Finance Charge Collections definition

Finance Charge Collections means Collections of Finance Charge Receivables.

Finance Charge Collections has the meaning specified in the Transfer and Servicing Agreement.

Finance Charge Collections means Collections consisting of Finance Charges.

Examples of Finance Charge Collections in a sentence

• Finance Charge Collections, Principal Collections and Defaulted Receivables allocated to Series 2018-C pursuant to Article VIII of the Indenture shall be allocated and distributed as set forth in this Article.

• If, on any Distribution Date, the sum of the Aggregate Investor Default Amount and any Investor Uncovered Dilution Amount for such Distribution Date exceeds the amount of Available Finance Charge Collections allocated with respect thereto pursuant to subsection 4.4(a)(vi) with respect to such Distribution Date, the Collateral Amount will be reduced (but not below zero) by the amount of such excess (such reduction, an "Investor Charge-Off").

• If for any Transfer Date the Reserve Draw Amount is greater than zero, the Reserve Draw Amount, up to the Available Reserve Account Amount, shall be withdrawn from the Reserve Account on such Transfer Date by the Indenture Trustee (acting in accordance with the written instructions of the Servicer) and deposited into the Finance Charge Account for application as Available Finance Charge Collections for such Transfer Date.

• The "Finance Charge Shortfall" for Series 2018-C for any Distribution Date will be equal to the excess, if any, of (a) the full amount required to be paid, without duplication, pursuant to subsections 4.4(a)(i) through (xi) on such Distribution Date over (b) the Available Finance Charge Collections with respect to such Distribution Date (excluding any portion thereof attributable to Excess Finance Charge Collections).

• On each Transfer Date, all interest and earnings (net of losses and investment expenses) accrued since the preceding Transfer Date on funds on deposit in the Reserve Account shall be retained in the Reserve Account (to the extent that the Available Reserve Account Amount is less than the Required Reserve Account Amount) and the balance, if any, shall be deposited into the Finance Charge Account and included in Available Finance Charge Collections for such Transfer Date.

More Definitions of Finance Charge Collections

Finance Charge Collections means, for any Accounting Period, the aggregate amount of Collections (other than Principal Collections) received during such Accounting Period, including, without limitation, (i) all amounts paid by or on behalf of Contract Debtors with respect to interest, finance charges and any other amounts due under the Pledged Contracts (other than with respect to the unpaid principal balance thereof) and (ii) Net Liquidation Proceeds.

Finance Charge Collections means all Collections other than principal collections.

Finance Charge Collections means for any Monthly Period, the sum of (i) with respect to Receivables included as part of the Trust Assets, all Collections received by the Servicer on behalf of the Issuer of Finance Charge Receivables, (ii) with respect to any Collateral Certificate included as part of the Trust Assets, collections of finance charge receivables allocable to the holder of the Collateral Certificate for such Monthly Period pursuant to the applicable Series Supplement for such Collateral Certificate, (iii) any amounts received by the Issuer which are designated as Finance Charge Collections pursuant to this Agreement, the Transfer Agreement, the Indenture or any Indenture Supplement for such Monthly Period and (iv) the amount of investment earnings (net of losses and investment expenses), if any, on amounts on deposit in the Collection Account and the Excess Funding Account for such Monthly Period.

Finance Charge Collections means Collections of Finance Charge Receivables. “Finance Charge Shortfall” is defined in Section 4.7.

Finance Charge Collections means, for any period, the amount of -------------------------- Collections allocated to Finance Charge Receivables during such period in accordance with Section 1.3 of the Transfer and Servicing Agreement plus ----------- Discount Option Receivables Collections for such period. Payments on account of Net Recoveries shall also be treated as Finance Charge Collections.

Finance Charge Collections means, with respect to any Asset Pool, for any Monthly Period, the sum of (a) with respect to Receivables designated for inclusion in such Asset Pool, all Collections received by the Servicer on behalf of the Issuer of Finance Charge Receivables (including Discount Receivables Collections and Recoveries received for such Monthly Period to the extent such Recoveries are deemed Finance Charge Collections under the definition of "Collections" above), (b) with respect to any Collateral Certificate designated for inclusion in such Asset Pool, collections of finance charge receivables allocable to the holder of the Collateral Certificate for such Monthly Period pursuant to the applicable Series Supplement and (c) any amounts received by the Issuer which are designated as Finance Charge Collections pursuant to any Asset Pool Supplement or Indenture Supplement for such Monthly Period. Finance Charge Collections with respect to any Monthly Period shall include the Interchange Amount (if any) paid to the Trust with respect to such Asset Pool with respect to such Monthly Period (to the extent received by the Trust and deposited into the applicable Collection Account on the First Note Transfer Date following such Monthly Period).

Finance Charge Collections with respect to any Due Period shall mean the sum of (a) the lesser of the aggregate amount of Finance Charge Receivables for the preceding Due Period or Collections actually received in such Due Period and (b) all Recovered Amounts received during such Due Period.