Group II Collections definition

Group II Collections means all payments on or in respect of the Group II Indenture Collateral.
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Group II Collections means (a) all payments made under the Group II Master Lease, (b) all Disposition Proceeds, Repurchase Prices and Guaranteed Payments on Group II Vehicles, (c) any insurance proceeds or other payments with respect to the Group II Vehicles and (d) all amounts earned on Permitted Investments allocable to or arising out of investment of funds on deposit in the Group II Collection Account; provided that, in the case of amounts in clauses (b) and (c), such amounts shall be allocated to the Group II Vehicles in accordance with the terms hereof and the Servicer's normal practices and procedures for determining and allocating vehicle proceeds.
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Examples of Group II Collections in a sentence

  • To the extent specified in the Group II Series Supplement with respect to any Series of Group II Notes, the Trustee may establish and maintain one or more Group II Series Accounts and/or administrative sub-accounts of the Group II Collection Account to facilitate the proper allocation of Group II Collections in accordance with the terms of such Group II Series Supplement.

  • Until this Group II Supplement is terminated pursuant to Section 11.6, HVF II shall, and the Trustee is authorized (upon written instructions) to, cause all Group II Collections due and to become due to HVF II or the Trustee, as the case may be, to be deposited to the Group II Collection Account at such times as such amounts are due.

  • On each day on which Group II Collections are deposited into the Group II Collection Account, HVF II shall allocate Group II Collections deposited into the Group II Collection Account in accordance with this Article V and shall instruct the Trustee in writing to withdraw the required amounts from the Group II Collection Account and make the required deposits in any Group II Series Account in accordance with this Article V, as modified by each Group II Series Supplement.