Series Allocable Principal Collections definition

Series Allocable Principal Collections means, with respect to any Series and for any Monthly Period, the product of the Series Allocation Percentage and the amount of Collections of Principal Receivables deposited in the Collection Account for such Monthly Period.
Series Allocable Principal Collections means, with respect to any Series and for any Monthly Period, the product of the Series Allocation Percentage and the amount of Collections of Principal Receivables with respect to such Monthly Period.
Series Allocable Principal Collections means, with respect to any Business Day, the product of (i) the Series Allocation Percentage for the Due Period in which such Business Day occurs and (ii) the amount of Principal Collections deposited in the Collections Account on such Business Day.

Examples of Series Allocable Principal Collections in a sentence

  • The remainder of the portion of the Insolvency Proceeds allocated to Series Allocable Principal Collections shall be allocated to the Master Trust Seller’s Interest and shall be distributed on such Distribution Date to the Seller.

  • The remainder of the portion of the Insolvency Proceeds allocated to Series Allocable Principal Collections shall be allocated to the Master Trust Seller's Interest and shall be distributed on such Distribution Date to the Seller.

  • Series Allocable Principal Collections" and "Series Allocable Defaulted Amount" mean, with respect to the Offered Series and for any Monthly Period, the product of (a) the Series Allocation Percentage for the Offered Series and (b) the amount of collections of Finance Charge Receivables deposited in the Collection Account, the amount of collections of Principal Receivables deposited in the Collection Account and the amount of all Defaulted Amounts with respect to such Monthly Period, respectively.

  • The remainder of the portion of the Insolvency Proceeds allocated to Series Allocable Principal Collections shall be allocated to the Sellers' Interest and shall be released to the Seller on such Distribution Date.


More Definitions of Series Allocable Principal Collections

Series Allocable Principal Collections means, with respect to any Business Day, the sum of (a) the product of (i) the Series 2000-VFC Allocation Percentage for the related Due Period and (ii) the amount of Principal Collections deposited in the Collections Account on such Business Day and (b) if the Amortization Period Commencement Date occurs on such Business Day, the product of (i) the Series 2000-VFC Allocation Percentage for such Due Period and (ii) the amount of funds on deposit in the Excess Funding Account on such Amortization Period Commencement Date.
Series Allocable Principal Collections and "Series Allocation Percentage" refer to the "Series Allocable Defaulted Amount," "Series Allocable Excess Funding Amount," "Series Allocable Miscellaneous Payments," "Series Allocable Non-Principal Collections," "Series Allocable Principal Collections" and "Series Allocation Percentage" as defined in such Appendix A and as applied to Series 2003-VFN-A.
Series Allocable Principal Collections and "Series Allocation Percentage" as defined in such Appendix A and as applied to Series 2003-VFN-B.
Series Allocable Principal Collections means, with respect to any Series and for any Monthly Period, the product of the Series Allocation Percentage and the amount of Collections of Principal Receivables deposited in the Collection Account for such Monthly Period. "Series Allocation Percentage" shall mean, with respect to any Series and for any Monthly Period, the percentage equivalent of a fraction, the numerator of which is the Series Adjusted Invested Amount plus the Series Required Transferor Amount as of the last day of the immediately preceding Monthly Period and the denominator of which is the Trust Adjusted Invested Amount plus the sum of all Series Required Transferor Amounts as of such last day. "Series Enhancement" shall mean the rights and benefits provided to the Trust or the Investor Securityholders of any Series or Class pursuant to any letter of credit, surety bond, cash collateral account or guaranty, collateral invested amount, spread account, yield supplement account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, notional principal contract, options, hedging agreements, insurance policy or other similar arrangement. The subordination of any Series or Class to another Series or Class shall be deemed to be a Series Enhancement. "Series Enhancer" shall mean the Person or Persons providing any Series Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Supplement for such Series) the Investor Securityholders of any Series or Class which is subordinated to another Series or Class. "Series Invested Amount" shall have, with respect to any Series, the meaning specified in the related Supplement. "Series Issuance Date" shall mean, with respect to any Series, the date on which the Investor Securities of such Series are to be originally issued in accordance with Section 6.3 and the related Supplement. "Series Required Transferor Amount" shall have the meaning, with respect to any Series, specified in the related Supplement. "Series Termination Date" shall mean, with respect to any Series, the termination date for such Series specified in the related Supplement. "Service Transfer" shall have the meaning specified in Section 10.1. "Servicer" shall mean Holdings, in its capacity as Servicer pursuant to this Agreement, and, after any Service Transfer, the Successor Servicer. "Servicer Default" shall have the meaning specified in Section 10.1. "Servicer Interchange" shall have the meaning specified in Section 3...
Series Allocable Principal Collections means, in respect of any Series for any Settlement Period, the product of (i) the related Series Share, and (ii) the Principal Collections in respect of such Settlement Period.
Series Allocable Principal Collections means, with respect to any Series and for any Monthly Period, the product of the Series
Series Allocable Principal Collections means, with respect to any Business Day, the sum of (a) the product of (i) the Series 2003-1 Allocation Percentage for the related Due Period and (ii) the amount of Principal Collections deposited in the Collections Account on such Business Day and (b) if the Accumulation Period Commencement Date occurs on such Business Day, the product of (i) the Series 2003-1 Allocation Percentage for such Due Period and (ii) the amount of funds on deposit in the Excess Funding Account on such Accumulation Period Commencement Date.