Definition of TC Collections

  1. TC Collections means the Transition Charges received by the Servicer to be remitted to the Collection Account.

Examples of TC Collections in a sentence

  1. The Trustee, with the written consent of the Majority Holders, may waive in writing in whole or in part any default by the Servicer in the performance of its obligations hereunder and its consequences, except a default in making any required remittances to the Trustee of TC Collections from Transition Property in accordance with Section 6.12 of this Agreement.

Definition of TC Collections in Indenture

TC Collections means Transition Charges received by the Servicer to be remitted to the Collection Account.