Aggregate Collections means the aggregate amount received by the Security Portfolio Owners and/or Collection Companies (without double counting) in the relevant Financial Quarter.
Aggregate Collections has the meaning set forth in Section 4.19(c).
Aggregate Collections means, for any Test Period, the aggregate amount of Collections deposited in the Collection Account during such Test Period; provided that, solely for purposes of calculating “Aggregate Collections” for any Test Period that includes (a) any one or more of the Fiscal Quarters ended September 30, 2023, and December 31, 2023, Collections shall be deemed to be have been deposited into the Collection Account during such Fiscal Quarter in an amount equal to $4,161,608 and
Examples of Aggregate Collections in a sentence
Total Payment Rate (Aggregate Collections during the Due Period divided by the aggregate amount of Receivables in the Trust as of the first day of the Due Period) 8.63% 10.
Aggregate Collections shall constitute minimum 95% of ERC for the same set of portfolios, measured monthly on a quarterly basis.
Total Payment Rate (Aggregate Collections during the Due Period divided by the aggregate amount of Receivables in the Trust as of the first day of the Due Period) 8.87% 10.
Total Payment Rate (Aggregate Collections during the Due Period divided by the aggregate amount of Receivables in the Trust as of the first day of the Due Period) 8.09% 10.
For each Monthly Settlement Report selected, we will compare the Aggregate Collections balance to the sum of the corresponding collections balances from all Daily Reports produced during the relevant Settlement Period.
More Definitions of Aggregate Collections
Aggregate Collections means the sum of all amounts paid on a Receivable plus all amounts deemed paid on any Sold Receivable under Section 1.5(b) or that would be deemed paid under Section 1.5(b) if such Receivable were a Sold Receivable.
Aggregate Collections means, at any time, the aggregate amount of collections in respect of the Retained Receivables received after the date hereof by the Holder, but in no event shall such amount exceed $7,500,000.
Aggregate Collections means, for any Test Period, the aggregate amount of Collections deposited in the Collection Account during such Test Period; provided that solely for purposes of calculating “Aggregate Collections” for any Test Period that includes any one or more of the Fiscal Quarters ended December 31, 2020, March 31, 2021 and June 30, 2021, Collections shall be deemed to be have been deposited into the Collection Account during such Fiscal Quarter in an amount equal to $12,611,877, $7,146,620 and $14,283,724, respectively.
Aggregate Collections means, for any Test Period, the aggregate amount of Collections deposited in the Collection Account during such Test Period; provided that: (a) solely for purposes of calculating “Aggregate Collections” for any Test Period that includes any one or more of the Fiscal Quarters ended June 30, 2022, September 30, 2022 and December 31, 2022, Collections shall be deemed to be have been deposited into the Collection Account during such Fiscal Quarter in an amount equal to $7,755,635, $10,559,676 and $ 3,821,512 for such Fiscal Quarters; and (b) solely for purposes of calculating “Aggregate Collections” for any Test Period that includes the Fiscal Quarter ended March 31, 2023, Collections shall be deemed to have been deposited into the Collection Account during such Fiscal Quarter in an amount equal to (1) $1,643,178 plus (2) the actual amount of Collections deposited into the Collection Account during the period from and including the Business Day following the Closing Date through and including March 31, 2023. “Aggregate Commitments” means the Commitments of all the Lenders. “Agreement” means this Credit Agreement, as the same may be amended, supplemented or otherwise modified from time to time. “AML Laws” has the meaning set forth in Section 10.01. “Amortization Amount” means, with respect to the Loans of each Class on any Interest Payment Date, an amount equal to the product of (a) the aggregate initial principal balance of the Term Loans of such Class on such date (for the avoidance of doubt, determined prior to payments made on such Class of Loans on such date) multiplied by (b) a percentage equal to at any time prior to the Anticipated Repayment Date, 2.5%, divided by (c) four, in each case, together with any accrued but unpaid Amortization Amounts from prior Interest Payment Dates; provided, that, at any time on or after the Anticipated Repayment Date, the “Amortization Amount” shall be in an aggregate principal amount equal to 100% of remaining cash on deposit in the Payment Account. “Anti-Corruption Laws” means, to the extent applicable, (a) the U.S. Foreign Corrupt Practices Act of 1977, as amended; (b) the U.K. Xxxxxxx Xxx 0000, as amended; and (c) any other anti-bribery or anti-corruption laws, regulations or ordinances in any jurisdiction in which any Group Member is located or doing business. “Anti-Money Laundering Laws” means applicable law, rule or regulation in any jurisdiction in which any Group Member is located or doing business that relates t...