SERIES ALLOCATIONS Sample Clauses

SERIES ALLOCATIONS. Invested Amount Adjusted Invested Amount Principal Funding Account Balance Series Required Transferor Amount Series Allocation Percentage Series Allocable Finance Charge Collections Series Allocable Recoveries Series Allocable Principal Collections Series Allocable Defaulted Amount Group ___ $ ________ $ ______ $ ______ $ ______ ______ % $ ______ $ ______ $ ______ $ ______ Other $ ________ $ ______ $ ______ $ ______ ______ % $ ______ $ ______ $ ______ $ ______ Total Trust C. GROUP ALLOCATIONS Invested Amount Investor Finance Charge Collections Investor Monthly Interest Investor Default Amount Investor Monthly Fees Investor Additional Amounts Total Reallocated Investor Finance Charge Collections Investment Funding Account Proceeds Available Excess Group ___ $ ______ $ _______ $ _______ $ _______ $ _______ $ _______ $ ____ $ ________ $ ________ $ ________ Total $ ______ $ _______ $ _______ $ _______ $ _______ $ _______ $ ____ $ ________ $ ________ $ ________ Trust Total $ ______ $ _______ $ _______ $ _______ $ _______ $ _______ $ ____ $ ________ $ ________ $ ________ Group Investor Finance Charge Collections Group Expenses Group Reallocable Investor Finance Charge Collections Group ___ $________ D. TRUST PERFORMANCE Delinquencies Dollar Amount Percentage of Ending Total Receivables Number of Accounts Percentage of Total Number of Accounts 31-60 Days Delinquent $ _________ _________ % _________ % 61-90 Days Delinquent $ _________ _________ % _________ % 91-120 Days Delinquent $ _________ _________ % _________ % 120+ Days Delinquent $ _________ _________ % _________ % Total 30+ Days Delinquent $ _________ _________ % _________ % Loss Experience: Ending Principal Receivables Balance Defaulted Amount Recoveries Net Default Amount Annualized Default Rate _________ % Annualized Recovery Rate _________ % Annualized Default Rate, Net of Recoveries _________ % Number of Accounts Experiencing a Loss ________ Number of Accounts Experiencing a Recovery ________ Average Net Default Amount per Account Experiencing a Loss ________
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SERIES ALLOCATIONS. The Servicer shall allocate Collections of Principal Receivables, Collections of Finance Charge Receivables, Series Dilution Amounts and Loss Amounts to each Certificate Series, each Receivables Purchase Series and to the Holder of the Exchangeable Seller Certificate, based on the Investor/Purchaser Percentage for each such Series and the Seller Percentage for the Exchangeable Seller Certificate, in accordance with this Article IV and shall withdraw the required amounts from the Collection Account or the Initial Depository Account or the Excess Funding Account to pay such amounts in accordance with this Article IV and any Supplement or Receivables Purchase Agreement. The Servicer shall make such deposits or payments on the date indicated therein by wire transfer or as otherwise provided in the related Supplement or Receivables Purchase Agreement with respect to any Series.
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SERIES ALLOCATIONS. The Servicer shall allocate Collections of Principal Receivables, Collections of Finance Charge Receivables and Loss Amounts to each Certificate Series, each Receivables Purchase Series and to the Holder of the Exchangeable Seller Certificate, based on the Investor/Purchaser Percentage for each such Series and the Seller Percentage for the Exchangeable Seller Certificate, in accordance with this Article IV and shall withdraw the required amounts from the Collection Account or the Initial Depository Account or the Excess Funding Account to pay such amounts in accordance with this Article IV and any Supplement or Receivables Purchase Agreement. The Servicer shall make such deposits or payments on the date indicated therein by wire transfer or as otherwise provided in the related Supplement or Receivables Purchase Agreement with respect to any Series.
Sample 1
