Balance as of Cutoff Date Sample Clauses

Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $1,523,858,247.26.
Sample 1Sample 2See All (34)
AutoNDA by SimpleDocs
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $1,550,268,072.20. EXHIBIT B Form of Record Date Statement Hyundai Auto Receivables Trust 2009-A Monthly Servicing Report Collection Period [_____] Distribution Date [_____] Transaction Month [_____] 30/360 Days [_____] Actual/360 Days [_____] I. ORIGINAL DEAL PARAMETERS Cut off Date: [_____], 2009 Closing Date: [_____], 2009 Dollars Units WAC WAM Original Pool Balance: $[_____________] [_____] [_____] [_____] Dollar Amount % of Pool Spread Note Rate Final Payment Date Class A-1 Notes Fixed $[_____________] [_____] [_____] [_____] Class A-2 Notes Fixed $[_____________] [_____] [_____] [_____] Class A-3 Notes Fixed $[_____________] [_____] [_____] [_____] Class A-4 Notes Fixed $[_____________] [_____] [_____] [_____] Total Securities $[_____________] [_____] Overcollateralization $[_____________] [_____] YSOA $[_____________] [_____] Total Original Pool Balance $[_____________] [_____] II. POOL BALANCE AND PORTFOLIO INFORMATION Beginning of Period Ending of Period Change Balance Pool Factor Balance Pool Factor Class A-1 Notes $[_____________] [_____] [_____] [_____] [_____] Class A-2 Notes $[_____________] [_____] [_____] [_____] [_____] Class A-3 Notes $[_____________] [_____] [_____] [_____] [_____] Class A-4 Notes $[_____________] [_____] [_____] [_____] [_____] Total Securities $[_____________] [_____] [_____] [_____] [_____] Weighted Avg. Coupon (WAC) [_____] [_____] Weighted Avg. Remaining Maturity (WARM) [_____] [_____] Pool Receivables Balance $[_____________] $[_____________] Remaining Number of Receivables [_____] [_____] Adjusted Pool Balance $[_____________] $[_____________] Hyundai Auto Receivables Trust 2009-A Monthly Servicing Report Collection Period [_____] Distribution Date [_____] Transaction Month [_____] 30/360 Days [_____] Actual/360 Days [_____] III. COLLECTIONS Principal: Principal Collections $[_____________] Repurchased Contract Proceeds Related to Principal $[_____________] Recoveries/Liquidation Proceeds $[_____________] Total Principal Collections $[_____________] Interest: Interest Collections $[_____________] Late Fees & Other Charges $[_____________] Interest on Repurchase Principal $[_____________] Total Interest Collections $[_____________] Collection Account Interest $[_____________] Reserve Account Interest $[_____________] Servicer Advances $[_____________] Total Collections $[_____________] Hyundai Auto Receivables Trust 2009-A Monthly ...
Sample 1See All (6)
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $[ ].
Sample 1Sample 2Sample 3See All (4)
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $709,573,681.53. EXHIBIT B Form of Record Date Statement Hyundai Auto Receivables Trust 2008-A Monthly Servicing Report Collection Period [_______ ] Distribution Date [_____ ] Transaction Month [_____ ] 30/360 Days [_____ ] Actual/360 Days [_____ ]
Sample 1
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $[ ]. EXHIBIT B Form of Record Date Statement See attached. EXHIBIT C Form of Servicer’s Certificate Collection Period: ________________ Distribution Date: ________________ Hyundai Auto Receivables Trust 200[ ]-[ ] The undersigned certifies that he is an officer of Hyundai Motor Finance Company, a California corporation (“HMFC”) and that as such he is duly authorized to execute and deliver this certificate on behalf of HMFC pursuant to Section 4.09 of the Sale and Servicing Agreement dated [ ], 200[ ] among Hyundai Auto Receivables Trust 200[ ]-[ ], as Issuer, Hyundai ABS Funding Corporation, as Depositor, HMFC, as Seller and Servicer and [ ], as Indenture Trustee (the “Sale and Servicing Agreement”) (all capitalized terms used herein without definition have the respective meanings specified in the Sale and Servicing Agreement) and further certifies that:
Sample 1
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $855,479,000.03. EXHIBIT B Form of Record Date Statement B-1 (2005-A Sale and Servicing Agreement) EXHIBIT C Form of Servicer’s Certificate Collection Period: ________________ Distribution Date: ________________ Hyundai Auto Receivables Trust 2005-A The undersigned certifies that he is an officer of Hyundai Motor Finance Company, a California corporation (“HMFC”) and that as such he is duly authorized to execute and deliver this certificate on behalf of HMFC pursuant to Section 4.09 of the Sale and Servicing Agreement dated July 8, 2005 among Hyundai Auto Receivables Trust 2005-A, as Issuer, Hyundai ABS Funding Corporation, as Depositor, HMFC, as Seller and Servicer and Citibank, N.A., as Indenture Trustee (the “Sale and Servicing Agreement”) (all capitalized terms used herein without definition have the respective meanings specified in the Sale and Servicing Agreement) and further certifies that:
Sample 1
Balance as of Cutoff Date. The aggregate principal balance of the Receivables as of the Cutoff Date is equal to $807,850,711.24. Form of Record Date Statement EXHIBIT C Form of Servicer's Certificate
Sample 1
AutoNDA by SimpleDocs

