Replenished Additional Discounted Receivables Balance means on any Additional Purchase Date, the Accumulation Amount used to purchase Additional Receivables in order to maintain the then outstanding principal amount of Class A Notes and then outstanding principal amount of Class B Notes divided by one (1) minus the Additional Receivables Overcollateralisation Percentage, all as determined with respect to such Additional Purchase Date.
Replenished Additional Discounted Receivables Balance means on any Additional Purchase Date, the lesser of (i) the Class A Accumulation Amount and the Class B Accumulation Amount, as the case may be, each divided by one (1) minus the Replenished Receivables Overcollateralisation Percentage,, all as determined with respect to such Additional Purchase Date or (ii), only on each Additional Purchase Date on which no Further Notes will be issued, an amount equal to the sum of the Additional Receivables that are available to be purchased on such Additional Purchase Date.
Replenished Additional Discounted Receivables Balance means on any Additional Purchase Date, the lesser of (i) the Senior Instrument Accumulation Amount and the Junior Instrument Accumulation Amount, as the case may be, each divided by one (1) minus the Replenished Receivables Overcollateralisation Percentage, all as determined with respect to such Additional Purchase Date or (ii), only on each Additional Purchase Date on which no Further Instruments will be drawn or issued, an amount equal to the sum of the discounted Additional Receivables that are available to be purchased on such Additional Purchase Date.
More Definitions of Replenished Additional Discounted Receivables Balance
Replenished Additional Discounted Receivables Balance means, on any Additional Purchase Date, the Class A Accumulation Amount and the Class B Accumulation Amount, as the case may be, each as divided by one (1) minus the Additional Receivables Overcollateralisation Percentage, all as determined with respect to such Additional Purchase Date.