Yield Supplement Overcollateralization Amount means, with respect to any calendar month and the related Payment Date, or with respect to the Closing Date, the aggregate amount by which the Principal Balance as of the last day of the related Collection Period or the Cutoff Date, as applicable, of each of the related Receivables with an APR as stated in the related contract of less than the Required Rate, other than Defaulted Receivables, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days.
Yield Supplement Overcollateralization Amount means, for the Closing Date and each Payment Date, the amount stated on the Yield Supplement Overcollateralization Schedule for that date, calculated as the sum for each Receivable of the amount (not less than zero) equal to:
Yield Supplement Overcollateralization Amount means with respect to any calendar month and the related Distribution Date, or with respect to the Cutoff Date, the aggregate amount by which the Principal Balance as of the last day of such calendar month or the Cutoff Date, as applicable, of each of the related Receivables with an Annual Percentage Rate as stated in the related Contract is less than the Required Rate, other than a Liquidated Receivable, exceeds the present value, calculated using a discount rate equal to the Required Rate, of each Scheduled Receivables Payment of each such Receivable assuming such Scheduled Receivables Payment is made on the last day of each month and each month has 30 days.
Examples of Yield Supplement Overcollateralization Amount in a sentence
The "Adjusted Pool Balance" as of any date is equal to the Pool Balance less the Yield Supplement Overcollateralization Amount as of such date.
YSOA = For each payment date, the amount set forth in the table under "Yield Supplement Overcollateralization Amount".
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the scheduled payments due on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such scheduled payments discounted at 9.50%, assuming that future scheduled payments on the Receivables are made on their scheduled due dates without any delays, defaults or prepayments.
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the scheduled payments due on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such scheduled payments discounted at 10.00%, assuming that future scheduled payments on the Receivables are made on their scheduled due dates without any delays, defaults or prepayments.
The "Yield Supplement Overcollateralization Amount" for each Receivable for each Collection Period is the excess, if any, of the present value of the payments on such Receivable for each future Collection Period discounted at the APR of the Receivable over the present value of such payments discounted at a fixed rate, assuming that future payments on the Receivables are made without any delays, defaults or prepayments.
More Definitions of Yield Supplement Overcollateralization Amount
Yield Supplement Overcollateralization Amount means with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule B hereto.
Yield Supplement Overcollateralization Amount means, with respect to any Payment Date and the related Collection Period (or any day in such Collection Period), the aggregate amount by which the Principal Balance of each Receivable (other than a Defaulted Receivable or a Purchased Receivable) as of the last day of such Collection Period, exceeds the present value of all remaining Monthly Payments, calculated using the Discount Rate and assuming that all such Monthly Payments are made on the last day of each Collection Period and that each Collection Period has 30 days. The Yield Supplement Overcollateralization Amount for each Payment Date shall equal the amount set forth below: Payment Date Yield Supplement Overcollateralization Amount Payment Date Yield Supplement Overcollateralization Amount Closing Date $ 38,548,423.47 September 2027 $ 2,072,438.81 May 2024 $ 35,201,428.08 October 2027 $ 1,880,536.32 June 2024 $ 33,538,390.34 November 2027 $ 1,682,354.80 July 2024 $ 32,041,346.34 December 2027 $ 1,520,820.55 August 2024 $ 30,466,154.97 January 2028 $ 1,325,183.98 September 2024 $ 29,055,067.84 February 2028 $ 1,192,028.73 October 2024 $ 27,689,416.96 March 2028 $ 1,069,159.32 November 2024 $ 26,257,191.27 April 2028 $ 933,850.01 December 2024 $ 24,976,890.72 May 2028 $ 842,323.41 January 2025 $ 23,639,106.02 June 2028 $ 734,557.15 February 2025 $ 22,452,556.10 July 2028 $ 649,012.22 March 2025 $ 21,294,471.28 August 2028 $ 566,164.02 April 2025 $ 19,898,680.69 September 2028 $ 501,831.04 AA-27 Payment Date Yield Supplement Overcollateralization Amount Payment Date Yield Supplement Overcollateralization Amount May 2025 $ 18,839,267.88 October 2028 $ 444,304.16 June 2025 $ 17,729,421.10 November 2028 $ 386,532.36 July 2025 $ 16,748,569.68 December 2028 $ 341,196.69 August 2025 $ 15,720,180.98 January 2029 $ 291,391.97 September 2025 $ 14,812,660.18 February 2029 $ 254,395.92 October 2025 $ 13,936,496.20 March 2029 $ 220,066.73 November 2025 $ 13,030,003.53 April 2029 $ 175,538.36 December 2025 $ 12,229,923.50 May 2029 $ 147,308.86 January 2026 $ 11,392,718.43 June 2029 $ 119,227.23 February 2026 $ 10,671,174.37 July 2029 $ 96,166.11 March 2026 $ 9,975,347.59 August 2029 $ 74,418.30 April 2026 $ 9,133,783.83 September 2029 $ 59,385.86 May 2026 $ 8,512,174.52 October 2029 $ 46,228.15 June 2026 $ 7,865,113.48 November 2029 $ 35,718.68 July 2026 $ 7,308,472.43 December 2029 $ 28,383.41 August 2026 $ 6,738,342.30 January 2030 $ 21,288.21 September 2026 $ 6,246,478.25 February 2030 $ 16,692.84 October 2026...
