Excess Finance Charge Collections definition

Excess Finance Charge Collections means collections of Finance Charge Receivables and certain other amounts allocable to the CertificateholdersInterest 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 1998-2 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 1998-2 Securities.
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.

Examples of Excess Finance Charge Collections in a sentence

  • The amount of Excess Finance Charge Collections for Series 2022-2 for any Distribution Date shall be (i) initially, the balance remaining and so available pursuant to Section 4.07(l) and (ii) following a Note Trust Transfer, the amount so specified pursuant to the Transfer Agreement.

  • In the event that the difference between (x) the Class B Required Amount for such Distribution Date and (y) the amount of Excess Spread and Excess Finance Charge Collections applied with respect thereto pursuant to subsection 4.07(d) on such Distribution Date is greater than zero, the Servicer shall give written notice to the Transferor and the Trustee of such excess Class B Required Amount on the date of computation.

  • 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 following a Note Trust Transfer, 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 applicable Transfer Agreement on such date.

  • Investor Finance Charge Collections Excess Finance Charge Collections allocable to Series 2012-6 Principal Accumulation Account Investment Proceeds Investment earnings in the Reserve Account Reserve Account Draw Amount Net Swap Receipts 21,556,291.87 0.00 0.00 0.00 0.00 0.00 N/A vii.


More Definitions of Excess Finance Charge Collections

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 means, with respect to any Distribution Date, the aggregate amount, for all outstanding Series, of Collections of Available Series 2004-1 Finance Charge Collections with respect to the Series in a Group which the related Indenture Supplements specify are to be treated as, or constitute a portion of, “Excess Finance Charge Collections” for such Distribution Date.
Excess Finance Charge Collections means all amounts that any Supplement designates as "Excess Finance Charge Collections."
Excess Finance Charge Collections shall have the meaning specified --------------------------------- in subsection 4.04(c) of the Agreement.
Excess Finance Charge Collections means Collections of Finance Charge Receivables allocated to a Series which are not required to fund payments or deposits to or for the benefit of Holders of such Series on the related Distribution Date, as determined in accordance with the terms of the applicable Indenture Supplement.
Excess Finance Charge Collections is defined in Section 8.6 of the --------------------------------- ----------- Indenture.
Excess Finance Charge Collections shall have the meaning specified in Section 8.08.