Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence at the beginning of business on the Controlled Accumulation Date. On each Determination Date until the Controlled Accumulation Date, the Issuer shall review the amount of expected Principal Collections and determine the Controlled Accumulation Period Length; provided, that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date is less than or more than the number of months in the scheduled Controlled Accumulation Period, upon written notice to the Indenture Trustee, with a copy to each Rating Agency, the Issuer shall either postpone or accelerate, as applicable, the Controlled Accumulation Date, so that as a result, the number of Monthly Periods in the Controlled Accumulation Period will equal the Controlled Accumulation Period Length; provided, that the length of the Controlled Accumulation Period will not be less than one (1) month. The “Controlled Accumulation Period Length” will mean a number of whole months such that the amount available for payment of principal on the Notes and the reduction of the Principal Overcollateralization Amount on the Expected Principal Payment Date is expected to equal or exceed the Note Principal Balance plus the Principal Overcollateralization Amount, assuming for this purpose that (1) the weighted average principal payment rate on the Receivables held by the Issuer will be no greater than the lowest weighted average monthly principal payment rate for the Receivables held by the Issuer for the prior twelve (12) Monthly Periods, (2) the total amount of Principal Receivables held by the Issuer in the Trust (and the principal amount on deposit in the Excess Funding Account, if any) remains constant at the level on such date of determination, (3) no Early Amortization Event with respect to any Series will subsequently occur and (4) no additional Series (other than any Series being issued on such date of determination) will be subsequently issued by the Issuer. Any notice by the Issuer modifying the commencement of the Controlled Accumulation Period pursuant to this Section 4.12 shall specify (i) the Controlled Accumulation Period Length and (ii) the commencement date of the Controlled Accumulation Period.
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to start on the first day of the March 2022 Collection Period. However, if the Accumulation Period Length is less than six Collection Periods, the date the Controlled Accumulation Period actually starts will be delayed to the first day of the Collection Period that is the number of Collection Periods before the Expected Final Payment Date at least equal to the Accumulation Period Length. On or before each Determination Date starting with the Determination Date in the February 2022 Collection Period and ending when the Controlled Accumulation Period starts, the Servicer will determine the “Accumulation Period Length.”
Controlled Accumulation Period. Principal Collections Allocated to Series According to Section 4.3(b)(ii)(y) of Indenture Supplement $ [•] Available Principal Collections treated as Shared Principal Collections $ [•]
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence at the beginning of business on February 1, 2021, provided that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date on or after the October 2020 Determination Date is less than 12 months, upon written
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence on the first business day of business on June 2009 PROVIDED, HOWEVER, that, if the Controlled Accumulation Period Length (determined as described in this Clause 5.05(g) below) is less than 18 months, the date on which the Controlled Accumulation Period actually commences may be delayed to the first Business Day of the month that is the number of months prior to the Series 2005-B Scheduled Redemption Date at least equal to the Controlled Accumulation Period Length and, as a result, the number of Monthly Periods in the Controlled Accumulation Period will at least equal the Controlled Accumulation Period Length. However, the Controlled Accumulation Period will, in any event, begin no later than the first business day of November 2010. On the Determination Date immediately preceding the Distribution Date falling in June 2009 and on each Determination Date thereafter until the Controlled Accumulation Period begins, the Trust Cash Manager will determine the "CONTROLLED ACCUMULATION PERIOD LENGTH" which will equal the number of months such that the sum of the Controlled Accumulation Period Factors for each month during such period will be equal to or greater than the Required Accumulation Factor Number; PROVIDED, HOWEVER, that the Controlled Accumulation Period Length will not be less than one month and Provided further that the Controlled Accumulation Period Length shall equal the number of months such that the product of the Controlled Accumulation Period Length and the Controlled Deposit Amount taking into consideration the Maximum Controlled Deposit Amount would be equal to or greater than the Initial Investor Interest.
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence at the beginning of business on July 1, 2026, provided that if the
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence at the beginning of business on October 1, 2009; provided that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date on or after the September 2009 Determination Date is less than 9 months, upon written notice to the Indenture Trustee, Transferor and, each Rating Agency, Servicer shall postpone the date on which the Controlled Accumulation Period actually commences so that the number of Monthly Periods in the Controlled Accumulation Period will equal the Controlled Accumulation Period Length; provided that (i) the length of the Controlled Accumulation Period will not be less than one month, (ii) such determination of the Controlled Accumulation Period Length shall be made on each Determination Date on and after the September 2009 Determination Date but prior to the commencement of the Controlled Accumulation Period, and any postponement of the Controlled Accumulation Period shall be subject to the subsequent lengthening of the Controlled Accumulation Period to the Controlled Accumulation Period Length determined on any subsequent Determination Date, but the Controlled Accumulation Period shall in no event commence prior to the Controlled Accumulation Date, and (iii) notwithstanding any other provision of this Indenture Supplement to the contrary, no postponement of the Controlled
Controlled Accumulation Period. 24 Section 4.15 Suspension of Controlled Accumulation Period.................................. 25 Section 4.16 Insurance Policies............................................................ 27 Section 4.17 Swap.......................................................................... 27
Controlled Accumulation Period. Subject to Section 3.07(b), with respect to each Payment Date relating to the Accumulation Period (including, without limitation, the Series 2005-C Expected Principal Payment Date), the targeted deposit to be made into the Principal Funding Account shall be the Controlled Deposit Amount for such Payment Date.
Controlled Accumulation Period. The Controlled Accumulation Period is scheduled to commence at the beginning of business on April 1, 2026, provided that if the Controlled Accumulation Period Length (determined as described below) on any Determination Date on or after the December 2025 Determination Date is less than 12 months, upon written notice to the Indenture Trustee, Transferor and each Rating Agency, Servicer shall postpone the date on which the Controlled Accumulation Period actually commences so that the number of Monthly Periods in the Controlled Accumulation Period will equal the Controlled Accumulation Period Length; provided that (i) the length of the Controlled Accumulation Period will not be less than one month, (ii) such determination of the Controlled Accumulation Period Length shall
