Definition of Phase-In-Recovery Charge Payments


Phase-In-Recovery Charge Payments means the payments made by Customers based on the Phase-In-Recovery Charges.
Sample 1

Examples of Phase-In-Recovery Charge Payments in a sentence

Estimated Phase-In-Recovery Charge Payments means the estimated payments in respect of the Phase-In-Recovery Charge, which are deemed to have been received by the Servicer, directly or indirectly (including through any TPB), from or on behalf of Customers, calculated in accordance with Annex I hereto.
Deemed Phase-In-Recovery Charge Payments means the payments in respect of the Phase-In-Recovery Charge, which are deemed to have been received by the Servicer, directly or indirectly (including through any TPB), from or on behalf of Customers, calculated in accordance with Annex I hereto.
Except with respect to Remittances of Estimated Phase-In-Recovery Charge Payments, the Servicer shall not make any advances of interest on or principal of the Bonds or the Certificates.
Phase-In-Recovery Charge Payments and other remittances under the Servicing Agreement shall be deposited in the General Subaccount as provided in Section 4.03 of the Servicing Agreement.