Current Carrying Costs definition

Current Carrying Costs means, on any Business Day during any Distribution Period, the sum of (i) the amount of accrued and unpaid interest on the Series 1996-1 Certificates through such Business Day, (ii) the amount of additional interest that will be accrued and unpaid on the Series 1996-1 Certificates through the last day of such Distribution Period at the interest rates applicable to the Invested Amount as of such Business Day, (iii) the amount of the Servicing Fee that will be payable on the next Distribution Date, (iv) the amount of accrued and unpaid Non- Usage Fees with respect to the Class A Certificates through such Business Day, and (v) the amount of Non-Usage Fees that will accrue and be payable on the next Distribution Date based on the current Stated Amount and Invested Amount of the Class A Certificates.
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Current Carrying Costs means, during any Distribution Period, an amount equal to the sum of (i) the amount of interest (including additional interest pursuant to Section 4.1(d)) on the Series 1998-1 Certificates and the amount of the Servicing Fee that shall be payable on the next Distribution Date, plus (ii) accrued and unpaid expenses described in Section 7.2(l)(C) of the Pooling Agreement, plus (iii) the Monthly Trustee Payment Amount, plus (iv) accrued and unpaid Transition Costs, plus (v) the Commitment Fee Reserve Amount.
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Current Carrying Costs means, during any Distribution Period, an amount equal to the sum of (i) the amount of interest (including additional interest pursuant to Section 4.1(d)) on the Series 1998-3 Certificates and the amount of the Servicing Fee that shall be payable on the next Distribution Date, plus (ii) accrued and unpaid expenses described in Section 7.2(l)(C) of the Pooling Agreement, plus (iii) the Monthly Trustee Payment Amount, plus (iv) accrued and unpaid Transition Costs.
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Examples of Current Carrying Costs in a sentence

  • On each Business Day, Servicer shall calculate the Series Collection Allocation Percentage (and the Required Receivables), the Current Carrying Costs and, prior to the Group Amortization Period, the Base Amount and the Net Invested Amount.


More Definitions of Current Carrying Costs

Current Carrying Costs means, for any Payment Period, the sum of (i) the Monthly Interest on the Series 2000-1 Notes that will be payable on the next Payment Date, (ii) the amount of interest payable on the next Payment Date on all Notes in Series other than Series 2000-1 that are within Group I and (iii) the Monthly Servicing Fee that will be payable on the next Payment Date.
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Current Carrying Costs means, on any Business Day during any Distribution Period, and with respect to each Class of Certificates, the sum of (i) the amount of accrued and unpaid interest on the Certificates through such Business Day, (ii) the amount of additional interest that will be accrued and unpaid on the Certificates through the last day of such Distribution Period at the interest rates applicable to the Invested Amount as of such Business Day, (iii) the Servicing Fee payable to the Servicer, and (iv) the amount of the Trustee Fee that will be payable on the next Distribution Date.
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Current Carrying Costs means, at any time, the amount of interest on the Series 1996-1 Certificates and the amount of the Servicing Fee that will be payable on the next Distribution Date.
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Current Carrying Costs means, on any date of determination, an amount determined by reference to the following formula: [C x DR x (30/360)] where:
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Related to Current Carrying Costs

  • Basic Carrying Costs means, for any period, the sum of the following costs: (a) Taxes, (b) Other Charges and (c) Insurance Premiums.

  • Carrying Costs With respect to any Payment Date, the sum of amounts payable under Section 2.7(a)(iv)(A)-(C).

  • Carrying Cost means book value of the assets and interest accrued thereon but not received;

  • Current Expenses means operating costs other than personal services and shall not

  • Training costs means reasonable costs incurred to upgrade the technological skills of Full-Time Employees in Illinois and includes: curriculum development; training materials (including scrap product cost); trainee domestic travel expenses; instructor costs (including wages, fringe benefits, tuition and domestic travel expenses); rent, purchase or lease of training equipment; and other usual and customary training cots. “Training costs” do not include, except where the Company receives prior written approval of the Department, costs associated with travel outside the United States, wages and fringe benefits of employees during periods of training, administrative costs related to Full-Time Employees of the Taxpayer, or amounts paid to an affiliate of the Company.

  • Broken Funding Costs means for any Purchaser Interest which: (i) has its Capital reduced without compliance by Seller with the notice requirements hereunder or (ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned under Article XIII or terminated prior to the date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Tranche Periods or the tranche periods for Commercial Paper determined by the Agent to relate to such Purchaser Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate Reduction was designated to occur pursuant to the Reduction Notice) of the Capital of such Purchaser Interest if such reduction, assignment or termination had not occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital is allocated to another Purchaser Interest, the amount of CP Costs or Yield actually accrued during the remainder of such period on such Capital for the new Purchaser Interest, and (y) to the extent such Capital is not allocated to another Purchaser Interest, the income, if any, actually received during the remainder of such period by the holder of such Purchaser Interest from investing the portion of such Capital not so allocated. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand.

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Class Expenses means expenses incurred by a particular Class in connection with a shareholder services arrangement or a distribution plan that is specific to such Class or any other differing share of expenses or differing fees, in each case pursuant to a plan adopted by the Trust pursuant to Rule 18f-3 under the 1940 Act, as such plan or Rule may be amended from time to time;

  • Workout-Delayed Reimbursement Amount has the meaning set forth in subsection (II)(i) of Section 5.2(a).

  • Trust Expenses means any liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Trust.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Start-Up Costs means all fees, costs, and expenses incurred in connection with establishing the State Mitigation Trust and the Indian Tribe Mitigation Trust and setting them up for operation. Start-up costs shall not include the cost of premiums for insurance policies.

  • Advance Reimbursement Amounts As defined in Section 3.29 hereof.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Capitalization Reimbursement Amount As to any Distribution Date, the amount of Advances or Servicing Advances that were added to the Stated Principal Balance of the related Mortgage Loans during the prior calendar month and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date pursuant to Section 3.10(a)(vii), plus the Capitalization Reimbursement Shortfall Amount remaining unreimbursed from any prior Distribution Date and reimbursed to the Master Servicer or Subservicer on or prior to such Distribution Date.

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of all interest accruing on the Indebtedness of such Person during such period (including interest attributable to Capital Leases).

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Advance Reimbursement Amount has the meaning stated in Section 4.4(b) of the Servicing Supplement.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Carrying Charges or "rental" means all regular charges paid on a periodic basis to a housing corporation by a person or family living in a rental or cooperative housing project, excluding initial down payments.

  • Monthly Earnings means your gross monthly income from your Employer, not including shift differential, in effect just prior to your date of disability. It includes your total income before taxes. It is prior to any deductions made for pre-tax contributions to a qualified deferred compensation plan, Section 125 plan or flexible spending account. It does not include income received from commissions, bonuses, overtime pay or any other extra compensation or income received from sources other than your Employer.

  • Incidental Expenses means those expenses incidental to the performance of construction pursuant to an Interconnection Construction Service Agreement, including, but not limited to, the expense of temporary construction power, telecommunications charges, Interconnected Transmission Owner expenses associated with, but not limited to, document preparation, design review, installation, monitoring, and construction-related operations and maintenance for the Customer Facility and for the Interconnection Facilities.

  • Accrual Period With respect to each Payment Date, the period beginning on and including the prior Payment Date (or, in the case of the first Payment Date, the Closing Date) and ending on and including the day preceding such Payment Date.

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

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