{"component": "definition", "props": {"groups": [{"snippet": "shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.", "snippet_links": [{"key": "the-indenture", "type": "clause", "offset": [58, 71]}], "size": 161, "samples": [{"hash": "k8NS4lu9dAi", "uri": "/contracts/k8NS4lu9dAi#excess-collections", "label": "Sale and Servicing Agreement (CarMax Auto Owner Trust 2026-2)", "score": 37.3230667114, "published": true}, {"hash": "9MqV8kX65Hy", "uri": "/contracts/9MqV8kX65Hy#excess-collections", "label": "Sale and Servicing Agreement (CarMax Auto Owner Trust 2026-2)", "score": 37.306640625, "published": true}, {"hash": "637iy2h2NsW", "uri": "/contracts/637iy2h2NsW#excess-collections", "label": "Sale and Servicing Agreement (CarMax Auto Owner Trust 2026-1)", "score": 37.0739212036, "published": true}], "hash": "01b7c0f53b63cf1c3419da86d6e3356c", "id": 1}, {"snippet": "means, with respect to any Payment Date, any Available Funds remaining after the distributions have been made pursuant to Section 2.08(a)(i) through (a)(viii) or Section 2.08(f)(i) through (f)(vi) of the Indenture.", "snippet_links": [{"key": "with-respect-to", "type": "clause", "offset": [7, 22]}, {"key": "payment-date", "type": "clause", "offset": [27, 39]}, {"key": "funds-remaining", "type": "definition", "offset": [55, 70]}, {"key": "the-distributions", "type": "clause", "offset": [77, 94]}, {"key": "pursuant-to-section", "type": "clause", "offset": [110, 129]}, {"key": "the-indenture", "type": "clause", "offset": [200, 213]}], "size": 53, "samples": [{"hash": "1BmpUWeDGK4", "uri": "/contracts/1BmpUWeDGK4#excess-collections", "label": "Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2025-1)", "score": 36.0718688965, "published": true}, {"hash": "a0vJwlAFiJF", "uri": "/contracts/a0vJwlAFiJF#excess-collections", "label": "Sale and Servicing Agreement (Mercedes-Benz Auto Receivables Trust 2025-1)", "score": 36.0417518616, "published": true}, {"hash": "c5ZfIo9PXek", "uri": "/contracts/c5ZfIo9PXek#excess-collections", "label": "Sale and Servicing Agreement (Daimler Trucks Retail Trust 2024-1)", "score": 35.3134841919, "published": true}], "hash": "437eec8dfdf3207d0232b288a8efd4df", "id": 2}, {"snippet": "is defined in Section 2.3(f)(i).", "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [3, 21]}], "size": 41, "samples": [{"hash": "97PmmyT8Uws", "uri": "/contracts/97PmmyT8Uws#excess-collections", "label": "Series Supplement (Avis Budget Group, Inc.)", "score": 26.4045181274, "published": true}, {"hash": "jlOE1TImOf5", "uri": "/contracts/jlOE1TImOf5#excess-collections", "label": "Series Supplement (Avis Budget Group, Inc.)", "score": 26.0787124634, "published": true}, {"hash": "aToQqZiwE8X", "uri": "/contracts/aToQqZiwE8X#excess-collections", "label": "Series Supplement (Avis Budget Group, Inc.)", "score": 25.5722103119, "published": true}], "hash": "dcd05a593dbcf7ae3b9158e750850bba", "id": 3}, {"snippet": "is defined in Section 3.3(e)(i).", "snippet_links": [{"key": "defined-in-section", "type": "clause", "offset": [3, 21]}], "size": 27, "samples": [{"hash": "2rQo8LNfEUb", "uri": "/contracts/2rQo8LNfEUb#excess-collections", "label": "Series 2025 1 Supplement (Avis Budget Group, Inc.)", "score": 37.1341552734, "published": true}, {"hash": "h1Du0BOglt0", "uri": "/contracts/h1Du0BOglt0#excess-collections", "label": "Sixth Amended and Restated Series 2010 6 Supplement (Avis Budget Group, Inc.)", "score": 35.1820678711, "published": true}, {"hash": "eHeJ2RZlhae", "uri": "/contracts/eHeJ2RZlhae#excess-collections", "label": "Fourth Amended and Restated Series 2015 3 Supplement (Avis Budget Group, Inc.)", "score": 33.1820678711, "published": true}], "hash": "e1261716c384e7a9a40b24401bff2f48", "id": 4}, {"snippet": "has the meaning specified in the Indenture.", "snippet_links": [{"key": "the-indenture", "type": "clause", "offset": [29, 42]}], "size": 19, "samples": [{"hash": "g6IeiUD7Pe4", "uri": "/contracts/g6IeiUD7Pe4#excess-collections", "label": "Sale and Servicing Agreement (Wachovia Auto Owner Trust 2008-A)", "score": 21.0, "published": true}, {"hash": "bJDzUGYF8FM", "uri": "/contracts/bJDzUGYF8FM#excess-collections", "label": "Trust Agreement (Wachovia Auto Loan Owner Trust 2007-1)", "score": 21.0, "published": true}, {"hash": "aTS2zQhQOXT", "uri": "/contracts/aTS2zQhQOXT#excess-collections", "label": "Trust Agreement (WDS Receivables LLC)", "score": 21.0, "published": true}], "hash": "ce611c3c97810634fd445dd2b3f894e7", "id": 5}, {"snippet": "has the meaning specified in Section 2.08(a)(x).", "snippet_links": [], "size": 