Issuer Interest definition

Issuer Interest means an undivided share of 99 per cent. of the beneficial interest in the Originator Trust Property;
Issuer Interest means the residual interest in the remainder, if any, of the Series Trust Assets not required to be allocated toward payment of the Series 2010-1 Notes or to pay fees, indemnities or other amounts, in any case pursuant to the Agreement and this Supplement.

Examples of Issuer Interest in a sentence

  • Borrower shall pay to Lender, as assignee of Issuer, Interest on each Interest Payment Date, Principal on each Principal Payment Date, and the purchase price contemplated by Section 2.11 of this Agreement.

  • Those transactions with a related party having a direct or indirect material interest: Specified Relationship Nature of Transaction Amount of Person To Issuer Interest Xxxxx Xxxxxx Xxxx Xxxxxx Xxxxx Xxxxxx General Counsel for company.


More Definitions of Issuer Interest

Issuer Interest has the meaning specified in Section 4.01 of the Pooling and Servicing Agreement.
Issuer Interest means at any time and with respect to each Series of Notes, an amount equal to the sum of each Aggregate Asset Pool Amount of the Asset Pools of such Series of Notes minus the Invested Amount of such Series of Notes at such time.
Issuer Interest means at any time, an amount equal to the aggregate Principal Receivables plus the amounts on deposit in the Collection Account, the Excess Funding Account (as defined in the applicable Series Supplement) and the Principal Account minus the Aggregate Investor Interests.
Issuer Interest means the beneficial interest in the Issuer, which represents an undivided interest in the distributions and assets of the Issuer, issued pursuant to the Issuer Declaration of Trust;
Issuer Interest means the excess of the Original Aggregate Discounted Receivables Balance of the Series Receivables over the Original Series 1997-A Note Principal Balance (less any funds on deposit in the Series 1997-A Reserve Account prior to the Subsequent Funding Date and less any prepayments of the Series 1997-A Notes from funds on deposit in the Series 1997-A Funding Account).
Issuer Interest shall have the meaning ascribed to it in Section 8.01.
Issuer Interest shall have the meaning set forth in Section 4.01.