Date, and (ii) during the Accumulation Period or the Early Amortization Period, the excess, if any, of (a) the Series 20[ ]-[ ] Investor Available Principal Amounts for such Payment Date over (b) the full amount required to be paid or deposited, without duplication, pursuant to clause (i) of Section 4.04(d) or clause (i) of Section 4.04(e) on such Payment Date.

Excess Principal Amounts means the amount (if any) by which Principal Receipts credited to the Retained Principal Ledger as at the last Business Day of the previous Monthly Period exceeds the relevant Required Retained Amount. The relevant "Required Retained Amount" will be determined as follows:

Excess Principal Amounts means, with respect to any Series and any Collection Period, the amount, if any, of Series Investor Available Principal Amounts for such Series remaining after all other required payments or applications thereof have been made (or allocated to be made) on the related Payment Date as stated in the Indenture Supplement for that Series.

Excess Principal Amounts means, with respect to Series [___], for any Payment Date, (a) during the Revolving Period, the Series [___] Investor Available Principal Amounts for such Payment Date, and (b) during the Accumulation Period or the Early Amortization Period, the excess, if any, of (i) the Series [___] Investor Available Principal Amounts for such Payment Date over (ii) the full amount required to be paid or deposited, without duplication, pursuant to Section 4.04(d)(i) or Section 4.04(e)(i) on such Payment Date.

Excess Principal Amounts means, with respect to Series 20__-_, for any Distribution Date, (a) during the Revolving Period, the Series 20__-_ Available Principal Amounts for the Collection Period related to such Distribution Date after making any required deposit to the Excess Funding Account, and (b) during the Accumulation Period or an Early Amortization Period, the excess, if any, of (i) the Series 20__-_ Available Principal Amounts for the Collection Period related to such Distribution Date over (ii) the full amount required to be paid or deposited, without duplication, pursuant to clause (i) of Section 4.03(d) or clause (i) of Section 4.03(e) on such Distribution Date.

Excess Principal Amounts means, with respect to Series 2003-A, for any Payment Date, (i) during the Revolving Period, the Series 2003-A Investor Available Principal

Excess Principal Amounts with respect to any Series and any Collection Period, means the amount, if any, by which Series Investor Available Principal Amounts for such Series and Collection Period exceed the required payments therefrom as set forth in the related Indenture Supplement.