Related Monthly Period definition

Related Monthly Period means the Monthly Period immediately preceding a Monthly Period in which a specified Distribution Date, Determination Date or Transfer Date occurs.
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Related Monthly Period means the calendar month immediately preceding the month in which the Distribution Date occurs.
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Related Monthly Period means, with respect to any Payment Date, any Determination Date, any Calculation Date or any Monthly Fleet Owner Payment Date, the Monthly Period immediately preceding the Monthly Period in which such Payment Date, Determination Date, Calculation Date or Monthly Fleet Owner Payment Date occurs.
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Examples of Related Monthly Period in a sentence

  • The remaining Class A Available Funds, if ------------- any, for the Related Monthly Period shall constitute Excess Spread and shall be allocated and distributed as set forth in subsection 4.6(d).

  • The Issuers hereby agree to provide to the Trustee and the Surety Provider, on each Determination Date, a Monthly Noteholders’ Statement with respect to the Series 2007-1 Notes, substantially in the form of Exhibit E, setting forth as of the last day of the Related Monthly Period and for such Monthly Period the information set forth therein.

  • The Adjustment Amount shall be allocated by the Servicer to each outstanding Series pro rata by multiplying the Adjustment Amount times a fraction, the numerator of which is the applicable Investor Percentage for Finance Charge Receivables for such Series for the Related Monthly Period and the denominator of which is the sum of such Investor Percentages for all outstanding Series (calculated on a weighted average basis if such Investor Percentage has been reset during the Related Monthly Period).

  • On the Business Day immediately preceding each Payment Date, all interest and other investment earnings (net of losses and investment expenses) on amounts on deposit in the Box Truck Purchase Account during the Related Monthly Period shall be treated as Collections, deposited into the Box Truck Collection Account and allocated in accordance with any Series Supplement.

  • On each Transfer Date, Transferor shall pay to Servicer, and Servicer shall deposit into the Finance Charge Account, in immediately available funds, an amount equal to the Interchange to be so included as Collections of Finance Charge Receivables allocable to the Series [200_-_] Notes with respect to the Related Monthly Period.

  • On each Payment Date, the Administrator will instruct the Trustee in writing pursuant to the Administration Agreement to, and the Trustee shall, withdraw from the DSCR Deficiency Account an amount equal to the Investment Income during the Related Monthly Period attributable to the DSCR Deficiency Account and deposit such amount in the Cargo Van/Pick-Up Truck Collection Account and treat such amounts as part of the Series 2007-1 Collections for such Payment Date.

  • Principal Funding Account ------------------------- Beginning Balance $0.00 Plus: Principal Collections for Related Monthly Period from Principal Account 0.00 Plus: Interest on Principal Funding Account Balance for Related Monthly Period 0.00 Less: Withdrawals to Finance Charge Account 0.00 Less: Withdrawals to Distribution Account 0.00 ---------------------- Ending Balance $0.00 3.

  • Principal Funding Account ------------------------- Beginning Balance $0.00 Plus: Principal Collections for Related Monthly Period from Principal Account 0.00 Plus: Interest on Principal Funding Account Balance for Related Monthly Period N/A Less: Withdrawals to Finance Charge Account N/A Less: Withdrawals to Distribution Account 0.00 ---------------------- Ending Balance $0.00 C.

  • Principal Funding Account ------------------------- Beginning Balance $0.00 Plus: Principal Collections for Related Monthly Period from Principal Account 0.00 Plus: Interest on Principal Funding Account Balance for Related Monthly Period N/A Less: Withdrawals to Finance Charge Account N/A Less: Withdrawals to Distribution Account 0.00 ----------------- Ending Balance $0.00 MONTHLY CERTIFICATEHOLDERS' STATEMENT SERIES 1995-6 PAGE 7 3.

  • On the Business Day immediately preceding each Payment Date, all interest and other investment earnings (net of losses and investment expenses) on amounts on deposit in the Cargo Van/Pick-Up Truck Purchase Account during the Related Monthly Period shall be treated as Collections, deposited into the Cargo Van/Pick-Up Truck Collection Account and allocated in accordance with any Series Supplement.

Related to Related Monthly Period

  • Monthly Period With respect to a Distribution Date, the calendar month preceding the month in which such Distribution Date occurs; provided, however, that with respect to the first Distribution Date, the Monthly Period will be the period from and including the Cutoff Date to the end of the calendar month preceding such Distribution Date.

  • Collection Period means each calendar month during the term of this Agreement (or, in the case of the first Collection Period, the period of time since the Cutoff Date through the last day of the calendar month immediately preceding the month in which the first Payment Date occurs).

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.

  • Assumed Monthly Payment With respect to (a) any Mortgage Loan that is a Balloon Mortgage Loan delinquent in respect of its Balloon Payment beyond the Determination Date immediately following its scheduled maturity date (as such date may be extended in connection with a bankruptcy, insolvency or similar proceeding involving the related Borrower or by reason of a modification, waiver or amendment granted or agreed to by the applicable Master Servicer or the applicable Special Servicer), for that scheduled maturity date and for each subsequent Due Date as of which such Mortgage Loan remains outstanding and part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due with respect to such Mortgage Loan on such Due Date equal to the amount (exclusive of Default Interest and any Post-ARD Additional Interest) that would have been due in respect thereof on such Due Date if such Mortgage Loan had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule (if any), in effect immediately prior to, and without regard to the occurrence of, such maturity date; and (b) any REO Mortgage Loan, for any Due Date as of which the related REO Property (or, in the case of any REO Mortgage Loan that is a successor to any Mortgage Loan in a Loan Combination, any interest in the related REO Property) remains part of the Trust Fund, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Monthly Payment (or, in the case of a Balloon Mortgage Loan described in clause (a) of this definition, the Assumed Monthly Payment) that was due (or deemed due) with respect to the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan.