Examples of Series Principal Collections in a sentence
On or before each Distribution Date, the Master Servicer shall direct the Trustee in writing to withdraw from the Group Collections Account and deposit into the Series Collections Account an amount equal to the sum of the Series Finance Charge Collections, the Series Principal Collections and the Series Interchange for the related Due Period.
An amount equal to the Series Principal Collections shall be withdrawn from the Series Collections Account and deposited into the Series Distribution Account.
On each Business Day with respect to the Revolving Period, Available Series Principal Collections will be treated as Shared Principal Collections and applied, as described below under “—Groups—Principal Sharing Group One” and under “The Notes—Groups—Principal Sharing Groups” in the accompanying prospectus.
Note 1: Alternate steel containing other alloying elements may be used if approved.
While the 10% of oversize material is considered accepta- ble, the 30% error is considered large (Sanchidrián et al.