Series Available Funds definition

Series Available Funds. For any Series as of any Payment Date occurring during the Full Amortization Period, the sum of the following:
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Series Available Funds. As defined in Section 4.5(a)(2)(iii) hereof.
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Series Available Funds. As defined in Section 4.5(a)(2)(iii) hereof. Series Deferred Servicing Fee Receivable Allocation Percentage: For any Series that provides a non-zero Advance Rate for Deferred Servicing Fee Receivables, on any date of determination, the percentage obtained by dividing (i) the Series Invested Amount for such Series by (ii) the aggregate of the Series Invested Amounts for all Outstanding Series that provide a non-zero Advance Rate for Deferred Servicing Fee Receivables.
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Examples of Series Available Funds in a sentence

  • The Class R Interest Holder will receive any Series [_]-[_] Available Funds not needed on a Payment Date to pay the Notes and the Trust’s other obligations as set forth in Section 8.2 of this Indenture.

  • If Priority Principal Payments are required to be made on any Payment Date prior to the beginning of the Amortization Period in accordance with the provisions of Article VIII, such amounts will be deposited into the Principal Funding Account on such Payment Date in accordance with the provisions of Article VIII, to the extent of Series [_]-[_] Available Funds, in lieu of such amounts being applied to pay principal on the Notes on such Payment Date.

  • If the Trust makes a payment from Series [_]-[_] Available Funds to an Indemnified Person under Section 6.7(b) and the Indemnified Person later collects from others any amounts for which the payment was made, the Indemnified Person will promptly repay those amounts to the Trust.

  • Payments required to be made by the Trust under this Section 6.7 will be made solely from Series [_]-[_] Available Funds used to make payments under this Indenture.


More Definitions of Series Available Funds

Series Available Funds means, with respect to any Payment Date, an amount equal to [the sum of (i)] the product of the Series [_]-[_] Allocation Percentage and the Group Available Funds for Group [_] for the related Collection Period, [(ii) any amounts paid by the Cap Counterparty to the Trust under the Cap Agreement with respect to that Payment Date] and (iii) any amounts released from the Principal Funding Account with respect to such Payment Date.
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Series Available Funds. As defined in Section 4.5(a)(2)(iii) hereof. Series Fee Limit: For any Series, as specified in the related Indenture Supplement.
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Series Available Funds means, with respect to any Transfer ------- --------------- Date, the sum of (a) Available Funds allocated to Series [____] pursuant to Section 501 of the Indenture, (b) payments received with respect to the related ----------- Monthly Period under Derivative Agreements for any tranche of Notes for interest in Dollars, (c) any Principal Funding sub-Account Earnings for such Transfer Date, (d) any Interest Funding sub-Account Earnings for such Transfer Date, (e) any amounts to be treated as Series [____] Available Funds pursuant to Sections -------- 3.20(g) and 3.25(a) and (f) any amounts to be treated as Series [___] Available ------- ------- Funds pursuant to any terms document.
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Series Available Funds means, with respect to any Transfer ----------------------------- Date, the sum of (a) Available Funds allocated to Series [____] pursuant to Section 501 of the Indenture, and (b) any amounts to be treated as Series [____] Available Funds pursuant to Section 3.04. ------------
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Series Available Funds. For any Series as of any Payment Date occurring during the Full Amortization Period, after paying any amounts owed under Section 4.5(a)(2)(i), (ii) and (iii), the sum of the following:
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Related to Series Available Funds

  • Available Funds With respect to any Distribution Date and the Mortgage Loans to the extent received by the Master Servicer (x) the sum of (i) all scheduled installments of interest (net of the related Expense Fees) and principal due on the Due Date on such Mortgage Loans in the related Due Period and received by the Servicer on or prior to the related Determination Date, together with any P&I Advances in respect thereof; (ii) all Condemnation Proceeds, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries received by the Servicer during the related Prepayment Period (in each case, net of unreimbursed expenses incurred in connection with a liquidation or foreclosure and unreimbursed Advances, if any); (iii) all partial or full prepayments on the Mortgage Loans received by the Servicer during the related Prepayment Period together with all Compensating Interest paid by the Servicer in connection therewith (excluding any Prepayment Charges); (iv) all Substitution Adjustment Amounts with respect to the substitutions of Mortgage Loans that occur on or prior to the related Determination Date; (v) all amounts received with respect to such Distribution Date as the Repurchase Price in respect of a Mortgage Loan repurchased by the Mortgage Loan Seller or the Sponsor on or prior to the related Determination Date; and (vi) the proceeds with respect to the termination of the Trust Fund pursuant to clause (a) of Section 11.01; reduced by (y) amounts in reimbursement for Advances previously made with respect to the Mortgage Loans and other amounts as to which the Servicer, the Depositor, the Master Servicer, the Securities Administrator or the Trustee are entitled to be paid or reimbursed pursuant to this Agreement.