Excess Available Funds definition

Excess Available Funds means, for the MBNAseries for any month, the Available Funds allocable to the MBNAseries remaining after application to cover targeted deposits to the interest funding account, payment of the portion of the master trust II servicing fee allocable to the MBNAseries, and application to cover any defaults on principal receivables in master trust II allocable to the MBNAseries or any deficits in the nominal liquidation amount of the MBNAseries notes.
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Excess Available Funds means, with respect to any Monthly Period, the aggregate amount of BAseries Available Funds minus the sum of the amounts, without duplication, determined pursuant to Sections3.01(a) through (d).
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Excess Available Funds. With respect to any Payment Date and Group, the amount of Available Funds in respect of such Group remaining after distributions are made in respect of such Group pursuant to Sections 5.01(a)(i)-(vi).
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Examples of Excess Available Funds in a sentence

  • The Issuer shall reallocate and redistribute certain excess Available Funds to cover Series Available Funds Shortfalls incurred by Excess Available Funds Sharing Series in a particular Excess Available Funds Sharing Group as specified in the related Indenture Supplements; provided, however, that the Beneficiary may, at any time, direct the Indenture Trustee to, and the Indenture Trustee will, discontinue the sharing of excess Available Funds among series.

  • Any Shared Excess Available Funds allocable to the BAseries will be treated as BAseries Available Funds pursuant to Section 3.27(a).

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period10.44%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period9.83%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period10.65%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period13.96%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period10.59%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period10.69%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period10.47%†The following table sets forth the delinquency experience for cardholder payments on the credit card accounts comprising the Master Trust II Portfolio for each of the dates shown.

  • Three Month Average Excess Available Funds Percentage for the related Monthly Period4.48% FIA CARD SERVICES, NATIONAL ASSOCIATION, Servicer Name: Stephanie L.


More Definitions of Excess Available Funds

Excess Available Funds means, with respect to any series of notes, the amount by which Available Funds allocable to such series exceed the sum of (1) the aggregate amount targeted to be deposited in the interest funding account with respect to such series, (2) the portion of the master trust II servicing fee allocable to such series, (3) the defaults on receivables in master trust II allocable to such series and (4) the aggregate amount of any nominal liquidation amount deficits with respect to such series.
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Excess Available Funds means, with respect to any Monthly Period, the aggregate amount of WFCardSeries Available Funds minus the sum of the amounts, without duplication, determined pursuant to subsections 4.01(a) through (d).
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Excess Available Funds means, for the BAseries for any month, the Available Funds allocable to the BAseries remaining after application to cover targeted deposits to the interest funding account, payment of the portion of the master trust II servicing fee allocable to the BAseries, and application to cover any defaults on principal receivables in master trust II allocable to the BAseries or any deficits in the nominal liquidation amount of the BAseries notes.
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Excess Available Funds means Available Funds minus the normal current portion of the long-term debt paid during the year, minus 100% of the average unfunded capital expenditures for the past three years, minus 10% of the annual sales growth;
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Excess Available Funds means, for Series [.] for any Monthly Period, the Available Funds allocable to Series [.] remaining after application to cover targeted deposits to the interest funding account, payment of the portion of the master trust II servicing fee allocable
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Excess Available Funds means, for the BAseries for any month, the Available Funds allocable to the
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