Shared Amounts definition

Shared Amounts means, for a Payment Date and any Exchange Note for which an Exchange Note Event of Default described in Sections 6.4(a)(i) or (ii) of the Credit and Security Agreement has occurred and is continuing, any shortfall in payment of interest on or principal of that Exchange Note on the Payment Date (and, if there is more than one Exchange Note having funds available for distribution as Shared Amounts, the Shared Amounts will be allocated among all such Exchange Notes pro rata based on their respective Exchange Note Balances).
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Shared Amounts means, for a Reference Pool, amounts that are designated as “Shared Amounts” under the related Exchange Note Supplement.
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Shared Amounts means, collectively, the proceeds of any collection, sale or other realization of all or any part of the Collateral and any Unused Insurance Proceeds, in each case whether pursuant to the Shared Security Documents or otherwise.
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Examples of Shared Amounts in a sentence

  • The 2018-B Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2018-B Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2018-B Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2018-B Reference Pool from and after the related Cutoff Date.

  • The 2017-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2017-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2017-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2017-A Reference Pool from and after the related Cutoff Date.

  • One panellist expects local corporate debt markets to grow, but very slowly and unevenly across different countries.

  • The 2020-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2020-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2020-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2020-A Reference Pool from and after the related Cutoff Date.

  • The 2024-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2024-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2024-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2024-A Reference Pool from and after the related Cutoff Date.

  • The 2018-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2018-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2018-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2018-A Reference Pool from and after the related Cutoff Date.

  • The 2021-B Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2021-B Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2021-B Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2021-B Reference Pool from and after the related Cutoff Date.

  • The 2019-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2019-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2019-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2019-A Reference Pool from and after the related Cutoff Date.

  • The 2023-A Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2023-A Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2023-A Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2023-A Reference Pool from and after the related Cutoff Date.

  • The 2024-B Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2024-B Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2024-B Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2024-B Reference Pool from and after the related Cutoff Date.

Related to Shared Amounts

  • Excess Amounts means Available Monies after distributions made in accordance with Section 7.05.

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Unrelated Amounts means (a) amounts deposited by the Servicer into the Collection Account but later determined by the Servicer to be mistaken or returned deposits or postings, (b) amounts deposited by the Servicer into the Collection Account as Collections but which were later determined by the Servicer to not constitute Collections with respect to the Receivables and (c) amounts received by the Servicer with respect to a Receivable that the Servicer is prohibited from depositing into the Collection Account or otherwise remitting to the Issuer by law or court order, the direction of a regulatory authority or regulatory guidance.

  • Reimbursement Amounts As defined in Section 3.22.

  • Excess Funds Subaccount is defined in Section 8.02(a) of the Indenture.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Excluded Amounts means:

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Declined Amounts has the meaning specified in Section 2.05(c).

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Pre-Funded Amount With respect to any date of determination, the amount on deposit in the Pre-Funding Account.

  • Grandfathered Amounts means, if applicable, the amounts that were deferred under the Plan and were earned and vested within the meaning of Section 409A of the Code and regulations thereunder as of December 31, 2004. Grandfathered Amounts shall be subject to the terms designated in the Adoption Agreement.