Total Reserve Amount means, at any time, the sum of (i) the Loss Reserve Amount, (ii) the Dilution Reserve Amount, (iii) the Carrying Cost Reserve Amount and (iv) the Servicer Fee Reserve Amount. Notwithstanding the foregoing, Receivables for which the Obligor is not an Eligible Obligor will not be included for purposes of this calculation.
Total Reserve Amount means, with respect to any Payment Date, an amount equal to the sum of the Required Reserve Amount and the Supplemental Reserve Amount.”
Total Reserve Amount means, at any time, the sum of (i) the Loss Reserve Amount, (ii) the Dilution Reserve Amount, (iii) the Carrying Cost Reserve Amount and (iv) the Servicer Fee Reserve Amount.
Examples of Total Reserve Amount in a sentence
With respect to each calculation of the Borrowing Base, the Total Reserve Amount used in such calculation shall be measured using the information reported in the most recent Monthly Report.
More Definitions of Total Reserve Amount
Total Reserve Amount means the sum of (i) the Loss Reserve Amount, (ii) the Dilution Reserve Amount, (iii) the Carrying Cost Reserve Amount and (iv) the Servicing Fee Reserve Amount. “Transaction Documents” shall mean this Agreement, the Purchase and Contribution Agreement, the Purchase Notices, the Transaction Fee Letters, the Letter of Credit Requests, the Letter of Credit Applications, the Blocked Account Agreements, the Credit Card Agreements, the Limited Liability Company Agreement, and all other material agreements, documents and agreements executed and delivered in connection therewith. “Transaction Fee Letters” shall mean the Fee Letter, the Administrative Agent Fee Letter and the LC Bank Fee Letters. “Transition Receivable” shall mean any Receivable in a branch or location that moved from Trilogie data reporting system to Oracle data reporting system before such time as Oracle has become an Approved Data Reporting System with respect to such branch or location. “UCC” shall mean, with respect to any jurisdiction, the Uniform Commercial Code as in effect from time to time in such jurisdiction. “Unadjusted Benchmark Replacement” shall mean the Benchmark Replacement without the Benchmark Replacement AdjustmentUK” shall mean the United Kingdom. “UK Financial Institution” shall means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended from time to time) promulgated by the United Kingdom Prudential Regulation Authority) or any person falling within IFPRU 11.6 of the FCA Handbook (as amended from time to time) promulgated by the United Kingdom Financial Conduct Authority, which includes certain credit institutions and investment firms, and certain affiliates of such credit institutions or investment firms. “UK Resolution Authority” shall mean the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution.
Total Reserve Amount or any components of any of the foregoing, contained in this Agreement; (ii) [Reserved]; (iii) reduce the amount of Aggregate Net Investment or Yield thereon or delay any scheduled date for payment thereof; (iv) reduce fees payable by the Seller to the Facility Agents or the Purchasers, or delay the dates on which such fees are payable; (v) extend the Scheduled Termination Date (except as extended in accordance with the terms of this Agreement); (vi) change any of the provisions of this Section 11.01 or the definition of “Required Facility Agents”; or (vii) change the first sentence of Section 11.02; and provided, further, that no amendment, waiver or consent shall (a) increase the Purchase Group Maximum Net Investment of a Purchase Group or reduce the amount of Net Investment of, or Yield or fees payable to, any Purchase Group unless in writing and signed by the Facility Agent for such Purchase Group and its related Purchasers or, (b) affect the rights of the Swingline Purchaser, including by the increase of the Swingline Sublimit, the reduction of the amount of the Swingline Reimbursement Purchase or Yield on the Swingline Purchase unless in writing signed by the Swingline Purchaser or (c) affect the rights of any XX Xxxxx, including by the reduction of the amount of the Reimbursement Obligation or Yield thereon or any fees payable with respect to the Letters of Credit issued by it, unless in writing signed by such LC Bank. Any waiver of any provision hereof, and any consent to a departure by the Seller, an Originator, the Servicer or the Parent from any of the terms of this Agreement, shall be effective only in the specific instance and for the specific purpose for which given.
Total Reserve Amount means an amount equal to (x) at all times on or prior to the Business Day prior to the Termination Date, the sum of the Loss Reserve and the Servicer Reserve, and (y) at all times after the last Business Day prior to the Termination Date, the amount determined under clause (x) above on the last Business Day prior to the Termination Date.
Total Reserve Amount means an amount equal to (x) at all times on or prior to the Business Day prior to the Termination Date, the sum of the Loss Reserve and the Servicer Reserve, and (y) at all times after the last Business Day prior to the Termination Date, the amount determined under clause (x) above on the last Business Day prior to the Termination Date.