Daily Remittance is defined in Section 6.11(a) of the Servicing Agreement.
Daily Remittance has the meaning specified in Section 6.12(a).
Daily Remittance means all Estimated Environmental Control Charge Collections (from whatever source) and all proceeds of other collateral of the Issuer, if any, received by the Servicer and remitted each Servicer Business Day by the Servicer to the Indenture Trustee for deposit in the appropriate Collection Account, in accordance with Section 5.11(a) of the Servicing Agreement.
Examples of Daily Remittance in a sentence
Prior to each Daily Remittance, the Servicer may invest Fixed Recovery Charge Payments received at its own risk and (except as required by applicable CPUC Regulations) for its own benefit.
More Definitions of Daily Remittance
Daily Remittance means the remittance of Securitization Charges to the General Subaccount of the Collection Account as described in Section 6.11(a) of the Servicing Agreement.
Daily Remittance means the Securitization Charges collected on such Servicer Business Day.
Daily Remittance means the remittance of Securitization Charges to the General Subaccount of the appropriate Collection Account as described in Section 6.11(a) of the Servicing Agreement.