Class A Costs Sample Clauses
The 'Class A Costs' clause defines a specific category of expenses that are recognized and treated distinctly within an agreement. Typically, this clause outlines which costs qualify as 'Class A,' such as certain administrative fees, regulatory charges, or other pre-identified expenditures, and may detail how these costs are to be allocated or reimbursed among the parties. By clearly delineating what constitutes Class A Costs, the clause ensures transparency and prevents disputes over cost responsibility, thereby facilitating smoother financial management and accountability within the contractual relationship.
Class A Costs. On each Business Day, the Trustee acting in accordance with instructions from the Servicer, shall withdraw first from the Collection Account and then from the Payment Reserve Account and deposit into the Interest Funding Account, to the extent of any Available Series 1997-1 Imputed Yield Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vii) of the Agreement, an amount equal to the lesser of (x) any such remaining Available Series 1997-1 Imputed Yield Collections and (y) the Class A Costs for such Business Day and any such amounts that remain unpaid from any source from previous days to the extent not included in Class A Costs for such Business Day.
Class A Costs. On each Business Day, the Trustee acting in accordance with instruc- tions from the Servicer, shall withdraw first from the Cap Proceeds Account to the extent of the re- maining Cap Receipt Amount for such Business Day and then from the Collection Account and then from the Payment Reserve Account and pay to the Class A Certificateholder, to the extent of any Available Series 1995-1 Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (xiv), an amount equal to the lesser of (x) any such remaining Available Series 1995-1 Finance Charge Collections and (y) the Class A Costs for such Business Day and any such amounts that remain unpaid from previous days to the extent not included in Class A Costs for such Busi- ness Day.
Class A Costs. On each Business Day, the Trustee acting in accordance with instructions from the Servicer, shall withdraw first from the Collection Account and then from the Payment Reserve Account and shall deposit in the Interest Funding Account, to the extent of any Available Series 1998-A Finance Charge Collections remaining after giving effect to the withdrawals pursuant to subsections 4.9(a)(i) through (vi), an amount equal to the lesser of (x) any such remaining Available Series 1998-A Finance Charge Collections and (y) the Class A Costs and any other amounts owed to the Funding Agent on behalf of the CP Vehicle and the APA Banks pursuant to the Asset Purchase Agreement or the Securities Purchase Agreement, to be applied in accordance with this Series Supplement, the Asset Purchase Agreement or the Securities Purchase Agreement.
