Prepaid Ordinary Expenses definition

Prepaid Ordinary Expenses shall be zero for this Series.

Prepaid Ordinary Expenses. Zero (0).

Prepaid Ordinary Expenses. The amount (if any) paid by the Depositor to the Trustee on or before the Closing Date to cover Ordinary Expenses, as specified in the related Supplement.

Examples of Prepaid Ordinary Expenses in a sentence

• The Prepaid Ordinary Expenses shall be paid to the Trustee by the Depositor on or prior to the Closing Date; provided, however, in the event of an Early Termination of Certificates, the Trustee shall negotiate in good faith with the Depositor the reimbursement to the Depositor of any fees or charges previously paid to the Trustee for the years after the year in which the Early Termination occurred.

• The Prepaid Ordinary Expenses shall be paid to the Trustee by the Depositor on or prior to the Closing Date; provided, however, in the event of an Early Termination of the Certificates, the Trustee shall negotiate in good faith with the Depositor the reimbursement to the Depositor of any fees or charges previously paid to the Trustee for the years after the year in which the Early Termination occurred.

• The Prepaid Ordinary Expenses shall be paid to the Trustee by the Depositor on or prior to the Closing Date; provided, however, in the event of an Early Termination of a Class of Certificates, the Trustee shall negotiate in good faith with the Depositor the reimbursement to the Depositor of any fees or charges previously paid to the Trustee for the years after the year in which the Early Termination occurred.

More Definitions of Prepaid Ordinary Expenses

Prepaid Ordinary Expenses. Unless otherwise specified in the Series Supplement, the amount (if any) paid by the Depositor to the Trustee on or before the Closing Date to cover Ordinary Expenses, as specified in the related Series Supplement.

Prepaid Ordinary Expenses shall be $[ ] for this Series.

Prepaid Ordinary Expenses. Unless otherwise specified in the Series Supplement, the amount (if any) paid by the Depositor to the Trustee on or before the related Issue Date to cover Ordinary Expenses, as specified in the related Series Supplement.

Prepaid Ordinary Expenses means: [specify if different than Standard Terms]]

Prepaid Ordinary Expenses shall be $4,200 for this Series.

Prepaid Ordinary Expenses shall be $13,600 for this Series.

Prepaid Ordinary Expenses shall be zero for this Series. "Prospectus Supplement" shall mean the Prospectus Supplement, dated March 20, 2002, relating to the Certificates. "Rating Agency" shall mean Xxxxx'x Investors Service, Inc. "Record Date" shall mean, with respect to each Distribution Date, the day immediately preceding the related Distribution Date. "Required Percentage--Amendment" shall be 66-2/3% of the aggregate Voting Rights. "Required Percentage--Direction of Trustee" shall be 66-2/3% of the aggregate Voting Rights. "Required Percentage--Remedies" shall be 66-2/3% of the aggregate Voting Rights. "Required Percentage--Removal" shall be 66-2/3% of the aggregate Voting Rights. "Required Rating" shall mean the rating assigned to the Bonds by the Rating Agency as of the Closing Date. "Scheduled Distribution Date" shall mean November 1, 2025, or, if such day is not a Business Day, the next succeeding Business Day. 3 <PAGE> "Series" shall mean Series 2002-TVA-1. "Special Distribution Date" shall have the meaning specified in Section 5 hereof. "Trustee Fee" shall mean the amount paid to the Trustee by the Depositor on the Closing Date. "Trust Property" shall mean the Underlying Securities described on Schedule I hereto and the Certificate Account. "Underlying Securities" shall mean strips representing the principal amount payable upon maturity of $500,000,000 Tennessee Valley Authority 6 3/4% Global Power Bonds 1995 Series E due November 1, 2025, issued by the Underlying Securities Issuer, as set forth in Schedule I hereto (subject to Section 3(d) hereof). "Underlying Securities Issuer" shall mean the Tennessee Valley Authority. "Underwriter" shall mean Xxxxxx Brothers Inc. "Voting Rights" shall, in the entirety, be allocated among all Certificateholders in proportion to the then unpaid principal amounts of their respective Certificates. "Warrant Agent" shall mean initially, U.S. Bank Trust National Association. "Warrant Agent Agreement" shall mean that certain Warrant Agent Agreement, dated as of the date hereof, between the Depositor and U.S. Bank Trust National Association, as Warrant Agent and as Trustee, as the same may be amended from time to time. "Warrant Holder" shall mean the holder of a Call Warrant. (b) The terms listed below are not applicable to this Series. "Accounting Date" "Administrative Fees" "Advance" "Allowable Expense Amounts" "Basic Documents" "Calculation Agent" "Call Premium Percentage" "Class" 4 <PAGE> "Collection Period" "Credit Support" "Credit Support...