Net Monthly Excess Cash Flow definition

Net Monthly Excess Cash Flow. For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

Net Monthly Excess Cash Flow. For any Payment Date, the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Available Funds for such Payment Date over (y) the sum for such Payment Date of (A) the aggregate amount of Accrued Bond Interest for the Bonds and (B) the Principal Remittance Amount.

Net Monthly Excess Cash Flow. For any Payment Date and each Loan Group, the sum of (a) any related Overcollateralization Release Amount and (b) the excess of (x) the related Available Funds for such Payment Date over (y) the sum for such Payment Date of (A) the aggregate amount of Accrued Bond Interest for the related Bonds and (B) the related Principal Remittance Amount.

Examples of Net Monthly Excess Cash Flow in a sentence

• Realized Losses on the Loans for any Distribution Date will first, cause a reduction in Net Monthly Excess Cash Flow for that Distribution Date and second, cause a reduction in the Certificate Principal Balance of the Class CE Certificates for that Distribution Date, until the Certificate Principal Balance thereof has been reduced to zero.

• Over this period, the average volume for the market-on-close orders across all stocks and all days is about 62,000 shares, which on average accounts for 6.4% of total daily volume.

• It is comprised of members’ contributions and donations from individuals for up to 7,500 euros per year.

• An early puzzle is the use of high- rather than lower- interest credit cards for borrowing (Ausubel, 1991), which he attributed mainly to failure of consumers to anticipate the likelihood that they will have to pay interest on outstanding credit card balances.

• In addition, on any Distribution Date for which the Overcollateralization Amount is equal to the Required Overcollateralization Amount and any Basis Risk Shortfall Carry-Forward Amount exists, which would not otherwise be covered by amounts currently in the Reserve Fund, a portion of the Net Monthly Excess Cash Flow will be deposited in the Reserve Fund as described herein.

More Definitions of Net Monthly Excess Cash Flow

Net Monthly Excess Cash Flow. For any Payment Date, the sum of (i) the excess, if any, of (a) Interest Collections for that Payment Date over (b) the amount payable to the Notes in respect of interest as provided in subsection (b) of Section 3.05 of the Indenture and (ii) the Excess Reserve Amount for that Payment Date.

Net Monthly Excess Cash Flow. For any Distribution Date, an amount equal to the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Current Interest for the Senior and Subordinate Certificates, (B) the Unpaid Interest Shortfall Amounts for the Senior Certificates and (C) the Principal Remittance Amount.

Net Monthly Excess Cash Flow. For any Distribution Date the, that portion of the Interest Remittance Amount and Principal Remittance Amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

Net Monthly Excess Cash Flow. For any Payment Date, the sum of the Net Monthly Excess Interest Amount as determined pursuant to Section 3.05(b)(vi) of the Indenture and the Net Monthly Excess Principal Amount for such Payment Date as determined pursuant to Section 3.05(c)(vi) or 3.05(d)(vi) of the Indenture. Net Monthly Excess Cash Flow shall be allocated on each Payment Date in accordance with the priorities set forth in Section 3.05(e) of the Indenture.

Net Monthly Excess Cash Flow. For any Distribution Date, the sum of the Net Monthly Excess Interest Amount as determined pursuant to Section 4.01(c)(v) and the Net Monthly Excess Principal Amount for such Distribution Date as determined pursuant to Section 4.01(d)(v), 4.01(e)(v) or 4.01(f)(v). Net Monthly Excess Cash Flow shall be allocated on each Distribution Date in accordance with the priorities set forth in Section 4.01(g).

Net Monthly Excess Cash Flow. With respect to any Payment Date, the Group I Net Monthly Excess Cashflow or Group II Net Monthly Excess Cashflow, as applicable.

Net Monthly Excess Cash Flow. For any Payment Date, the amount as defined in Section 3.05(b)(iv) of the Indenture.