Collection Account Balance definition

Collection Account Balance means, with respect to each Collection Account, as of any date, the balance on deposit in such Collection Account as of the close of business on the immediately preceding Business Day.
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Collection Account Balance means, on any day, the amount of cash on deposit in the Collection Account.
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Collection Account Balance means the balance of monies from time to time standing to the credit of the Collection Account.
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Examples of Collection Account Balance in a sentence

  • Sources and Uses of Collection Account Balance Pool 3 Pool 4 Wtd.

  • For the avoidance of doubt, the Collection Account Balance may be negative, and, in such event, suchnegative balance will accrue interest on a daily basis at the USD-LIBOR Overnight Rate for such day.

  • Any amount by which the Collection Account Balance will be increased or reduced on any day and which is denominated or payable, as the case may be, in EUR will be converted to USD at the USD/EUR spot rate applicable on such day, as determined by the Determination Agent acting in a commercially reasonable manner.

  • The amount notionally standing to the credit (or debit) of the Collection Account (including interest accrued thereon) (such amount on any relevant date of determination, the Collection Account Balance) on the Trade Date will equal an amount equal to the Outstanding Principal Amount and subsequent to the Trade Date shall be adjusted to account for payments to or from such account in accordance with the provisions hereof.

  • On any Business Day on which Revolving Loans are outstanding and funds are on deposit in the Master Collection Account, Collateral Agent shall transfer from the Master Collection Account an amount equal to the Master Collection Account Balance to prepay outstanding Revolving Loans.

  • The payment of the Portfolio Manager Fees will be funded by corresponding payments under the Reference Portfolio TRS to the extent that the Collection Account Balance is in excess of such Portfolio Manager Fees (combined with the Principal Protection Fees).

  • Sources and Uses of Collection Account Balance pool 2 pool 3 Initial Pool Balance Wtd.

  • Outstanding Amount and Collection Account Balance as of Current Payment Date (after giving effect to payments to be made on such Payment Date): Tranche i.

  • Sources and Uses of Collection Account Balance Cut-off Date pool 1 pool 2 pool 3 Initial Pool Balance $600,998,991.37 Wtd.

  • Sources and Uses of Collection Account Balance Pool 4 Pool 5 Pool 6 Wtd.

Related to Collection Account Balance

  • Principal Accumulation Account Balance means, for any date of determination, the principal amount, if any, on deposit in the Principal Accumulation Account on such date of determination.

  • Distribution Accounts Collectively, the Upper-Tier REMIC Distribution Account, the Lower-Tier REMIC Distribution Account, the Excess Interest Distribution Account (and in each case any subaccount thereof), all of which may be subaccounts of a single Eligible Account.

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

  • Accumulation Account The account designated as such, established and maintained pursuant to Section 5.01(a)(iii) of the Trust Sale and Servicing Agreement.

  • 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.

  • Principal Funding Account Balance means, with respect to any date of determination during the Controlled Accumulation Period, the principal amount, if any, on deposit in the Principal Funding Account on such date of determination.

  • Distribution Account Deposit Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

  • Specified Reserve Account Balance means, for any Payment Date, an amount equal to 2.00% of the Pool Balance as of the Cut-Off Date; provided, however, on any Payment Date after the Notes are no longer Outstanding following payment in full of the principal and interest on the Notes, the “Specified Reserve Account Balance” shall be $0.

  • Employer Contribution Account means, for any Participant, the account established by the Administrator or Trustee to which Employer Contributions made under Section 3.5 for the Participant's benefit are credited.

  • Collection Accounts As defined in Section 3.10(a).

  • Account Balance means, with respect to a Participant, an entry on the records of the Employer equal to the sum of (i) the Deferral Account balance, (ii) the Company Contribution Account balance, and (iii) the Company Restoration Matching Account balance. The Account Balance shall be a bookkeeping entry only and shall be utilized solely as a device for the measurement and determination of the amounts to be paid to a Participant, or his or her designated Beneficiary, pursuant to this Plan.

  • Note Distribution Account means the account designated as such, established and maintained pursuant to Section 5.1(a)(ii).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • 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.

  • Aggregate Account means, with respect to each Participant, the value of all accounts maintained on behalf of a Participant, whether attributable to Employer or Employee contributions, subject to the provisions of Section 9.2.

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

  • Collections Account has the meaning given to such term in Section 3.01(a) hereof.

  • Company Contribution Account means (i) the sum of the Participant’s Company Contribution Amounts, plus (ii) amounts credited or debited to the Participant’s Company Contribution Account in accordance with this Plan, less (iii) all distributions made to the Participant or his or her Beneficiary pursuant to this Plan that relate to the Participant’s Company Contribution Account.

  • Principal Distribution Account means the account by that name established and maintained pursuant to Section 4.1 of the Sale and Servicing Agreement.

  • Matching Contribution Account means the separate, individual account established on behalf of a Participant to which the Matching Contributions made on such Participant's behalf are credited, together with all earnings and appreciation thereon, and against which are charged any withdrawals, loans and other distributions made from such account and any losses, depreciation or expenses allocable to amounts credited to such account.

  • Note Account As defined in the Indenture.

  • Contribution Account means an account, or accounts, into which the Accountholder and employer contributions are deposited by the TPA, and from which HSA dollars are swept into the Cash Account.

  • Upper-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Upper-Tier REMIC.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Lower-Tier Distribution Account A subaccount of the Distribution Account, which shall be an asset of the Trust Fund and the Lower-Tier REMIC.

  • Rollover Contribution Account means the separate Account maintained for a Member to record such Member's share of the Trust Fund attributable to any Rollover Contribution made to the Plan on his behalf.