Distributions Prior to the Revolving Period End Date Sample Clauses

Distributions Prior to the Revolving Period End Date. Prior to the Revolving Period End Date, based on information supplied to the Administrative Agent by the Servicer in the related Monthly Report and delivered to the Administrative Agent at least two Business Days prior to the Settlement Date, the Available Funds for each Settlement Date on deposit in the Collection Account on such Settlement Date shall be disbursed by the Administrative Agent from the Collection Account and applied on such Settlement Date in the following order of priority: first, to the Collateral Agent, any accrued Collateral Agent Fees, expenses and indemnity amounts due to the Collateral Agent; second, to the Account Bank, any accrued Account Bank Fees, expenses and indemnity amounts due to the Account Bank pursuant to the Account Control Agreement or any related agreement; provided that, amounts paid pursuant to this clause second shall not, in the aggregate, exceed $10,000 in any calendar year; third, (A) pro rata (i) to the Back-Up Servicer (to the extent not paid by the Servicer), any accrued fees due to the Back-Up Servicer as provided in the Back-Up Servicing Agreement, (ii) to the Trustee, any accrued fees due to the Trustee as provided in the Trust Agreement, and (iii) to the Servicer, an amount sufficient to pay the Servicer the Senior Servicing Compensation with respect to the preceding Collection Period less any portion of such Senior Servicing Compensation previously netted against the applicable Collections; provided, to the extent the Available Funds on deposit in the Collection Account on the applicable Settlement Date are insufficient to cover all fees, expenses and/or indemnity amounts payable pursuant to clauses first through third, the Servicer shall remit, in immediately available funds, to the Administrative Agent within one (1) Business Day any of such Servicing Compensation netted against Collections for prompt disbursement by the Administrative Agent in accordance with this Section 3.03(a); and (B) pro rata (i) to the Back-Up Servicer (to the extent not paid by the Servicer), any accrued amounts (other than fees paid pursuant to clause (A)) due to the Back-Up Servicer as provided in the Back-Up Servicing Agreement; provided that, amounts paid pursuant to this clause (i) (together with amounts paid pursuant to clause (B)(i) of clause third of Section 3.03(b)) shall not, in the aggregate, exceed the Back-Up Servicer Cap in any calendar year, (ii) to the Trustee, any accrued amounts (other than fees paid pursuant t...
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Related to Distributions Prior to the Revolving Period End Date

  • Allocations During the Revolving Period During the Revolving Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders or the Holder of the Seller Interest and pay or deposit from the Collection Account the following amounts as set forth below:

  • Actions Prior to the Distribution Prior to the Effective Time and subject to the terms and conditions set forth herein, the Parties shall take, or cause to be taken, the following actions in connection with the Distribution:

  • Puts Prior to the Settlement Date During the period from the Bank Closing Date to and including the Business Day immediately preceding the Settlement Date, the Assuming Bank shall be entitled to require the Receiver to purchase any Asset which the Assuming Bank can establish is evidenced by forged or stolen instruments as of the Bank Closing Date; provided, that, the Assuming Bank shall not have the right to require the Receiver to purchase any such Asset with respect to which the Assuming Bank has taken any action referred to in Section 3.4(a)(ii) with respect to such Asset. The Assuming Bank shall transfer all such Assets to the Receiver without recourse, and shall indemnify the Receiver against any and all claims of any Person claiming by, through or under the Assuming Bank with respect to any such Asset, as provided in Section 12.4.

  • Allocations During Period of Liquidation During the period commencing on the first day of the Fiscal Year during which a Dissolution Event occurs and ending on the date on which all of the assets of the Company have been distributed to the Unit Holders pursuant to Section 10.2 of this Agreement (the “Liquidation Period”), the Unit Holders shall continue to share Profits, Losses, gain, loss and other items of Company income, gain, loss or deduction in the manner provided in Article III of this Agreement.

  • Revolving Period The Revolving Period shall not have ended;

  • Funding Period The Funding Period, if any, shall not have terminated.

  • Allocations During the Rapid Amortization Period During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders and pay or deposit from the Collection Account the following amounts as set forth below:

  • Tax Periods Ending on or Before the Closing Date Buyer shall prepare or cause to be prepared and file or cause to be filed all Tax Returns for the Company and the Company Subsidiary for all periods ending on or prior to the Closing Date which are required to be filed (taking into account all extensions properly obtained) after the Closing Date.

  • Conversion Rate Adjustments where Converting Holders Participate in the Relevant Transaction or Event Notwithstanding anything to the contrary in this Indenture or the Notes, if:

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

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