Initial Investor Amount definition
Examples of Initial Investor Amount in a sentence
Upon the order of the Transferor, the Certificates of any Series shall be duly authenticated by or on behalf of the Trustee, in authorized denominations equal to (in the aggregate) the Initial Investor Amount of such Series of Investor Certificates.
Without unnecessary delay, but prior to the Euro-Certificate Exchange Date, the Transferor will execute and deliver to the Trustee at its office or to the Trustee's designated agent outside the United States definitive Bearer Certificates in an aggregate principal amount equal to the Initial Investor Amount.
On any day occurring on or after the date on which the Investor Amount is reduced to 5% or less of the Initial Investor Amount, the Sellers shall have the option to purchase the interest of the holders of Investor Certificates (including the Collateral Interest), at a purchase price equal to (i) if such day is a Distribution Date, the Reassignment Amount for such Distribution Date or (ii) if such day is not a Distribution Date, the Reassignment Amount for the Distribution Date following such day.
If specified in the related Supplement for any Series, the Investor Certificates shall be issued upon initial issuance as a single certificate in an original principal amount equal to the Initial Investor Amount as described in Section 6.10.
The Investor Certificates shall be issuable in a minimum denomination of $1,000 Undivided Interest and integral multiples thereof, unless otherwise provided in any Supplement, and the Investor Certificates of each Series shall be issued upon initial issuance in an aggregate original principal amount equal to the Initial Investor Amount of such Series.