Trust Receivables definition

Trust Receivables has the meaning given in Clause 1 of the Accounts Receivables Trust Agreement.
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Trust Receivables means, collectively, the Existing Trust Receivables and the Prospective Trust Receivables.
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Trust Receivables means each of (A) any and all payments made or amounts paid in connection with the Contracts, and (B) any and all proceeds from the repossession or other disposition of any Vehicle made in connection with a delinquent Contract.
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Examples of Trust Receivables in a sentence

  • The Bank, as holder of the Transferor Interest, will benefit from such increase in value of the Collateral Certificates and the Trust Receivables through an increase in the value of the Transferor Interest.

  • If prevailing market finance charge rates for receivables comparable to the Receivables decrease in relation to the yield on the Receivables, the Trust Receivables, as well as the Master Trust Receivables and consequently, the Collateral Certificates, will increase in value.

  • The Collateral may also comprise, from time to time: (1) additional Asset Pool One Collateral Certificates; (2) additional Trust Receivables; (3) additional bank accounts; and (4) rights, benefits and powers under Derivative Agreements, Supplemental Credit Enhancement Agreements, and Supplemental Liquidity Agreements.

  • Thus, an Early Amortization Event will occur if the yield on the Master Trust Receivables allocable to the Collateral Certificates and the yield on the Trust Receivables (plus earnings on certain amounts on deposit in certain accounts of the Issuing Entity) does not continue to provide sufficient funds to make interest payments on the Notes, pay the portion of the Servicing Fee allocable to the Notes, and cover CHASEseries Default Amounts.

  • Total Collections as a monthly percentage of Master Trust Receivables at the beginning of February, 2002 16.27% 4.

  • Delinquency Summary Master Trust Receivables Outstanding at the end of May, 2007 $37,327,387,468.23 Perecentage Number of Delinquent of Ending Delinquent Amount Receivables Payment Status Accounts Ending Balance Outstanding 30-59 Days 68,708 $350,566,188.45 0.94% 60-89 Days 44,035 $254,661,370.38 0.68% 90-119 Days 33,989 $215,434,292.49 0.58% 120-149 Days 27,998 $183,925,689.76 0.49% 150-179 Days 25,871 $174,404,547.16 0.47% 180+ Days 0 $0.00 0.00% Total 200,601 $1,178,992,088.24 3.16% (3) 16.

  • Delinquency Summary Master Trust Receivables Outstanding at the end of April, 2007 $35,316,749,111.86 Perecentage Number of Delinquent of Ending Delinquent Amount Receivables Payment Status Accounts Ending Balance Outstanding 30-59 Days 67,326 $346,737,354.38 0.98% 60-89 Days 43,518 $255,529,452.62 0.72% 90-119 Days 32,981 $206,087,511.91 0.58% 120-149 Days 28,757 $188,633,040.83 0.53% 150-179 Days 25,993 $174,779,637.12 0.49% 180+ Days 0 $0.00 0.00% Total 198,575 $1,171,766,996.86 3.32% (3) 16.

  • Delinquency Summary Master Trust Receivables Outstanding at the end of October, 2006 $33,179,737,973.29 Perecentage Number of Delinquent of Ending Delinquent Amount Receivables Payment Status Accounts Ending Balance Outstanding 30-59 Days 76,885 $392,719,088.34 1.18% 60-89 Days 48,327 $272,579,532.69 0.82% 90-119 Days 36,351 $216,077,568.38 0.65% 120-149 Days 29,790 $184,324,670.73 0.56% 150-179 Days 29,844 $184,486,672.72 0.56% 180+ Days 0 $0.00 0.00% Total 221,197 $1,250,187,532.86 3.77% (3) 16.

  • Delinquency Summary Master Trust Receivables Outstanding at the end of February, 2007 $35,794,396,730.79 Perecentage Number of Delinquent of Ending Delinquent Amount Receivables Payment Status Accounts Ending Balance Outstanding 30-59 Days 75,194 $378,961,318.90 1.06% 60-89 Days 47,547 $270,126,173.05 0.75% 90-119 Days 36,392 $223,482,893.32 0.62% 120-149 Days 31,838 $204,206,820.83 0.57% 150-179 Days 29,794 $198,848,666.61 0.56% 180+ Days 0 $0.00 0.00% Total 220,765 $1,275,625,872.71 3.56% (3) 16.

  • Delinquency Summary Master Trust Receivables Outstanding at the end of March, 2007 $35,167,231,501.38 Perecentage Number of Delinquent of Ending Delinquent Amount Receivables Payment Status Accounts Ending Balance Outstanding 30-59 Days 71,113 $363,515,169.87 1.03% 60-89 Days 44,215 $254,812,760.83 0.72% 90-119 Days 34,997 $216,676,790.84 0.62% 120-149 Days 29,919 $193,515,166.87 0.55% 150-179 Days 27,600 $184,826,520.52 0.53% 180+ Days 0 $0.00 0.00% Total 207,844 $1,213,346,408.93 3.45% (3) 16.

