Net Monthly Excess Cash Flow definition

Net Monthly Excess Cash Flow. For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).
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Net Monthly Excess Cash Flow. For any Payment Date, the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Available Funds for such Payment Date over (y) the sum for such Payment Date of (A) the aggregate amount of Accrued Bond Interest for the Bonds and (B) the Principal Remittance Amount.
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Net Monthly Excess Cash Flow. For any Distribution Date, the amount remaining for distribution pursuant to Section 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).
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Examples of Net Monthly Excess Cash Flow in a sentence

  • Realized Losses on the Loans for any Distribution Date will first, cause a reduction in Net Monthly Excess Cash Flow for that Distribution Date and second, cause a reduction in the Certificate Principal Balance of the Class CE Certificates for that Distribution Date, until the Certificate Principal Balance thereof has been reduced to zero.

  • It is comprised of members’ contributions and donations from individuals for up to 7,500 euros per year.

  • Realized Losses on the Group II Loans for any Distribution Date will first, cause a reduction in Group II Net Monthly Excess Cash Flow for that Distribution Date, second, reduce available Net Swap Payments from the related Swap Providers, if any, for that Distribution Date, and third cause a reduction in the Group II Certificate Principal Balance of the Class II-CE Certificates for that Distribution Date, until the Group II Certificate Principal Balance thereof has been reduced to zero.

  • In addition, on any Distribution Date for which the Overcollateralization Amount is equal to the Required Overcollateralization Amount and any Basis Risk Shortfall Carry-Forward Amount exists, which would not otherwise be covered by amounts currently in the Reserve Fund, a portion of the Net Monthly Excess Cash Flow will be deposited in the Reserve Fund as described herein.

  • To pay the aggregate Liquidation Loss Payment Amount to the notes; (2) To pay the Reserve Increase Amount to the notes; (3) To pay any Allocable Loss Interest and reimbursement for Liquidation Loss Amounts to the Class M-1, Class M-2, Class M-3, Class M-4, Class M-5, Class M-6, Class M-7, Class M-8 and Class M-9 Notes, in that order; and (4) To pay the holders of the certificates created with respect to this transaction, any remaining Net Monthly Excess Cash Flow.


More Definitions of Net Monthly Excess Cash Flow

Net Monthly Excess Cash Flow. For any Payment Date, the sum of (a) any Overcollateralization Release Amount and (b) the excess of (x) the Available Funds and the Insured Amount, if any, for such Payment Date over (y) the sum for such Payment Date of (A) the aggregate amount of Accrued Bond Interest for the Bonds and (B) the Principal Remittance Amount.
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Net Monthly Excess Cash Flow. For any Distribution Date the, that portion of the Interest Remittance Amount and Principal Remittance Amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).
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Net Monthly Excess Cash Flow. With respect to any Distribution Date, the excess of (x) the Available Distribution Amount for such Distribution Date over (y) the sum for such Distribution Date of (A) the aggregate Accrued Certificate Interest for the Offered Certificates for such Distribution Date, (B) the aggregate unpaid Accrued Certificate Interest for the Class A-1 Certificates for such Distribution Date and (C) the Principal Remittance Amount.
Sample 1
Net Monthly Excess Cash Flow. For any Distribution Date, the sum of the Net Monthly Excess Interest Amount as determined pursuant to Section 4.01(c)(v) and the Net Monthly Excess Principal Amount for such Distribution Date as determined pursuant to Section 4.01(d)(v), 4.01(e)(v) or 4.01(f)(v). Net Monthly Excess Cash Flow shall be allocated on each Distribution Date in accordance with the priorities set forth in Section 4.01(g).
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Net Monthly Excess Cash Flow. For any Payment Date, the sum of the Net Monthly Excess Interest Amount as determined pursuant to Section 3.05(b)(vi) of the Indenture and the Net Monthly Excess Principal Amount for such Payment Date as determined pursuant to Section 3.05(c)(vi) or 3.05(d)(vi) of the Indenture. Net Monthly Excess Cash Flow shall be allocated on each Payment Date in accordance with the priorities set forth in Section 3.05(e) of the Indenture.
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Net Monthly Excess Cash Flow. With respect to any Payment Date, the Group I Net Monthly Excess Cashflow or Group II Net Monthly Excess Cashflow, as applicable.
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Net Monthly Excess Cash Flow. For any Payment Date, the amount as defined in Section 3.05(b)(iv) of the Indenture.
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