Nominal Liquidation Amount definition

Nominal Liquidation Amount means, notwithstanding anything to the contrary in the Indenture Supplement, with respect to the Class B(2020-2) Notes:

Nominal Liquidation Amount means, with respect to any Outstanding Series, Class or Tranche of Notes, an amount determined in accordance with the applicable Indenture Supplement. The Nominal Liquidation Amount for a Series of Notes will be the sum of the Nominal Liquidation Amounts of all of the Classes or Tranches of Notes of such Series.

Nominal Liquidation Amount has, with respect to any Series, Class or Tranche of Notes, the meaning specified in the applicable Indenture Supplement for such Series, Class or Tranche.

Examples of Nominal Liquidation Amount in a sentence

• On any day occurring on or after the date on which the aggregate Nominal Liquidation Amount of any Tranche of Notes is reduced to less than 5% of its highest Outstanding Dollar Principal Amount, the Depositor or any Affiliate thereof has the right, but not the obligation, to redeem such Tranche of Notes in whole but not in part, pursuant to Section 1202 of the Indenture.

• As of the date of any additional issuance of Notes of an Outstanding Class or Tranche of Notes, the Stated Principal Amount, Outstanding Dollar Principal Amount and Nominal Liquidation Amount of that Class or Tranche will be increased to reflect the principal amount of the additional Notes.

• On each Payment Date, the Nominal Liquidation Amount shall be reduced by the amount of Reallocated Principal Collections for such Payment Date.

• Beginning of Monthly Period Nominal Liquidation Amount $1,200,000,000.00 3.

• End of Monthly Period Nominal Liquidation Amount $1,200,000,000.00 6.

More Definitions of Nominal Liquidation Amount

Nominal Liquidation Amount with respect to any tranche of Notes, shall have the meaning specified in the Indenture.

Nominal Liquidation Amount means, with respect to any Tranche of CHASEseries Notes, the amount calculated pursuant to Section 3.18. The Nominal Liquidation Amount of a Class of CHASEseries Notes will be the sum of the Nominal Liquidation Amounts of all the Tranches of CHASEseries Notes of such Class. The Nominal Liquidation Amount of the CHASEseries will be the sum of the Nominal Liquidation Amounts of all of the Tranches of CHASEseries Notes.

Nominal Liquidation Amount means, as of the Closing Date, the Initial Dollar Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Nominal Liquidation Amount determined on the immediately prior date of determination, plus(b) all reimbursements of reductions in the Nominal Liquidation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, determined as set forth in Sections 4.09 and 4.10, minus (c) the amount of the reduction in the Nominal Liquidation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.09, minus (d) the amount of the reduction in the Nominal Liquidation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.10, minus (e) the Cdn. $ amount deposited in the Principal Funding Account or paid to the Series 2019-2 Noteholders or the Swap Counterparty on account of principal (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Nominal Liquidation Amount may never be less than zero, (2) the Nominal Liquidation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.17, the Nominal Liquidation Amount will be reduced to zero upon such sale.

Nominal Liquidation Amount has, with respect to any Series, Class or Tranche of Asset Pool One Notes, the meaning specified in the applicable Indenture Supplement for such Series, Class or Tranche of Asset Pool One Notes.

Nominal Liquidation Amount with respect to any series, class or Tranche of Notes, shall have the meaning set forth in the Indenture.

Nominal Liquidation Amount means, as of the Closing Date, the Initial Dollar Principal Amount and on any date of determination thereafter, the sum of, without duplication, (a) the Nominal Liquidation Amount determined on the immediately prior date of determination, plus (b) all reimbursements of reductions in the Nominal Liquidation Amount due to Investor Charge-Offs or Reallocated Principal Collections since the prior date of determination, determined as set forth in Sections 4.08 and 4.09, minus (c) the amount of the reduction in the Nominal Liquidation Amount due to Investor Charge-Offs since the prior date of determination, determined as set forth in Section 4.08, minus (d) the amount of the reduction in the Nominal Liquidation Amount due to the application of Reallocated Principal Collections since the prior date of determination, determined as set forth in Section 4.09, minus (e) the amount deposited in the Principal Funding Account or paid to the Series 2008-2 Noteholders (in each case, after giving effect to any deposits, allocations, reallocations or withdrawals to be made on that day) since the prior date of determination; provided, however, that (1) the Nominal Liquidation Amount may never be less than zero, (2) the Nominal Liquidation Amount may never be greater than the Adjusted Outstanding Dollar Principal Amount and (3) if there is a sale of Collateral in accordance with Section 4.16, the Nominal Liquidation Amount will be reduced to zero upon such sale.

Nominal Liquidation Amount means, with respect to any tranche of Notes, an amount determined as follows: