Expected Collections definition

Expected Collections means an amount, as determined by the Servicer and as set out in each Servicer Report, equal to the sum of (i) the expected monthly instalments to be received in relation to the Financing Contracts underlying the Purchased Receivables and(ii) the expected monthly prepayments, calculated on the basis of a constant prepayment rate of 20 per cent.
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Expected Collections means an amount, as determined by the Servicer and as set out in each Servicer Report, equal to the sum of (i) the expected monthly instalments to be received in relation to the Financing Contracts underlying the Purchased Receivables and
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Expected Collections means an amount, as determined by the Servicer and as set out in each Monthly Investor Report, equal to the sum of (i) the expected monthly Instalments to be received in relation to the Financing Contracts underlying the Purchased Receivables and (ii) the expected monthly prepayments calculated on the basis of a 12 month annualised constant prepayment rate which will be determined by the Servicer on the first Business Day on which the Monthly Remittance Condition is no longer satisfied and which will be re-determined by the Servicer on 25 November (or the next following Business Day) in each calendar year.
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Examples of Expected Collections in a sentence

  • Expected Collections of Financial Guaranty Insurance Gross Premiums Receivable(Undiscounted)____________________(1) Excludes expected cash collections on consolidated FG VIEs of $3 million.

  • Expected Collections ofFinancial Guaranty Insurance Gross Premiums Receivable,Net of Commissions on Assumed Business(Undiscounted) ___________________(1)Excludes expected cash collections on consolidated FG VIEs of $6 million.

  • For any Borrowing Date and any Non-Blocked Account Properties related to the Advance requested for such Borrowing Date, an amount equal to the sum of (a) one-quarter of the aggregate Expected Collections in respect of such Non-Blocked Account Properties and (b) the Monthly Net Cash Flow Reserve Account Shortfall Amount on such Borrowing Date.

  • Expected Collections ofGross Premiums Receivable,Net of Commissions on Assumed Business(Undiscounted) ___________________(1)Excludes expected cash collections on FG VIEs of $15 million.

  • The following tables provide information for contracts accounted for as financial guaranty insurance contracts: Expected Collections of Gross Premiums Receivable, Net of Ceding Commissions(1) (1)Represents nominal amounts expected to be collected.

  • An amount, determined on the Ninety Day Test Date, equal to one-half of the aggregate Expected Collections in respect of the portion of the Property Manager Acknowledgment Properties (determined as of the Ninety Day Test Date) that would, if they were Property Manager Acknowledgment Properties on such date, cause the Property Manager Acknowledgement Ninety Day Requirement to be satisfied.

  • An amount, determined on any day after the One Year Test Date, equal to one-half of the aggregate Expected Collections in respect of the portion of the Non-Blocked Account Properties (determined as of such date of determination) that would, if they were Blocked Account Properties on such date, cause the Blocked Account One Year Requirement to be satisfied on such date of determination.

  • Expected Collections ofFinancial Guaranty Insurance Gross Premiums Receivable,Net of Commissions on Assumed Business(Undiscounted)___________________(1) Excludes expected cash collections on consolidated FG VIEs of $5 million.

  • Expected Collections ofFinancial Guaranty Insurance Gross Premiums Receivable,Net of Commissions on Assumed Business(Undiscounted)___________________(1) Excludes expected cash collections on consolidated FG VIEs of $4.5 million.

  • Expected Collections ofFinancial Guaranty Insurance Gross Premiums Receivable,Net of Commissions on Assumed Business(Undiscounted) ___________________(1)Excludes expected cash collections on FG VIEs of $7 million.


More Definitions of Expected Collections

Expected Collections. On any date of determination, for any Non-Blocked Account Property, (a) if such Property is a Non-Stabilized Property, an amount equal to the excess of the annual rent on such Property (in an amount assumed to be equal to the market rental amount for such Property set forth in the BPO for such Property) over the annual Approved Budget (less all amounts included therein in respect of real estate taxes, other governmental assessments and insurance premiums) for such Property and (b) if such Property is a Stabilized Property, an amount equal to the excess of the annual rent (as provided for in the related Lease) over the annual Approved Budget (less all amounts included therein in respect of real estate taxes, other governmental assessments and insurance premiums) for such Property. Expected Collections will be revised as necessary based upon the most recent Approved Budget.
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Expected Collections means, for any date, the aggregate amount of the Expected Pool Collections for all Pools.
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Expected Collections. On any date of determination, for any Non-Blocked Account Property, (a) if such Property is a Non-Stabilized Property, an amount equal to the excess of the annual rent on such Property (in an amount assumed to be equal to the market rental amount for such Property set forth in the BPO for such Property) over the annual Approved Budget (less all amounts included therein in respect of real estate taxes, other governmental assessments and insurance premiums) for such Property and (b) if such Property is a Stabilized Property, an amount 53570.000371 EMF_US 44362017v35 equal to the excess of the annual rent (as provided for in the related Lease) over the annual Approved Budget (less all amounts included therein in respect of real estate taxes, other governmental assessments and insurance premiums) for such Property. Expected Collections will be revised as necessary based upon the most recent Approved Budget.
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Related to Expected Collections

  • Deemed Collections has the meaning set forth in Section 4.01(d).

  • Deemed Collection Defined in Section 2.4(c).

