Issuer Available Principal Receipts definition

Issuer Available Principal Receipts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Available Principal Receipts, the Second Issuer Available Principal Receipts, and the Third Issuer Available Principal Receipts respectively, and in relation to any New Issuer, the Current Issuer Available Principal Receipts as defined in the Issuer Master Definitions Schedule relating to that New Issuer;
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Issuer Available Principal Receipts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Available Principal Receipts, the Second Issuer Available Principal
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Issuer Available Principal Receipts means receipts by the Issuer under the Series Pre-Enforcement Principal Priority of Payments or following the service of a Series Enforcement Notice, receipts by the Issuer of amounts in respect of principal under the Series Post-Enforcement Priority of Payments.
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Examples of Issuer Available Principal Receipts in a sentence

  • Available Receipts of the Issuer:The Issuer will have Issuer Available Revenue Receipts and Issuer Available Principal Receipts for the purposes of making interest and principal payments under the Notes and meeting the Issuer's other payment obligations pursuant to the other Transaction Documents.

  • As described in the section entitled “Credit Structure - Use of Principal Receipts and the subordinated loan to pay Issuer income deficiency”, on each Payment Date, the Issuer Cash Manager may apply Issuer Available Principal Receipts to meet any Revenue Shortfall and will make debit entries in the relevant Principal Deficiency Sub-Ledger(s).

  • Prior to the delivery of a Note Acceleration Notice, the allocation of Issuer Available Principal Receipts, if any, towards the redemption of the US$ Notes is determined by reference to the Sterling Equivalent Principal Amount Outstanding of the US$ Notes (as per Condition 5(B) (Mandatory Redemption of the Notes in Part)).

  • An allocation based on the Sterling Equivalent Principal Amount Outstanding of the US$ Notes means that the proportion of Issuer Available Principal Receipts allocated to the US$ Notes is not affected by the termination of the Original Currency Swap Agreement or the terms of any replacement Currency Swap Agreement entered into with respect to the US$ Notes.

  • Issuer Available Principal Receipts will be applied (i) to redeem the Class A1 Notes until the Class A1 Notes have been redeemed in full; (ii) to redeem the Class A2 Notes until the Class A2 Notes have been redeemed in full; (iii) to redeem the Class M Notes until the Class M Notes have been redeemed in full; and (iv) to redeem the Class Z Notes.

  • Available Receipts of the Issuer: The Issuer will have Issuer Available RevenueReceipts and Issuer Available Principal Receipts for the purposes of making interest and principal payments under the Notes and meeting the Issuer's other payment obligations pursuant to the other Transaction Documents.

  • If an Insolvency Event were to occur in relation to Virgin Money, it is possible that such amounts could not be withdrawn and transferredto the Issuer resulting in a reduction in Issuer Available Principal Receipts and Issuer Available Revenue Receipts available for distribution on the relevant Payment Date.

  • Under the “mandate” rule, this court’s affirmance in Talasila, Inc.

  • The Current Issuer Cash Manager will cause each determination of Current Issuer Available Principal Receipts and Current Issuer Available Revenue Receipts (in accordance with paragraph 1(a)(i) and (ii)) and any Current Issuer Income Deficit (in accordance with paragraph 1(a)(iii)) to be notified forthwith, following the calculation thereof, to the Current Issuer.

  • This should however be mitigated by the fact that the 1994 survey had an “other” category which respondents would choose if they did not find the reason for their retirement in the 1994 listing of reasons.


More Definitions of Issuer Available Principal Receipts

Issuer Available Principal Receipts means receipts by the Issuer under the Series Pre-Enforcement Principal Priority of Payments or following the service of a Series Enforcement Notice, receipts by the Issuer of amounts in respect of principal under the Series Post-Enforcement Priority of Payments; Issuer Post-Enforcement Priority of PaymentsOn each Interest Payment Date following the delivery of an Enforcement Notice, the Series Cash Manager (on behalf of the Trustee) will apply amounts received or recovered by the Trustee (or any receiver, administrative receiver or manager appointed on its behalf) in accordance with the following order of priority (the "Issuer Post-Enforcement Priority of Payments"):
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Issuer Available Principal Receipts means, in relation to the First Issuer, the First Issuer Available Principal Receipts and in relation to any New Issuer has the meaning specified under the relevant Issuer Transaction Documents and as defined in that Issuer Master Definitions Schedule relating to that New Issuer;
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Related to Issuer Available Principal Receipts

