Remittance Amount Definition: 190 Samples | Law Insider

Define Remittance Amount. For each distribution date that a Master Servicer is required to make a distribution to a Companion Loan Holder pursuant to ... RemittanceAmountdefinitionFilter&SearchDefinition:RemittanceAmountContractTypeJurisdictionCountryIncludeKeywordsExcludeKeywordsAdditionalfiltersareavailableinsearchOpenSearchRelatedDefinitionsInterestRemittanceAmountGroupIInterestRemittanceAmountGroupIIInterestRemittanceAmountSellerRemittanceAmountPrincipalRemittanceAmountOptimalInterestRemittanceAmountGroupIPrincipalRemittanceAmountGroupIIPrincipalRemittanceAmountMasterServicerRemittanceAmountRemittancePeriodDistributionAmountMonthlyRemittanceAmountServicedWholeLoanRemittanceAmountGain-on-SaleRemittanceAmountP&IAdvanceAmountRemittanceDateMasterServicerPrepaymentChargePaymentAmountServicedLoanCombinationRemittanceAmountServicerPrepaymentChargePaymentAmountUnscheduledPrincipalDistributionAmountLoanGroup1PrincipalDistributionAmountInitialOvercollateralizationAmountREMICIIOvercollateralizationAmountSpecifiedOvercollateralizationAmountBalanceAmountRemoveAdvertisingOpenSplitViewShareCiteRemittanceAmount. ForeachdistributiondatethataMasterServicerisrequiredtomakeadistributiontoaCompanionLoanHolderpursuanttoSection3.05(h),theamountsreceivedbytheMasterServicer(or,withrespecttoaServicedREOProperty,theSpecialServicer)duringtherelatedCollectionPeriodpursuanttotheCo-LenderAgreementandavailableforpaymentafterwithdrawalsfromtheCollectionAccountpayabletotheCompanionLoanHolder(s)pursuanttotheCo-LenderAgreement.Sample1Sample2Sample3Basedon58documents58SaveCopyRemoveAdvertisingRemittanceAmount meansthefundsdenominatedinSingaporeDollarsorUnitedStatedDollarswhichistobedebitedfromtheCustomer'sAccount(s)andconvertedintothespecifiedForeignAmount.Sample1Sample2Sample3Basedon20documents20SaveCopyRemittanceAmount. WithrespecttoanyRemittanceDateandrelatedDistributionDate,thesumofthefollowingamounts:Sample1Sample2Sample3Basedon16documents16SaveCopyExamplesofRemittanceAmountinasentenceTheCustomeragreesthattheBankshallbeentitledtoearmarktheRemittanceAmountinrespectofallRemittanceRequestsproposedtobeeffectedonorinrespectoftheAccountforthepurposeofcreditingtheBeneficiary'sBankAccountwithinsuchperiodasmaybeprovidedbytheBankfromtimetotimeandsuchperiodmayvarydependingonthedestinationoftheremittance.WithoutprejudicetotheCall&RemitTermsherein,intheeventthattheForeignAmountisnotreceivedbytheBeneficiary,whateverthereason,anyliabilityoftheBankwillbeconditionaluponitsreceiptofconfirmationfromitsbranch,correspondent,agentorsub-agent,intermediarybanksorotherfinancialinstitutionsofthefailedremittanceabroadandshallbelimitedtorefundingtheRemittanceAmount.TheRemittanceAmountshallbeconvertedintotheequivalentForeignAmountatsuchexchangerateasdeterminedbytheBankfromtimetotime.TheCustomerirrevocablyandunconditionallyauthorizestheBanktowithdrawtheRemittanceAmounttogetherwiththeapplicableRatesandCharges,fromtheCustomer'sAccount(s)onthedateoftheRemittanceTransactiononwhichtherelevantRemittanceRequestisprocessedbytheBankorsuchotherdayastheBankmaydetermineinaccordancewithitsusualstandardprocedures.TheBankshallnotbeobligedtocarryoutanyRemittanceRequestunlessanduntiltheCustomer'sAccount(s)hassufficientfundstopaytherelevantamountoftheRemittanceAmounttogetherwiththeRatesandCharges,andanyotherfeeorchargeimposedbytheBankinconnectionwiththeRemittanceTransaction.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);Sample1Sample2Sample3Basedon8documents8SaveCopyRemoveAdvertisingRemittanceAmount meansthemonetaryamount,inCanadiandollars,submittedbythePayorinpaymentofanInvoice,transferoffundsoranyotherpaymentowedbythePayortotheCorporateCreditor.Sample1Sample2Sample3Basedon4documents4SaveCopyRemittanceAmount meanstheSpecifiedPercentage,theFutureReceiptsandthePeriodicReceiptsofeachSellerindividually;andSample1Sample2Sample3Basedon4documents4SaveCopyRemittanceAmount means,inrespectofaRemittanceserviceTransaction,theamountinSingaporeDollars,asspecifiedbyaCustomertoberemittedtotherelevantBeneficiarywhenmakingaTransactionRequest(priortoanyconversionofsuchamount).Sample1Sample2Basedon3documents3SaveCopy