Trust Available Subordinated Amount definition

Trust Available Subordinated Amount means the sum of the Available Subordinated Amount and the sum of the aggregate available subordinated amounts for all other outstanding Series.

Trust Available Subordinated Amount means, at any time of determination, the sum of the Available Subordinated Amounts, if any, for all outstanding Series at such time.

Trust Available Subordinated Amount means, as of any date of determination, the sum of the available subordinated amounts as of such date for all outstanding Series (including Series __).

Examples of Trust Available Subordinated Amount in a sentence

• If on any day during the Revolving Period no other series is then amortizing, repaying or accumulating principal and the Adjusted Pool Balance is not less than the Required Pool Balance on such day and the Seller Amount is not less than the sum of the Trust Available Subordinated Amount and the Trust Yield Reserve Amount on such day, the servicer will distribute to the seller on each date of deposit the Series CW2006-1 share of principal collections (other than Series CW2006-1 Yield Reserve Collections).

• If on any day during the Revolving Period no other Series is then amortizing, repaying or accumulating principal and the Adjusted Pool Balance is not less than the Required Pool Balance on such day and the Transferor Amount is not less than the Trust Available Subordinated Amount on such day, the Servicer will distribute directly to the Transferor on each date of deposit the Series 2005-1 Noteholder’s share of Principal Collections.

• To the extent that Excess Principal Collections exceed Principal Shortfalls, the indenture trustee will deposit the balance in the Excess Funding Account to the extent necessary so that the Seller Amount would not be less than the sum of the Trust Available Subordinated Amount and the Trust Yield Reserve Amount, and the Adjusted Pool Balance would not be less than the Required Pool Balance, in each case determined after giving effect to any principal Receivables transferred to us on that date.

• In addition, on each payment date, if the Adjusted Pool Balance is greater than the Required Pool Balance, funds on deposit in the Excess Funding Account will be withdrawn and transferred to the seller to the extent that the Seller Amount, determined after giving effect to any principal Receivables transferred to the seller during that Monthly Period, exceeds the sum of the Trust Available Subordinated Amount and the Trust Yield Reserve Amount.

More Definitions of Trust Available Subordinated Amount

Trust Available Subordinated Amount means, for any date, the sum of the Available Subordinated Amounts on such date for all Series.

Trust Available Subordinated Amount means the sum of the Aggregate Available Subordinated Amount for Series 1996-2 and the aggregate available subordinated amounts for all other outstanding Series.

Trust Available Subordinated Amount means, as of any date of determination, the sum of the available subordinated amounts as of such date for all outstanding Series (including Series 2006-4).

Trust Available Subordinated Amount is defined in the Transfer and Servicing Agreement.

Trust Available Subordinated Amount means, as of any date of determination, the sum of the "Available Subordinated Amounts" (as defined in the related Indenture Supplements) as of such date for all outstanding Series (including Series 2010-5).

Trust Available Subordinated Amount means, as of any date, the sum of the available subordinated amounts as of that date for all Series.

Trust Available Subordinated Amount means the sum of the Series 2005-1 Available Subordinated Amount and the sum of the aggregate Available Subordinated Amounts for all other outstanding Series. (b) Notwithstanding anything to the contrary in this Series Supplement or the other Documents, the term “Rating Agency” shall mean, whenever used in this Series Supplement or such other Basic Documents with respect to Series 2005-1, Moody’s and Standard & Poor’s. As used in this Series Supplement and the other Basic Documents with respect to Series 2005-1, “highest investment category” shall mean (i) in the case of Standard & Poor’s, A-l+ or AAA, as applicable, and (ii) in the case of Moody’s, P-1 or Aaa, as applicable. (c) All capitalized terms used herein and not otherwise defined herein have the meanings ascribed to them in Appendix A to the Agreement. The definitions in Section 2.01 are applicable to the singular as well as to the plural forms of such terms and to the masculine as well as to the feminine and neuter genders of such terms. (d) The words “hereof”, “herein” and “hereunder” and words of similar import when used in this Series Supplement shall refer to this Series Supplement as a whole and not to any particular provision of this Series Supplement; references to any Article, Section or Exhibit are references to Articles, Sections and Exhibits in or to this Series Supplement unless otherwise specified; and the term “including” means “including without limitation.”