Net Invested Amount definition

Net Invested Amount. With respect to any Series, the meaning specified in the related Indenture Supplement.

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Net Invested Amount means, on any Business Day, the Invested Amount, reduced by the aggregate balance on deposit in the Equalization Account and the Principal Funding Account.

Net Invested Amount means the portion of the Lessor's Invested Amount allocated by the Lessor to the Net Invested Amount, provided that the Net Invested Amount shall in no event be (i) less than 5.5% of the aggregate Funded Amounts or (ii) greater than $5,362,500.

Examples of Net Invested Amount in a sentence

On each Business Day which is not in an Early Amortization Period, Servicer shall also determine whether the Net Invested Amount is greater than, equal to or less than the Base Amount.
On each Business Day during the Revolving Period or the Amortization Period, Servicer shall also determine whether the Net Invested Amount is greater than, equal to or less than the Base Amount.
In addition, no Purchaser will be required or permitted to make a Purchase if, after giving effect thereto (and any corresponding reduction to the Series Invested Amount pursuant to Section 3.1), the Net Invested Amount would exceed the Base Amount.
On any Business Day during the Revolving Period on which no Early Amortization Event or Unmatured Early Amortization Event exists, Servicer may instruct Trustee in writing to withdraw funds from the Equalization Account and apply such funds as Daily Series Collections, so long as the Net Invested Amount would not exceed the Base Amount after giving effect to such transfer and application.
In such event, the Agent will adjust the amount to be funded by each Funding Party on each Funding Date to take into account such non pro-rata funding of the Net Invested Amount, provided that the Lessor (with respect to the Allocated Amount) and each Lender will fund their Pro Rata Share of such amount.

More Definitions of Net Invested Amount

Net Invested Amount means, on any Business Day, the positive difference (if any) of (a) the Aggregate Invested Amount, minus (b) the aggregate balance on deposit in the Equalization Account and the Principal Funding Account.

Net Invested Amount. With respect to the Series 201[•]-[•] Notes as of any date of determination, the sum of (a) the Net Investor Invested Amount as of such date and (b) the excess, if any, of (i) the Class E Invested Amount as of such date over (ii) the sum of (1) the Note Distribution Account Amount allocated to pay principal of the Class E Notes, if any, on such date and (2) the amount on deposit in the Note Defeasance Account (excluding amounts representing Investment Proceeds) on that date allocated to pay principal of the Class E Notes, if any, on such date.

Net Invested Amount. With respect to the Series 20[ ]-[ ] Notes as of any date of determination, the sum of (a) the Net Investor Invested Amount as of such date and (b) the excess, if any, of (i) the Class E Invested Amount as of such date over (ii) the Note Distribution Account Amount allocated to pay principal of the Class E Notes, if any, on such date.

Net Invested Amount is defined, for purposes of any Series, in the applicable Supplement.

Net Invested Amount means the actual amount of Your investment into a selected Investment Instrument. The Net Invested Amount shall mean the Gross Invested Amount less the fee under the Fee Schedule.

Net Invested Amount is defined, for purposes of any Series or Purchased Interest, in the applicable Supplement or PI Agreement.

Net Invested Amount. With respect to the Series 20[__-_] Notes as of any date of determination, the excess of (a) the Invested Amount as of such date, over (b) the Note Distribution Account Amount on such date.