Remittance Amount Definition: 192 Samples | Law Insider

Remittance Amount means the funds denominated in Singapore Dollars or United Stated Dollars which is to be debited from the Customer's Account(s) and converted ... RemittanceAmountdefinitionFilter&SearchDefinition:RemittanceAmountContractTypeJurisdictionCountryIncludeKeywordsExcludeKeywordsAdditionalfiltersareavailableinsearchOpenSearchRelatedDefinitionsInterestRemittanceAmountGroupIInterestRemittanceAmountGroupIIInterestRemittanceAmountSellerRemittanceAmountPrincipalRemittanceAmountOptimalInterestRemittanceAmountGroupIPrincipalRemittanceAmountGroupIIPrincipalRemittanceAmountMasterServicerRemittanceAmountRemittancePeriodDistributionAmountMonthlyRemittanceAmountServicedWholeLoanRemittanceAmountGain-on-SaleRemittanceAmountP&IAdvanceAmountRemittanceDateMasterServicerPrepaymentChargePaymentAmountServicedLoanCombinationRemittanceAmountServicerPrepaymentChargePaymentAmountUnscheduledPrincipalDistributionAmountLoanGroup1PrincipalDistributionAmountInitialOvercollateralizationAmountREMICIIOvercollateralizationAmountSpecifiedOvercollateralizationAmountBalanceAmountOpenSplitViewShareCiteRemittanceAmount. ForeachdistributiondatethataMasterServicerisrequiredtomakeadistributiontoaCompanionLoanHolderpursuanttoSection3.05(h),theamountsreceivedbytheMasterServicer(or,withrespecttoaServicedREOProperty,theSpecialServicer)duringtherelatedCollectionPeriodpursuanttotheCo-LenderAgreementandavailableforpaymentafterwithdrawalsfromtheCollectionAccountpayabletotheCompanionLoanHolder(s)pursuanttotheCo-LenderAgreement.Sample1Sample2Sample3Basedon58documents58SaveCopyRemittanceAmount meansthefundsdenominatedinSingaporeDollarsorUnitedStatedDollarswhichistobedebitedfromtheCustomer'sAccount(s)andconvertedintothespecifiedForeignAmount.Sample1Sample2Sample3Basedon21documents21SaveCopyRemittanceAmount. WithrespecttoanyRemittanceDateandrelatedDistributionDate,thesumofthefollowingamounts:Sample1Sample2Sample3Basedon16documents16SaveCopyExamplesofRemittanceAmountinasentenceIftherelatedInterestRemittanceAmountisinsufficient,additionalamountswillreducetheremainingInterestRemittanceAmountsoftheothersubgroupsaftergivingeffecttotheforegoingallocations.TheBankshallnotbeobligedtocarryoutanyRemittanceRequestunlessanduntiltheCustomer'sAccount(s)hassufficientfundstopaytherelevantamountoftheRemittanceAmounttogetherwiththeRatesandCharges,andanyotherfeeorchargeimposedbytheBankinconnectionwiththeRemittanceTransaction.ReductionsintheSubgroup1InterestRemittanceAmountwillbeappliedtotheClassA1andClassA1ACertificates,prorata,basedontheamountofinterestduetoeachsuchclass.ReductionsintheSubgroup2InterestRemittanceAmountwillbeappliedtotheClassA2Certificates.TheRemittanceAmountshallbeconvertedintotheequivalentForeignAmountatsuchexchangerateasdeterminedbytheBankfromtimetotime.TheCustomerirrevocablyandunconditionallyauthorizestheBanktowithdrawtheRemittanceAmounttogetherwiththeapplicableRatesandCharges,fromtheCustomer’sAccount(s)onthedateoftheRemittanceTransactiononwhichtherelevantRemittanceRequestisprocessedbytheBankorsuchotherdayastheBankmaydetermineinaccordancewithitsusualstandardprocedures.MoreDefinitionsofRemittanceAmountRemittanceAmount shallhavethemeaningprovidedinSection2.05(d)hereof.Sample1Sample2Sample3Basedon16documents16SaveCopyRemittanceAmount. WithrespecttoanyRemittanceDate,anamountequalto,subjecttoSection1.02,(i)thePrincipalRemittanceAmount(ifany)forsuchRemittanceDate,plus(ii)theAccruedInterestforsuchRemittanceDate,minus(iii)anyamountspayabletotheCompanypursuanttoSection3.07thatarenottakenintoaccountintheadjustmentofAccruedInterestpursuanttoSection1.02.Sample1Sample2Sample3Basedon11documents11SaveCopyRemittanceAmount meanstheamountthatSellershalldelivertoBuyerattheendofeachRemittancePeriodaspartofthePurchasedAmount.TheinitialRemittanceAmountistheamountfirstdescribedabove.ThepartiesagreethattheinitialRemittanceAmountisagoodfaithapproximationoftheSpecifiedPercentageofSeller’sFutureReceiptsduringthefirstRemittancePeriod,basedupontheinformationprovidedbySellertoBuyerconcerningSeller’smostrecentaccountsreceivables,includingrepresentationsbytheSellertoBuyerregardingtheSeller’sestimatedFutureReceipts.TheRemittanceAmountissubjecttoSeller’srightofadjustment/reconciliationsetforthinthisAgreement.Sample1Sample2Sample3Basedon9documents9SaveCopyRemittanceAmount meansNETPROCEEDSmultipliedbyoneminustheDiscount((1–0.30)or0.70);Sample1Sample2Sample3Basedon8documents8SaveCopyRemittanceAmount meansthemonetaryamount,inCanadiandollars,submittedbythePayorinpaymentofanInvoice,transferoffundsoranyotherpaymentowedbythePayortotheCorporateCreditor.Sample1Sample2Sample3Basedon4documents4SaveCopyRemittanceAmount meanstheSpecifiedPercentage,theFutureReceiptsandthePeriodicReceiptsofeachSellerindividually;andSample1Sample2Sample3Basedon4documents4SaveCopyRemittanceAmount meanstheaggregateamountinBaseCurrencytobepaidSample1Sample2Sample3Basedon3documents3SaveCopy