Examples of Gross charge in a sentence
MONTHLY SERVICER CERTIFICATE - INPUT SHEET COLLECTION PERIOD ENDED JANUARY 1, 2001 GROSS CHARGE EVENT CALCULATION: Result ------------ Defaulted Contracts Current Period 360,758 Total Defaulted Contracts Prior Period 1,196,280 ------------ Total ADCPB of all Defaulted Contracts 1,557,038 Total Initial ADCPB 188,652,729 ------------ % Total Defaulted 0.83% Maximum Allowed 10.00% Gross Charge Off Event: No Page 9 38 FIRST SIERRA EQUIPMENT CONTRACT TRUST SERIES 2000-2 FIRST SIERRA RECEIVABLES III, INC.
Less Recoveries 65,196.46 -------------- Total Charge Offs for the period 97,974.10 End of Month ADCPB 141,511,865.20 Gross Charge Off Ratio (Total Charge Offs/ADCPB) 0.07% Page 8 29 FIRST SIERRA EQUIPMENT CONTRACT TRUST SERIES 1999-2 FIRST SIERRA RECEIVABLES III, INC.
MONTHLY SERVICER CERTIFICATE - INPUT SHEET COLLECTION PERIOD ENDED MARCH 1, 2001 GROSS CHARGE EVENT CALCULATION: Result -------------- Defaulted Contracts Current Period 0 Total Defaulted Contracts Prior Period 1,557,038 -------------- Total ADCPB of all Defaulted Contracts 1,557,038 Total Initial ADCPB 188,652,729 -------------- % Total Defaulted 0.83% Maximum Allowed 10.00% Gross Charge Off Event: No Page 9 37 FIRST SIERRA EQUIPMENT CONTRACT TRUST SERIES 2000-2 FIRST SIERRA RECEIVABLES III, INC.
MONTHLY SERVICER CERTIFICATE - INPUT SHEET COLLECTION PERIOD ENDED SEPTEMBER 1, 2000 GROSS CHARGE EVENT CALCULATION: Result ------------ Defaulted Contracts Current Period Total Defaulted Contracts Prior Period 24491735.00% Total Initial ADCPB 0.00% ------------ % Total Defaulted 0.00% Maximum Allowed 10.00% Gross Charge Off Event: No Page 9 39 FIRST SIERRA EQUIPMENT CONTRACT TRUST SERIES 2000-2 FIRST SIERRA RECEIVABLES III, INC.
MONTHLY SERVICER CERTIFICATE - INPUT SHEET COLLECTION PERIOD ENDED JULY 1, 2000 GROSS CHARGE EVENT CALCULATION: Result ------ Defaulted Contracts Current Period Total Defaulted Contracts Prior Period 0.00% Total Initial ADCPB 0.00% ------ % Total Defaulted 0.00% Maximum Allowed 10.00% Gross Charge Off Event: No Page 9 41 FIRST SIERRA EQUIPMENT CONTRACT TRUST SERIES 2000-2 FIRST SIERRA RECEIVABLES III, INC.