Common use of (Net Break Receipt Clause in Contracts

(Net Break Receipt. If there is a Net Break Receipt on a Determination Date, the Trustee must: (i) treat the Break Costs in relation to the immediately preceding Collection Period as Finance Charge Collections in relation to that Collection Period; and (ii) treat any amount received from the Interest Rate Swap Provider on the immediately following Distribution Date in respect of the Net Break Receipt in accordance with the Interest Rate Swap Agreement as an Available Income Amount with respect to that Distribution Date.

(Net Break Receipt. If there is a Net Break Receipt on a Determination Date, the Trustee must: (i) treat the Break Costs in relation to the immediately preceding Collection Period as Finance Charge Collections in relation to that Collection Period; and (ii) treat any amount received from the Interest Rate Swap Provider on the immediately following Monthly Distribution Date or Quarterly Distribution Date, as applicable, in respect of the Net Break Receipt in accordance with the Interest Rate Swap Agreement as an Available Income Amount with respect to that Monthly Distribution DateDate or Quarterly Distribution Date (as applicable).