Shared Excess Available Finance Charge Collections Group definition

Shared Excess Available Finance Charge Collections Group means a Group of Series which have all been designated to share certain excess Finance Charge Collections allocated to such Series with one another.
Shared Excess Available Finance Charge Collections Group has the meaning specified in the Indenture.
Shared Excess Available Finance Charge Collections Group means the Shared Excess Available Finance Charge Collections Group to which Series [•] has been designated for inclusion under Section 4.09(a).

Examples of Shared Excess Available Finance Charge Collections Group in a sentence

  • The Issuing Entity shall reallocate and redistribute certain excess Finance Charge Collections allocated to any Series of Notes to cover Series Available Finance Charge Collections Shortfalls incurred by Series of Notes belonging to any particular Shared Excess Available Finance Charge Collections Group to the extent and as specified in the related Indenture Supplements.

  • On each Note Transfer Date, the Servicer shall calculate the Remaining Series Finance Charge Shortfall for each Series of Notes related to each Shared Excess Available Finance Charge Collections Group.


More Definitions of Shared Excess Available Finance Charge Collections Group

Shared Excess Available Finance Charge Collections Group. A" pursuant to the related Indenture Supplement.
Shared Excess Available Finance Charge Collections Group. A" means the Shared Excess Available Finance Charge Collections Group to which the ONEseries has been designated for inclusion under subsection 3.27(a). "SHARED EXCESS AVAILABLE FINANCE CHARGE COLLECTIONS SERIES" has the meaning specified in the Indenture.
Shared Excess Available Finance Charge Collections Group means any series of notes that, as specified in the related prospectus supplement, is entitled to receive Shared Excess Available Finance Charge Collections as more fully described under "Sources of Funds to Pay the Notes—Groups—Shared Excess Available Finance Charge Collections Group" in this prospectus.

Related to Shared Excess Available Finance Charge Collections Group

  • Available Finance Charge Collections means, for any Monthly Period, an amount equal to the sum of (a) the Investor Finance Charge Collections for such Monthly Period, (b) the Series 2012-1 Excess Finance Charge Collections for such Monthly Period, (c) Principal Accumulation Investment Proceeds, if any, with respect to the related Transfer Date, (d) interest and earnings on funds on deposit in the Reserve Account which will be deposited into the Finance Charge Account on the related Payment Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(a), and (e) amounts, if any, to be withdrawn from the Reserve Account which will be deposited into the Finance Charge Account on the related Transfer Date to be treated as Available Finance Charge Collections pursuant to Section 4.10(c).

  • Finance Charge Collections means Collections of Finance Charge Receivables.

  • Net Finance Charges means, for the Reference Period, the Finance Charges according to the latest Financial Report(s), after deducting any interest payable for that Reference Period to any member of the Group and any interest income relating to cash or cash equivalent investment.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.