SERIES ALLOCATIONS. (i) On each Business Day, the Servicer shall instruct the Trustee in writing to allocate Collections of Principal Receivables, Collections of Finance Charge Receivables and Loss Amounts to each Series, in each case in an amount equal to the product of (A) the Investor Percentage for each such Series for the most recently ended Due Period and (B) (1) all Collections of Principal Receivables deposited in the Concentration Account on such Business Day, (2) all Collections of Finance Charge Receivables deposited in the Concentration Account on such Business Day or (3) all Loss Amounts incurred on such Business Day, as the case may be.
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SERIES ALLOCATIONS. The Servicer shall allocate Collections of Principal Receivables, Collections of Finance Charge Receivables, Series Dilution Amounts and Loss Amounts to each Note Series and to the Holder of the Transferor Interest, based on the Investor Percentage for each such Series and the Transferor Percentage for the Transferor Interest, in accordance with this Section 8.4; provided that on any Distribution Date the Servicer may make technical adjustments in the methods for calculating the denominator used in such allocations (other than allocations of principal for any Series or Certificate Series that is in an Amortization Period) to the extent that (i) different Series or Certificate Series contain minor differences in the way such denominators are calculated due to differing “Reset Date” definitions, (ii) such differences create mathematical inconsistencies with respect to the reconcilement of the sum of the amounts, and (iii) such adjustments will not reduce the distributions to any Holder on such Distribution Date or result in reduction in the Collateral Amount for such Series. Following such allocation, the Servicer shall cause the Receivables Trust Trustee to withdraw the required amounts from the Collection Account or the Excess Funding Account to pay such amounts in accordance with this Section 8.4 and any Indenture Supplement. The Servicer shall make such deposits or payments on the date indicated therein by wire transfer or as otherwise provided in the related Indenture Supplement with respect to any Series.
Sample 1
SERIES ALLOCATIONS. The Servicer shall daily instruct the Trustee in writing to allocate Collections of Principal Receivables, Collections of Finance Charge Receivables, Series Dilution Amounts and Loss Amounts to each Series and to the Holder of the Exchangeable Transferor Certificate, based on the Investor Percentage for each such Series and the Transferor Percentage for the Exchangeable Transferor Certificate, in accordance with this Article IV and shall withdraw the required amounts from the Collection Account or the Initial Depository Account or the Excess Funding Account to pay such amounts in accordance with this Article IV and any Supplement. The Servicer shall make such deposits or payments on the date indicated therein by wire transfer or as otherwise provided in the related Supplement with respect to any Series. Allocations for the Exchangeable Transferor Certificate. Throughout the existence of the Trust, unless otherwise stated in any Supplement, the Servicer shall instruct the Trustee in writing to allocate to the Holder of the Exchangeable Transferor Certificate an amount equal to the sum of (i) the product of (A) the Transferor Percentage and (B) the aggregate amount of such Collections allocated to Principal Receivables and Finance Charge Receivables, respectively, in respect of each Due Period, and (ii) any additional amounts out of the Aggregate Investor Interest allocated to the "Transferor Interest" pursuant to any Supplement; provided, however, that the Servicer, at the option of the Transferor, may allocate all or a portion of such amounts to maintain any cash collateralization requirement in connection with the Investor Interest under any Variable Certificate from time to time. Unless otherwise stated in any Supplement, the Servicer need not deposit this amount or any other amounts so allocated to the Exchangeable Transferor Certificate pursuant to any Supplement into the Collection Account and shall pay such amounts as collected to the Holder of the Exchangeable Transferor Certificate; provided, however, the Servicer shall be entitled to deduct from such amounts and retain an amount equal to the unpaid portion of any Transferor Monthly Servicing Fee then due and payable.
Sample 1
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Related to SERIES ALLOCATIONS

