Income Collections definition

Income Collections has the meaning set forth in Section 2.01(c).

Income Collections means, with respect to any Collection Period, all Collections received in respect of any servicing fee or finance charge as stated in, and determined in accordance with, each respective Dealer Agreement.

Income Collections. All Collections representing (i) amounts received in respect of interest on the Underlying Class B Note as set forth on the applicable Underlying Monthly Report, (ii) amounts received under any Hedging Agreement and (iii) upon the occurrence of the Amortization Date and the receipt of Proceeds from the disposition of the Collateral, an amount equal to the amount of accrued but unpaid interest on the Underlying Class B Note.

Examples of Income Collections in a sentence

• Repair of Collection Period Write-offs from Income Collections (cl 12.1 (a)(xvii) $0.00 Application of Principal Collections a.

• Description Rates (US$) Income Collections – Physical 5.00 Principal & Interest - Book Entry 5.00 Principal & Interest - Physical 5.00 Cash Transaction Charge Non-securities-related cash payments levied for all outward free payments including third party foreign exchange payments.

• Repair of Collection Period Write-offs from Income Collections (cl 12.1 (a)(xvii)$0.00 Application of Principal Collections a.

• The “Available Principal” for a Collection Period will be equal to the aggregate of the following: (a) the aggregate Collections in respect of the immediately preceding Collection Period; minus (b) the aggregate of all Collection Period Distributions made under Section 11.2 (“Distributions during a Collection Period”) during the immediately preceding Collection Period; minus (c) the aggregate amount of Income Collections for the immediately preceding Collection Period.

• The Issuer may then use an amount of Principal Collections equal to this Accrual Amount and include it in Total Available Income for the relevant Payment Date; and (b) For a Liquidity Shortfall (Third) – if the Income Collections for a Collection Period plus the Accrual Amount calculated above is not sufficient to meet Required Payments for the relevant Interest Period, then the Issuer may use an amount of Principal Collections to cover the shortfall.

More Definitions of Income Collections

Income Collections. All Collections received in respect of any dealer servicing fee, as stated in, and determined in accordance with, each respective Dealer Agreement and amounts received under any Hedging Agreement.

Income Collections means, with respect to any Collection Period, all Collections received in respect of any collection fee, dealer servicing fee, or finance charge as stated in, and determined in accordance with, each respective Dealer Agreement.

Income Collections. The meaning given to such term in the definition of “Transferred Rights”.

Income Collections means, with respect to any Collection Period, the amount of Collections attributable only to (a) Fixed Amount payments made by the Swap Counterparty during such Collection Period and (b) earnings received on Eligible Investments during such Collection Period (other than any Received Premium Collections and Reinvestment Collections).

Income Collections has the meaning set forth in the Asset Trust Declaration.

Income Collections means all Collections received in respect of any dealer servicing fee, as stated in, and determined in accordance with, each respective Dealer Agreement, plus all investment earnings on amounts on deposit in the Collection Account.

Income Collections means, with respect to any Participation Interest, any payment or other distribution, whether received by setoff or otherwise, of cash (including interest), notes, securities, or other property (including any collateral security for the related Loan) or proceeds under or in respect of the related Transferred Rights (but excluding, however, any related Retained Interest Collections).