Examples of Payahead Balance in a sentence
Otherwise, any such remaining excess payments shall constitute a Payahead and shall increase the Payahead Balance.
All applications of the Payahead Balance of a Receivable by the Indenture Trustee and all Actuarial Advances by the Servicer pursuant to this Section 4.4(a) shall be made based on the information set forth in the Servicer's report attached to the Servicer's Certificate delivered pursuant to Section 3.9. Notwithstanding anything in this Agreement to the contrary, no successor to Mitsubishi Motors Credit of America, Inc.
The change in the Payahead Balance from the preceding Distribution Date.
The change in the Payahead Balance from the preceding Distribution Date..
With respect to Precomputed Receivables, any remaining excess shall be added to the Payahead Balance, and shall be applied to prepay the Precomputed Receivable, but only if the sum of such excess and the previous Payahead Balance shall be sufficient to prepay the Receivable in full.