Reallocated Class C Principal Collections definition

Reallocated Class C Principal Collections shall have the meaning specified in subsection 4.14(b).

Reallocated Class C Principal Collections means, with respect to any Transfer Date, Principal Collections calculated by reference to the Class C Investor Interest but which are to be applied as Finance Charge Collections in accordance with Clause 5.16 in an amount not to exceed the product of:

Reallocated Class C Principal Collections shall have the meaning specified in subsection 4.16(b) of the Agreement.

Examples of Reallocated Class C Principal Collections in a sentence

• The aggregate amount of Reallocated Class C Principal Collections during the related Due Period is equal to .

• The Class C Investor Interest will also be reduced by the amount of Reallocated Class C Principal Collections pursuant to Clause 5.16 and Reallocated Class B Principal Collections pursuant to Clause 5.17 and the amount of any portion of the Class C Investor Interest written-off to avoid a reduction in the Class A Investor Interest or Class B Investor Interest pursuant to Clauses 5.13(a)(i) and 5.13(b)(i) above.

• The aggregate amount of Reallocated Class C Principal Collections during the related Due Period is equal to.

• The aggregate amount of Reallocated Class C Principal Collections during the related Due Period is equal to...............................................

• On each Distribution Date, the Class D Investor Interest shall be reduced by the amount of Reallocated Class D Principal Collections for such Distribution Date, the Class C Investor Interest shall be reduced by the amount of Reallocated Class C Principal Collections for such Distribution Date, and the Class B Investor Interest shall be reduced by the amount of Reallocated Class B Principal Collections for such Distribution Date.

More Definitions of Reallocated Class C Principal Collections

Reallocated Class C Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Class C Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class C Investor Interest after giving effect to any Class C Investor Charge-Offs for such Transfer Date.

Reallocated Class C Principal Collections means, with respect to any Distribution Date, Principal Collections calculated by reference to the Class C Investor Interest but which are to be applied as Finance Charge Collections in accordance with Part 4, Clause 5.15 in an amount not to exceed the product of:

Reallocated Class C Principal Collections means, with respect to any Distribution Date, Collections of Principal Receivables allocated to Series 2007-1 for the preceding Due Period in an amount not to exceed the lesser of (i) the product of (A) the Class C Investor Allocation times (B) the Investor/Purchaser Percentage times (C) the aggregate amount of Collections in respect of Principal Receivables deposited in the Collection Account for the related Due Period; and (ii) the Class C Investor Interest after giving effect to any reduction of the Class C Investor Interest pursuant to subsection 4.10(d) on such Distribution Date.

Reallocated Class C Principal Collections shall have the meaning specified in subsection 4.7(c) of the Agreement.

Reallocated Class C Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 5.18(a) and (b) in an amount not to exceed the product of (a) the Class C Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class C Investor Interest after giving effect to any Class C Investor Charge-Offs for such Transfer Date.

Reallocated Class C Principal Collections shall have the meaning specified in subsection 4.7(g).

Reallocated Class C Principal Collections means, with respect to any Distribution Date, Collections of Principal Receivables allocated to the Class C Investor Interest applied in accordance with subsection 4.12(b)(iii) in an amount not to exceed the amount described in subsection 4.5(a)(iv) during the Revolving Period, subsection 4.5(b)(iv) during the Controlled Amortization Period and subsection 4(c)(iv) during the Early Amortization Period; provided, however, that such amount shall not exceed the Class C Investor Interest after giving effect to any reduction of the Class C Investor Interest pursuant to subsection 4.10(c) on such Distribution Date.