Related to Balance as of Cutoff Date

  • Books and Records; Certain Funds Received After the Cut-Off Date From and after the sale of the Mortgage Loans to the Purchaser, record title to each Mortgage (other than with respect to any Outside Serviced Mortgage Loan) and each Note shall be transferred to the Trustee subject to and in accordance with this Agreement. Any funds due after the Cut-Off Date in connection with a Mortgage Loan received by the Seller shall be held in trust on behalf of the Trustee (for the benefit of the Certificateholders) as the owner of such Mortgage Loan and shall be transferred promptly to the Certificate Administrator. All scheduled payments of principal and interest due on or before the Cut-Off Date but collected after the Cut-Off Date, and all recoveries and payments of principal and interest collected on or before the Cut-Off Date (only in respect of principal and interest on the Mortgage Loans due on or before the Cut-Off Date and principal prepayments thereon), shall belong to, and shall be promptly remitted to, the Seller. The transfer of each Mortgage Loan shall be reflected on the Seller’s balance sheets and other financial statements as the sale of such Mortgage Loan by the Seller to the Purchaser. The Seller intends to treat the transfer of each Mortgage Loan to the Purchaser as a sale for tax purposes. Following the transfer of the Mortgage Loans by the Seller to the Purchaser, the Seller shall not take any actions inconsistent with the ownership of the Mortgage Loans by the Purchaser and its assignees. The transfer of each Mortgage Loan shall be reflected on the Purchaser’s balance sheets and other financial statements as the purchase of such Mortgage Loan by the Purchaser from the Seller. The Purchaser intends to treat the transfer of each Mortgage Loan from the Seller as a purchase for tax purposes. The Purchaser shall be responsible for maintaining, and shall maintain, a set of records for each Mortgage Loan which shall be clearly marked to reflect the transfer of ownership of each Mortgage Loan by the Seller to the Purchaser pursuant to this Agreement. It is expressly agreed and understood that, notwithstanding the assignment of the Loan Documents, it is expressly intended that the Seller will receive the benefit of any securitization indemnification provisions in the Loan Documents.

  • Origination Date The origination date is no earlier than ninety (90) days prior to the related Purchase Date.

  • Past Due Accounts Accounts that are not paid within the earlier of sixty (60) days following its due date or ninety (90) days following its original invoice date;

  • Cut-Off Date Aggregate Principal Balance The Cut-Off Date Aggregate Principal Balance is $850,069,757.10

