Trust Reimbursement Amount definition

Trust Reimbursement Amount. As defined in Section 3.06A(a) of this Agreement.
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Examples of Trust Reimbursement Amount in a sentence

  • In such case, the Trust shall be reimbursed as a Servicing Business Expense the Trust Reimbursement Amount from the FPB Proceeds for the total of all Monthly Lease Charges paid by the Trust on behalf of WIB including accrued interest thereon at 8.5% per annum through the date of reimbursement in accordance with Section 6.5.7.1(b)(iv) of the Plan.

  • Any Trust Reimbursement Amount shall be paid as a Servicing Business Expense from the FPB Proceeds to the extent of such proceeds.

Related to Trust Reimbursement Amount

  • Advance Reimbursement Amount As defined in Section 5.01(b)(ii).

  • Workout-Delayed Reimbursement Amounts With respect to any Mortgage Loan or Serviced Loan Combination, the amount of any Advance made with respect to such Mortgage Loan or Serviced Loan Combination on or before the date such Mortgage Loan or Serviced Loan Combination becomes (or, but for the making of three monthly payments under its modified terms, would then constitute) a Corrected Loan, together with (to the extent accrued and unpaid) interest on such Advances, to the extent that (i) such Advance is not reimbursed to the Person who made such Advance on or before the date, if any, on which such Mortgage Loan or Serviced Loan Combination becomes a Corrected Loan and (ii) the amount of such Advance becomes a future obligation of the Mortgagor to pay under the terms of modified Loan Documents. That any amount constitutes all or a portion of any Workout-Delayed Reimbursement Amount shall not in any manner limit the right of any Person hereunder to determine in the future that such amount instead constitutes a Nonrecoverable Advance.

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Payment Amount has the meaning set forth in Section 6.1.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.