Pre-Funding Earnings definition

Pre-Funding Earnings means any Investment Earnings on amounts on deposit in the Pre-Funding Account.

Pre-Funding Earnings. The actual investment earnings realized on amounts deposited in the Pre-Funding Account.

Pre-Funding Earnings. As of any date of determination, the amount of investment earnings or income, net of any losses from such investments, on deposit in the Pre-Funding Account.

Examples of Pre-Funding Earnings in a sentence

• Any Pre-Funding Earnings will be distributed to the Seller on each Pre-Funding Distribution Date; provided, however, that if the final Subsequent Transfer Date occurs after the Distribution Date in a month, on such Subsequent Transfer Date, the Trustee shall (i) transfer the Excess Funding Amount from the Pre-Funding Account to the Distribution Account, (ii) transfer the Pre-Funding Earnings to the Seller and (iii) close the Pre-Funding Account.

• The Company intends to cause an election to be made to treat the Trust Fund (exclusive of the Mortgage 100(sm) Pledge Agreements, the Parent Power(R) Agreements, the Pre-Funding Account (including the funds therein and Pre-Funding Earnings) and the Carryover Reserve Fund (including the funds therein)) as two real estate mortgage investment conduits (the "Lower-Tier REMIC" and the "Upper-Tier REMIC").

• The Pre-Funding Earnings shall be for the benefit of the Depositor and shall be payable to the Depositor, to the extent not previously distributed to the Depositor, on each Distribution Date during the Funding Period and on the Distribution Date immediately following the end of the Funding Period.

• The amount deposited in the Distribution Account pursuant to the preceding paragraph shall be net of any Pre-Funding Earnings.

• The Company intends to cause an election to be made to treat the Trust Fund (exclusive of the Mortgage 100(Service Xxxx) Pledge Agreements, the Parent Power(Registered Trademark) Agreements and the Pre-Funding Account (including the funds therein and Pre-Funding Earnings)) as a real estate mortgage investment conduit (the "REMIC").

More Definitions of Pre-Funding Earnings

Pre-Funding Earnings. With respect to the Remittance Date in January 1999, the actual investment earnings earned during the period from the Closing Date through the Business Day immediately preceding the Determination Date in January 1999 (inclusive) on the Pre-Funded Amount. With respect to the Remittance Dates in February 1999 and March 1999, the actual investment earnings earned during the period from the Determination Date in January 1999 and February 1999, respectively, through the Business Day immediately preceding the Determination Date in February 1999 and March 1999, respectively (inclusive), on the Pre-Funded Amount.

Pre-Funding Earnings. With respect to the Payment Date in April 1998, the actual investment earnings earned on amounts on deposit in the Pre-Funding Account during the period from February 26, 1998 through and including March 31, 1998. With respect to the Payment Date in May 1998, the actual investment earnings earned on amounts on deposit in the Pre-Funding Account from April 1, 1998 through and including April 30, 1998. With respect to the Payment Date in June 1998, the actual investment earnings earned on amounts on deposit in the Pre-Funding Account from May 1, 1998 through and including May 31, 1998.

Pre-Funding Earnings. With respect to any Payment Date, the actual investment earnings then on deposit in the Pre-Funding Account.

Pre-Funding Earnings means, with respect to any date of determination during the Funding Period, the actual investment income earned during the previous calendar month on amounts on deposit in the Pre-Funding Account during such period as calculated by the Indenture Trustee.

Pre-Funding Earnings. As to any Pre-Funding Distribution Date, the amount of actual net investment earnings realized or accrued, if applicable, on amounts on deposit in the Pre-Funding Account during the period beginning on the Distribution Date in the month preceding such Pre-Funding Distribution Date (or in the case of the first Pre-Funding Distribution Date, beginning on the Closing Date) and ending on the Business Day before such Pre-Funding Distribution Date.

Pre-Funding Earnings. With respect to either Pool and any date of determination, the actual investment earnings realized on amounts deposited in the related Pre-Funding Account.

Pre-Funding Earnings. With respect to any Payment Date, the actual investment earnings earned during the period from the prior Payment Date (or with respect to the initial Payment Date, from the Startup Day) through but not including such Payment Date (inclusive) on the Pre-Funding Amount during such period, as calculated by the Trustee pursuant to Section 7.6 hereof.