Examples of Available Collections Amount in a sentence
On the date of any Refinancing, the Issuer shall issue and sell an aggregate principal amount of Refinancing Notes (when added to the Available Collections Amount to be used in connection with such Refinancing) resulting in proceeds in an amount sufficient to pay in full the applicable Redemption Price of the Notes being refinanced in whole thereby plus the Refinancing Expenses relating thereto.
All rights of a counterparty underthis chapter shall apply to netting agreements and qualified financial contracts entered into on behalf of the general account or separate accounts, provided that the assets of each separate account are available only to counterparties to netting agreements and qualified financial contracts entered into on behalf of that separate account.
The application of the Class C Distributions (as part of the Available Collections Amount), together with the investment earnings on funds on deposit in the Collection Account to principal payments on any Original Notes (or any Refinancing Notes in respect of the Original Notes) pursuant to the Priority of Payments shall not be treated as an Optional Redemption under this Indenture.
Amounts available in the Senior Cash Account, the Junior Cash Account, the Security Deposit Account and the Maintenance Support Account will supplement the Available Collections Amount.
The Available Collections Amount will be applied as provided in the Priority of Payments, including for the purpose of replenishing the required balances in the Senior Cash Account, the Junior Cash Account and the Maintenance Support Account.