Noteholder Principal Collections definition

Noteholder Principal Collections means, with respect to any Deposit -------------------------------- Date falling in: (i) the Revolving Period, the sum of (a) the Floating Allocation Percentage of Allocable Principal Collections plus any Series 2001-1 Allocable Miscellaneous Payments that are treated as Noteholder Principal Collections and (b) for any Deposit Date that is also a Payment Date, the amount, if any, of Noteholder Non-Principal Collections, Investment Proceeds, funds in the Reserve Fund and Additional Noteholder Collections allocated to cover Noteholder Defaulted Amount or Monthly Dilution Amount or reverse Noteholder Charge-Offs and (ii) the Accumulation Period, the Amortization Period or an Early Amortization Period, the sum of (a) the Principal Allocation Percentage then in effect of Allocable Principal Collections plus any Series 2001-1 Allocable Miscellaneous Payments that are treated as Noteholder Principal Collections and (b) for any Deposit Date that is also a Payment Date, the amount, if any, of Noteholder Non-Principal Collections, Investment Proceeds, funds in the Reserve Fund and Additional Noteholder Collections allocated to cover the Noteholder Defaulted Amount or Monthly Dilution Amount or to reverse Noteholder Charge-Offs.
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Noteholder Principal Collections means, with respect to any -------------------------------- Payment Date, the sum of (a) the product of (i) the Floating Allocation Percentage, with respect to the Revolving Period, or the Principal Allocation Percentage, with respect to the Accumulation Period or an Early Amortization Period, for the related Collection Period (or any partial Collection Period which occurs as the first Collection Period during an Early Amortization Period) and (ii) Allocable Principal Collections deposited in the Collection Account for the related Collection Period (or any partial Collection Period which occurs as the first Collection Period during an Early Amortization Period) and (b) the amount, if any, of Non-Principal Collections, Investment Proceeds and Additional Noteholders Collections to be distributed pursuant to Section 4.06(a)(iv), 4.06(a)(v) or 4.08(b) on such Payment Date.
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Noteholder Principal Collections means, with respect to any Deposit Date falling in the Accumulation Period or an Early Amortization Period, the sum of (a) the Principal Allocation Percentage then in effect of Allocable Principal Collections (including any Series 200_-_ Allocable Miscellaneous Payments that are treated as Allocable Principal Collections) and (b) for any Deposit Date that is also a Payment Date, the amount, if any, of Noteholder Non-Principal Collections, Investment Proceeds, funds in the Reserve Fund and Additional Noteholder Collections allocated to cover the Noteholder Default Amount or to reverse Noteholder Charge- Offs.
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Examples of Noteholder Principal Collections in a sentence

  • The Servicer will allocate Series 2000-1 Excess Principal Collections and treat as Available Noteholder Principal Collections an amount equal to the Series 2000-1 Principal Shortfall, to the extent available.

  • The Servicer will allocate Series 2004-1 Excess Principal Collections and treat as Available Noteholder Principal Collections an amount equal to the Series 2004-1 Principal Shortfall, to the extent available.

  • Any Additional Noteholder Collections remaining after application thereof pursuant to the first or second preceding sentence, as applicable, shall be treated as a portion of Noteholder Principal Collections for such Payment Date, but only up to the amount of unpaid Adjustment Payments allocated to Series 2000-1 as described in Section 4.05(a)(vi).

  • During the ---------------------------------- Accumulation Period or an Early Amortization Period, the amount of monthly principal (the "Monthly Principal") to be deposited by the Servicer into the Principal Funding Account shall be equal to the Available Noteholder Principal Collections; and provided, however, that for each Payment Date with respect to -------- ------- the Accumulation Period, Monthly Principal shall not exceed the Controlled Deposit Amount for such Payment Date.

  • The Servicer will allocate ---------------------------- Series 2001-1 Excess Principal Collections and treat as Available Noteholder Principal Collections an amount equal to the Series 2001-1 Principal Shortfall, to the extent available.

  • Principal Collections, --------------------------------------------------- Investment Proceeds and Available Noteholder Principal Collections.

  • Application of Noteholder Non-Principal Collections, Investment Proceeds and Available Noteholder Principal Collections..................................................


More Definitions of Noteholder Principal Collections

Noteholder Principal Collections means, with respect to any Payment Date, the sum of (a) the product of (i) the Floating Allocation Percentage, with respect to the Revolving Period, or the Principal Allocation Percentage, with respect to the Accumulation Period or an Early Amortization Period, for the related Collection Period (or any partial Collection Period which occurs as the first Collection Period during an Early Amortization Period) and (ii) Principal Collections for the related Collection Period and (b) the amount, if any, of Non-Principal Collections, Investment Proceeds and Additional Noteholder Collections to be distributed pursuant to Section 4.06(a)(v), 4.06(a)(vi) or 4.08(b) on such Payment Date.
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Related to Noteholder Principal Collections

  • Investor Principal Collections means, for any Monthly Period, an amount equal to the aggregate amount of Principal Collections retained or deposited in the Principal Account for Series 2009-VFN pursuant to clause 5.1(b)(ii) for such Monthly Period.

  • Principal Collections means Collections of Principal Receivables.

  • Shared Principal Collections means, with respect to any Transfer Date, either (a) the amount allocated to the Investor Certificates which may be applied to the Series Principal Shortfall with respect to other outstanding Series in Group One or (b) the amounts allocated to the investor certificates of other Series in Group One which the applicable Supplements for such Series specify are to be treated as "Shared Principal Collections" and which may be applied to cover the Series Principal Shortfall with respect to the Investor Certificates.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Collateral Principal Collections and Reallocated Class B Principal Collections with respect to such Monthly Period which pursuant to Section 4.12 are required to fund the Class A Required Amount and the Class B Required Amount, plus (c) the amount of Shared Principal Collections with respect to Group One that are allocated to Series 2000-L in accordance with subsection 4.13(b).

  • Available Principal Collections means, with respect to any Monthly Period, an amount equal to the sum of (a) (i) an amount equal to the Principal Allocation Percentage of Series2023-3 Allocable Principal Collections received during such Monthly Period minus (ii) the amount of Reallocated Principal Collections with respect to such Monthly Period which pursuant to Section 4.08 are required to fund the Required Amount for the related Distribution Date, (b) any Shared Principal Collections with respect to other Series that are allocated to Series 2023-3 in accordance with Section 4.04 of the Agreement and Section 4.11 of this Supplement, and (c) any other amounts which pursuant to Section 4.05 or 4.07 of this Supplement are to be treated as Available Principal Collections with respect to the related Distribution Date.