Unapplied Cash and Credits definition

Unapplied Cash and Credits means, at any time, the aggregate amount of Collections or other cash or credits then held by or for the account of Servicer, the Originator or Seller in respect of the payment of Receivables, including prepaid amounts, amounts on deposit in an unapplied cash account or uncleared payment accounts and unbooked deposits at such time, but not yet applied to the payment of such Receivables.
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Unapplied Cash and Credits means, at any time, the aggregate amount of Collections or other cash or credits then held by or for the account of the Servicer, any Originator or the Borrower in respect of the payment of Transferred Receivables, but not yet applied to the payment of such Transferred Receivables.
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Unapplied Cash and Credits means, at any time, the Dollar Equivalent of the aggregate amount of Collections or other cash or credits then held by or for the account of the Servicer, the Canadian Originator or the Seller in respect of the payment of Pool Receivables, but not yet applied or reinvested pursuant to Section 2.07 or applied pursuant to Section 2.08.
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Examples of Unapplied Cash and Credits in a sentence

  • As of any date, an amount equal to (i) the Eligible Receivables Balance, less (ii)the aggregate Eligible Unapplied Cash and Credits for all Obligors as of such date, less (ii) the Overconcentration Amount and (iii) less the portion of Receivables related to Contractual Dilutions.


More Definitions of Unapplied Cash and Credits

Unapplied Cash and Credits means, at any time, the sum of (a) (i) the aggregate amount of Collections or other cash (excluding Customer Deposits) then held by or for the account of the Collection Agent, any Originator or the Borrower in respect of the payment of Pool Receivables, but not yet applied to any such Receivable, multiplied by (ii) a fraction having as its numerator the aggregate Outstanding Balance of Non-Executory Pool Receivables at such time, and having as its denominator the aggregate Outstanding Balance of Pool Receivables at such time, plus (b) the sum for each Obligor equal to the lesser of (x) the Outstanding Balance of all Eligible Receivables of such Obligor and (y) the credits (excluding Customer Deposits) then held by or for the account of the Collection Agent, any Originator or the Borrower in respect of the payment of Non-Executory Pool Receivables of such Obligor, but not yet applied to any such Receivable; plus (c) the sum for each Obligor equal to the lesser of (x) the Outstanding Balance of all Average Monthly Billing Receivables of such Obligor and (y) the credits in respect of the Average Monthly Billing Receivables of such Obligor relating to the amount, if any, by which the Outstanding Balance thereof plus the amount of Collections collected under the program pursuant to which such Average Monthly Billing Receivables arose exceeds the amount attributable to the consumption of electricity under such program.
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Related to Unapplied Cash and Credits

  • 9% Credits means Federal Credit allocated on a competitive basis under the provisions of this Plan.

  • 4% Credits means Federal Credit available to Bond Financed Projects which meet the requirements of this Plan.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Applied Loss Amount With respect to any Distribution Date, the amount, if any, by which (x) the aggregate Certificate Principal Amount of the Certificates after giving effect to all Realized Losses incurred with respect to the Mortgage Loans during the related Collection Period and distributions of principal on such Distribution Date, but before giving effect to any application of the Applied Loss Amount with respect to such date, exceeds (y) the Pool Balance for such Distribution Date.

  • Auction Revenue Rights Credits means the allocated share of total FTR auction revenues or costs credited to each holder of Auction Revenue Rights, calculated and allocated as specified in Operating Agreement, Schedule 1, section 7.4.3, and the parallel provisions of Tariff, Attachment K-Appendix, section 7.4.3.

  • Credits means the Federal and State Housing Tax Credit program.

  • Applied Realized Loss Amount With respect to any Distribution Date, the amount, if any, by which, the sum of (i) the Aggregate Certificate Principal Balance and (ii) the Class C Certificate Principal Balance after distributions of principal on such Distribution Date exceeds the aggregate Stated Principal Balance of the Mortgage Loans as of such Distribution Date.

  • Unapplied Provider Advance means any Provider Advance other than an Applied Provider Advance.

  • Eligible Unbilled Accounts means Accounts of the Obligors that does not qualify as an Eligible Account solely because (a) the goods giving rise to such Account have not been shipped and billed to the Account Debtor, or (b) the services giving rise to such Account have not been performed and billed to the Account Debtor and, in either case, so long as such Accounts have not been unbilled for more than thirty (30) days. For the avoidance of doubt, at such time as an Account is billed to the Account Debtor it shall no longer be an “Eligible Unbilled Account”.

  • Interim Accounts means the unaudited consolidated quarterly financial statements of the Issuer for the quarterly period ending on each 31 March, 30 June, 30 September and 31 December in each year, prepared in accordance with GAAP.

  • Class B-1 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class B-1 Certificates.

  • Service credit month means a full service credit month or an

  • Emission Reduction Credits or “ERC(s)” means emission reductions that have been authorized by a local air pollution control district pursuant to California Division 26 Air Resources; Health and Safety Code Sections 40709 and 40709.5, whereby such district has established a system by which all reductions in the emission of air contaminants that are to be used to offset certain future increases in the emission of air contaminants shall be banked prior to use to offset future increases in emissions.

  • Class M-1 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class M-1 Certificates.

  • Revenue Account means the Revenue Account established pursuant to the General Resolution. “Revenues” means the Pledged Receipts and Recoveries of Principal.

  • Service Credits means the service credits payable to the Purchaser by the Service Provider in the event that the Service Levels are not met and identified as service credits in the Pricing Schedule.

  • Class M-2 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class M-2 Certificates.

  • Total Service Charges means all charges, after application of all discounts and credits, incurred by Customer for Services provided under this Agreement, excluding Taxes, Governmental Charges, equipment, Company ILEC, Company Wireless, Document Delivery Fax, non-recurring, goods and services acquired by Company as Customer’s agent, international access that is passed-through (Type 3/PTT) or provided by Company (Type 1), charges for security services provided by a Cybertrust Security Service Provider listed in the Guide, and other charges expressly excluded by this Agreement.

  • Class C Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class C Certificates.

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Available Reserve Account Amount means, with respect to any Distribution Date, the lesser of (a) the amount on deposit in the Reserve Account on such date (before giving effect to any deposit to be made to the Reserve Account on such date) and (b) the Required Reserve Account Amount.

  • Collection Point means the collection point for the Vehicle specified in the Confirmation and/or Rental Agreement;

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).