Available Noteholder Principal Collections definition

Available Noteholder Principal Collections means, with respect to any Deposit Date falling in the Accumulation Period or an Early Amortization Period, the sum of (a) Noteholder Principal Collections for such Deposit Date and (b) Series 2000-1 Excess Principal Collections allocated to cover any Principal Shortfall for such Deposit Date.
Sample 1
Available Noteholder Principal Collections means, with respect ------------------------------------------ to any Payment Date, the sum of (a) the product of (i) the Series 2000-1 Floating Allocation Percentage, with respect to the Revolving Period, or the Principal Allocation Percentage, with respect to the Series 2000-1 Accumulation Period or any Early Amortization Period, for the related Collection Period, and (ii) Series Allocable Principal Collections deposited into the Collection Account for the related Collection Period, (b) the amount, if any, of Non- Principal Collections, Investment Proceeds, funds in the Reserve Account, and Additional Noteholder Collections allocated to cover the Noteholder Default Amount or to reverse Series 2000-1 Noteholder Charge-Offs, (c) Series Allocable Miscellaneous Payments on deposit in the Collection Account for the Payment Date, and (d) Excess Principal Collections, if any, allocated from other Series to the Series 2000-1 Notes to cover any Principal Shortfall for the Payment Date.
Sample 1
Available Noteholder Principal Collections means, with respect to any Payment Date, (a) the product of (i) the Floating Allocation Percentage, with respect to the Revolving Period, or the Principal Allocation Percentage, with respect to the Series 2005-1 Accumulation Period or any Early Amortization Period, for the related Collection Period, and (ii) Principal Collections deposited into the Collection Account for the related Collection Period, plus (b) the amount, if any, of Non-Principal Collections, Investment Proceeds, funds in the Reserve Account, and Additional Noteholder Collections allocated to cover the Noteholder Default Amount or to reverse Noteholder Charge-Offs, plus (c) Series 2005-1 Miscellaneous Payments on deposit in the Collection Account for the Payment Date, plus (d) Excess Principal Collections, if any, allocated from other Series to the Series 2005-1 Notes to cover any Series 2005-1 Principal Shortfall for the Payment Date, minus (e) the amount of Reallocated Principal Collections for the Payment Date..
Sample 1

Examples of Available Noteholder Principal Collections in a sentence

  • Proceeds treated as $0.00 Available Noteholder Principal Collections Monthly Interest Accrued, but not paid $0.00 Ineligible Receivables $0.00 Excess Funding Account at Date of Determination $0.00 Defaulted Receivables in Ineligible and Overconc.

  • Proceeds treated as $ 0.00 Available Noteholder Principal Collections Monthly Interest Accrued, but not paid $ 0.00 Ineligible Receivables $ 0.00 Excess Funding Account at Date of Determination $ 0.00 Defaulted Receivables in Ineligible and Overconc.

  • Proceeds treated as Available Noteholder Principal Collections $0.00 Monthly Interest Accrued, but not paid $0.00 Ineligible Receivables $0.00 Excess Funding Account at Date of Determination $0.00 Defaulted Receivables in Ineligible and Overconc.

  • Proceeds treated as Available Noteholder Principal Collections $ 0.00 Monthly Interest Accrued, but not paid $ 0.00 Ineligible Receivables $ 0.00 Excess Funding Account at Date of Determination $ 0.00 Defaulted Receivables in Ineligible and Overconc.

  • The Capital ---------- Securities will be guaranteed on a subordinated basis by the Company with respect to distributions and payments upon liquidation, redemption and otherwise pursuant to the Series A Guarantee (the "Guarantee"), to be dated on or about --------- May 6, 1997, between the Company and The Chase Manhattan Bank, as trustee (the "Guarantee Trustee").

  • Application of Noteholder Non-Principal Collections, Investment Proceeds and Available Noteholder Principal Collections..................................................

  • The Servicer will allocate Series 2000-1 Excess Principal Collections and treat as Available Noteholder Principal Collections an amount equal to the Series 2000-1 Principal Shortfall, to the extent available.

  • Principal Collections, --------------------------------------------------- Investment Proceeds and Available Noteholder Principal Collections.

  • The Servicer will allocate ---------------------------- Series 2001-1 Excess Principal Collections and treat as Available Noteholder Principal Collections an amount equal to the Series 2001-1 Principal Shortfall, to the extent available.

  • During the ---------------------------------- Accumulation Period or an Early Amortization Period, the amount of monthly principal (the "Monthly Principal") to be deposited by the Servicer into the Principal Funding Account shall be equal to the Available Noteholder Principal Collections; and provided, however, that for each Payment Date with respect to -------- ------- the Accumulation Period, Monthly Principal shall not exceed the Controlled Deposit Amount for such Payment Date.


