Overcollateralization Subaccount definition

Overcollateralization Subaccount has the meaning specified in Section 8.02(a) of the Indenture.

Overcollateralization Subaccount has the meaning set forth in the Indenture.

Overcollateralization Subaccount has the meaning specified in Section 8.02(a) of the Note Indenture.

Examples of Overcollateralization Subaccount in a sentence

• Released to the Note Issuer upon Series retirement: Overcollateralization Subaccount - m.

• Deposit to Overcollateralization Subaccount (up to required level) 307,875.00 j.

• The Collection Account will consist of four subaccounts: a general subaccount (the "General Subaccount"), a reserve subaccount (the "Reserve Subaccount"), a subaccount for the Overcollateralization Amount (the "Overcollateralization Subaccount") and a capital subaccount (the "Capital Subaccount").

• The Collection Account will consist of six subaccounts (which need not be separate bank accounts): a general subaccount (the "General Subaccount"), a reserve subaccount (the "Reserve Subaccount"), an overcollateralization subaccount (the "Overcollateralization Subaccount"), a capital subaccount (the "Capital Subaccount"), an interest reserve subaccount (the "Interest Reserve Subaccount") and a servicer advance subaccount (the "Servicer Advance Subaccount").

• RRB Charge collections in excess of Periodic RRB Payment Requirements will be allocated (a) to the Capital Subaccount to the extent the amount therein has been reduced to below the initial capital contribution, (b) to the Overcollateralization Subaccount up to the required level established at issuance by the rating agencies and (c) to the Reserve Subaccount any remaining amounts.

More Definitions of Overcollateralization Subaccount

Overcollateralization Subaccount is defined in Section 8.02(a) of the Indenture.

Overcollateralization Subaccount iv. Reserve Subaccount: v. Servicer Advance Subaccount VI. TOTAL SUBACCOUNT AMOUNT:

Overcollateralization Subaccount has the meaning specified in Section -------------------------------- 8.02(a).

Overcollateralization Subaccount balance: Scheduled Overcollateralization Subaccount balance at the end of the period: Current Capital Subaccount balance: Initial Capital Subaccount balance: Current RRB outstanding balance: Scheduled RRB outstanding balance at the end of the period: Current Reserve Subaccount balance: The adjusted RTC Charge calculated for Retail _________cents/kWh Customers is as follows:

Overcollateralization Subaccount iii. TOTAL SUBACCOUNT PAYMENTS AND LEVELS:

Overcollateralization Subaccount balance:______ Scheduled Overcollateralization Subaccount balance at the end of the period:____ Current Capital Subaccount balance:______ Initial Capital Subaccount balance:______ Current RRB outstanding balance:_____ Scheduled RRB outstanding balance at the end of the period:______ Current Reserve Subaccount balance:______ The adjusted RRB Charge calculated for retail users is as follows:_____ (cent)/kWh EFFECTIVE DATE In accordance with the Finance Order, Routine True-Up Letters for semiannual RRB Charge adjustments shall be filed not later than 30 days prior to each semiannual anniversary of the RRB transaction closing, with the resulting upward or downward adjustments to the RRB Charge to be effective - absent manifest error in the Routine True-Up Letters - on the ensuing semiannual anniversary. In accordance with the Finance Order, Routine True-Up Letters may also be filed as frequently as monthly, with the resulting upward or downward adjustments to the RRB Charge to be effective - absent manifest error in the Routine True-Up Letters - immediately upon the filing of the on the Routine True-Up Letters. No approval by the Commission is required. Therefore, these RRB Charges shall be effective as of ___________.

Overcollateralization Subaccount. An account that will belong to the Special Purpose Securitization Entity and will hold the Overcollateralization amount on the RRBs as described in Section XIII(D) of this Agreement.