15, "samples": [{"hash": "iEsbeHU5YcB", "uri": "/contracts/iEsbeHU5YcB#excess-collections", "label": "Indenture (WDS Receivables LLC)", "score": 21.0, "published": true}, {"hash": "cJ0BJCiqDqs", "uri": "/contracts/cJ0BJCiqDqs#excess-collections", "label": "Indenture (Wachovia Auto Owner Trust 2008-A)", "score": 19.0, "published": true}, {"hash": "9bQTZ7uP2aQ", "uri": "/contracts/9bQTZ7uP2aQ#excess-collections", "label": "Indenture (Wachovia Auto Owner Trust 2006-A)", "score": 18.0, "published": true}], "hash": "d0570301bd35a05ff4f4919fe3f58d38", "id": 6}, {"snippet": "shall have the meaning specified in Section 2.8(a)(xii).", "snippet_links": [], "size": 14, "samples": [{"hash": "fcx5qtYeUmZ", "uri": "/contracts/fcx5qtYeUmZ#excess-collections", "label": "Indenture (CarMax Auto Owner Trust 2004-1)", "score": 21.0, "published": true}, {"hash": "fbvnCty6PXo", "uri": "/contracts/fbvnCty6PXo#excess-collections", "label": "Indenture (Carmax Auto Funding LLC)", "score": 18.0, "published": true}, {"hash": "dUWusFscvvh", "uri": "/contracts/dUWusFscvvh#excess-collections", "label": "Indenture (Carmax Auto Funding LLC)", "score": 18.0, "published": true}], "hash": "25391e5650232604654861ad9a3cf4d0", "id": 7}, {"snippet": "means the amount, if any, by which debt taxes collected in the preceding year exceeded the amount anticipated in the preceding year's calculation of the rollback tax rate, as certified by the collector under Section 26.04(b) [of this code].", "snippet_links": [{"key": "preceding-year", "type": "definition", "offset": [63, 77]}, {"key": "calculation-of-the", "type": "clause", "offset": [134, 152]}, {"key": "rollback-tax-rate", "type": "definition", "offset": [153, 170]}, {"key": "certified-by", "type": "definition", "offset": [175, 187]}, {"key": "this-code", "type": "definition", "offset": [229, 238]}], "size": 14, "samples": [{"hash": "caa8dpAgdox", "uri": "https://www.capitol.state.tx.us/tlodocs/851/billtext/doc/SB00001E.doc", "label": "www.capitol.state.tx.us", "score": 18.0881710052, "published": false}, {"hash": "d7mB8iSE7XU", "uri": "https://capitol.texas.gov/tlodocs/86R/billtext/doc/SB00002H.docx", "label": "capitol.texas.gov", "score": 5.9199180603, "published": false}, {"hash": "ag8mJmj8QRh", "uri": "https://capitol.texas.gov/tlodocs/86R/billtext/doc/HB00002I.docx", "label": "capitol.texas.gov", "score": 5.9199180603, "published": false}], "hash": "5c5ce5cc7dfca4aa7fad0542d841f13e", "id": 8}, {"snippet": "means the amount, if any, by", "snippet_links": [], "size": 9, "samples": [{"hash": "4exqeGYah9i", "uri": "https://www.legis.state.tx.us/tlodocs/86R/billtext/pdf/SB01430I.PDF", "label": "www.legis.state.tx.us", "score": 11.981344223, "published": false}, {"hash": "fwX3Rkq2ACP", "uri": "https://capitol.texas.gov/tlodocs/86R/billtext/pdf/SB00002H.pdf", "label": "capitol.texas.gov", "score": 7.6598219872, "published": false}, {"hash": "2YL6VFaIY3O", "uri": "https://capitol.texas.gov/tlodocs/86R/billtext/pdf/SB00002E.pdf", "label": "capitol.texas.gov", "score": 7.6420259476, "published": false}], "hash": "6ed183031b4b559d33335b2db8a50ed4", "id": 9}, {"snippet": "means, as of any date that is one day prior to any date of determination, an amount equal to the Available Amounts on such date, solely to the extent such Available Amounts are in excess of the amounts necessary to satisfy an amount equal to the product of (x) one and one-fifth (1.20) and (b) all estimated accrued and unpaid Interest, Servicing Fees, Collateral Agent Fees, and known expenses that will be payable on the next Payment Date pursuant to Section 2.4(a).", "snippet_links": [{"key": "prior-to", "type": "definition", "offset": [38, 46]}, {"key": "date-of-determination", "type": "clause", "offset": [51, 72]}, {"key": "equal-to", "type": "definition", "offset": [84, 92]}, {"key": "available-amounts", "type": "definition", "offset": [97, 114]}, {"key": "to-the-extent", "type": "clause", "offset": [136, 149]}, {"key": "the-product", "type": "clause", "offset": [242, 253]}, {"key": "accrued-and-unpaid-interest", "type": "definition", "offset": [308, 335]}, {"key": "servicing-fees", "type": "definition", "offset": [337, 351]}, {"key": "collateral-agent-fees", "type": "clause", "offset": [353, 374]}, {"key": "next-payment-date", "type": "definition", "offset": [423, 440]}, {"key": "pursuant-to-section", "type": "clause", "offset": [441, 460]}], "size": 7, "samples": [{"hash": "6f0msQaZMCG", "uri": "/contracts/6f0msQaZMCG#excess-collections", "label": "Note Issuance and Purchase Agreement (Enova International, Inc.)", "score": 37.306640625, "published": true}, {"hash": "fZrg0Cy0f4I", "uri": "/contracts/fZrg0Cy0f4I#excess-collections", "label": "Note