Substitution Date Clause Samples

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Substitution Date. With respect to Substitute Container and/or a Substitute Lease, the Business Day on which such Substitute Container and/or Substitute Lease are acquired by the Borrower in accordance with the provisions of the Loan Documents.
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Substitution Date. Paragraph 4(d)(ii) is deleted and the following substituted therefor:
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Substitution Date. 95 SECTION 14.02. Assumption.................................................95 EXHIBITS Exhibit A Form of Assignment of Receivables in Additional Accounts Exhibit B Form of Reassignment of Receivables in Removed Accounts Exhibit C Form of Annual Servicer's Certificate Exhibit E-1 Private Placement Legend Exhibit E-2 Representation Letter Exhibit E-3 ERISA Legend Exhibit F Form of Depository Agreement Exhibit G-1 Form of Certificate of Foreign Clearing Agency Exhibit G-2 Form of Alternate Certificate to be Delivered to Foreign Clearing Agency Exhibit G-3 Form of Certificate to be Delivered to Foreign Clearing Agency Exhibit H-1 Form of Opinion of Counsel with Respect to Amendments Exhibit H-2 Form of Opinion of Counsel with Respect to Accounts Exhibit H-3 Form of Annual Opinion of Counsel Schedule 1 List of Accounts (Deemed Incorporated) POOLING AND SERVICING AGREEMENT dated as of June 1, 1993, and amended and restated on February 5, 2002, among CHASE MANHATTAN BANK USA, NATIONAL ASSOCIATION, a banking corporation organized and existing under the laws of the United States ("Chase USA"; in its capacity as Servicer hereunder, the "Servicer"); CARD ACQUISITION FUNDING LLC, a Delaware limited liability company ("LLC" and, after the Substitution Date, "Transferor"); CHASE USA in its capacity as Transferor hereunder prior to the Subsitution Date, and BANKERS TRUST COMPANY, a New York banking corporation not in its individual capacity, but solely as Trustee ("Trustee").
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Substitution Date. This amendment and restatement of this Agreement shall become effective upon the satisfaction of the following conditions (the effective date, the "Substitution Date"): (a) Chase USA shall have contributed or sold the Transferor Interest to LLC; (b) The relevant conditions to this amendment set forth in Section 13.01(a) shall have been satisfied. (c) UCC financing statements naming LLC as debtor and the Trustee as secured party shall have been filed in accordance with Section 13.02. (d) The Receivables Purchase Agreement shall have been executed and delivered by the parties thereto and shall be in full force and effect and all conditions to the initial sale of Receivables thereunder shall have been satisfied. (e) This amendment shall have been executed and delivered by the parties hereto. (f) Chase USA shall have delivered to the Trustee an Officer's Certificate confirming the items set forth in clauses (a) through (d) above. The Trustee may conclusively rely on such Officer's Certificate, shall have no duty to make inquiries with regard to the matters set forth therein and shall incur no liability in so relying.
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Substitution Date. The date on which a Substitution Loan is transferred pursuant to Section 2.13 of the Pooling and Servicing Agreement.
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Substitution Date. 10 Taxes....................................................................... 7 Tenant...................................................................... 1
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Related to Substitution Date

  • Substitution of Bank If (i) the obligation of any Bank to make Euro-Dollar Loans has been suspended pursuant to Section 8.02 or (ii) any Bank has demanded compensation under Section 8.03 or 8.04, the Company shall have the right, with the assistance of the Agent, to seek a mutually satisfactory substitute bank or banks (which may be one or more of the Banks) to purchase the Note and assume the Commitment of such Bank, which agrees in such event to sell its Note and transfer its Commitment.

  • Substitution of Banks 13 3.8. Survival.............................................................14

  • Substitution of Equipment In the event the Computer is inoperable, ASL has a limited number of spare laptops for use while the Computer is being repaired or replaced. This agreement remains in effect for such a substitute. The Student may NOT opt to keep a broken Computer or to avoid using the Computer due to loss or damage.

