FTA Collections definition

FTA Collections means FTA Payments received by the Servicer which are remitted to the Collection Account.
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FTA Collections means FTA Payments received by the Servicer which --------------- are remitted to the Collection Account.
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FTA Collections means FTA Payments which are remitted to the Collection Account by the Servicer. "FTA Effective Date" means the date on which the initial FTA Charges go into effect pursuant to the terms of the Financing Order and the Issuance Advice Letter.
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Examples of FTA Collections in a sentence

  • The costs of any such action shall be payable from FTA Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(d) of the Indenture.

  • Prior to the Series ------------------- Issuance Date for the first Series issued hereunder, the Note Issuer shall open, at the Note Trustee's Corporate Trust Office, or at another Eligible Institution, one or more segregated trust accounts in the Note Trustee's name for the deposit of Estimated FTA Collections (collectively, the "Collection Account").

  • If the Variance is equal to or less than 2.0 percent of the amount of FTA Collections needed to make the Scheduled Debt Service payments to be made on and prior to such Payment Date, the Servicer shall not file a Routine Semi-Annual True-Up Mechanism Advice Letter with the MPSC.

  • The costs of any such action shall be payable from FTA Collections as an Operating Expense in accordance with the priorities set forth in Section 8.02(e) of the Indenture subject to the limitation on Operating Expenses set forth in Section 8.02(e)(iii).