Target Receivables Amount definition

Target Receivables Amount shall have, with respect to any Outstanding Series, the meaning specified in the related Supplement for such Outstanding Series.
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Target Receivables Amount means, on any date of determination, the sum of (a) the aggregate Principal Balance of the Loans outstanding on such day plus (b) the aggregate LC Exposure on such day plus (c) the Required Subordinated Amount on such day.
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Target Receivables Amount means, with respect to any Outstanding Series, the meaning assigned to such term in the related Supplement for such Series.
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Examples of Target Receivables Amount in a sentence

  • At the request of the Company, on any Business Day the Trustee shall release any funds on deposit to the Company so long and to the extent that the Series 2000-1 Target Receivables Amount is at least equal to the sum of the Series 2000-1 Adjusted Invested Amount for such day and the Series 2000-1 Required Subordinated Amount for such day after giving effect to such release.

  • No VFC Certificateholder shall be obligated to fund any Increase, unless concurrently with any such Increase in the Invested Amount, the Subordinated Certificate Amount shall be increased by an amount (the "Subordinated Certificate Increase Amount") such that after giving effect to such increase, the sum of the Invested Amount plus the Subordinated Certificate Amount equals or exceeds the Target Receivables Amount.

  • No VFC Certificateholder shall be obligated to fund any Increase, unless concurrently with any such Increase in the Invested Amount, the Subordinated Certificate Amount shall be increased by an amount (the "Subordinated Certificate Increase Amount") such that after giving effect to such increase, the sum of the Adjusted Invested Amount plus the Subordinated Certificate Amount equals the Target Receivables Amount.

  • Attached as Exhibit B is a certificate of a Responsible Officer of the Master Servicer attaching a Daily Report as of the Business Day immediately preceding the Release Date and a pro forma Daily Report as of the Release Date and giving effect to the withdrawal of the Exiting Originator and certifying that the Aggregate Target Receivables Amount will be equal to or less than the Aggregate Allocated Receivables Amount after giving effect to such withdrawal.

  • No Purchaser shall be obligated to fund any such Increase, unless concurrently with any such Increase in the Series 1999-A Invested Amount, the Series 1999-A Subordinated Interest Amount shall be increased by an amount (the "Series 1999-A Subordinated Interest Increase Amount") such that after giving effect to such increase, the Series 1999-A Adjusted Invested Amount plus the Series 1999-A Subordinated Interest Amount equals the Series 1999-A Target Receivables Amount.

  • The Servicer has determined that, immediately after giving effect to each transfer to the Trust under the Pooling Agreement, the Aggregate Receivables Amount is at least equal to the Aggregate Target Receivables Amount.

  • If the Target Receivables Amount is less than the Closing Date Receivables Amount, then the Base Purchase Price and the Base Cash Consideration shall be increased by the amount of such difference.

  • Name: Title: Date: *Target Receivables Amount insufficiency and/or Principal reduction amounts.

  • No Purchaser shall be obligated to fund any such Increase, unless concurrently with any such Increase in the Series 1997-2 Invested Amount, the Series 1997-2 Subordinated Interest Amount shall be increased by an amount (the "Series 1997-2 Subordinated Interest Increase Amount") such that after giving effect to such increase, the Series 1997-2 Adjusted Invested Amount plus the Series 1997-2 Subordinated Interest Amount equals the Series 1997-2 Target Receivables Amount.


More Definitions of Target Receivables Amount

Target Receivables Amount means, on any date of determination, the product of (i) a fraction (expressed as a decimal) the numerator of which is one and the denominator of which is one minus the Required Subordinated Percentage and (ii) the Adjusted Invested Amount on such day.
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Target Receivables Amount means, on any date of determination, the sum of (i) the Principal Balance of the Loans on such day plus (ii) the sum of (i) the Required Subordinated Amount on such day and (ii) the Contingent Reserve Amount on such Borrowing Date, if any, on such day.
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Target Receivables Amount means, with respect to any --------------------------- Series, the sum of the Series Adjusted Outstanding Amount plus the Required Reserves for such Series.
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Target Receivables Amount means zero dollars ($0.00).
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Target Receivables Amount is defined, for any Series, in the Indenture Supplement for such Series.
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Related to Target Receivables Amount

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Receivables Transaction Amount means the amount of obligations outstanding under the legal documents entered into as part of such Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to (a) the aggregate principal balance of all Portfolio Investments acquired by the Company prior to such date minus (b) the aggregate principal balance of all Portfolio Investments repurchased by the Parent or an Affiliate thereof prior to such date.

