MBNAseries Available Funds definition

MBNAseries Available Funds means, for any month, the amounts to be treated as MBNAseries Available Funds as described in
Sample 1Sample 2Sample 3
MBNAseries Available Funds means, for any month, the amounts to be treated as MBNAseries Available Funds as described in “Deposit and Application of Funds—MBNAseries Available Funds.”
Sample 1Sample 2Sample 3
MBNAseries Available Funds means, with respect to any Transfer Date, the sum of (a) Available Funds allocated to the MBNAseries pursuant to Section 501 of the Indenture, (b) any amounts to be treated as MBNAseries Available Funds pursuant to Sections 3.04(a) and 3.20(d) and (c) any amounts to be treated as MBNAseries Available Funds pursuant to any terms document.
Sample 1

Examples of MBNAseries Available Funds in a sentence

  • In connection to this, Peter Northouse (2007) defines leadership as ―a process whereby an individual influences a group of individuals to achieve a common goal.‖ These definitions suggest several components central to the phenomenon of leadership.

  • However, the first interest period will begin on and include the issuance date.With respect to each Transfer Date, the Net Derivative Receipt, if any, will be treated as MBNAseries Available Funds.

  • In accordance with Section 3.01 of the MBNAseries Indenture Supplement dated as of May 24, 2001, between MBNA Credit Card Master Note Trust and The Bank of New York, MBNAseries Available Funds shall be applied in the priority described in the chart below.

  • In case of questions regarding Mobile Banking, please contact customer service at onlineservices@harrisbank.com.• Termination of Mobile Banking and Remote Deposit Service.

  • Pursuant to Section 3.03 of the Indenture Supplement, on each Transfer Date, the Indenture Trustee shall deposit into the Class B(2002-3) Interest Funding sub-Account the portion of MBNAseries Available Funds allocable to the Class B(2002-3) Notes.

  • Pursuant to Section 3.03 of the Indenture Supplement, on each Transfer Date, the Indenture Trustee shall deposit into the Class B(2003-3) Interest Funding sub-Account the portion of MBNAseries Available Funds allocable to the Class B(2003-3) Notes.

  • Pursuant to Section 3.03 of the Indenture Supplement, on each Transfer Date, the Indenture Trustee shall deposit into the Class B(2002-4) Interest Funding sub-Account the portion of MBNAseries Available Funds allocable to the Class B(2002-4) Notes.

  • This chart is only an overview of the application and priority of payments of MBNAseries Available Funds.

  • Pursuant to Section 3.03 of the Indenture Supplement, on each Transfer Date, the Indenture Trustee shall deposit into the Class B(2005-4) Interest Funding sub-Account the portion of MBNAseries Available Funds allocable to the Class B(2005-4) Notes.

  • Unless otherwise specified in the Derivative Agreement, any amounts received by the Issuer from a Reference Market- maker (as such term is defined in the Derivative Agreement) that are owed to the Derivative Counterparty under the terms of the Derivative Agreement (i) shall be paid directly to the Derivative Counterparty and (ii) shall not be included as MBNAseries Available Funds or MBNAseries Available Principal Amounts.

Related to MBNAseries Available Funds

  • Class B Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) the Class B Floating Percentage of the Reallocated Investor Finance Charge Collections and (b) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class B Floating Percentage of the Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date.

  • Class A Available Funds means, with respect to any Monthly Period, an amount equal to the sum of (a) if such Monthly Period relates to a Distribution Date with respect to the Controlled Accumulation Period, the Class A Floating Percentage of Principal Funding Account Investment Proceeds, if any, with respect to such Distribution Date, (b) the Class A Floating Percentage of the Reallocated Investor Finance Charge Collections and (c) the amount of funds, if any, to be withdrawn from the Reserve Account which, pursuant to subsection 4.12(d), are required to be included in Class A Available Funds with respect to such Distribution Date.

  • Available Funds With respect to any Distribution Date and the Mortgage Loans to the extent received by the Master Servicer (x) the sum of (i) all scheduled installments of interest (net of the related Expense Fees) and principal due on the Due Date on such Mortgage Loans in the related Due Period and received by the Servicer on or prior to the related Determination Date, together with any P&I Advances in respect thereof; (ii) all Condemnation Proceeds, Insurance Proceeds, Liquidation Proceeds and Subsequent Recoveries received by the Servicer during the related Prepayment Period (in each case, net of unreimbursed expenses incurred in connection with a liquidation or foreclosure and unreimbursed Advances, if any); (iii) all partial or full prepayments on the Mortgage Loans received by the Servicer during the related Prepayment Period together with all Compensating Interest paid by the Servicer in connection therewith (excluding any Prepayment Charges); (iv) all Substitution Adjustment Amounts with respect to the substitutions of Mortgage Loans that occur on or prior to the related Determination Date; (v) all amounts received with respect to such Distribution Date as the Repurchase Price in respect of a Mortgage Loan repurchased by the Mortgage Loan Seller or the Sponsor on or prior to the related Determination Date; and (vi) the proceeds with respect to the termination of the Trust Fund pursuant to clause (a) of Section 11.01; reduced by (y) amounts in reimbursement for Advances previously made with respect to the Mortgage Loans and other amounts as to which the Servicer, the Depositor, the Master Servicer, the Securities Administrator or the Trustee are entitled to be paid or reimbursed pursuant to this Agreement.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Required Overcollateralization Amount With respect to any Distribution Date, (a) prior to the Stepdown Date, an amount equal to 1.80% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date, (b) on or after the Stepdown Date if a Trigger Event is not in effect, the greater of (i) an amount equal to 3.60% of the aggregate outstanding Stated Principal Balance of the Mortgage Loans after giving effect to distributions made on that Distribution Date and (ii) the Overcollateralization Floor and (c) on or after the Stepdown Date if a Trigger Event is in effect, an amount equal to the Required Overcollateralization Amount from the immediately preceding Distribution Date. The Required Overcollateralization Amount may be reduced so long as written confirmation is obtained from each Rating Agency that such reduction shall not reduce the ratings assigned to any Class of Certificates by such Rating Agency below the lower of the then-current rating or the rating assigned to such Certificates as of the Closing Date by such Rating Agency. Residential Funding: Residential Funding Corporation, a Delaware corporation, in its capacity as seller of the Mortgage Loans to the Depositor and any successor thereto.

  • Target Overcollateralization Amount means, with respect to any Payment Date, 3.00% of the Adjusted Pool Balance as of the Cutoff Date. Notwithstanding the foregoing, the Target Overcollateralization Amount shall not exceed the Adjusted Pool Balance on such Payment Date.