Examples of Available Collection Amount in a sentence

By the close of business on the fourth Business Day prior to each Payment Date, the Master Servicer shall cause the Servicer to withdraw from the Collection Account the Available Collection Amount and deposit such into the Note Payment Account for such Payment Date.
On the second Business Day prior to each Payment Date, the Indenture Trustee (based on information provided by the Servicer for such Payment Date) shall withdraw from the Collection Account the Available Collection Amount as a distribution in respect of the Grantor Trust Certificate pursuant to Section 5.02 of the Grantor Trust Agreement and deposit such into the Note Payment Account for such Payment Date.
On the second Business Day prior to each Distribution Date, the Indenture Trustee (based on information provided by the Servicer for such Distribution Date) shall withdraw from the Collection Account the Available Collection Amount and deposit such into the Note Distribution Account for such Distribution Date.
On the Remittance Date of each month the Servicer shall instruct the Indenture Trustee to withdraw from the Collection Account the Available Collection Amount and deposit such Available Collection Amount into the Note Distribution Account for such month's Distribution Date.
The Security Trustee shall apply the Available Collection Amount to make a deposit into the Maintenance Reserve Account on each such Payment Date in accordance with the Security Agreement.

More Definitions of Available Collection Amount

Available Collection Amount. An amount equal to the sum of: (i) all amounts received on the Home Loans or required to be paid by the Servicer, the Transferor or the Seller during the related Due Period (exclusive of amounts not required to be deposited in the Collection Account and amounts permitted to be withdrawn by the Indenture Trustee from the Collection Account pursuant to Section 5.01(d) of this Agreement) as reduced by any portion thereof that may not be withdrawn therefrom pursuant to an order of a United States bankruptcy court of competent jurisdiction imposing a stay pursuant to Sectxxx 000 xx xxx Xxxxxx Xxxxxx Xxxkruptcy Code; (ii) in the case of a Distribution Date relating to a Due Period that occurs prior to the end of the Funding Period, an amount from the Capitalized Interest Account sufficient to fund any shortfall in the Interest Distribution Amount attributable to the amounts in the Pre-Funding Account; (iii) in the case of the Pre-Funding Termination Distribution Date, amounts, if any, remaining in the Pre-Funding Account at the end of the Funding Period (net of reinvestment income, which shall be transferred to the Capitalized Interest Account); (iv) with respect to the final Distribution Date or an early redemption or termination of the Offered Securities pursuant to Section 11.02, the Termination Price, and (v) any and all income or gain from investments in the Collection Account.

Available Collection Amount. With respect to any Distribution Date, an amount equal to the sum of: (i) all amounts received on the Mortgage Loans or required to be paid by the Servicer or the Transferor during the related Due Period (exclusive of amounts not required to be deposited by the Servicer in the Collection Account pursuant to Section 5.01(b)(1) and amounts permitted to 2 7 be withdrawn by the Indenture Trustee from the Collection Account pursuant to Section 5.01(b)(3) of this Agreement) as reduced by any portion thereof that may not be withdrawn therefrom pursuant to an order of a United States bankruptcy court of competent jurisdiction imposing a stay pursuant to Sectxxx 000 xx xxx Xxxxxx Xxxxxx Xxxkruptcy Code; (ii) with respect to the final Distribution Date or an early redemption or termination of the Securities pursuant to Section 11.02, the Termination Price; (iii) the Purchase Price paid for any Mortgage Loans required to be purchased pursuant to Section 3.06 prior to the related Determination Date and (iv) the Capitalized Interest Requirement, if any, with respect to such Distribution Date.

Available Collection Amount. With respect to any Distribution Date, the Fixed Rate Pool and the Group I Certificates, the Group I Available Collection Amount. With respect to any Distribution Date, the Adjustable Rate Pool and the Group II Certificates, the Group II Available Collection Amount.

Available Collection Amount. With respect to a Payment Date, an amount equal to all funds on deposit in the Collection Account on the third Business Day prior to such Payment Date that represent amounts received on the Home Loans or required to be paid by the Servicer or the Seller during the related Due Period (exclusive of (i) any interest payments and proceeds therefrom representing interest received on or after the May 1, 1997 Cut-Off Date and prior to June 1, 1997 and (ii) any amount to be withdrawn by the Indenture Trustee from the Collection Account on such date pursuant to Section 5.01(d) of this Agreement) as reduced by any portion thereof that may not be withdrawn therefrom pursuant to an order of a United States bankruptcy court of competent jurisdiction imposing a stay pursuant to Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Bankruptcy Code.

Available Collection Amount. With respect to any Distribution Date, an --------------------------- amount without duplication equal to the sum of: (i) all amounts received on the Home Loans or required to be paid by the Servicer, the Transferor or the Depositor during the related Due Period (exclusive of amounts not required to be deposited by the Servicer in the Collection Account pursuant to Section ------- 5.01(b)(1) and amounts permitted to be withdrawn by the Indenture Trustee

Available Collection Amount. With respect to any Distribution Date, the sum of (a) all amounts received in respect of the Mortgage Loans or paid by the Servicer, the Seller or the Depositor (exclusive of amounts not required to be deposited in the Collection Account) during the related Due Period (and, in the case of amounts required to be paid by the Seller in connection with the purchase or substitution of a Deleted Mortgage Loan, deposited in the Collection Account on or before the related Determination Date), as reduced by any portion thereof that may not be withdrawn therefrom pursuant to an order of a United States bankruptcy court of competent jurisdiction imposing a stay pursuant to Xxxxxxx 000 xx xxx Xxxxxx Xxxxxx Bankruptcy Code, (b) with respect to the final Distribution Date, or an early redemption or termination of the Securities pursuant to Section 8.01(b), the Termination Price, and (c) any income or gain from investment of funds in the Collection Account.]

Available Collection Amount. With respect to any Payment Date, an amount without duplication equal to the sum of: (i) all amounts received on the Home Loans or required to be paid by the Servicer or the Transferor during the related Due Period (exclusive of amounts not required to be deposited by the Servicer in the Collection Account pursuant to Section 5.01(b)(1) hereof and amounts permitted to be withdrawn by the Indenture Trustee from the Collection Account pursuant to Section 5.01(b)(3) hereof); (ii) any and all income or gain from investments in the Collection Account, Note Payment Account and Certificate Distribution Account; (iii) upon exercise of optional termination of the Notes pursuant to Section 11.02 hereof, the Termination Price; and (iv) the Purchase Price paid for any Home Loans purchased pursuant to Section 3.05 hereof prior to the related Determination Date and the Substitution Adjustment to be deposited in the Collection Account in connection with any substitution, in each case prior to the related Determination Date.