Remittance Amount definition

Remittance Amount means the funds denominated in Singapore Dollars or United Stated Dollars which is to be debited from the Customer's Account(s) and converted into the specified Foreign Amount.

Remittance Amount shall have the meaning provided in Section 2.05(d) hereof.

Remittance Amount. With respect to any Remittance Date and related Distribution Date, the sum of the following amounts:

Examples of Remittance Amount in a sentence

• Any Compensating Interest Payments made by the Servicers shall be a component of the Interest Remittance Amount.

• The Servicer shall be entitled to recover any unpaid Option One Servicing Fee and the Seller shall be entitled to recover the Seller Remittance Amount, to the extent not remitted, out of Insurance Proceeds, Condemnation Proceeds, REO Disposition Proceeds or Liquidation Proceeds to the extent permitted in Section 3.04 and out of amounts derived from the operation and sale of an REO Property to the extent permitted by Section 3.12.

• Any unpaid Seller Remittance Amount relating to such Distressed Mortgage Loans shall be paid to the Master Servicer by the successor Special Servicer for release to the Seller on the next succeeding Distribution Date.

• As soon as practical thereafter the expenses of such sale shall be paid and the Servicer shall reimburse itself for any related unreimbursed Servicing Advances, unpaid Xxxxx Fargo Servicing Fees and unreimbursed advances made pursuant to this Section or Section 4.03 and pay the Seller any unpaid Seller Remittance Amount to the extent not previously paid pursuant to Section 3.04.

• On any Distribution Date, the excess of (i) the aggregate Principal Remittance Amount over (ii) the Excess Subordinated Amount, if any.

More Definitions of Remittance Amount

Remittance Amount means the amount that Seller shall deliver to Buyer at the end of each Remittance Period as part of the Purchased Amount. The initial Remittance Amount is the amount first described above. The parties agree that the initial Remittance Amount is a good faith approximation of the Specified Percentage of Seller’s Future Receipts during the first Remittance Period, based upon the information provided by Seller to Buyer concerning Seller’s most recent accounts receivables, including representations by the Seller to Buyer regarding the Seller’s estimated Future Receipts. The Remittance Amount is subject to Seller’s right of adjustment/reconciliation set forth in this Agreement.

Remittance Amount. The sum of the Interest Remittance Amount and the Principal Remittance Amount.

Remittance Amount. For each Distribution Date that the Servicer is required to make a distribution to a Companion Loan Holder pursuant to Section 3.4(e), the amounts received by the Servicer (or, with respect to a serviced Foreclosed Property, the Special Servicer) during the related Collection Period pursuant to the Co-Lender Agreement and available for payment to the Companion Loan Holders pursuant to the Co-Lender Agreement.

Remittance Amount means NET PROCEEDS multiplied by one minus the Discount ((1 – 0.30) or 0.70);

Remittance Amount. With respect to any Remittance Date, an amount equal to, subject to Section 1.02, (i) the Principal Remittance Amount (if any) for such Remittance Date, plus (ii) the Accrued Interest for such Remittance Date, minus (iii) any amounts payable to the Company pursuant to Section 3.07 that are not taken into account in the adjustment of Accrued Interest pursuant to Section 1.02.

Remittance Amount means the Specified Percentage, the Future Receipts and the Periodic Receipts of each Seller individually; and

Remittance Amount. As to any Distribution Date, the sum of the Interest Distribution Amount for the Class A Certificates and the Class A Principal Distribution Amount for the Class A Certificates for such Distribution Date.