  • Net Collections With respect to any Corrected Mortgage Loan, an amount equal to all payments on account of interest and principal on such Mortgage Loan.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales or dispositions attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees, prepayment fees or other amounts received in respect of Loan Assets.

  • Expected Distributions means, with respect to the Certificates of any Trust on any Current Distribution Date, the difference between (A) the Pool Balance of such Certificates as of the immediately preceding Distribution Date (or, if the Current Distribution Date is the first Distribution Date after the date of issuance of such Certificates, the original aggregate face amount of the Certificates of such Trust) and (B) the Pool Balance of such Certificates as of the Current Distribution Date calculated on the basis that (i) the principal of any Non-Performing Equipment Notes held in such Trust has been paid in full and such payments have been distributed to the holders of such Certificates, (ii) the principal of any Performing Equipment Notes held in such Trust has been paid when due (whether at stated maturity or upon prepayment or purchase or otherwise, but without giving effect to any Acceleration of Performing Equipment Notes) and such payments have been distributed to the holders of such Certificates and (iii) the principal of any Equipment Notes formerly held in such Trust that have been sold pursuant to the terms hereof has been paid in full and such payments have been distributed to the holders of such Certificates. For purposes of calculating Expected Distributions with respect to the Certificates of any Trust, any Premium paid on the Equipment Notes held in such Trust which has not been distributed to the Certificateholders of such Trust (other than such Premium or a portion thereof applied to the payment of interest in respect of the Certificates of such Trust or the reduction of the Pool Balance of such Trust) shall be added to the amount of such Expected Distributions.

  • Investor Principal Collections means, for any Monthly Period, an amount equal to the aggregate amount of Principal Collections retained or deposited in the Principal Account for Series 2012-1 pursuant to Section 4.3(b)(ii) for such Monthly Period.

  • Available Collections means, for any Distribution Date, (i) all Obligor payments received with respect to the Receivables during the preceding Collection Period, (ii) all Liquidation Proceeds received with respect to the Receivables during the preceding Collection Period, (iii) all interest earned on funds on deposit in the Collection Account during the preceding Collection Period, (iv) the aggregate Purchase Amount deposited in the Collection Account on the Business Day preceding such Distribution Date, (v) all prepayments received with respect to the Receivables during the preceding Collection Period attributable to any refunded item included in the Amount Financed (including amounts received as a result of rebates of extended service plan contract costs and insurance premiums and proceeds received under physical damage, theft, GAP, credit life and credit disability insurance policies), and (vi) all Simple Interest Advances deposited into the Collection Account by the Servicer on the Business Day preceding such Distribution Date; provided, however, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Purchased Receivable the Purchase Amount for which was included in Available Collections for a previous Distribution Date; provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to any Receivable to the extent that the Servicer has made an unreimbursed Simple Interest Advance with respect to such Receivable and is entitled to reimbursement from such payments or other amounts pursuant to Section 4.4 of the Sale and Servicing Agreement; and, provided further, that Available Collections for any Distribution Date shall not include any payments or other amounts (including Liquidation Proceeds) received with respect to the Receivables that are retained by the Servicer as reimbursement for Unreimbursed Servicer Advances pursuant to Section 4.4 of the Sale and Servicing Agreement; provided, further, however, that Available Collections for any Distribution Date will exclude any Supplemental Servicing Fees.

  • Principal Collections means Collections of Principal Receivables.

  • Defaulted Receivables means any Receivable (a) on which any installment is unpaid more than sixty (60) days past its original due date or (b) where the Servicer’s records show that the Obligor has suffered an Insolvency Event.

  • Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.

  • Late Collections With respect to any Mortgage Loan and any Due Period, all amounts received subsequent to the Determination Date immediately following such Due Period, whether as late payments of Monthly Payments or as Insurance Proceeds, Liquidation Proceeds or otherwise, which represent late payments or collections of principal and/or interest due (without regard to any acceleration of payments under the related Mortgage and Mortgage Note) but delinquent for such Due Period and not previously recovered.

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Excess Collections shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Collateral Principal Collections and Reallocated Class B Principal Collections with respect to such Monthly Period which pursuant to Section 4.12 are required to fund the Class A Required Amount and the Class B Required Amount, plus (c) the amount of Shared Principal Collections that are allocated to Series 1999-2 in accordance with subsection 4.13(b).

  • Event Payments has the meaning set forth in Section 6.1(d).

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Investor Finance Charge Collections means, for any Monthly Period, an amount equal to the aggregate amount of Finance Charge Collections allocated to the Series issued pursuant to this Indenture Supplement pursuant to Section 4.3(a) for all Dates of Processing during such Monthly Period.

  • Reallocated Investor Finance Charge Collections means that portion of Group I Investor Finance Charge Collections allocated to Series 1997-1 pursuant to Section 4.10.

  • Exchange Note Collection Account means the account established under Section 4.1(a) of the Servicing Supplement.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Final Collection Date means the Business Day following the termination of purchases under this Agreement on which all amounts to which the Purchasers shall be entitled in respect of Purchased Receivables and all other amounts owing to the Administrative Agent and the Purchasers hereunder and under the other Purchase Documents are paid in full.

  • Unscheduled Payments means (a) all Loss Proceeds that Borrower has elected or is required to apply to the repayment of the Debt pursuant to this Security Instrument, the Note or any other Loan Documents, (b) any funds representing a voluntary or involuntary principal prepayment other than scheduled Principal Payments and (c) any Net Proceeds.