Collections of Principal definition

Collections of Principal means, with reference to each Receivable and to a Reference Period, the Collections (other than a Recovery), effectively collected (net of the Principal Component of any Unpaid Amount determined during such Reference Period) by the Issuer during such Reference Period, which causes a reduction of the Principal Amount Outstanding of such Receivable as of the end of such Reference Period (including the Collections received as prepayment of the Receivable, the insurance indemnities due under the Registered Assets Insurance Policies, with reference to such Receivable and any other amount received as principal in relation to such Receivable, including the insurance indemnities due under the Agos Insurance Policies and the Collections related to the Accrual of Interests and the repayment by the relevant Debtors of the Insurance Premiums paid by Agos in accordance with the Financed Insurance Policies).
Collections of Principal means, with respect of any period of time, the Collections Received in respect of Principal Instalments in such period (other than Recoveries), including without limitation any amounts which cause a reduction of the Outstanding Principal of the Receivables as at the end of such period.

Examples of Collections of Principal in a sentence

  • Allocations of Collections of Finance Charge Receivables Allocations of Collections of Principal Receivables B.

  • In the event that the Class A Required Amount for such Transfer Date exceeds the amount of Excess Spread with respect to such Transfer Date, the Collections of Principal Receivables allocable to the Collateral Interest and the Collections of Principal Receivables allocable to the Class B Certificates with respect to the prior Monthly Period shall be applied as specified in Section 4.12.

  • The Company complies with the Privacy Act 1988 as amended and is bound by the Australian Privacy Principles dealing with the collection, use and storage of personal information about individuals.

  • Step 3: Collections of Principal Receivables allocated to your Series and not used in Step 2 above are combined with shared principal collections from other Series, to the extent necessary and available, and treated as Available Investor Principal Collections.

  • Step 1: Collections of Principal Receivables for your Series are allocated, based on varying percentages, among the Class A Investor Interest, the Class B Investor Interest and the Collateral Interest Amount.

  • Allocations of Collections of Principal Receivables The chart on the following page demonstrates the manner in which collections of principal receivables are allocated and applied to your series.

  • The aggregate amount of Collections of Principal Receivables processed during the related Monthly Period which were allocated in respect of the Collateral Interest.

  • We have also observed the behavior of Lamb waves propagation in the vicinity of the S1 ZGV point (Fig.4).

  • Allocations of Collections of Principal Receivables The chart on the following page demonstrates the manner in which collections of Principal Receivables are allocated and applied to your Series.

  • Die endgültige Methodik bestand in der Kombination von Flächennut- zungsdaten und Daten zur Bodenqualität.

Related to Collections of Principal

  • Loan Payments means the amounts required to be paid by the Company in repayment of the Loan pursuant to Section 4.1 hereof.

  • Interest Collections means, (i) with respect to any Loan Asset, all payments and collections attributable to interest on such Loan Asset, including, without limitation, all scheduled payments of interest and payments of interest relating to principal prepayments, all guaranty payments attributable to interest and proceeds of any liquidations, sales, dispositions or securitizations attributable to interest on such Loan Asset and (ii) amendment fees, late fees, waiver fees or other amounts received in respect of Loan Assets.

  • Monthly Principal is defined in Section 4.1(d).

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Collections means all cash, checks, notes, instruments, and other items of payment (including insurance proceeds, proceeds of cash sales, rental proceeds, and tax refunds).

  • Prepayment Premium means, with respect to the Mortgage Loan, any prepayment premium, spread maintenance premium, yield maintenance premium or similar fee required to be paid in connection with a prepayment of the Mortgage Loan pursuant to the Mortgage Loan Documents, including any exit fee.

  • Interest Collection Account A Securities Account created and maintained on the books and records of the Securities Intermediary entitled “Interest Collection Account” in the name of the Borrower and subject to the prior Lien of the Collateral Agent for the benefit of the Secured Parties.

  • Servicing Fee means the fee payable to the Servicer for services rendered during each Collection Period, determined pursuant to Section 4.08 of the Sale and Servicing Agreement.