Examples of Interest Collections in a sentence
Interest income to be refunded to DOE shall be deposited to Treasury Account 089 1435, “General Fund Proprietary Interest Collections, Not Otherwise Classified” in accordance with the TFM Volume 1, Part 4A-2045.10.
The Collection Account is the only account to which Obligors have been instructed by the Servicer on the Borrower’s behalf to send Principal Collections and Interest Collections on the Collateral Portfolio.
Amounts received by the Borrower pursuant to Section 2.07 on account of Loan Assets shall be treated as payments of Principal Collections or Interest Collections, as applicable, on Loan Assets hereunder.
The allocation of Aggregate Dealer Interest Collections, Aggregate Dealer Principal Collections and Aggregate Dealer Defaulted Amounts shall be made as specified in the Indenture.
The Servicer shall further include a statement as to the amount of Principal Collections and Interest Collections on deposit in the Principal Collection Account and the Interest Collection Account on each Quarterly Reporting Date in the Servicing Report delivered pursuant to Section 6.08(b).