Available Amounts definition

Available Amounts means, with respect to any Distribution Date, the sum of Available Interest and Available Principal for such Distribution Date.

Available Amounts means, with respect to any Distribution Date, the sum of (i) all Collections received by the Servicer during the related Collection Period, (ii) the sum of the Repurchase Payments deposited into the Collection Account with respect to each Receivable that is to become a Repurchased Receivable on such Distribution Date and (iii) in the case of an Optional Purchase, the Optional Purchase Price.

Available Amounts means, with respect to any Payment Date, the sum of the following amounts (without duplication) with respect to the related Collection Period: (i) all Collections on Receivables, (ii) the Purchased Amount of each Receivable that becomes a Purchased Receivable, (iii) Advances, (iv) Recoveries and (v) any amounts paid by the Servicer in connection with a purchase of Receivables pursuant to Section 9.01(a) hereof.

Examples of Available Amounts in a sentence

• The Servicer shall make all deposits of Collections and other Available Amounts identified into the Collection Account on the second Business Day following identification thereof.

• As, and to the extent, set forth in Section 5.06(c), the Relevant Trustee will deposit Available Amounts into the Reserve Account on each Distribution Date as provided in the Servicer’s Certificate, until the amount on deposit therein equals the Specified Reserve Account Balance.

• The Sponsor acknowledges and agrees that amounts owing to the Asset Representations Reviewer in respect of the indemnification provided hereunder shall not be limited to or reduced by the amount of Available Amounts on deposit in the Collection Account, except to the extent that such Available Amounts have been allocated to make a payment to the Asset Representations Reviewer on the next-occurring Distribution Date pursuant to Section 5.06 of the Sale and Servicing Agreement.

• The Sponsor acknowledges and agrees that amounts owing to the Asset Representations Reviewer in respect of the indemnification provided hereunder shall not be limited to or reduced by the amount of Available Amounts on deposit in the Collection Account, except to the extent that such Available Amounts have been allocated to make a payment to the Asset Representations Reviewer on the next-occurring Payment Date pursuant to Section 8.04 of the Indenture.

• All Investment Earnings on funds on deposit in the Trust Accounts shall be deemed to constitute a portion of the Available Amounts.

More Definitions of Available Amounts

Available Amounts means, with respect to any Payment Date, the sum of Available Principal and Available Interest.

Available Amounts means, for any Payment Date (without duplication):

Available Amounts means, with respect to any Payment Date, the sum of the following amounts (without duplication) with respect to the related Collection Period: (i) all Collections on Receivables, (ii) the Purchased Amount of each Receivable that becomes a Purchased Receivable, (iii) Advances, (iv) Recoveries, and (v) any amounts paid by the Servicer in connection with a purchase of Receivables pursuant to Section 9.01(a) of the Sale and Servicing Agreement; provided, however, that Available Amounts shall not include any payments or other amounts (including Liquidation Proceeds and Recoveries received with respect to any Receivable) to the extent that the Servicer has elected to receive reimbursement from payments in respect of such Receivable or other amounts prior to such Payment Date pursuant to Section 5.08 of the Sale and Servicing Agreement.

Available Amounts means, with respect to any Payment Date, the sum of the following amounts (without duplication) with respect to the related Collection Period: (i) all Collections on Receivables, (ii) the Purchased Amount of each Receivable that becomes a Purchased Receivable, (iii) Advances, (iv) Recoveries, (v) any amounts paid by the Servicer in connection with a purchase of Receivables pursuant to Section 9.01(a) of the Sale and Servicing Agreement and (vi) any Investments Earnings on amounts on deposit in the Reserve Account; provided, however, that Available Amounts shall not include any payments or other amounts (including Liquidation Proceeds and Recoveries received with respect to any Receivable) to the extent that the Servicer has elected to receive reimbursement from payments in respect of such Receivable or other amounts prior to such Payment Date pursuant to Section 5.08 of the Sale and Servicing Agreement.

Available Amounts is defined in the Indenture.

Available Amounts means, with respect to any Payment Date all payments made by or on behalf of the Obligors (excluding any late fees, prepayment charges, assumption fees, modifications and other administrative fees or similar charges allowed by applicable law with respect to the Loans that constitute part of the Servicing Fees) received during the related Collection Period; any Recoveries received during the related Collection Period; any Swap Payments Incoming and any Swap Termination Payments received pursuant to the Swap Agreement with respect to such Payment Date; any proceeds from insurance policies covering the Equipment or related Obligor received during the related Collection Period; Liquidation Proceeds received with respect to the related Collection Period; the Purchase Amount of each Loan that became a Purchased Loan during the related Collection Period (to the extent deposited into the Collection Account); Investment Earnings for such Payment Date; Servicing Advances received during the related Collection Period; and payments made by a lessee pursuant to its obligation (if any) to pay the Termination Value pursuant to the related Loan received during the related Collection Period; provided, however, that the Available Amounts shall not include all payments or proceeds (including Liquidation Proceeds) of any Loans the Purchase Amount of which has been included in the Available Amounts in a prior Collection Period; provided further, with respect to the first Payment Date, Available Amounts will exclude payments and proceeds of interest on the Loans from the Cut-off Date through [ _____ ].

Available Amounts shall have the meaning assigned to it in Section 12.15 of the Funding Agreement.