  • Net Recovery Percentage means, at any time, the fraction, expressed as a percentage, (a) the numerator of which is the amount equal to the recovery in respect of Eligible Inventory at such time on a net orderly liquidation value basis as set forth in the most recent acceptable appraisal of Eligible Inventory received by the Administrative Agent, net of operating expenses, liquidation expenses and commissions, and (b) the denominator of which is the applicable original Value of the aggregate amount of the Inventory subject to such appraisal.

  • Current Receivable means each Receivable that is not a Defaulted Receivable or a Liquidated Receivable.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Adjusted Pool Balance means, on the Closing Date, an amount equal to:

  • Earnout Amount has the meaning provided in Section 2.9(b).

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Total Open-End Mutual Fund Average Net Assets means the average of all of the determinations of the aggregate net assets of all open-end funds sponsored by Xxxxxx Management (excluding the net assets of such funds investing in, or invested in by, other such funds, such as Xxxxxx RetirementReady® Funds and Xxxxxx Money Market Liquidity Fund, to the extent necessary to avoid "double-counting" of such net assets) at the close of business on each business day during each month while the Management Contract is in effect.

  • M&O Amount means the revenue protection payment required as part of this Agreement as set out in TEXAS EDUCATION CODE Section 48.256(d) and shall have the meaning assigned to such term in Section 4.2 of this Agreement.

  • Excess Cash Amount means, as of any Excess Cash Measurement Date, (a) the total amount of Unrestricted Cash, less (b) the sum of (i) the applicable Minimum Cash Threshold hereto corresponding to such Excess Cash Measurement Date, (ii) the total amount of scheduled payments due by OEC and its Subsidiaries, taken as a whole, under (x) the New Notes and (y) any other Permitted Indebtedness in each case in the subsequent twelve (12) month period, (iii) projected expenses for the Issuer to conduct its operations during the subsequent twelve (12) month period, including any foreign currency conversion expenses and (iv) for any Excess Cash Measurement Date through (and including) December 31, 2024, any Fines due by OEC and its Subsidiaries for the subsequent twelve (12) month period; less (c) an amount equal to the Required Gross-Up; provided that any items already deducted from cash and short-term investments of OEC and its Subsidiaries for purposes of determining Unrestricted Cash shall not be deducted again for purposes of determining the Excess Cash Amount.

  • Second Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(E).

  • Cut-off Date Pool Principal Balance The aggregate Stated Principal Balances of all Mortgage Loans as of the Cut-off Date.

  • Available Excluded Contribution Amount means the aggregate amount of Cash or Cash Equivalents or the fair market value of other assets (as reasonably determined by the Borrower, but excluding any Cure Amount and any Contribution Indebtedness Amount) received (or deemed to be received) by the Borrower or any of its Restricted Subsidiaries after the Closing Date from:

  • Receivables Transaction Attributed Indebtedness means the amount of obligations outstanding under the legal documents entered into as part of any Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Receivables Pool means, at any time, all of the then outstanding Receivables purchased by the Seller pursuant to the Sale Agreement prior to the Facility Termination Date.

  • Portfolio Value means the aggregate amount of portfolio of investments including cash balance without netting off of leverage undertaken by the CDMDF.

  • M5 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 86.20% and (ii) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period and (b) the amount, if any, by which (i) the Aggregate Pool Balance for such Distribution Date determined as of the last day of the related Collection Period exceeds (ii) the Targeted Overcollateralization Amount.

  • M2 Target Amount With respect to any Distribution Date, an amount equal to the lesser of (a) the product of (i) 81.50% and (ii) the Pool Balance for such Distribution Date and (b) the amount, if any, by which (i) the Pool Balance for such Distribution Date exceeds (ii) 0.50% of the Cut-off Date Balance.

  • Collateral Invested Amount means, when used with respect to any date, an amount equal to (a) the Collateral Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Collateral Interest Holder prior to such date, minus (c) the aggregate amount of Collateral Charge-Offs for all prior Distribution Dates pursuant to subsection 4.06(c), minus (d) the aggregate amount of Reallocated Principal Collections allocated on all prior Distribution Dates pursuant to Section 4.08 allocable to the Collateral Invested Amount, minus (e) an amount equal to the amount by which the Collateral Invested Amount has been reduced on all prior Distribution Dates pursuant to subsections 4.06(a) and (b), and plus (f) the amount allocated and available on all prior Distribution Dates pursuant to subsection 4.07(i), for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Collateral Invested Amount may not be reduced below zero.