Accumulation Period Amount definition

Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.
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Accumulation Period Amount means for each Monthly Period an amount equal to the product of (i) Available Expected Principal for such Monthly Period and (ii) a fraction, the numerator of which is the Initial Invested Amount and the denominator of which is the sum of (a) the Initial Invested Amount and (b) the initial invested amounts of all Variable Accumulation Series which are not in their revolving periods as of such Monthly Period; provided that, for purposes of this definition, the commencement date of the accumulation period of each Variable Accumulation Series shall be deemed to have been postponed to the latest permissible date, determined as if the provisions of Section 7.03 applied to each such Series (applying such provisions first to the Variable Accumulation Series with the latest expected final payment date and next to each Series with the next preceding expected final payment date); provided further, that a Variable Accumulation Series shall be deemed to be in its revolving period in each Monthly Period in which the sum of the expected controlled accumulation or amortization amounts for all subsequent monthly periods for such Series is equal to the initial invested amount of such Series.
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Accumulation Period Amount means for each Monthly Period, an -------------------------- amount equal to the product of (i) Available Expected Principal for such Monthly Period and (ii) a fraction, the numerator of which is the Initial Invested Amount and the denominator of which is the sum of (a) the Initial Invested Amount and (b) the invested amounts of all other Variable Accumulation Series which are not scheduled to be in their revolving periods as of such Monthly Period; provided that, for purposes of this definition, the commencement date of -------- the accumulation period of each such Variable Accumulation Series shall be deemed to have been postponed to the latest permissible date, determined as if the provisions of Section 4.03(f) applied to each such Series with such changes as may be specified with respect to such Series (applying such provisions first to the Variable Accumulation Series with the latest expected final payment date and next to each Series with the next preceding expected final payment date).
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Examples of Accumulation Period Amount in a sentence

  • On each Determination Date, the Servicer will determine the "Accumulation Period Length" which will equal the number of months such that the Accumulation Period Amount for the Monthly Period immediately preceding the Expected Final Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Monthly Period, will equal or exceed the Initial Invested Amount.

  • On each Determination Date, the Servicer will determine the "Class A Accumulation Period Length" which will equal the number of months such that the Class A Accumulation Period Amount for the Monthly Period immediately preceding the Class A Expected Final Payment Date, when aggregated with the Class A Accumulation Period Amounts for each preceding Monthly Period, will equal or exceed the Class A Initial Invested Amount.

  • On the Determination Date with respect to the June 2002 Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.

  • On the Determination Date with respect to the August 2002 Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.

  • On each Determination Date, the Servicer will determine the “Accumulation Period Length” which will equal the number of months such that the Accumulation Period Amount for the Monthly Period immediately preceding the Expected Final Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Monthly Period, will equal or exceed the Initial Invested Amount.

  • On the Determination Date with respect to the September 1999 Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.

  • On the Determination Date with respect to the October 2000 Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.

  • On the Determination Date with respect to the October 2001 Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.

  • On each Determination Date, the Servicer shall determine the "Class A Accumulation Period Length," which shall equal the number of months such that the Class A Accumulation Period Amount for the Monthly Period immediately preceding the Class A Expected Final Payment Date, when aggregated with the Class A Accumulation Period Amounts for each preceding Monthly Period, shall equal or exceed the Class A Initial Invested Amount.

  • On the Determination Date with respect to the ______________ Distribution Date, the Servicer shall determine the "Accumulation Period Length," which shall equal the number of monthly periods such that the Accumulation Period Amount for the Due Period relating to the Class A Scheduled Payment Date, when aggregated with the Accumulation Period Amounts for each preceding Due Period, shall equal or exceed the Class A Initial Invested Amount.