  • Substitution of Mortgage Loans Notwithstanding anything to the contrary in this Agreement, in lieu of purchasing a Mortgage Loan pursuant to the Mortgage Loan Purchase Agreement or Sections 2.02 or 2.03 of this Agreement, the Seller may, no later than the date by which such purchase by the Seller would otherwise be required, tender to the Trustee a Substitute Mortgage Loan accompanied by a certificate of an authorized officer of the Seller that such Substitute Mortgage Loan conforms to the requirements set forth in the definition of "Substitute Mortgage Loan" in this Agreement; provided, however, that substitution pursuant to the Mortgage Loan Purchase Agreement or Section 2.04 of this Agreement, as applicable, in lieu of purchase shall not be permitted after the termination of the two-year period beginning on the Startup Day; provided, further, that if the breach would cause the Mortgage Loan to be other than a "qualified mortgage" as defined in Section 860G(a)(3) of the Code, any such cure or substitution must occur within 90 days from the date the breach was discovered. The Custodian, as agent for the Trustee, shall examine the Mortgage File for any Substitute Mortgage Loan in the manner set forth in Section 2.02(a) and the Trustee or the Custodian, as its agent, shall notify the Seller, in writing, within five Business Days after receipt, whether or not the documents relating to the Substitute Mortgage Loan satisfy the requirements of the fifth sentence of Subsection 2.02(a). Within two Business Days after such notification, the Seller shall provide to the Trustee for deposit in the Distribution Account the amount, if any, by which the Outstanding Principal Balance as of the next preceding Due Date of the Mortgage Loan for which substitution is being made, after giving effect to the Scheduled Principal due on such date, exceeds the Outstanding Principal Balance as of such date of the Substitute Mortgage Loan, after giving effect to Scheduled Principal due on such date, which amount shall be treated for the purposes of this Agreement as if it were the payment by the Seller of the Repurchase Price for the purchase of a Mortgage Loan by the Seller. After such notification to the Seller and, if any such excess exists, upon receipt of such deposit, the Trustee shall accept such Substitute Mortgage Loan which shall thereafter be deemed to be a Mortgage Loan hereunder. In the event of such a substitution, accrued interest on the Substitute Mortgage Loan for the month in which the substitution occurs and any Principal Prepayments made thereon during such month shall be the property of the Trust Fund and accrued interest for such month on the Mortgage Loan for which the substitution is made and any Principal Prepayments made thereon during such month shall be the property of the Seller. The Scheduled Principal on a Substitute Mortgage Loan due on the Due Date in the month of substitution shall be the property of the Seller and the Scheduled Principal on the Mortgage Loan for which the substitution is made due on such Due Date shall be the property of the Trust Fund. Upon acceptance of the Substitute Mortgage Loan (and delivery to the Custodian of a Request for Release for such Mortgage Loan), the Custodian, as agent for the Trustee, shall release to the Seller the related Mortgage File related to any Mortgage Loan released pursuant to the Mortgage Loan Purchase Agreement or Section 2.04 of this Agreement, as applicable, and shall execute and deliver all instruments of transfer or assignment, without recourse, representation or warranty in form as provided to it as are necessary to vest in the Seller title to and rights under any Mortgage Loan released pursuant to the Mortgage Loan Purchase Agreement or Section 2.04 of this Agreement, as applicable. The Seller shall deliver to the Custodian the documents related to the Substitute Mortgage Loan in accordance with the provisions of the Mortgage Loan Purchase Agreement or Subsections 2.01(b) and 2.02(b) of this Agreement, as applicable, with the date of acceptance of the Substitute Mortgage Loan deemed to be the Closing Date for purposes of the time periods set forth in those Subsections. The representations and warranties set forth in the Mortgage Loan Purchase Agreement shall be deemed to have been made by the Seller with respect to each Substitute Mortgage Loan as of the date of acceptance of such Mortgage Loan by the Trustee. The Master Servicer shall amend the Mortgage Loan Schedule to reflect such substitution and shall provide a copy of such amended Mortgage Loan Schedule to the Trustee and the Rating Agencies.

  • Distribution Date 13 DTC...........................................................................................13