Yield Supplement Overcollateralization Amount means, with respect to any Collection Period and the related Payment Date, or with respect to the Cutoff Date, the aggregate amount by which the Principal Balance as of the last day of such Collection Period or the Cutoff Date of each of the related Receivables with a Contract Rate of less than the Required Rate, other than a Defaulted Receivable, exceeds the present value, calculated by using a discount rate equal to the Required Rate, of each scheduled payment of each such Receivables assuming such scheduled payment is made on the last day of each month and each month has 30 days. APPENDIX A
Yield Supplement Overcollateralization Amount means, with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule X hereto. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be continuously recalculated at the time any information relevant to such calculation changes. Appendix A to the Sale and Servicing Agreement (VALET 2012-1) SCHEDULE X YIELD SUPPLEMENT OVERCOLLATERALIZATION AMOUNT Payment Date Yield Supplement Overcollateralization Amount Closing Date $ 62,838,901.04 February 2012 $ 60,777,057.09 March 2012 $ 58,747,429.81 April 2012 $ 56,750,210.08 May 2012 $ 54,785,593.59 June 2012 $ 52,853,776.96 July 2012 $ 50,954,950.92 August 2012 $ 49,089,303.13 September 2012 $ 47,256,964.47 October 2012 $ 45,458,102.22 November 2012 $ 43,692,899.83 December 2012 $ 41,961,531.99 January 2013 $ 40,264,131.15 February 2013 $ 38,600,893.41 March 2013 $ 36,972,021.78 April 2013 $ 35,377,720.40 May 2013 $ 33,818,182.16 June 2013 $ 32,293,605.97 July 2013 $ 30,804,168.47 August 2013 $ 29,350,037.10 September 2013 $ 27,931,376.25 October 2013 $ 26,548,312.27 November 2013 $ 25,200,986.01 December 2013 $ 23,889,443.05 January 2014 $ 22,613,798.14 February 2014 $ 21,374,249.30 March 2014 $ 20,171,008.00 April 2014 $ 19,004,275.54 May 2014 $ 17,874,230.73 June 2014 $ 16,781,029.78 July 2014 $ 15,724,806.45 August 2014 $ 14,705,385.41 September 2014 $ 13,722,522.38 October 2014 $ 12,775,755.41 November 2014 $ 11,864,578.14 December 2014 $ 10,988,334.31 January 2015 $ 10,146,449.53 February 2015 $ 9,339,018.72 Appendix A to the Sale and Servicing Agreement (VALET 2012-1) X-1 Payment Date Xxxxx Xxxxxxxxxx Xxxxxxxxxxxxxxxxxxxxx Xxxxxx Xxxxx 0000 $ 8,566,238.33 April 2015 $ 7,828,302.95 May 2015 $ 7,125,389.99 June 2015 $ 6,457,664.81 July 2015 $ 5,825,251.02 August 2015 $ 5,228,137.63 September 2015 $ 4,666,247.32 October 2015 $ 4,139,310.04 November 2015 $ 3,647,055.67 December 2015 $ 3,189,146.62 January 2016 $ 2,765,166.49 February 2016 $ 2,375,177.55 March 2016 $ 2,019,365.79 April 2016 $ 1,697,861.98 May 2016 $ 1,410,654.65 June 2016 $ 1,157,749.19 July 2016 $ 938,895.50 August 2016 $ 752,897.56 September 2016 $ 597,808.42 October 2016 $ 470,435.60 November 2016 $ 367,302.52...
Yield Supplement Overcollateralization Amount means with respect to any Payment Date, the dollar amount set forth next to such Payment Date on Schedule B to the Sale and Servicing Agreement. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. Unless otherwise inconsistent with the terms of this Agreement, all accounting terms used herein shall be interpreted, and all accounting determinations hereunder shall be made, in accordance with GAAP. Amounts to be calculated hereunder shall be continuously recalculated at the time any information relevant to such calculation changes. APPENDIX B REGULATION AB REPRESENTATIONS, WARRANTIES AND COVENANTS PART I
Yield Supplement Overcollateralization Amount means, with respect to any Distribution Date, the amount specified on the Yield Supplement Overcollateralization Schedule with respect to such Distribution Date.
Yield Supplement Overcollateralization Amount means, (a) with respect to the Closing Date, the aggregate amount by which (1) the Principal Balance, as of the Cutoff Date, of each Receivable (other than any Liquidated Receivables and, if applicable, any FDIC Receivables) with an APR of less than the Required Rate exceeds (2) the present value (calculated using a discount rate equal to the Required Rate) of the sum of the Scheduled Payments due on each such Receivable, assuming that (x) all such Scheduled Payments are made on the last day of each month and (y) each month has 30 days, or (b) with respect to each Payment Date, the aggregate amount by which (i) the Principal Balance, as of the last day of the related Collection Period, of each Receivable (other than any Liquidated Receivables and, if applicable, any FDIC Receivables) with an APR of less than the Required Rate exceeds (ii) the present value (calculated using a discount rate equal to the Required Rate) of the sum of the Scheduled Payments due on each such Receivable, assuming that (x) all such Scheduled Payments are made on the last day of each month and (y) each month has 30 days.