More Definitions of Available Noteholder Principal Collections

Available Noteholder Principal Collections means, with respect to any Deposit Date falling in the Accumulation Period or an Early Amortization Period, the sum of (a) Noteholder Principal Collections for such Deposit Date, (b) Series 200_-_ Excess Principal Collections to cover any Principal Shortfall for such Deposit Date, (c) any funds transferred from the Excess Funding Account to the Principal Funding Account on such Deposit Date, and (d) on the Class A Stated Maturity Date or the Class B Stated Maturity Date, funds in the Reserve Fund to the extent of any outstanding Class A Carry-over Amount, in the case of the Class A Stated Maturity Date, or Class B Carry-over Amount, in the case of the Class B Stated Maturity Date (in either event, after giving effect to the distributions to be made on such date).
Sample 1
Available Noteholder Principal Collections means, for any Payment Date, the sum of (a) the product of (i) the Principal Allocation Percentage for the related Settlement Period and (ii) Series Allocable Principal Collections deposited in the Collateral Account for the related Settlement Period; (b) the amount, if any, of Available Noteholder Finance Charge Collections, Available Trust's Principal Collections and Excess Finance Charge Collections allocated to cover the Noteholder Default Amount or to reimburse Noteholder Charge-Offs; (c) Series Allocable Miscellaneous Payments on deposit in the Collateral Account for such Payment Date; and (d) the amount, if any, of funds withdrawn from the Excess Funding Account in connection with the Early Amortization Commencement Date.
Sample 1

Related to Available Noteholder Principal Collections

  • Investor Principal Collections means, with respect to any Monthly Period, the aggregate amount retained in the Collection Account for Series 2007-A pursuant to Section 4.01(c)(ii) for such Monthly Period.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.11 are required to fund the Class A Note Interest Requirement, the Class B Note Interest Requirement and the Net Investor Servicing Fee, plus (c) the amount of Shared Principal Collections with respect to other Series that are allocated to Series 2003-1 in accordance with subsection 4.12(b).

  • Principal Collections means Collections of Principal Receivables.

  • Available Principal Collections means, with respect to any Monthly Period, an amount equal to the sum of (a) (i) an amount equal to the Principal Allocation Percentage of Series 2018-2 Allocable Principal Collections received during such Monthly Period minus (ii) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.08 are required to fund the Required Amount for the related Distribution Date, (b) any Shared Principal Collections with respect to other Series that are allocated to Series 2018-2 in accordance with Section 4.04 of the Agreement and Section 4.11 of this Supplement, and (c) any other amounts which pursuant to Section 4.05 or 4.07 of this Supplement are to be treated as Available Principal Collections with respect to the related Distribution Date.

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Reallocated Class B Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsection 4.12(a) in an amount not to exceed the product of (a) the Class B Investor Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Class B Investor Interest after giving effect to any Class B Investor Charge-Offs for such Transfer Date.

  • Investor Interest Collections means, for a Deposit Date or Collection Period, an amount equal to the product of (a) the Floating Investor Percentage for the related Collection Period, times (b) the Interest Collections for that Deposit Date or Collection Period, as applicable.

  • Principal Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Principal Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Reallocated Principal Collections means, for any Transfer Date, Investor Principal Collections applied in accordance with Section 4.6 in an amount not to exceed the Monthly Principal Reallocation Amount for the related Monthly Period.

  • Investor Finance Charge Collections means, with respect to any Distribution Date, an amount equal to (a) the product of (i) the Floating Allocation Percentage for the related Due Period and (ii) Allocable Finance Charge Collections deposited in the Collection Account for the related Due Period, minus (b) the aggregate amount of Servicer Interchange for the related Due Period.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Unallocated Principal Collections shall have the meaning specified in subsection 4.05(d).

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Principal Collection Subaccount The meaning specified in Section 10.2(a).

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Monthly Principal Reallocation Amount means, for any Monthly Period, an amount equal to the sum of:

  • Class A-P Collection Shortfall With respect to the Cash Liquidation or REO Disposition of a Discount Mortgage Loan and any Distribution Date, the excess of the amount described in Section 4.02(b)(i)(C)(1) over the amount described in Section 4.02(b)(i)(C)(2).

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • REMIC II Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to the product of (i) the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10, REMIC II Regular Interest II-LTM11 and the denominator of which is the aggregate Uncertificated Balance of REMIC II Regular Interest II-LTA1, REMIC II Regular Interest II-LTA2, REMIC II Regular Interest II-LTA3, REMIC II Regular Interest II-LTA4, REMIC II Regular Interest II-LTM1, REMIC II Regular Interest II-LTM2, REMIC II Regular Interest II-LTM3, REMIC II Regular Interest II-LTM4, REMIC II Regular Interest II-LTM5, REMIC II Regular Interest II-LTM6, REMIC II Regular Interest II-LTM7, REMIC II Regular Interest II-LTM8, REMIC II Regular Interest II-LTM9, REMIC II Regular Interest II-LTM10, REMIC II Regular Interest II-LTM11 and REMIC II Regular Interest II-LTZZ.

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • REMIC I Principal Loss Allocation Amount With respect to any Distribution Date, an amount equal to the product of (i) 50% of the aggregate Stated Principal Balance of the Mortgage Loans and REO Properties then outstanding and (ii) 1 minus a fraction, the numerator of which is two times the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and the denominator of which is the aggregate Uncertificated Balance of REMIC I Regular Interest LTA1, REMIC I Regular Interest LTA2, REMIC I Regular Interest LTA3, REMIC I Regular Interest LTA4, REMIC I Regular Interest LTM1, REMIC I Regular Interest LTM2, REMIC I Regular Interest LTM3, REMIC I Regular Interest LTM4, REMIC I Regular Interest LTM5, REMIC I Regular Interest LTM6, REMIC I Regular Interest LTM7, REMIC I Regular Interest LTM8, REMIC I Regular Interest LTM9, REMIC I Regular Interest LTM10, REMIC I Regular Interest LTM11 and REMIC I Regular Interest LTZZ.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.