Monthly Collection Period definition

Monthly Collection Period means, with respect to any Monthly Payment Date that is not a Quarterly Payment Date, the calendar month immediately preceding the month of such Monthly Payment Date.
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Monthly Collection Period means each monthly period commencing at 12:00 a.m. (Pacific time) on the first day of each Monthly Fiscal Period and ending immediately prior to 12:00 a.m. (Pacific time) on the last day of such Monthly Fiscal Period.
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Monthly Collection Period means each calendar month during the term of this Agreement or, in the case of the initial Monthly Collection Period, the period beginning and including the first day after the applicable Cutoff Date to and including the last day of the month in which the applicable Cutoff Date occurs. Any amount stated “as of the close of business on the last day of a Monthly Collection Period” shall give effect to the following calculations as determined as of the end of the day on such last day: (1) all applications of collections and (2) all distributions.
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Examples of Monthly Collection Period in a sentence

  • The aggregate amount of the Servicing Fee paid to the Servicer with respect to the preceding Monthly Collection Period....................................

  • On each Monthly Determination Date, the Approved Seller shall pay to the Trustee an amount equal to all Loan Offset Interest Amounts for the Monthly Collection Period immediately preceding that Monthly Determination Date.

  • On each Monthly Calculation Date, the Calculation Agent shall calculate the amount of interest funds available to the Issuer in the Transaction Account to be applied on the immediately succeeding Monthly Payment Date by reference to the applicable Monthly Collection Period.

  • Such deposits shall be considered deposits in respect of interest on such Incentive Financed Student Loans for all purposes of the Basic Documents and shall be deemed to have been deposited into the Collection Account for all such purposes as of such last date of such Monthly Collection Period.

  • The Administrator shall deposit or cause to be deposited into the Collection Account no later than the Determination Date succeeding each Monthly Collection Period and Collection Period the aggregate Incentive Interest Deposits with respect to Incentive Financed Student Loans in the Trust as of the last day of such Monthly Collection Period and Collection Period.


More Definitions of Monthly Collection Period

Monthly Collection Period means each calendar month, and, with respect to the first Monthly Collection Period, the period from and including the Closing Date to the last day of such calendar month.
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Monthly Collection Period means, with respect to any Payment Date, the calendar month immediately preceding the calendar month in which such Payment Date occurs or, with respect to the first Payment Date following the Closing Date, the period from and including the Closing Date to and including the last day of the calendar month immediately preceding the calendar month in which such Payment Date occurs.
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Monthly Collection Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of the same calendar month, except for the first Monthly Collection Period which commences on (and include) the first Issue Date and ends on (and include) the first end-of-month date falling at least 30 calendar days after the first Issue Date.
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Monthly Collection Period means, for any Distribution Date, the ------------------------- calendar month preceding such Distribution Date.
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Monthly Collection Period means the period beginning on, but excluding, each Monthly Assessment Date, and ending on, and including, the subsequent Monthly Assessment Date;
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Monthly Collection Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of the same calendar month, except for the first Monthly Collection Period which commenced on (and include) 29 November 2009 (the "Initial Cut-off Date") and ended on (and include) 31 January 2010.
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Monthly Collection Period. ’ means, in relation to a Monthly Payment Date, the calendar month which precedes the month in which the Monthly Payment Date occurs. The first Monthly Collection Period is the period from (but including) the Cut-Off Date to (and including) 31 August 2007. The last Monthly Collection Period is the period from (but excluding) the last day of the calendar month that precedes the Termination Date of the Trust to (and including) the Termination Date of the Trust.
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