Transferor Distribution Amount definition
Transferor Distribution Amount means, for each Payment Date, 5% of the Total Distribution Amount for the related Payment Date.
Transferor Distribution Amount means, for each Payment Date, 5% of the Total Distribution Amount for the related Payment Date. “Transferred Assets” shall have the meaning specified in Section 2.1(a). “Transferred Receivable” shall mean the Receivables which are transferred by the Transferor to the Administrative Agent (for the benefit of the Owners), pursuant to this Agreement and which are identified on Schedule II hereto, with respect to the Initial Receivables (as such Schedule II may be modified from time to time pursuant the updated Receivables Schedules to be delivered pursuant to Section 2.1(c)); provided, that if any Transferred Receivable is reconveyed to the Transferor or conveyed to the Servicer, in each case, as specified in Section 2.11, Section 2.12 or Section 2.13, as applicable, such Receivable shall no longer constitute a Transferred Receivable. “UK Financial Institution” means any BRRD Undertaking (as such term is defined under the PRA Rulebook (as amended form 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” means the Bank of England or any other public administrative authority having responsibility for the resolution of any UK Financial Institution. “U.S. Sanctions” shall mean economic or financial sanctions or trade embargoes imposed, administered or enforced from time to time by the U.S. government, including those administered by the Office of Foreign Assets Control of the U.S. Department of the Treasury or the U.S. Department of State. -50- ▇▇▇▇▇▇▇▇ T-Mobile (EIP) Third A&R RPAA NJ 231109207v1 736153181 19632398
Examples of Transferor Distribution Amount in a sentence
The Administrator shall calculate on each Determination Date the Transferor Distribution Amount and shall instruct the Trustee to distribute such amount to NAFCO or to any other party whom NAFCO designates on the following Distribution Date.
Distribution of the Transferor Distribution Amount shall be in addition to any Excess Amounts or other payments distributed to NAFCO in its capacity as the Class C Certificateholder.