Issuance and Purchase Agreement (Enova International, Inc.)", "score": 36.1321029663, "published": true}, {"hash": "jFk5mfHfhGH", "uri": "/contracts/jFk5mfHfhGH#excess-collections", "label": "Note Issuance and Purchase Agreement (Enova International, Inc.)", "score": 34.1471595764, "published": true}], "hash": "b70cd26c6717643dd2c6c40eeaa04198", "id": 10}], "next_curs": "Cl8SWWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjsLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIbZXhjZXNzLWNvbGxlY3Rpb25zIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"snippet": "shall have the meaning specified in Section 2.8(a)(xv) of the Indenture.", "title": "Excess Collections", "size": 428, "id": "excess-collections", "examples": ["Except as otherwise provided in Section 11(c), the Servicer shall withdraw funds in the <strong>Excess Collections</strong> Reserve Account and apply such funds pursuant to Section 3 only upon receipt of a notice of the Special Servicer\u2019s determination of a Final Recovery Determination.", "Subject to Section 5.03, the Transferor on behalf of itself and its successors and assigns hereby covenants that it will not transfer, pledge or assign to any Person the Transferor Certificate or any part of its right to receive any <strong>Excess Collections</strong> pursuant to Section 3.03(c).", "The Administrative Agent shall have a perfected first priority Lien on the <strong>Excess Collections</strong> Account pursuant to an account control agreement acceptable to the Administrative Agent and the Facility Servicer.", "If the Borrower has opened the <strong>Excess Collections</strong> Account as required pursuant to this Section 2.07(f), then the Borrower and the Portfolio Asset Servicer on the Borrower\u2019s behalf shall thereafter cause deposits of Collections in excess of ten between Payment Dates to be made to the <strong>Excess Collections</strong> Account and the account control agreement governing the <strong>Excess Collections</strong> Account shall require that all amounts on deposit therein shall be swept to the Collection Account on each Reporting Date.", "On each Settlement Date on and after the Final Maturity Date with respect to each Purchased Receivable, the Administrative Agent shall draw first, upon all amounts available in the Cash Collateral Account and second, upon all amounts available under the Transaction Letter of Credit and apply the proceeds of such draws and any <strong>Excess Collections</strong> to the reduction of the Investment.", "In no event, however, shall the Provider be required to reimburse the District by an amount greater than the <strong>Excess Collections</strong> for that month.", "In the event the Company issues the Stock Option Shares, Cygnet will thereafter pay over to the Company all of FMAC&#x27;s share of the cash distributions under the <strong>Excess Collections</strong> Split up to the Stock Option Value.", "By so instructing the Indenture Trustee and the Servicer, the Transferor waives any right that it may be deemed to have in the related Undistributed Transferor <strong>Excess Collections</strong>, except insofar as they become <strong>Excess Collections</strong> payable to the Transferor in respect of a subsequent Collection Period.", "In each month of the Subsidy Period that the Gross Collections exceed the Professional Expenses (the &quot;<strong>Excess Collections</strong>&quot;), the Provider may elect to pay the <strong>Excess Collections</strong> to the District to be applied to any Income Subsidy the District advanced during the preceding months of the Subsidy Period.", "Following the determination of the Excess Requirements for each Series, the remaining collections of Principal Receivables, Purchase Proceeds and amounts deposited to the Collection Account in respect of Credit Adjustments shall be allocated to the Co-Owners of each Series in an amount equal to the remaining Available <strong>Excess Collections</strong>."], "related": [["excess-finance-charge-collections", "Excess Finance Charge Collections", "Excess Finance Charge Collections"], ["unallocated-principal-collections", "Unallocated Principal Collections", "Unallocated Principal Collections"], ["available-finance-charge-collections", "Available Finance Charge Collections", "Available Finance Charge Collections"], ["principal-collections", "Principal Collections", "Principal Collections"], ["finance-charge-collections", "Finance Charge Collections", "Finance Charge Collections"]], "related_snippets": [], "updated": "2026-06-18T06:05:22+00:00"}, "json": true, "cursor": ""}}