  • Collection and Allocation of Receivable Payments The Servicer shall make reasonable efforts to collect all payments called for under the Receivables as and when the same shall become due and shall follow its Servicing Procedures. The Servicer shall allocate collections between principal and interest in accordance with its Servicing Procedures. Without limiting the generality of the preceding or Section 4.1, the Servicer may grant extensions, rebates, refunds, deferrals, amendments, modifications or adjustments on a Receivable (regardless of whether or not the Receivable is a 180-Day Receivable, subject only to the following proviso) in accordance with its Servicing Procedures; provided, however, that if a Receivable is not a 180-Day Receivable and the Servicer (i) extends the date for final payment by the Obligor of any Receivable beyond the Final Scheduled Maturity Date or (ii) reduces the APR of a Receivable or reduces the aggregate amount of the Scheduled Payments due on any Receivable other than as required by applicable law (including the order of a court of competent jurisdiction), the Servicer may make such modifications to a Receivable but it shall promptly purchase the Receivable from the Issuing Entity in accordance with Section 4.6 (a “Modification Purchase Event”); provided, further, that the Servicer shall not make a modification described in the preceding clause (i) or (ii) that would trigger a Modification Purchase Event for the sole purpose of purchasing a Receivable from the Issuing Entity. The Servicer may, in accordance with its Servicing Procedures, waive any late payment charge or any other fees that may be collected in the ordinary course of servicing a Receivable. Subject to the proviso of the third sentence of this Section 4.2, the Servicer and its Affiliates may engage in any marketing practice or promotion or any sale of any products, goods or services to Obligors with respect to the Receivables so long as such practices, promotions or sales are offered to obligors of comparable equipment receivables serviced by the Servicer for itself or others, whether or not such practices, promotions or sales might result in a decrease in the aggregate amount of payments on the Receivables, prepayments or faster or slower timing of the payment of the Receivables. The Servicer and its Affiliates may also sell insurance or debt cancellation products, including products which result in the cancellation of some or all of the amount of a Receivable upon the death or disability of an Obligor or any casualty with respect to the Financed Equipment. Notwithstanding anything in this Agreement to the contrary, the Servicer and its Affiliates may refinance any Receivable and deposit an amount equal to the Purchase Amount for such Receivable into the Collection Account. The receivable created by such refinancing shall not be property of the Issuing Entity, and related Financed Equipment and any part of the Receivables Files and other CNHCR Assets related to such Receivable shall be released to the Servicer or its Affiliate and shall no longer be subject to the terms hereof or the Indenture; provided further, that any security interests in favor of the Issuing Entity or the Indenture Trustee hereunder or under the Indenture in the related Financed Equipment and any other CNHCR Assets related to such Receivable shall be deemed released upon such deposit. The parties hereto intend that the Servicer and its Affiliates will not refinance a Receivable pursuant to this Section 4.2 in order to provide direct or indirect assurance to the Depositor, the Indenture Trustee, the Trustee, the Noteholders, or the Certificateholder, as applicable, against loss by reason of the bankruptcy or insolvency (or other credit condition) of, or default by, the Obligor on, or the uncollectability of, any Receivable.

  • Reserve Accounts All reserves, escrows and deposit accounts required under the Loan Documents and all cash, checks, drafts, certificates, securities, investment property, financial assets, instruments and other property held therein from time to time and all proceeds, products, distributions or dividends or substitutions thereon and thereof;

  • Persons Having Access to Assets of the Portfolios Notwithstanding anything to the contrary contained in this Agreement, no Authorized Person, Trustee, officer, employee or agent of any Fund shall have physical access to the assets of any Portfolio of that Fund held by the Custodian nor shall the Custodian deliver any assets of a Portfolio for delivery to an account of such person; provided, however, that nothing in this Section 3.03 shall prohibit (a) any Authorized Person from giving Proper Instructions, or any person authorized to issue Special Instructions from issuing Special Instructions, so long as such action does not result in delivery of or access to assets of any Portfolio prohibited by this Section 3.03; or (b) each Fund's independent certified public accountants from examining or reviewing the assets of the Portfolios of the Fund held by the Custodian. Each Fund shall deliver to the Custodian a written certificate identifying such Authorized Persons, Trustees, officers, employees and agents of such Fund.

  • Collection Accounts Section 3.11 Withdrawals from the Collection Accounts..................... Section 3.12 Investment of Funds in the Collection Accounts and the Distribution Account......................................... Section 3.13 Maintenance of Hazard Insurance and Errors and Omissions and Fidelity Coverage........................................ Section 3.14 Enforcement of Due-on-Sale Clauses; Assumption Agreements.... Section 3.15

  • Set Up Accounts (a) Bank shall establish and maintain the following accounts ("Accounts"):

  • Collection of Mortgage Loan Payments; Certificate Account; Distribution Account (a) The Master Servicer shall make reasonable efforts in accordance with the customary and usual standards of practice of prudent mortgage servicers to collect all payments called for under the terms and provisions of the Mortgage Loans to the extent such procedures shall be consistent with this Agreement and the terms and provisions of any related Required Insurance Policy. Consistent with the foregoing, the Master Servicer may in its discretion (i) waive any late payment charge or any prepayment charge or penalty interest in connection with the prepayment of a Mortgage Loan and (ii) extend the due dates for payments due on a Mortgage Note for a period not greater than 180 days; provided, however, that the Master Servicer cannot extend the maturity of any such Mortgage Loan past the date on which the final payment is due on the latest maturing Mortgage Loan as of the Cut-off Date. In the event of any such arrangement, the Master Servicer shall make Advances on the related Mortgage Loan in accordance with the provisions of Section 4.1 during the scheduled period in accordance with the amortization schedule of such Mortgage Loan without modification thereof by reason of such arrangements. The Master Servicer shall not be required to institute or join in litigation with respect to collection of any payment (whether under a Mortgage, Mortgage Note or otherwise or against any public or governmental authority with respect to a taking or condemnation) if it reasonably believes that enforcing the provision of the Mortgage or other instrument pursuant to which such payment is required is prohibited by applicable law.

Time is Money Join Law Insider Premium to draft better contracts faster.