Legal Maturity Sample Clauses

Legal Maturity. The Series [•] Notes shall be considered to be paid in full, the Holders of such Series [•] Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series [•] Notes on the earliest to occur of (i) the date on which the Outstanding Dollar Principal Amount with respect to Series [•], and all Monthly Interest on such Series [•] Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 7.08 of the Indenture and Section 4.14, and (iii) the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made in connection therewith.
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Legal Maturity. The Series 2007-2 Notes shall be considered to be paid in full, the Holders of such Series 2007-2 Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series 2007-2 Notes on the earliest to occur of (i) the date on which the Series 2007-2 Stated Principal Amount, and all Monthly Interest on such Series 2007-2 Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 4.16 and (iii) the seventh Business Day following the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made on such date.
Sample 1See All (6)
Legal Maturity. The Series 201[_]-[_] Notes shall be considered to be paid in full, the Holders of such Series 201[_]-[_] Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series 201[_]-[_] Notes on the earliest to occur of (i) the date on which the Series 201[_]-[_] Stated Principal Amount, and all Monthly Interest on such Series 201[_]-[_] Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 4.16 and (iii) the seventh Business Day following the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made on such date.
Sample 1See All (4)
Legal Maturity. The Series 201[ ]-[ ] Notes shall be considered to be paid in full, the Holders of such Series 201[ ]-[ ] Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series 201[ ]-[ ] Notes on the earliest to occur of (i) the date on which the Series 201[ ]-[ ] Stated Principal Amount, and all Monthly Interest on such Series 201[ ]-[ ] Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 4.16 and (iii) the seventh Business Day following the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made on such date.
Sample 1
Legal Maturity. The Series 2005-[__] Notes shall be considered to be paid in full, the Holders of such Series 2005-[__] Notes shall have no further right or claim, and the Issuer shall have no further obligation or liability with respect to such Series 2005-[__] Notes on the earliest to occur of (i) the date on which the Series 2005-[__] Stated Principal Amount, and all Monthly Interest on such Series 2005-[__] Notes, is paid in full, (ii) the date on which Collateral is sold and the proceeds in respect thereof applied in accordance with Section 4.16 and (iii) the seventh Business Day following the Legal Maturity Date, in each case after giving effect to all deposits, allocations, reimbursements, reallocations, sales of Collateral and payments to be made on such date. [END OF ARTICLE VI]
Sample 1

Related to Legal Maturity

  • Final Maturity The Stated Maturity Date for any Note will be the date so specified in the Supplement, which shall be no later than 397 days from the date of issuance. On its Stated Maturity Date, or any date prior to the Stated Maturity Date on which the particular Note becomes due and payable by the declaration of acceleration, each such date being referred to as a Maturity Date, the principal amount of each Note, together with accrued and unpaid interest thereon, will be immediately due and payable.

  • Final Maturity Date 16 Fitch.........................................................................................16

  • Stated Maturity 10 Subsidiary.....................................................................................10

  • Post-Maturity Rates After the date any principal amount of any Loan is due and payable (whether on the Revolving Commitment Termination Date, upon acceleration or otherwise), or after any other monetary Obligation of the Borrower shall have become due and payable, the Borrower shall pay, but only to the extent permitted by law, interest (after as well as before judgment) on such amounts at a rate per annum equal to the Base Rate plus a margin of 2.00%.

  • Payment on Maturity Date Borrower shall pay to Lender on the Maturity Date the outstanding principal balance of the Loan, all accrued and unpaid interest and all other amounts due hereunder and under the Note, the Mortgage and the other Loan Documents.

  • Extension of Maturity Should any payment of principal of or interest or any other amount due hereunder become due and payable on a day other than a Business Day, the maturity thereof shall be extended to the next succeeding Business Day and, in the case of principal, interest shall be payable thereon at the rate herein specified during such extension.

  • Maturity As provided therein, the entire unpaid principal balance of each Note shall be due and payable on the Maturity Date thereof.

  • Constant Maturity Swap Rate Notes If the Interest Rate Basis is the Constant Maturity Swap Rate, this Note shall be deemed a “Constant Maturity Swap Rate Note.” Unless otherwise specified on the face hereof, “Constant Maturity Swap Rate” means: (1) the rate for U.S. dollar swaps with the designated maturity specified in the applicable pricing supplement, expressed as a percentage, which appears on the Reuters Screen (or any successor service) ISDAFIX1 Page as of 11:00 A.M., New York City time, on the particular Interest Determination Date; or (2) if the rate referred to in clause (1) does not appear on the Reuters Screen (or any successor service) ISDAFIX1 Page by 2:00 P.M., New York City time, on such Interest Determination Date, a percentage determined on the basis of the mid-market semiannual swap rate quotations provided by the reference banks (as defined below) as of approximately 11:00 A.M., New York City time, on such Interest Determination Date, and, for this purpose, the semi-annual swap rate means the mean of the bid and offered rates for the semi-annual fixed leg, calculated on a 30/360 day count basis, of a fixed-for-floating U.S. dollar interest rate swap transaction with a term equal to the designated maturity

  • Original Terms to Maturity The original term to maturity of substantially all of the Mortgage Loans included in the Mortgage Pool shall be between 20 and 30 years.

  • Term to Maturity Each Receivable had an original term to maturity of not more than 72 months and not less than 12 months and a remaining term to maturity as of the Cutoff Date of not more than 71 months and not less than three months.

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