Excess Finance Charge Collections definition

Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders’ Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.
Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the Certificateholders' Interest of any Excess Allocation Series in excess of the amounts necessary to make required payments with respect to such series (including payments to the provider of any related Series Enhancement) that are payable out of collections of Finance Charge Receivables.
Excess Finance Charge Collections means, with respect to any Business Day, as the context requires, either (x) the amount described in subsection 4.9(a)(xiii) of the Agreement allocated to the Series 1998-3 Securities but available to cover shortfalls in amounts paid from Finance Charge Collections for other Series, if any, or (y) the aggregate amount of Finance Charge Collections allocable to other Series in excess of the amounts necessary to make required payments with respect to such Series, if any, and available to cover shortfalls with respect to the Series 1998-3 Securities.

Examples of Excess Finance Charge Collections in a sentence

  • Class A Investor Charge-Offs shall thereafter be reimbursed and the Class A Invested Amount increased (but not by an amount in excess of the aggregate unreimbursed Class A Investor Charge-Offs) on any Distribution Date by the amount of Excess Spread and Excess Finance Charge Collections allocated and available for that purpose pursuant to subsection 4.07(b).

  • On each Distribution Date, the Trustee shall deposit into the Collection Account for application in accordance with Section 4.05 of the Agreement the aggregate amount of Excess Finance Charge Collections received by the Trustee pursuant to the Transfer Agreement on such date.

  • Excess Finance Charge Collections allocable to Series 2012-7 0.00 iii.

  • Application of Excess Spread, Excess Finance Charge Collections and Available Interest Reserve Account Amount Allocated to Series 2012-A 1.

  • Excess Finance Charge Collections allocable to Series 2012-2 0.00 iii.


More Definitions of Excess Finance Charge Collections

Excess Finance Charge Collections means, with respect to any --------------------------------- Transfer Date, the sum of the amounts, if any, specified pursuant to subsections 4.09(a)(iv), 4.09(b)(iii) and 4.09(c)(ii) of the Agreement with respect to such Transfer Date.
Excess Finance Charge Collections means, with respect to any Distribution Date, the sum of the amounts, if any, specified pursuant to Section 4.06(a)(v) or (c)(v) and (b)(iii) or (d)(iii), as the case may be, with respect to such Distribution Date.
Excess Finance Charge Collections shall have the meaning specified --------------------------------- in subsection 4.04(c) of the Agreement.
Excess Finance Charge Collections shall have the meaning specified in Section 4.09.
Excess Finance Charge Collections shall have the meaning specified in subsection 4.04(b).
Excess Finance Charge Collections means, with respect to any Business Day, as the context requires, either (x) the amount described in subsection 4.9(a)(xviii) of the Agreement allocated to the Series 1998-1 Securities but available to cover shortfalls in amounts paid from Finance Charge Collections for other Series, if any, or (y) the aggregate amount of Finance Charge Collections allocable to other Series in excess of the amounts necessary to make required payments with respect to such Series, if any, and available to cover shortfalls with respect to the Series 1998-1 Securities.
Excess Finance Charge Collections means, with respect to any Transfer Date, the aggregate amount for all outstanding Series that the related Supplements specify are to be treated as "Excess Finance Charge Collections" for such Transfer Date.