Summarized Collection Data Clause Samples
The Summarized Collection Data clause defines the requirement for providing aggregated or consolidated information about collected data, rather than detailed or individual-level records. In practice, this means that reports or disclosures will present totals, averages, or other summary statistics, which can apply to financial transactions, user activity, or other collected metrics. The core function of this clause is to streamline reporting, protect sensitive individual data, and facilitate easier analysis by focusing on high-level trends rather than granular details.
Summarized Collection Data. For the second Billing Month, the Daily Servicer’s Reports (points 2 and 3 above) are summarized into one set of reports. This summarized amount is the total Securitization Charges collected, which will be remitted to the Trustee on a daily basis. (Daily Servicer’s Report) The definitions contained in this Appendix A are applicable to the singular as well as the plural forms of such terms. Act has the meaning specified in Section 11.03(a) of the Indenture.
Summarized Collection Data. For the first Billing Month, the Daily Servicer’s Reports (points 1 and 3 above) are summarized into one set of reports. This summarized amount is the total Securitization Charges collected, which will be remitted to the Trustee on a daily basis. (Daily Servicer’s Report) Second Securitization Charge Rate Change Month To calculate the appropriate Securitization Ratio for the second Billing Month after the Securitization Charge Rate change: Collection Applicable to Prior Securitization Charge Rate
1. Billing Data: For the second Billing Month, the amount of Securitization Charges collected is recalculated by multiplying the KWh billed by the prior Securitization Charge Rate. The total calculated Securitization Charges billed are divided by the total charges billed by Consumers and the Servicer for each rate class. This information is then used for the second Billing Month’s second calculation process (point 2). (Monthly Ratio Analysis)
Summarized Collection Data. For the first Billing Month, the Daily Servicer's Reports (points 1 and 3 above) are summarized into one set of reports to the Trustee. This amount is the total Securitization Charges collected, which will be remitted to the Trustee on a daily basis. (Daily Servicer's Report) Second Rate Change Month To calculate the appropriate Securitization Ratio for the second Billing Month after the rate change: Collection Applicable to Prior Rate