Definition of Pre-Cut-Off Time Collections

  1. Pre-Cut-Off Time Collections means, with respect to any Loan Interest or Lease Interest, all amounts received on, under, with respect to or on account of such Loan Interest or Lease Interest that accrue or become due during, or are otherwise attributable or allocable to, the Pre-Cut-Off Time Period (or any part thereof) or that relate to facts, events or circumstances occurring during the Pre-Cut-Off Time Period, including without limitation, any payments of principal, interest, Rent, stipulated loss payments, casualty related payments, Advance Payments, indemnities, insurance proceeds and other recoveries on account of any loss or damage to any Equipment or Collateral, late fees or charges, finance charges, early termination fees, other fees or charges of any kind, and all tax payments received from an Obligor, in each case to the extent (and only to the extent) that such payment or recovery accrues or becomes due during, or is otherwise attributable or allocable to, the Pre-Cut-Off Time Period (or any part thereof) or relates to facts, events or circumstances occurring during the Pre-Cut-Off Time Period.

Definition of Pre-Cut-Off Time Collections in Purchase and Sale Agreement

Pre-Cut-Off Time Collections means, with respect to any Loan Interest or Lease Interest, all amounts received on, under, with respect to or on account of such Loan Interest or Lease Interest that accrue or become due during, or are otherwise attributable or allocable to, the Pre-Cut-Off Time Period (or any part thereof) or that relate to facts, events or circumstances occurring during the Pre-Cut-Off Time Period, including without limitation, any payments of principal, interest, Rent, stipulated loss payments, casualty related payments, Advance Payments, indemnities, insurance proceeds and other recoveries on account of any loss or damage to any Equipment or Collateral, late fees or charges, finance charges, early termination fees, other fees or charges of any kind, and all tax payments received from an Obligor, in each case to the extent (and only to the extent) that such payment or recovery accrues or becomes due during, or is otherwise attributable or allocable to, the Pre-Cut-Off Time Period (or any part thereof) or relates to facts, events or circumstances occurring during the Pre-Cut-Off Time Period.