Required Asset Amount definition

Required Asset Amount means with respect to the Series 2010-1 Notes, at any date of determination, the sum of (i) the Invested Amounts for all Group V Series of Notes that do not provide for Enhancement in the form of overcollateralization plus (ii) with respect to all Group V Series of Notes that provide for Enhancement in the form of overcollateralization, the sum of (a) the Invested Amount for all such Series of Notes, plus (b) the Minimum Available Subordinated Amount required to be maintained as part of the enhancement for all such Series of Notes.

Required Asset Amount means, with respect to any Series of Investor Notes, the amount specified in the related Indenture Supplement.

Required Asset Amount means, with respect to any Series of Notes, the amount specified in the applicable Series Supplement.

Examples of Required Asset Amount in a sentence

• The Series 2001-1 Required Asset Amount as of any date of determination is the sum of the Series 2001-1 Invested Amount and the Series 2001-1 Required Overcollateralization Amount as of such date.

• The Risk-Based Required Asset Amount factor tables were recalibrated using the latest forward looking Federal Reserve’s Comprehensive CapitalAnalysis Review house prices, interest rates and unemployment paths.

• The Series 2002-1 Required Asset Amount as of any date of determination is the sum of the Series 2002-1 Invested Amount and the Series 2002-1 Required Overcollateralization Amount as of such date.

• Risk-Based Required Asset Amount forPerforming Primary Mortgage Guaranty Insurance: For purposes of this calculation, the term “performing” is defined as those loans that are current or not more than one missed monthly payment.

• The Series 2003-2 Required Asset Amount as of any date of determination is the sum of the outstanding principal amount of the Series 2003-2 Investor Notes and the Series 2003-2 Required Overcollateralization Amount as of such date.

More Definitions of Required Asset Amount

Required Asset Amount means with respect to the Series 2000-1 Note, at any date of determination, the sum of (i) the Invested Amounts for all Group II Series of Notes that do not provide for Enhancement in the form of overcollateralization plus (ii) with respect to all Group II Series of Notes that provide for Enhancement in the form of overcollateralization, the sum of (a) the Invested Amounts for all such Series of Notes, plus (b) the available subordinated amounts required to be maintained as part of the minimum enhancement amount for all such Series of Notes.

Required Asset Amount means, with respect to any Series of Notes, the amount specified as the “Series [#] Required Asset Amount” in the related Indenture Supplement.

Required Asset Amount shall, with respect to any applicable Financing Source, have the meaning, if any, specified in the Financing Documents of such Financing Source.

Required Asset Amount means, as of any date of determination, an amount equal to the sum of (a) the Outstanding Amount plus (b) the Required Overcollateralization Amount.

Required Asset Amount. Collateral", "Collection Account", "NFLP Agreements", "Lease", "Related Documents", "Aggregate Invested Amount" and "Requisite Investors" and such other terms as may be appropriate to reflect the creation of the Segregated Series, provided that any such amendment shall not have a material adverse effect on the Noteholders or Note Owners of any Series unless the Required Noteholders of such Series shall have given their prior written consent thereto (and, with respect to each Series, the Trustee may rely on an Officer's Certificate of the Servicer as sufficient evidence of such lack of a material adverse effect) and (J) references herein to "all" Series of Notes (other than as specifically stated herein) shall be modified to refer to all Series of Notes other than any Segregated Series of Notes which may hereafter be issued.

Required Asset Amount means, at any date of determination for any Series of Notes, the sum of (i) the Invested Amounts for all Series of Notes that do not 18 provide for Enhancement in the form of overcollateralization and including, as applicable, such Series and all other Series of Related Collateral Series Notes applicable to such Series, plus (ii) the aggregate amount, with respect to all Series of Notes that provide for Enhancement in the form of overcollateralization and including, as applicable, such Series and all other Series of Related Collateral Series Notes applicable to such Series, of (a) the Invested Amount for each such Series of Notes (less the Invested Amount of any subordinated class of Notes constituting a portion of such Series of Notes) divided (in the case only of clause (ii) above) by (b) 100% minus the Enhancement Percentage for such Series of Notes."

Required Asset Amount. Required Beneficiaries", and "Thrifty Finance Agreements" and such other terms as may be appropriate and (J) references herein to "all" Series of Notes (other than as specifically stated herein) shall be modified to refer to all Series of Notes other than any Segregated Series of Notes which may hereafter be issued (or as otherwise provided in the related Supplement).