  • Principal Receipts has the meaning specified in Section 5.2. Pro Rata Basis has the meaning specified in Section 8.2. Put Option Agreement means the agreement between Lender and TALF LLC, pursuant to which Lender shall have the option to sell or assign from time to time, and TALF LLC shall have the obligation to purchase from Lender from time to time,

  • Available Principal Collections means, with respect to any Monthly Period, an amount equal to the sum of (a) (i) an amount equal to the Principal Allocation Percentage of Series 2019-4 Allocable Principal Collections received during such Monthly Period minus (ii) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.08 are required to fund the Required Amount for the related Distribution Date, (b) any Shared Principal Collections with respect to other Series that are allocated to Series 2019-4 in accordance with Section 4.04 of the Agreement and Section 4.11 of this Supplement, and (c) any other amounts which pursuant to Section 4.05 or 4.07 of this Supplement are to be treated as Available Principal Collections with respect to the related Distribution Date.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Available Principal With respect to any Distribution Date, the sum of the following amounts with respect to the prior Monthly Period:

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Class A Principal Parity Amount means, with respect to any Distribution Date, the lesser of (I) the excess, if any, of (x) the aggregate remaining principal balance of the Class A Notes immediately prior to such Distribution Date over (y) the Pool Balance as of the end of the immediately preceding Collection Period and (II) the amount of Total Available Funds remaining on deposit in the Collection Account after the funding of the items described in clauses (i) through (iii) of Section 5.7(a) on such Distribution Date.

  • Attributable Principal Amount means (a) in the case of capital leases, the amount of capital lease obligations determined in accordance with GAAP, (b) in the case of Synthetic Leases, an amount determined by capitalization of the remaining lease payments thereunder as if it were a capital lease determined in accordance with GAAP, (c) in the case of Securitization Transactions, the outstanding principal amount of such financing, after taking into account reserve amounts and making appropriate adjustments, determined by the Administrative Agent in its reasonable judgment and (d) in the case of Sale and Leaseback Transactions, the present value (discounted in accordance with GAAP at the debt rate implied in the applicable lease) of the obligations of the lessee for rental payments during the term of such lease).

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Collateral Principal Collections and Reallocated Class B Principal Collections with respect to such Monthly Period which pursuant to Section 4.12 are required to fund the Class A Required Amount and the Class B Required Amount, plus (c) the amount of Shared Principal Collections that are allocated to Series 1999-2 in accordance with subsection 4.13(b).

  • Principal Recovery Amount With respect to each Payment Date, the sum of: (a) the aggregate amount of Credit Event Net Losses for all Reversed Credit Event Reference Obligations for the related Reporting Period; (b) subsequent recoveries on any Reference Obligation that became a Credit Event Reference Obligation on a prior Payment Date; (c) the aggregate amount of the Credit Event Net Gains of all Credit Event Reference Obligations for the related Reporting Period; (d) the Origination Rep and Warranty/Servicing Breach Settlement Amount for such Payment Date; and (e) the Projected Recovery Amount.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Principal Receivables means all Receivables other than Finance Charge Receivables.

  • Required Spread Account Amount means, for the March 2012 Payment Date and the April 2012 Payment Date, zero, and for any Payment Date thereafter, the product of (i) the Spread Account Percentage in effect on such date and (ii) during (x) the Revolving Period, the Collateral Amount, and (y) during the Controlled Accumulation Period or the Early Amortization Period, the Collateral Amount as of the last day of the Revolving Period; provided that, prior to the occurrence of an Event of Default and acceleration of the Series 2012-1 Notes, the Required Spread Account Amount will never exceed the Class C Note Principal Balance (after taking into account any payments to be made on such Payment Date).

  • Class A Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class A Floating Percentage of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date, (b) the Class A Floating Percentage of the Reallocated Investor Finance Charge Collections and (c) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date.

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Net Available Proceeds means:

  • Note Monthly Principal Distributable Amount means, with respect to any Payment Date, the Note Percentage of the Principal Distributable Amount for such Payment Date.

  • Group II Principal Remittance Amount With respect to any Distribution Date, the sum of the amounts described in clauses (i) through (iii) of the definition of Group II Principal Distribution Amount.

  • Available Reserve Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Reserve Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Reserve Account made or to be made with respect to such date) and (b) the Required Reserve Account Amount, in each case on such Transfer Date.