Weekly Collection Period definition

Weekly Collection Period means each weekly period commencing at 12:00 a.m. (Eastern time) on each Monday and ending at 11:59:59 p.m. (Eastern time) on each Sunday except that the first such period will be from 12:00 a.m. (Eastern time) on the Cut-Off Date to 11:59:59 p.m. (Eastern time) on June 1, 2015.
Weekly Collection Period means, with respect to Collections, each weekly period commencing at 12:00 a.m. (local time) on each Sunday per week and ending at 11:59 p.m. (local time) on each Saturday per week. References to “local time” refer to the local time at the Branded Location or other location receiving the relevant Collections.
Weekly Collection Period means, with respect to any calendar week, the period beginning on, and including, the first day of the most recently ended calendar week and ending on, and including, the last day of the most recently ended calendar week.

Examples of Weekly Collection Period in a sentence

  • By 12:00 p.m. (New York City time) on the fourth (4th) Business Day following the last day of a Weekly Collection Period for a Currency Conversion Weekly Allocation Date, the Managers will provide to the Trustee and the Servicer a statement substantially in the form of Exhibit B directing the FX Agent to settle a Currency Conversion that will result in a specified amount of U.S. Collections or Canadian Collections (each, a “FX Exchange Report”) on such Weekly Allocation Date.

  • For each Weekly Collection Period, the Master Issuer will specify to the Trustee the Weekly Allocation Percentage.

  • As compensation for the performance of its obligations under this Agreement, the Manager will be entitled to receive all amounts payable under Section 2.7(a) in respect of any Weekly Collection Period, less the Weekly Canadian Management Fee, if any, payable in respect of such Weekly Collection Period.

  • Also, once all the components are secured onto the chassis, sealant will have to be added to ensure water resistance.

  • JIB Properties will endeavor to make Company Synthetic Lease Payments on the same timing as other Securitized Lease payments received, and at a minimum, all Company Synthetic Lease Payments accrued during any Four-Week Fiscal Period shall be transferred to the applicable Concentration Account no later than the Business Day prior to the Weekly Allocation Date of the first Weekly Collection Period of the immediately succeeding Four-Week Fiscal Period.

  • From the amounts payable under Section 2.7(a) in respect of any Weekly Collection Period, as compensation for the performance of its obligations under this Agreement, the Canadian Manufacturer will be compensated on a cost-plus basis for performance of Services for the Canadian Distributor during such Weekly Collection Period (the “Weekly Canadian Management Fee”).

  • As compensation for the performance of its obligations under this Agreement, the Master Servicer will be entitled to receive all amounts payable under Section 2.7(a) in respect of any Weekly Collection Period, less the Weekly Canadian Servicing Fee, if any, payable in respect of such Weekly Collection Period.

  • From the amounts payable under Section 2.7(a) in respect of any Weekly Collection Period, as compensation for the performance of its obligations under this Agreement, the Canadian Manufacturer will be compensated on a cost-plus basis for performance of Services for the Canadian Distributor during such Weekly Collection Period (the “Weekly Canadian Servicing Fee”).

  • The Servicer shall provide Administrative Agent with a reconciliation reasonably acceptable to the Administrative Agent (a “Reconciliation”) by 2:00 p.m., New York time on the Weekly Report Date immediately following such Weekly Collection Period showing what portion of the collections deposited to the Collection Account during the Weekly Collection Period are repayments of principal and what portion are payments of interest, finance charges and/or fees.

  • The “Delivery and Customer Services Fee” shall mean, for a Weekly Allocation Date, an amount equal to 98% of Adjusted Customer Collections deposited to the Concentration Account during the preceding Weekly Collection Period.


More Definitions of Weekly Collection Period

Weekly Collection Period means, with respect to Collections, each weekly period commencing at 12:00 a.m. (local time) on each Sunday per week and ending at 11:59 p.m. (local time) on each Saturday per week; provided that the first Weekly Collection Period following the Series 2020-1 Closing Date with respect to any Canadian Collections will commence at 12:00 a.m. (New York City time) on the Series 2020-1 Closing Date and will end at 11:59 p.m. (New York City time) on the Saturday of the first full weekly fiscal period following the Series 2020-1 Closing Date. At the election of the Managers pursuant to the Weekly Manager’s Certificate for such Weekly Collection Period, the first Weekly Collection Period following the Series 2020-1 Closing Date with respect to any Canadian Collections will end at 11:59 p.m. (New York City time) on the Saturday of the second full weekly fiscal period following the Series 2020-1 Closing Date. References to “local time” refer to the local time at the Branded Location or other location receiving the relevant Collections.
Weekly Collection Period means the period from and including each Monday and ending on and including the next succeeding Sunday.
Weekly Collection Period means the most recent Weekly Collection Period ending prior to the indicated date, (ii) the “immediately preceding Quarterly Fiscal Period” means the most recent Quarterly Fiscal Period ending prior to the indicated date and (iii) “immediately preceding Quarterly Calculation Date” means the most recent Quarterly Calculation Date.
Weekly Collection Period has the meaning specified in the Servicing Agreement.
Weekly Collection Period means, with respect to Collections, each weekly period commencing at 12:00 a.m. (local time) on each Sunday per week and ending at 11:59 p.m. (local time) on each Saturday per week; provided that the first Weekly Collection Period following the Series 2020-1 Closing Date with respect to any Canadian Collections will commence at 12:00 a.m. (New York City time) on the Series 2020-1 Closing Date and will end at 11:59 p.m. (New York City time) on the Saturday of the first full weekly fiscal period following the Series 2020-1 Closing Date. At the election of the Managers pursuant to the Weekly Manager’s Certificate for such Weekly Collection Period, the first Weekly Collection Period following the Series 2020-1 Closing Date with respect to any Canadian Collections will end at 11:59 p.m. (New York City time) on the Saturday of the second full weekly fiscal period following the Series 2020-1 Closing Date. References to “local time” refer to the local time at the Branded Location or other location receiving the relevant Collections. “Weekly Estimated Claims Management Profits Amount” means, with respect to each fiscal week of the applicable Securitization Entities, the lesser of (or, at the option of the applicable Securitization Entity, the greater of) (x) an estimate of the Weekly Claims Management Profits Amount for such period and (y) an estimate of the Weekly Cash Claims Management Profits Amount for such period, in each case, as set forth in the relevant Weekly Manager’s Certificate. “Weekly Estimated Product Sourcing Profits Amount” means, with respect to each fiscal week of the applicable Securitization Entities, the lesser of (or, at the option of the applicable Securitization Entity, the greater of) (x) an estimate of the Weekly Product Sourcing Profits Amount for such period and (y) an estimate of the Weekly Cash Product Sourcing Profits Amount for such period, in each case, as set forth in the relevant Weekly Manager’s Certificate. “Weekly Estimated Securitization-Owned Location Profits Amount” means, with respect to each fiscal week of the applicable Securitization Entities, the lesser of (or, at the option of the applicable Securitization Entity, the greater of) (x) an estimate of the Weekly Securitization-Owned Location Profits Amount for such period and (y) an estimate of the Weekly Cash Securitization- Owned Location Profits Amount for such period, in each case, as set forth in the relevant Weekly Manager’s Certificate. “Weekly Management Fee” has...
Weekly Collection Period means, with respect to any Weekly Transfer Date, the calendar week immediately preceding the calendar week in which such Weekly Transfer Date occurs or, with respect to the first Weekly Transfer Date following the Closing Date, the period from and including the Closing Date to and including the last day of the calendar week immediately preceding the calendar week in which such Weekly Transfer Date occurs.

Related to Weekly Collection Period

  • Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.