Related to Trust Receivables

  • Subsequent Receivables means the Receivables transferred to the Issuer pursuant to Section 2.2, which shall be listed on Schedule A to the related Subsequent Transfer Agreement.

  • Receivables means the Accounts, Chattel Paper, Documents, Investment Property, Instruments and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral.

  • Subject Receivables means, for any Asset Representations Review, all Receivables outstanding and held by the Issuer that are more than 60 days delinquent as of the first day on which the Review Conditions are satisfied.

  • Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.

  • Purchased Receivables means all those accounts, receivables, chattel paper, instruments, contract rights, documents, general intangibles, letters of credit, drafts, bankers acceptances, and rights to payment, and all proceeds thereof (all of the foregoing being referred to as "receivables"), arising out of the invoices and other agreements identified on or delivered with any Invoice Transmittal delivered by Seller to Buyer which Buyer elects to purchase and for which Buyer makes an Advance.

  • Eligible Receivables means and include with respect to each Borrower, each Receivable of such Borrower arising in the Ordinary Course of Business and which Agent, in its sole credit judgment, shall deem to be an Eligible Receivable, based on such considerations as Agent may from time to time deem appropriate. A Receivable shall not be deemed eligible unless such Receivable is subject to Agent’s first priority perfected security interest and no other Lien (other than Permitted Encumbrances), and is evidenced by an invoice or other documentary evidence satisfactory to Agent. In addition, no Receivable shall be an Eligible Receivable if:

  • Trust Receipt shall have the meaning set forth in the Custodial Agreement.

  • Mortgage Receivable means a promissory note secured by a Mortgage of which the Borrower or a Subsidiary is the holder and retains the rights of collection of all payments thereunder.

  • Interest Receivable means, in respect of the relevant Measurement Period ending on any Measurement Date, all interest received by or accrued to the Issuer during such period, including any amounts received by the Issuer in terms of any Treasury Transaction (as such relates to the hedging by the Issuer of its interest rate risk) (other than interest which is not received or receivable in funds that are freely remittable to South Africa), all as reflected in, and/or ascertained from, the Financial Statements for that Measurement Period;

  • Principal Receivables means all Receivables other than Finance Charge Receivables. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day.

  • Review Receivables means those certain Receivables identified by the Servicer to the Asset Representations Reviewer following receipt of a Review Notice as not having been paid in full by the Obligor or purchased from the Issuer in accordance with the terms of the Basic Documents at or prior to the date of such Review Notice.

  • Ineligible Receivables shall have the meaning specified in subsection 2.05(a).

  • Net Receivables Pool Balance means, at any time: (a) the Outstanding Balance of Eligible Receivables then in the Receivables Pool minus (b) the Excess Concentration.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Initial Receivable means each Contract related to a Financed Vehicle transferred to the Issuer pursuant to Section 2.1, which, as of the Closing Date, is listed on Schedule A (which Schedule A may be in the form of an electronic file), and all rights and obligations thereunder, except for Initial Receivables that shall have become Purchased Receivables or Sold Receivables.

  • Receivables Pool means, at any time of determination, all of the then outstanding Receivables transferred (or purported to be transferred) to the Borrower pursuant to the Purchase and Sale Agreement prior to the Termination Date.

  • Eligible Account Receivable means an Account Receivable owing to the Company or any Domestic Subsidiary which meets the following requirements:

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Warranty Receivable means a Receivable which the Seller is required to repurchase pursuant to Section 3.02.

  • Purchased Mortgage Loans means the collective reference to Mortgage Loans sold by Seller to Buyer in a Transaction hereunder, listed on the related Mortgage Loan Schedule attached to the related Transaction Request, which such Mortgage Loans the Custodian has been instructed to hold pursuant to the Custodial Agreement.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Purchased Receivable means a Receivable purchased as of the close of business on the last day of a Collection Period by the Servicer pursuant to Sections 4.2, 4.4(c) or 4.7 or repurchased by the Seller or the Servicer pursuant to Section 3.2 or Section 10.1(a).

  • Principal Receivable means each Receivable other than Finance Charge -------------------- Receivables and Receivables in Defaulted Accounts. A Principal Receivable shall be deemed to have been created at the end of the day on the Date of Processing of such Receivable. In calculating the aggregate amount of Principal Receivables on any day, the amount of Principal Receivables shall be reduced by the aggregate amount of credit balances in the Accounts on such day. Any Principal Receivables which Seller is unable to transfer as provided in Section 2.5(c) of -------------- the Transfer and Servicing Agreement shall not be included in calculating the aggregate amount of Principal Receivables.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.

  • Net Receivables Balance means, at any time, the aggregate Outstanding Balance of all Eligible Receivables at such time reduced by the aggregate amount by which the Outstanding Balance of all Eligible Receivables of each Obligor and its Affiliates exceeds the Concentration Limit for such Obligor.