Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated FRC Collections remitted to the Collection Account during such Reconciliation Period exceed Actual FRC Collections received by the Servicer during such Reconciliation Period.
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated Securitized Utility Tariff Charge Collections remitted to the Collection Account during such Reconciliation Period exceed Actual Securitized Utility Tariff Charge Collections received by the Servicer during such Reconciliation Period.
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated TC Collections remitted to the Collection Account during such Reconciliation Period exceed Actual TC Collections received by the Servicer during such Reconciliation Period.
Examples of Excess Remittance in a sentence
The Servicer shall calculate the amount of any Remittance Shortfall or Excess Remittance for the immediately preceding Reconciliation Period, and (A) if a Remittance Shortfall exists, the Servicer shall make a supplemental remittance, to the General Subaccount of the Collection Account within ten (10) days, or (B) if an Excess Remittance exists, the Servicer will reduce the Daily Remittance(s) over the next month following the date of the Reconciliation Certificate to the Indenture Trustee.
More Definitions of Excess Remittance
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated Deferred Fuel Cost Charge Collections remitted to the Collection Account during such Reconciliation Period exceed Deferred Fuel Cost Charge Collections during such Reconciliation Period.
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated SRC Collections remitted to the Collection Account during such Reconciliation Period exceed Actual SRC Collections received by the Servicer during such Reconciliation Period.
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated Environmental Control Charge Collections remitted to the Collection Account during such Reconciliation Period exceed Actual Environmental Control Charge Collections received by the Servicer during such Reconciliation Period.
Excess Remittance means the amount, if any, by which Estimated FTA Payments previously remitted to the Collection Account with respect to a Billing Period exceed Actual FTA Payments received by the Servicer attributable to such Billing Period, calculated on or before the Monthly Administrative Date in the seventh calendar month following the applicable Billing Period.
Excess Remittance means the amount, if any, calculated for a particular Reconciliation Period, by which all Estimated EC Charge Collections remitted to the Collection Account during such Reconciliation Period exceed EC Charge Collections received by the Servicer during such Reconciliation Period.
Excess Remittance means the amount, if any, calculated for a particular Collection Period, by which all Estimated Collections remitted to the Collection Account during such Collection Period exceed Storm Recovery Charge Collections received by the Servicer during such Collection Period.
Excess Remittance means the amount, if any, calculated for a particular Collection Period, by which all Estimated CRR Charge Collections remitted to the Collection Account during such Collection Period exceed Actual CRR Charge Collections received by the Servicer during such Collection Period.