  • Other Allocations Except as otherwise provided in this Agreement, all items of Partnership income, loss, deduction, and any other allocations not otherwise provided for shall be divided among the Unit Holders in the same proportions as they share Profits or Losses, as the case may be, for the year.

  • Tax Allocations Each item of income, gain, loss or deduction recognized by the Company shall be allocated among the Members for U.S. federal, state and local income tax purposes in the same manner that each such item is allocated to the Member’s Capital Accounts pursuant to Section 3.2(d) or as otherwise provided herein, provided that the Board may adjust such allocations as long as such adjusted allocations have substantial economic effect or are in accordance with the interests of the Members in the Company, in each case within the meaning of the Code and the Treasury Regulations. Tax credits and tax credit recapture shall be allocated in accordance with the Members’ interests in the Company as provided in Treasury Regulations section 1.704-1(b)(4)(ii). Items of Company taxable income, gain, loss and deduction with respect to any property (other than cash) contributed to the capital of the Company or revalued shall, solely for tax purposes, be allocated among the Members, as determined by the Board in accordance with Section 704(c) of the Code, so as to take account of any variation between the adjusted basis of such property to the Company for U.S. federal income tax purposes and its fair market value at the time of contribution or revaluation, as the case may be. All of the Members agree that the Board is authorized to select the method or convention, or to treat an item as an extraordinary item, in relation to any variation of any Member’s interest in the Company described in section 1.706-4 of the Treasury Regulations in determining the Members’ distributive shares of Company items. All matters concerning allocations for U.S. federal, state and local and non-U.S. income tax purposes, including accounting procedures, not expressly provided for by the terms of this Agreement shall be determined by the Board in its sole discretion. Each Class B Ordinary Share is intended to be treated as a profits interest for U.S. federal income tax purposes, and all of the Members agree to report consistently with, and to take any action requested by the Board to ensure, such treatment.

  • Tax Allocation The Purchase Price shall be allocated in accordance with Section 1060 of the Code among the Timberlands, minerals, Timberlands Contracts, and the Personal Property using the methodology mutually approved by Seller and Purchaser in the manner set forth in this Section 37, provided that such allocation methodology shall incorporate, reflect and be consistent with (a) the allocation set forth in Section 2.1, (b) the Value Table (other than the per acre values set forth therein) and (c) Exhibit 48 (the “Allocation Framework”). No later than sixty (60) days after the Closing Date, Seller shall deliver to Purchaser an allocation of the Purchase Price among the Timberlands, minerals, Timberlands Contracts, and Personal Property, which allocation shall be reasonable, based on fair market values, consistent with the Code, shall incorporate, reflect and be consistent with the Allocation Framework and to the extent relating to the portion of the Purchase Price paid for the Timberlands, set forth an allocation between the Installment Sale Timberlands and the Non-Installment Sale Timberlands (the “Proposed Allocation”). No later than one hundred twenty (120) days after the Closing Date, Seller and Purchaser shall endeavor to agree on the Proposed Allocation. In the event that Seller and Purchaser have not so agreed by such date Purchaser and Seller shall negotiate in good faith to resolve the dispute. If Purchaser and Seller fail to agree on such allocation before the date that is one hundred fifty (150) days following the Closing Date, such allocation shall be determined, within a reasonable time and in a manner that incorporates, reflects and is consistent with the Allocation Framework, by an independent, nationally recognized firm of accountants mutually selected by the Parties. The allocation of the total consideration, as agreed upon by Purchaser and Seller or determined by a firm of accountants under this Section 37, (the “Final Allocation”) shall be final and binding upon the Parties. Each of Purchaser and Seller shall bear all fees and costs incurred by it in connection with the determination of the allocation of the total consideration, except that the Parties shall each pay fifty percent (50%) of the fees and expenses of such accounting firm. Except to the extent otherwise required by applicable law, (a) Seller and Purchaser agree to prepare and file an IRS Form 8594 for or such other form or statement as may be required by applicable law, rule or regulation, and any comparable state or local income Tax form, in a manner consistent with the Final Allocation, (b) Seller and Purchaser shall adhere to the Final Allocation for all Tax-related purposes including any federal, foreign, state, county or local income and franchise Tax Return filed by them after the Closing Date, including the determination by Seller of Taxable gain or loss on the sale and the determination by Purchaser of its Tax basis with respect to same, and (c) neither Purchaser nor Seller shall file any Tax Return or, in a judicial or administrative proceeding, assert or maintain any Tax reporting position that is inconsistent with this Agreement or the Final Allocation agreed to in accordance with this Agreement.

  • Special Allocations The following special allocations shall be made in the following order:

  • Allocations The profits and losses of the Company shall be allocated to the Members in accordance with their Percentage Interests from time to time.

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