Total Collections definition
Total Collections means, as to each Transferred Batch, the sum of all Collections, Repurchase Prices and Indemnified Amounts, but only to the extent that such Indemnified Amounts are received in lieu of Collections, distributed to and received by the Purchaser with respect thereto.
Total Collections means with respect to any Collection Period all amounts deposited in the Certificate Account relating to such Collection Period pursuant to Sections 14.2, 14.3 and 14.4.
Total Collections means, with respect to the Purchased Receivables, the sum of all items booked in the Ledger in the Eligible Currency under Clauses 9 (a) to (d).
Examples of Total Collections in a sentence
On each Settlement Date and with respect to each Transferred Batch, Total Collections shall be distributed to the Purchaser.
On each Business Day and with respect to each Batch, Total Collections shall be distributed to the Purchaser.
The provisions of this Clause 13.1 are without prejudice to the obligation of the Servicer, upon an Acceleration to pay to the Purchaser on each Transfer Date the amount of the Total Collections in accordance with clause 4 of the Servicing Agreement.
Collections of Receivables (a) Total Collections $121,829,080.66 (b) Collections of Finance Charge and $27,003,182.24 Administrative Receivables (c) Collections of Principal $94,825,898.42 2.
Collections of Receivables (a) Total Collections $116,901,107.74 (b) Collections of Finance Charge and $26,268,241.21 Administrative Receivables (c) Collections of Principal $90,632,866.53 2.
More Definitions of Total Collections
Total Collections means, as to each Transferred Batch, the sum of all Collections, Repurchase Prices and Indemnified Amounts (but only to the extent that such Indemnified Amounts are received in lieu of Collections) distributed to and received by the Purchaser with respect thereto.
Total Collections means, as to each Batch, the sum of all Collections, Return Prices and Indemnified Amounts (but only to the extent that such Indemnified Amounts are received in lieu of Collections) distributed to and received by the Purchaser with respect thereto.
Total Collections means, with respect to any Purchased Receivable the sum of all items booked in the Current Account under 12.2.1, 12.2.2, 12.2.3, 12.2.4, 12.2.5, 12.2.6, minus the items of 12.2.13.
Total Collections means with r▇▇▇▇▇▇ ▇▇ ▇ny Collection Period all amounts deposited in the Collection Account relating to such Collection Period pursuant to Sections 7.2, 7.3 and 7.4.
Total Collections means, in respect of an Assigned Receivable and a Collection Period, all sums received and applied by the Servicer less (i) collections in relation to Excluded Rights (ii) Recoveries, (iii) any PCP Contract Vehicle Sale Actual Proceeds and any Vehicle Surrender Fees, (iv) all payments revoked (including payments not honoured by the Customer's paying bank) in respect of that Assigned Receivable in that Collection Period and (v) any Liquidation Proceeds.
Total Collections means, in respect of an Assigned Receivable and a Collection Period, all amounts received and applied to the Distribution Account in such Collection Period by the Servicer in respect of that Assigned Receivable (including Vehicle Proceeds) less the sum of: (a) any Excluded Collections; (b) (if such Assigned Receivable is a Redelivery PCP Contract) any PCP Contract Vehicle Sale Actual Proceeds or any Vehicle Surrender Fee relating to such Assigned Receivable received during such Collection Period; (c) (if such Assigned Receivable is a Written-Off Receivable) Collateral Recoveries in respect of such Assigned Receivable in that Collection Period; and (d) any amounts paid by FCE to the Receivables Trustee in respect of Total Collections that were made in error and have not been reimbursed.
Total Collections means, with respect to the Purchased Receivables in EUR, the sum of all items booked in the Current Account in EUR under Clauses 11(b)(i) and 11(b)(ii) and mutatis mutandis with respect to the Purchased Receivables in CAD, the Purchased Receivables in GBP and the Purchased Receivables in USD, the sum of all items booked in the Current Account in the corresponding currency under Clauses 11(b)(i) and 11(b)(ii). For the avoidance of doubt, indemnities paid by any Credit Insurance Company to the Purchaser or for the benefit of the Purchaser in each relevant currency shall be part of the Total Collections and, if collected by the relevant Originator (or by any Servicer or the Performance Guarantor), shall be booked in the Current Account in the corresponding currency.