Issuer Available Revenue Receipts definition

Issuer Available Revenue Receipts means, in relation to the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Available Revenue Receipts, the Second Issuer Available Revenue Receipts, and the Third Issuer Available Revenue Receipts respectively, and in relation to any New Issuer, the Current Issuer Available Revenue Receipts as defined in the Issuer Master Definitions Schedule relating to that New Issuer;
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Issuer Available Revenue Receipts means, in relation to: (a) the First Issuer, the Second Issuer and the Third Issuer, the First Issuer Available Revenue Receipts, the Second Issuer Available Revenue Receipts, and the Third Issuer Available Revenue Receipts respectively; (b) any other Funding Issuer, the Current Issuer Available Revenue Receipts; and (c) any Funding 2 Issuer, the Issuer Available Revenue Receipts as defined in the Issuer Master Definitions Schedule;
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Issuer Available Revenue Receipts means for the Issuing Entity, in respect of any Monthly Payment Period, an amount calculated by the Issuer Cash Manager on the Distribution Date immediately preceding such Monthly Payment Period equal to the sum of:
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Examples of Issuer Available Revenue Receipts in a sentence

  • The Current Issuer Cash Manager shall thereafter record as a debit on the Current Issuer Revenue Ledger the application by the Current Issuer of any excess Current Issuer Available Revenue Receipts to extinguish any balance on a Current Issuer Principal Deficiency Sub Ledger.

  • Subject to the order of priorities of payment set out in Schedule 2 or, as the case may be, the Current Issuer Deed of Charge, on each Payment Date prior to the enforcement of the Current Issuer Security under the Current Issuer Deed of Charge, the Current Issuer Cash Manager will pay Current Issuer Available Revenue Receipts received in respect of the Current Issuer Intercompany Loan (after making payments ranking higher in the order or priority of payments) to the Current Issuer Basis Rate Swap Provider.

  • Swap Collateral will form part of the Issuer Available Revenue Receipts on its transfer or payment into the relevant Issuer Transaction Account in accordance with this Clause 4.7(b).

  • Swap Collateral will form part of the Master Issuer Available Revenue Receipts on its transfer or payment into the Master Issuer Transaction Account in accordance with this Clause 4.7(b).

  • The Issuer Cash Manager shall determine on each Payment Calculation Date, having regard to the Issuer Available Revenue Receipts which the Issuer would expect to receive during the immediately succeeding Interest Period, whether or not there is likely to be a Revenue Shortfall during such immediately succeeding Interest Period.

  • It is expected that during the course of the life of the Notes, principal deficiencies will be recouped from Issuer Available Revenue Receipts.

  • The Issuer hereby instructs the Issuer Cash Manager to apply any termination payment received upon termination of a Basis Rate Swap either in purchasing a replacement Basis Rate Swap or as Issuer Available Revenue Receipts as described in Clause 5.6(c) above, on or prior to the Payment Date following the Payment Date immediately following such termination.

  • Such payment will be made if, and only to the extent that, there are Issuer Available Revenue Receipts available therefor after making the payments and provisions referred to in the Issuer Pre-Enforcement Revenue Priority of Payments.

  • Any amount of such Swap Replacement Premium not applied in or towards payment of such termination payment will form part of Issuer Available Revenue Receipts.

  • On each Disruption Loan Repayment Date, the Issuer Cash Manager shall, prior to making any payments described in Clause 5.3 (Revenue Receipts) below, apply Issuer Available Revenue Receipts to repay any Disruption Loan Repayment Amounts to the Mortgages Trustee on behalf of the lenders of the related Disruption Loan.


