Collection Amount definition

Collection Amount means, with respect to any Calendar Quarter, (a) all amounts in respect of the Royalty Interest received by Parent or Borrower during such Calendar Quarter and (b) the Purchased Revenue Interest Amount (as defined in the Revenue Interest Purchase Agreement) paid or payable by Parent to Borrower in respect of such Calendar Quarter in accordance with Section 4.01(n) of the Revenue Interest Purchase Agreement and any amounts paid or payable by Parent to Borrower in accordance with Section 4.10(p) of the Revenue Interest Purchase Agreement during such Calendar Quarter.

Collection Amount means the amount which MES actually receives from its customer, in total or in installments, as consideration for MES sale of Products and related services to the customer. If such customer becomes insolvent, the Collection Amount includes the amount which MES receives in accordance with the insolvency procedure, such as dividends.

Collection Amount means, for each Collection Period, the aggregate amount of Collections for such Collection Period.

Examples of Collection Amount in a sentence

• It depends upon the rate of vibration of the air molecules which transmit the sound and is measure as the number of cycles per second or Hertz (Hz).

• In such a case the Bank will acquire the priority right before other creditors to satisfy in the first place, in full and properly, its claim to the Customer regarding the repayment of the Collection Amount, Interest, Commission Fee, Penalty and other charges from the abovementioned funds.

• The Commission Fee and Penalty shall be paid in the same currency as the Collection Amount, while in case of necessity of conversion of the amount for the said purpose the conversion shall be carried out at the expense of the Customer at the commercial rate of exchange established in the Bank by the date of conversion, or at the exchange rate agreed with the Customer (if any).

• Collection - the Bank’s obligation specified by the terms and conditions of the Agreement to ensure directly and/or through the Remitting Bank: (a) delivery of the Collection Order to the Remittee; (b) issue a Commercial Document to the Remittee against the payment or/and performance of other terms and conditions by the Remittee and (c) transfer of the Collection Amount or Document (if any) from the Remittee to the Customer.

• Collection Payment - in accordance with the terms and conditions set forth in the Agreement the Bank: (a) issues the Commercial Document against payment or performance of other terms and conditions by the Remittee and (b) transfers the Collection Amount or/and Document (if any) from the Remittee to the Customer.

More Definitions of Collection Amount

Collection Amount means the aggregate Collections received from Obligors during a Monthly Period.

Collection Amount means the amount specified in the Documentary Collection Order, which the Drawee must pay upon receipt of the Documents or which the Drawee obliges to pay on a fixed date in order to receive the Documents.

Collection Amount means the aggregate Collections received from Obligors during a Calculation Period.

Collection Amount. As to any Distribution Date and Loan Group, the excess of (a) the sum of (i) the aggregate of (A) the interest portion of any Monthly Payment on a Mortgage Loan in such Loan Group (net of the Servicing Fee) and the principal portion of any Monthly Payment on a Mortgage Loan in such Loan Group due on the Due Date in the month in which such Distribution Date occurs and which is received prior to the related Determination Date (or in the case of any Monthly Covered Amount, the related Remittance Date) and (B) all Periodic Advances and payments of Compensating Interest made by the Servicer in respect of such Loan Group and Distribution Date deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(vii); (ii) all Liquidation Proceeds received on the Mortgage Loans in such Loan Group during the preceding calendar month and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(iii); (iii) all Principal Prepayments (other than Total Covered Amounts) received on the Mortgage Loans in such Loan Group during the month preceding the month of such Distribution Date and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(i) during such period and all Total Covered Amounts received and deposited in the Servicer Custodial Account by the related Remittance Date; (iv) in connection with Defective Mortgage Loans in such Loan Group, as applicable, the aggregate of the Repurchase Prices and Substitution Adjustment Amounts deposited on the related Remittance Date pursuant to Section 3.08(b)(vi); (v) any other amounts in the Servicer Custodial Account deposited therein pursuant to Sections 3.08(b)(iv) and (v) in respect of such Distribution Date and such Loan Group; (vi) any Reimbursement Amount required to be included pursuant to Section 5.02(a); and (vii) any Non-PO Recovery with respect to such Distribution Date over (b) any (i) amounts permitted to be withdrawn from the Servicer Custodial Account pursuant to clauses (i) through (vii), inclusive, of Section 3.11(a) in respect of such Loan Group and (ii) amounts permitted to be withdrawn from the Certificate Account pursuant to clause (ii) of Section 3.11(b) in respect of such Loan Group.

Collection Amount means the aggregate of the amounts received by the Purchaser in respect of the Debts during the Collection Period less the proper and reasonable legal costs incurred by the Purchaser in connection with any legal proceedings to collect any such Debt and for seeking advice on whether legal proceedings will have a reasonable chance of success provided that all cheques and other bills received but uncleared at the close of business on the Final Date shall be included at their full face value unless they are dishonoured on first presentation and all cheques and other bills received before the close of business on the Final Date but dated after that date shall not be included;

Collection Amount shall have the meaning set forth in Section 2.7 hereof.

Collection Amount. The amount received by Xxxxxx from a customer in payment of an Account up to the Net Amount of such Account.