Unadjusted Invested Amount definition

Unadjusted Invested Amount means, in respect of a Series, on the related Closing Date, the Initial Invested Amount of the Series and for each day thereafter, an amount, in dollars, and which shall not be less than zero, which is equal to:
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Unadjusted Invested Amount means, with respect to a Series on the Closing Date of the Series, the Initial Invested Amount of the Series and for each day thereafter, a stated dollar amount on a day (which shall not be less than zero) which is equal:
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Examples of Unadjusted Invested Amount in a sentence

  • Following delivery of the notice of objection, the Servicer shall, in accordance with the foregoing, forthwith make any required adjustments to the Invested Amount or Unadjusted Invested Amount, as the case may be, of the Series and, in the case of remittances from the Collection Account, any required adjustments pursuant to Section 6.10.

  • Upon execution and delivery of such amendment to the Series Purchase Agreement by each Co-Owner of the Series or the Agent for the Series on their behalf, the Custodian and the Seller, the Additional Ownership Interest shall automatically and without further action be Transferred to the Co-Owners of the relevant Series, whereupon the Unadjusted Invested Amount of the Series shall be increased by the stated dollar amount of such Additional Ownership Interest.

  • Following agreement of such Co-Owner, the Custodian, the Entitled Parties and the Seller or the final decision of the auditors, as the case may be, as to the items in dispute, the Servicer shall forthwith make any required adjustments to the Invested Amount or Unadjusted Invested Amount, as the case may be, of the Series and, in the case of remittances from the Collection Account, any required adjustments pursuant to Section 6.10.

  • On the first Business Day after such notices have been provided, the Unadjusted Invested Amount of the Series shall be reduced to zero, with the effect that all of the provisions of this Agreement and the Series Purchase Agreement shall, unless otherwise specified hereunder, at the effective time of recombination be considered to be of no further effect in relation to the Series.

  • Upon the Transfer of an Additional Ownership Interest in relation to the Series 2025-1 Ownership Interest, the Unadjusted Invested Amount of the Series 2025-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.

  • Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 2024-1 Ownership Interest may be increased upon the purchase by the Series 2024-1 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 2024-1 Ownership Interest.

  • The undivided co-ownership interest of the Co-Owners of each Series shall be that proportion of the entire ownership interest in the Account Assets that (a) on each day, other than a Reporting Day, the Unadjusted Invested Amount of that Series is of the Pool Balance for that day, and (b) on a Reporting Day, the Invested Amount of that Series is of the Pool Balance for that day.

  • Subject to Section 2.6(2) and to Section 3.3 of the Pooling and Servicing Agreement, the Unadjusted Invested Amount of the Series 2025-1 Ownership Interest may be increased upon the purchase by the Series 2025-1 Co-Owner and Transfer by the Seller or the Co-Owners of other Series of one or more Additional Ownership Interests, provided that any amendment to this Agreement to give effect to such increase must not modify the Principal Terms of the Series 2025-1 Ownership Interest.

  • Upon the Transfer of an Additional Ownership Interest in relation to the Series 2024-1 Ownership Interest, the Unadjusted Invested Amount of the Series 2024-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.

  • Upon the Transfer of an Additional Ownership Interest in relation to the Series 2023-1 Ownership Interest, the Unadjusted Invested Amount of the Series 2023-1 Ownership Interest will be increased by the stated dollar amount of the Additional Ownership Interest.