More Definitions of Accumulation Period Amount

Accumulation Period Amount means for each Monthly Period, an amount equal to the product of (a) Available Expected Principal for such Monthly Period and (b) a fraction, (i) the numerator of which is the Class A Initial Invested Amount plus, if applicable, the amount of any increases in the Class A Invested Amount during the Funding Period, and (ii) the denominator of which is the sum of (A) the Class A Initial Invested Amount plus, if applicable, the amount of any increases in the Class A Invested Amount during the Funding Period and (B) the invested amounts of all other Variable Accumulation Series which are not scheduled to be in their revolving periods as of such Monthly Period; provided that, for purposes of this definition, the commencement date of the accumulation period of each such Variable Accumulation Series shall be deemed to have been postponed to the latest permissible date, determined as if the provisions of Section 4.03(g) applied to each such Series with such changes as may be specified with respect to such Series (applying such provisions first 3 3
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Accumulation Period Amount means for each Monthly Period, an
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Accumulation Period Amount means $59,090,909.09; provided, however, if the Accumulation Period Length is determined to be less than eleven (11) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, as modified by this Terms Document, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement; provided further, however, that solely with respect to the Class A(2009-1) Notes, wherever the word “twelve (12)” appears in the definition of “Accumulation Period Amount” in the Indenture Supplement, it shall be replaced with the word “eleven (11)”.
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Accumulation Period Amount means, for each Monthly Period, an amount equal to the product of (a) Available Expected Principal for such Monthly Period and (b) a fraction, the numerator of which is the Accumulation Period Accreted Invested Amount and the denominator of which is the sum of (x) the Accumulation Period Accreted Invested Amount and (y) the initial invested amounts (or initial invested amounts adjusted as provided in the relevant Supplements) of all Variable Accumulation Series that are not in their revolving periods as of such Monthly Period; provided that, for purposes of this definition, the commencement date of the accumulation period of each Variable Accumulation Series shall be deemed to have been
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Accumulation Period Amount means, for any Tranche of Notes for each Monthly Period, an amount equal to the product of (i) Available Expected Principal for such Monthly Period and (ii) a fraction, the numerator of which is the highest Outstanding Dollar Principal Amount of such Tranche of Notes since the issuance of such Tranche and the denominator of which is the sum of (a) the aggregate highest Outstanding Dollar Principal Amount of all Outstanding Tranches of Notes and (b) the invested amounts of all Variable Accumulation Series of investor certificates issued by the Master Trust which are not scheduled to be in their revolving periods as of such Monthly Period; provided that, for purposes of this definition, the commencement date of the accumulation period of each such Variable Accumulation Series shall be deemed to have been postponed to the latest permissible date, determined as if the provisions of Section 3.10(b)(ii) applied to each such Series of investor certificates with such changes as may be specified with respect to such Series of investor certificates (applying such provisions first to the Variable Accumulation Series with the latest expected final payment date and next to each Series of investor certificates with the next preceding expected final payment date).
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Related to Accumulation Period Amount

  • Accumulation Period has the meaning set forth in the Indenture Supplement.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Accumulation Amount means $83,333,333.34; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Amount shall be determined in accordance with the definition of “Accumulation Amount” in the Indenture Supplement.

  • Return Accumulation Period means the period from (and including) a Periodic Distribution Date (or, in the case of the first Return Accumulation Period, the Issue Date) to (but excluding) the next (or, in the case of the first Return Accumulation Period, the first) Periodic Distribution Date;

  • Controlled Accumulation Period Factor means, for each Monthly Period, a fraction, the numerator of which is equal to the sum of the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series, and the denominator of which is equal to the sum (without duplication) of (a) the Series Invested Amount as of the last day of the prior Monthly Period, (b) the series invested amounts as of the last day of the prior Monthly Period of all outstanding Series (other than Series 2022-2) that are not expected to be in their revolving periods, and (c) the series invested amounts as of the last day of the prior Monthly Period of all other outstanding Series that are not Principal Sharing Series and are in their revolving periods.

  • Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.

  • Controlled Amortization Period means, with respect to any Series, the period, if any, specified as such in the related Supplement.

  • Remaining Amortization Period means, at any point in time, the number of consecutive calendar months equal to the number of months in the Amortization Period minus the number of scheduled monthly installments of principal and interest that have elapsed since the date of this Note.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • ACCUMULATION UNIT VALUE The Accumulation Unit Value for each Sub-Account was set initially at $10. Subsequent Accumulation Unit Values for each Sub-Account are determined by multiplying the Accumulation Unit Value for the immediately preceding Valuation Period by the Net Investment Factor for the Sub-Account for the current period.

  • Accumulation Period Length means 12 months; provided, however, if the commencement of the Accumulation Period is delayed in accordance with Section 2.11 hereof, the Accumulation Period Length shall be determined in accordance with the definition of “Accumulation Period Length” in the Indenture Supplement.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2023-A Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

  • Controlled Accumulation Period means, unless a Pay-Out Event shall have occurred prior thereto, the period commencing at the close of business on the last day of the August 2020 Monthly Period or such later date as is determined in accordance with subsection 4.03(c) and ending on the first to occur of (a) the commencement of the Early Amortization Period, (b) the payment in full of the Invested Amount and (c) the Expected Final Payment Date.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Amortization Amount means, with respect to any Principal Amount Repayment Date, the amount set forth opposite such Date on the Amortization Schedule.

  • Controlled Accumulation Period Length has the meaning specified in subsection 4.03(c).

  • Deficit Controlled Accumulation Amount means (a) on the first Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Accumulation Amount for such Distribution Date over the amount deposited in the Principal Funding Account on such Distribution Date and (b) on each subsequent Distribution Date with respect to the Controlled Accumulation Period, the excess, if any, of the Controlled Deposit Amount for such subsequent Distribution Date over the amount deposited in the Principal Funding Account on such subsequent Distribution Date.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Cumulation Period means the period from, and including, the first RFR Banking Day of that Interest Period to, and including, that Cumulated RFR Banking Day;

  • Accumulation Unit is the unit of measure we use before the Income Date to keep track of the value of each Variable Sub-Account.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Controlled Accumulation Amount means $104,166,667; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Controlled Accumulation Amount shall be the amount specified in the definition of “Controlled Accumulation Amount” in the Indenture Supplement.