More Definitions of Issuer Available Revenue Receipts

Issuer Available Revenue Receipts means for the Issuer in respect of any Monthly Payment Date an amount calculated by the Issuer Cash Manager on the Distribution Date immediately preceding such Monthly Payment Date equal to the sum of:
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Issuer Available Revenue Receipts means receipts by the Issuer under the Series Pre-Enforcement Revenue Priority of Payments or following the service of a Series Enforcement Notice, receipts by the Issuer of amounts (other than in respect of principal) under the Series Post-Enforcement Priority of Payments;
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Issuer Available Revenue Receipts means, in relation to the First Issuer, the First Issuer Available Revenue Receipts and in relation to any New Issuer has the meaning specified under the relevant Issuer Transaction Documents and as defined in that Issuer Master Definitions Schedule relating to that New Issuer;
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Issuer Available Revenue Receipts means, in respect of any Monthly Payment Date, the sum calculated by the Issuer Cash Manager on the Distribution Date immediately preceding such Monthly Payment Date equal to the sum of:
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Related to Issuer Available Revenue Receipts

  • Available Revenues means all monies on deposit from time to time (including investment earnings thereon) in (a) the PILOTS Account; and (b) subject to annual appropriation, the EATS Account that have been appropriated to the repayment of TIF Notes, excluding (i) any amount paid under protest until the protest is withdrawn or resolved against the taxpayer or (ii) any sum received by the City which is the subject of a suit or other claim communicated to the City which suit or claim challenges the collection of such sum.

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Net Available Proceeds means, with respect to any Asset Sale, the proceeds thereof in the form of cash or Cash Equivalents, net of

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Total Available Funds shall have the meaning set forth in Section 5.7(a).

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.

  • Monthly Excess Cashflow For any Distribution Date, an amount equal to the sum of the Monthly Excess Interest and Overcollateralization Release Amount, if any, for such date.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Incremental Available Transfer Capability Revenue Rights means the rights to revenues that are derived from incremental Available Transfer Capability created by the addition of Merchant Transmission Facilities or of one of more Customer-Funded Upgrades.

  • Class A Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class A Floating Percentage of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date, (b) the Class A Floating Percentage of the Reallocated Investor Finance Charge Collections and (c) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date.

  • Available Equity Amount means a cumulative amount equal to (without duplication):

  • Available Spread Account Amount means, for any Transfer Date, an amount equal to the lesser of (a) the amount on deposit in the Spread Account (exclusive of Investment Earnings on such date and before giving effect to any deposit to, or withdrawal from, the Spread Account made or to be made with respect to such date) and (b) the Required Spread Account Amount, in each case on such Transfer Date.

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Excess Cashflow With respect to any Distribution Date, an amount, if any, equal to the sum of (a) the Remaining Excess Spread for such Distribution Date and (b) the Overcollateralization Release Amount for such Distribution Date.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Net Available Cash from an Asset Disposition means cash payments received (including any cash payments received by way of deferred payment of principal pursuant to a note or installment receivable or otherwise and net proceeds from the sale or other disposition of any securities received as consideration, but only as and when received, but excluding any other consideration received in the form of assumption by the acquiring person of Indebtedness or other obligations relating to the properties or assets that are the subject of such Asset Disposition or received in any other non-cash form) therefrom, in each case net of:

  • Excess Cash Flow Payment Period means, with respect to the repayment required on each Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.

  • Cash Receipts means all cash receipts of the Company from whatever source derived, including without limitation capital contributions made by the Member(s); the proceeds of any sale, exchange, condemnation or other disposition of all or any part of the assets of the Company; the proceeds of any loan to the Company; the proceeds of any mortgage or refinancing of any mortgage on all or any part of the assets of the Company; the proceeds of any insurance policy for fire or other casualty damage payable to the Company; and the proceeds from the liquidation of assets of the Company following termination.

  • Available Income means the Up-MACRO Available Income or the Down-MACRO Available Income, as applicable.

  • Operating Revenue Cash Flows means the Company’s cash flow from ownership and/or operation of (i) Properties, (ii) Loans, (iii) Permitted Investments, (iv) short-term investments, and (v) interests in Properties, Loans and Permitted Investments owned by any Joint Venture or any partnership in which the Company or the Partnership is, directly or indirectly, a co-venturer or partner.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Available Balance means, in relation to any Account, the aggregate of: (i) the balance in such Account in your favour of immediately available and freely transferable funds; and (ii) where we have granted you an overdraft facility or line of credit in respect of such Account, the limit of such overdraft facility or line of credit notified by us to you less the total amount payable by you to us with respect to such overdraft facility or line of credit.