Monthly Collection Period definition

Monthly Collection Period means, with respect to any Monthly Payment Date that is not a Quarterly Payment Date, the calendar month immediately preceding the month of such Monthly Payment Date.

Monthly Collection Period means each calendar month during the term of this Agreement or, in the case of the initial Monthly Collection Period, the period beginning and including the first day after the applicable Cutoff Date to and including the last day of the month in which the applicable Cutoff Date occurs. Any amount stated “as of the close of business on the last day of a Monthly Collection Period” shall give effect to the following calculations as determined as of the end of the day on such last day: (1) all applications of collections and (2) all distributions.

Monthly Collection Period means each monthly period commencing at 12:00 a.m. (Pacific time) on the first day of each Monthly Fiscal Period and ending immediately prior to 12:00 a.m. (Pacific time) on the last day of such Monthly Fiscal Period.

Examples of Monthly Collection Period in a sentence

• On or before each Monthly Sweep Date, the Servicer will with reference to the related Monthly Collection Period report on the advances under the Roll Over Term Loans sold to the Issuer, including information (in particular, amount and term) on (i) the advances as they lapsed during such Monthly Collection Period and (ii) the advances as they were extended following roll-over.

• The Servicer, on behalf of the Seller, shall procure that on or prior to the tenth (10th) calendar day of each month (or the first following Business Day if such day is not a Business Day) (the Monthly Sweep Date), all amounts of principal, interest, prepayment penalties and default interest received by the Seller in respect of the SME Receivables during the related Monthly Collection Period are swept to the Transaction Account.

More Definitions of Monthly Collection Period

Monthly Collection Period means, for any Distribution Date, the ------------------------- calendar month preceding such Distribution Date.

Monthly Collection Period means the period beginning on, but excluding, each Monthly Assessment Date, and ending on, and including, the subsequent Monthly Assessment Date;

Monthly Collection Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of the same calendar month, except for the first Monthly Collection Period which will commence on (and include) 29 November 2009 (the “Initial Cut-off Date”) and end on (and include) 31 January 2010.

Monthly Collection Period means (a) each period commencing on (and including) a Collection Date and ending on (but excluding) the following Collection Date; and (b) in the case of the first Monthly Collection Period, the period commencing on (and including) the Valuation Date and ending on (and including) the last calendar day of the month immediately preceding the first Guarantor Payment Date.

Monthly Collection Period means, in relation to a Monthly Payment Date, the calendar month which precedes the month in which the Monthly Payment Date occurs. The first Monthly Collection Period is the period from (but including) the Cut-Off Date to (and including) 30 September 2004. The last Monthly Collection Period is the period from (but excluding) the last day of the calendar month that precedes the Termination Date of the Trust to (and including) the Termination Date of the Trust.

Monthly Collection Period means with respect to any Report Date, the preceding calendar month.

Monthly Collection Period means with respect to any Payment Date, the period (i) commencing on (and including) the first day of the month second preceding the month in which such Payment Date occurs (or, in the case of the initial Monthly Collection Period, the Closing Date), and (ii) ending on (and including) the last day of the month second preceding the month in which such Payment Date occurs.