Replenishment Ledger definition

Replenishment Ledger means the ledger to be created and maintained in the Issuer Account to record the Replenishment Amount.
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Replenishment Ledger means the ledger with such name maintained in respect of the Transaction Account.
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Examples of Replenishment Ledger in a sentence

  • If such amounts are not applied to purchase Additional Purchased Receivables, then they will be credited to the Issuer Account and recorded on the Replenishment Ledger up to the Replenishment Amount.

  • Any Available Distribution Amounts not used to purchase an Additional Portfolio on an Interest Payment Date are credited to the Replenishment Ledger during the Revolving Period and such amounts may be used to purchase Additional Portfolios on any other Business Day during the subsequent Interest Period.

  • However, if any amount deposited and remaining in the Replenishment Ledger after the application of the Priority of Payments on two consecutive Interest Payment Dates exceeds 10% of the Aggregate Discounted Balance of the Portfolio on the Initial Cut-Off Date, then a Revolving Period Termination Event will occur.

  • If such amounts are not applied to purchase Additional Portfolios on the relevant Interest Payment Date, then they will be credited to the Transaction Account and recorded on the Replenishment Ledger to be used to purchase Additional Portfolios or to be applied as Available Principal Receipts on the immediately following Interest Payment Date.

  • On each Payment Date falling in the Revolving Period, the Available Principal Receipts that would otherwise be used to repay principal on the Notes may be used to purchase further Receivables from the Seller, with any remainder being credited to the Replenishment Ledger.

  • If such amounts are not applied to purchase Further Purchased Receivables on the relevant Payment Date, then they will be credited to the Issuer Account and recorded on the Replenishment Ledger to be used to purchase Further Purchased Receivables on the immediately following Payment Date.

  • If such amounts are not applied to purchase Additional Purchased Receivables, then they will be credited to the Issuer Account and recorded on the Replenishment Ledger up to an amount equal to the Replenishment Amount.

  • During the Revolving Period all amounts of Available Principal Receipts (after having provided for any Senior Expenses Deficit) will be applied on each Payment Date to purchase any Further Purchased Receivables or to the extent not used on such Payment Date will be credited to the Replenishment Ledger and may be used to pay the Further Purchase Price on any subsequent Further Purchase Date.

  • Prior to the expiration of the Revolving Period, to the extent not used under item 10, to replenish the Replenishment Ledger up to the Replenishment Amount12.

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Related to Replenishment Ledger

  • Client Accounts means accounts of Clients (i) that are Controlled by an Access Person and (ii) in which no Access Person has a substantial proportionate economic interest; provided that, the Client pays a management, advisory or any other similar arms-length fee to the Access Person and the beneficiary of the Client Account is not an Immediate Family member of an Access Person.

  • Replenishment Amount has the meaning assigned to such term in Section 2.06(b).

  • Client Account means the unique personalized account of the Client consisting of all Completed Transactions, Open Positions and Orders on the Platform, the Balance of the Client money and deposit/withdrawal transactions of the Client money. It is understood that the Company may use the term Trading Account or Account on its Website or communications, which shall mean your Client Account.

  • Billing Account is the checking account from which all Service fees will be automatically debited.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Operating Accounts shall have the meaning ascribed to it in Section 4.03.A.

  • Management Accounts means unaudited accounts which shall incorporate a profit and loss statement, cash flow statement and balance sheet.

  • Concentration Accounts has the meaning ascribed to it in Annex C.

  • Concentration Account has the meaning provided in Section 6.13(c).

  • Collection Accounts As defined in Section 3.10(a).

  • Completion Accounts has the meaning given in Paragraph 4.1, 4.2(A) or 4.2(B) (as applicable) of Part A of Schedule 8 (Completion Accounts);

  • Funding Accounts has the meaning assigned to such term in Section 4.01(h).

  • Disbursement Accounts has the meaning ascribed to it in Annex C.

  • Project Accounts means the accounts referred to in Section 3.03 (a) of this Agreement;

  • Customer Account means an account carried by a Participant on behalf of a Customer.

  • Surplus Account has the meaning assigned to it in Section 3.02(a).

  • Running Account Bill means a bill for the payment of "On Account" money to the Contractor during the progress of work on the basis of work done and the supply of non-perishable materials to be incorporated in the work.

  • deposits townsite means the townsite to be established on or near the mining areas pursuant to this Agreement;

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Construction Account means the account by that name established in the FGR Subordinated Indebtedness Fund pursuant to the Second Resolution.

  • Concentration Account Agreement as defined in subsection 4.16(b).

  • Collection Account Agreement means an agreement substantially in the form of Exhibit VI among Originator, Seller, the Agent and a Collection Bank.

  • Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.

  • Subsidy Account If the Trust Estate contains any Subsidy Loans, the deposit account or accounts created and maintained by the Servicer for deposit of Subsidy Funds and amounts payable under interest subsidy agreements relating to mortgage loans other than the Mortgage Loans.

  • User Account means an account under the name of the Customer in relation to the Service subscribed by the Customer.

  • Card Account means the account maintained with the Bank in respect of the Card;