Common use of Prefunding Termination Date Clause in Contracts

Prefunding Termination Date. Any amounts on deposit in the Capitalized Interest Account on the Payment Date on or immediately following the Prefunding Termination Date (after giving effect to all required transfers from the Capitalized Interest Account to the Collection Account on such Payment Date) shall be withdrawn and paid to the Certificate Distribution Account for distribution in accordance with the Trust Agreement.

Appears in 12 contracts

Samples: Indenture (BBX Capital Corp), Indenture (BFC Financial Corp), Indenture (BBX Capital Corp)

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Prefunding Termination Date. Any amounts on deposit in the Capitalized Interest Account on the Payment Date on or immediately following the Prefunding Termination Date (after giving effect to all required transfers from the Capitalized Interest Account to the Collection Account on such Payment Date) shall be withdrawn and paid deposited to the Certificate Distribution Collection Account for distribution in accordance with the Trust Agreementand constitute part of Available Funds on such Payment Date.

Appears in 2 contracts

Samples: Indenture (BBX Capital Corp), Indenture (Bluegreen Vacations Corp)

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Prefunding Termination Date. Any amounts on deposit in the Capitalized Interest Account on the Payment Date on or immediately following the Prefunding Termination Date (after giving effect to all required transfers from the Capitalized Interest Account to the Collection Account on such Payment Date) shall be withdrawn and paid to the Certificate Distribution Account Owner Trustee for distribution in accordance with the Trust Agreement.

Appears in 1 contract

Samples: Indenture (Bluegreen Corp)

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