Total Remittance Amount definition

Total Remittance Amount. With respect to any Payment Date, the sum of (i) the Interest Funds for both Mortgage Groups for such Payment Date and (ii) the Principal Funds for both Mortgage Groups for such Payment Date.
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Total Remittance Amount. With respect to any Payment Date, the sum of (i) the Interest Remittance Amount for all Pools for such Payment Date and (ii) Principal Remittance Amount for all Pools for such Payment Date.
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Total Remittance Amount. With respect to any Payment Date, the sum of (i) the Interest Remittance Amount for such date, (ii) the Principal Remittance Amount for such date, and (iii) all Prepayment Penalties collected during the related Prepayment Period or Collection Period, as applicable.
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Examples of Total Remittance Amount in a sentence

  • In connection with such purchase, the Servicer shall remit to the Trust Administrator all amounts then on deposit in the Custodial Account in respect of the related Total Remittance Amount for deposit to the Collection Account, which deposit shall be deemed to have occurred immediately preceding such purchase.

  • In connection with such purchase, the Servicer shall remit to the Trust Administrator all amounts then on deposit in the Custodial Account in respect of the related Total Remittance Amount for deposit to the Note Account, which deposit shall be deemed to have occurred immediately preceding such purchase.

  • On each Deposit Date, the Master Servicer shall remit to the Administrator, on behalf of the Indenture Trustee, for deposit in the Note Payment Account the Total Remittance Amount for such date.

  • If there are insufficient funds in the payment account to cover the Total Remittance Amount, BTS may, in its sole discretion, either (i) advance the Total Remittance Amount on your behalf and send the Remittance, or (ii) decline to send the Remittance.

  • On each Deposit Date, the Master Servicer shall remit to the Administrator for deposit in the Note Payment Account the Total Remittance Amount for such date, to the extent received by it or required to be funded by it.

  • The Indenture Trustee shall also deposit or cause to be deposited into the Note Account on the Business Day immediately following the day on which the Total Remittance Amount is remitted by the Master Servicer to the Indenture Trustee, all such amounts.


More Definitions of Total Remittance Amount

Total Remittance Amount means the aggregate total Remittance Amounts collected by Groupon for all Vouchers.
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