Shared Excess Available Principal Collections definition

Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Note Transfer Date, the sum of (a) with respect to Series 2023-2, the amount of Series 2023-2 Available Principal Collections specified to be treated as “Shared Excess Available Principal Collections” pursuant to Sections 4.05(a) and 4.05(b)(iv) and (b) with respect to any other Series included in Shared Excess Available Principal Collections Group One, the Principal Collections allocated to such other Series remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Principal Collections” with respect to such Monthly Period.
Shared Excess Available Principal Collections has, with respect to any Series of Notes, the meaning specified in the applicable Indenture Supplement for such Series of Notes.
Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Note Transfer Date, the sum of (a) with respect to Series [•], the amount of Series [•] Available Principal Collections, less any amount released and used to purchase Receivables under Section 4.01(f), for such Monthly Period available after application in accordance with Sections 4.05(b)(i) through (iii) and (b) with respect to any other Series included in Shared Excess Available Principal Collections Group [•], the Principal Collections allocated to such other Series remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Principal Collections” with respect to such Monthly Period.

Examples of Shared Excess Available Principal Collections in a sentence

  • Unless otherwise specified in the Indenture Supplement for any other Series in Shared Excess Available Principal Collections Group One, any Shared Excess Available Principal Collections for each Series in Shared Excess Available Principal Collections Group One for any Monthly Period which shall remain after application pursuant to clause (b) above shall be paid to the holders of the Transferor Interest.

  • Shared Excess Available Principal Collections will not be available for application by other Series of Notes that are not included in Shared Excess Available Principal Collections Group One.

  • Treated as Shared Excess Available Principal Collections NA APPLICATION OF PRINCIPAL COLLECTIONS DURING EARLY AMORTIZATION PERIOD 1.

  • Unless otherwise specified in the Indenture Supplement for any other Series in Shared Excess Available Principal Collections Group A, any Shared Excess Available Principal Collections for each Series in Shared Excess Available Principal Collections Group A for any Monthly Period which shall remain after application pursuant to clause (b) above shall be treated as part of the Reinvestment Amount for the Note Transfer Date in the next succeeding Monthly Period.

  • Shared Excess Available Principal Collections will not be available for application by other Series of Notes that are not included in Shared Excess Available Principal Collections Group A.


More Definitions of Shared Excess Available Principal Collections

Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Note Transfer Date, the sum of (a) with respect to Series [•], the amount of Series [•] Available Principal Collections for such Monthly Period available after application in accordance with Sections 4.05(b)(i) through (iii) and (b) with respect to any other Series included in Shared Excess Available Principal Collections Group [•], the Principal Collections allocated to such other Series remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Principal Collections” with respect to such Monthly Period.
Shared Excess Available Principal Collections has, with respect to any Series of Asset Pool One Notes, the meaning specified in the applicable Indenture Supplement for such Series of Asset Pool One Notes.
Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Determination Date, the sum of (i) with respect to the CHASEseries, the amount of CHASEseries Available Principal Collections (excluding any amounts to be applied pursuant to Sections 3.28 and 3.29) for such Monthly Period available after application in accordance with subsections 3.09(a) through (e), (ii) with respect to any other Series of Asset Pool One Notes, the Asset Pool One Principal Collections allocated to other Series of Notes in Asset Pool One remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as “Shared Excess Available Principal Collections” and (iii) the Excess Funding Amount for Asset Pool One (following any deposit or withdrawal made during such Monthly Period).
Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Determination Date, the sum of (i) with respect to the ONEseries, the amount of ONEseries Available Principal Collections (excluding any amounts to be treated as ONEseries Available Principal Collections pursuant to Section 3.28 and any amounts applied pursuant to Section 3.29) for such Monthly Period available after application in accordance with subsections 3.09(a) through (e), (ii) with respect to any other Series of Asset Pool One Notes, the Asset Pool One Principal Collections allocated to other Series of Notes in Asset Pool One remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are to be treated as "Shared Excess Available Principal Collections" and (iii) the Excess Funding Amount for Asset Pool One (following any deposit or withdrawal made during such Monthly Period).
Shared Excess Available Principal Collections means, with respect to any Monthly Period as determined on the related Note Transfer Date, the sum of (a) with respect to Series 2013-1, the amount of Series 2013-1 Available Principal Collections, less any amount released and used to purchase Receivables under Section 4.01(f), for such Monthly Period available after application in accordance with Sections 4.05(b)(i) through (iii) and (b) with respect to any other Series included in Shared Excess Available Principal Collections Group One, the Principal Collections allocated to such other Series remaining after all required payments and deposits, which the applicable Indenture Supplements for such Series specify are Back to Contents
Shared Excess Available Principal Collections with respect to such Monthly Period.
Shared Excess Available Principal Collections set forth in Section 1.01 of each Indenture Supplement is hereby amended as set forth below, with text marked in underline indicating additions to such definitions and with text marked in strikethrough indicating deletions to such definitions (without regard to the Series designation set forth below):