Shared Excess Finance Charge Collections definition

Shared Excess Finance Charge Collections means, with respect to any Distribution Date, as the context requires, either (x) the amount described in subsection 4.11(k) allocated to the Series 1999-1 Certificates but available to cover shortfalls in amounts paid from Collections of Finance Charge Receivables for other Series, if any or (y) the aggregate amount of Collections of Finance Charge Receivables allocable to other Series in excess of the amounts necessary to make required payments with respect to such Series, if any, and available to cover shortfalls with respect to the Series 1999-1 Certificates.
Shared Excess Finance Charge Collections means, with respect to any Transfer Date, the aggregate amount for all outstanding Series that the related Supplements specify are to be treated as “Shared Excess Finance Charge Collections” for such Transfer Date.
Shared Excess Finance Charge Collections means, with respect to any Distribution Date, as the context requires, either (x) the amount described in subsection 4.11(k) allocated to the Series 1996-4 Certificates but available to cover shortfalls in amounts paid from Collections of Finance Charge Receivables for other Series, if any or (y) the aggregate amount of Collections of Finance Charge Receivables allocable to other Series in excess of the amounts necessary to make required payments with respect to such Series, if any, and available to cover shortfalls with respect to the Series 1996-4 Certificates.

Examples of Shared Excess Finance Charge Collections in a sentence

  • See "Description of the Certificates -- Application of Collections," "-- Shared Excess Finance Charge Collections," "-- Defaulted Receivables; Rebates and Fraudulent Charges; Investor Charge-Offs" and "Credit Enhancement." SHARED PRINCIPAL COLLECTIONS................

  • The amount of Shared Excess Finance Charge Collections allocable to Series 2003-2 with respect to any Finance Charge Shortfall in such Series for the relevant Due Period$0.0032.


More Definitions of Shared Excess Finance Charge Collections

Shared Excess Finance Charge Collections in the Series 2004-1 Supplement.
Shared Excess Finance Charge Collections means, with respect to ---------------------------------------- any Monthly Period, the aggregate amount for all outstanding Series in Group One of Collections of Finance Charge Receivables which the related Supplements specify are to be treated as "Shared Excess Finance Charge Collections" for such Monthly Period.
Shared Excess Finance Charge Collections means, for any Collection Period, the aggregate amount for all outstanding Series in Group One of Collections of Finance Charge Receivables which the related Supplements specify are to be treated as "Shared Excess Finance Charge Collections" for such Collection Period.
Shared Excess Finance Charge Collections shall have the meaning specified in subsection 4.3(g).
Shared Excess Finance Charge Collections shall have, generally, the meaning provided in Section 4.1(i), and specifically, with respect to any Series, the meaning specified in the applicable Supplement.
Shared Excess Finance Charge Collections means, with respect to any Transfer Date, the aggregate amount for all Series that the related Supplements specify are to be treated as "SHARED EXCESS FINANCE CHARGE COLLECTIONS" for such Transfer Date;
Shared Excess Finance Charge Collections shall have, with respect to any Series, the meaning specified in the related Supplement.