Accumulation Reserve Account Funding Date means the Payment Date prior to the Payment Date with respect to the first Monthly Period in the Controlled Accumulation Period.
Accumulation Reserve Account Funding Date means in respect of an Accumulation Period commencing other than as a result of a Targeted Pre-funding Amount of greater than zero the Transfer Date which occurs not later than the earliest of:
Accumulation Reserve Account Funding Date means, with respect to any Tranche of SynchronySeries Notes with an Accumulation Commencement Date, the Transfer Date selected by the Servicer on behalf of the Issuer which occurs not later than the Transfer Date following the Monthly Period which commences three months prior to the Accumulation Commencement Date (which commencement shall be subject to postponement pursuant to Section 3.11(b)(ii)).
Examples of Accumulation Reserve Account Funding Date in a sentence
On each Transfer Date from and after the Accumulation Reserve Account Funding Date, the Trustee, at the direction of the Servicer, shall apply Excess Spread as set forth in Section 5.17(o) to increase the amount on deposit in the Accumulation Reserve Account to the extent such amount is less than the Required Accumulation Reserve Account Amount.
More Definitions of Accumulation Reserve Account Funding Date
Accumulation Reserve Account Funding Date means a Transfer Date selected by the [Administrator] which occurs not later than the earliest of: (a) the Transfer Date with respect to the Monthly Period which commences three (3) months prior to the commencement of the Controlled Accumulation Period; [(b) the first Transfer Date for which the Portfolio Adjusted Yield is less than 1.0%, but in such event the Reserve Account Funding Date shall not be required to occur earlier than the Transfer Date with respect to the Monthly Period which commences nine (9) months prior to the commencement of the Controlled Accumulation Period; (c) the first Transfer Date for which the Portfolio Adjusted Yield is less than 1.5%, but in such event the Reserve Account Funding Date shall not be required to occur earlier than the Transfer Date with respect to the Monthly Period which commences 6 months prior to the commencement of the Controlled Accumulation Period; and (d) the first Transfer Date for which the Portfolio Adjusted Yield is less than 2.0%, but in such event the Reserve Account Funding Date shall not be required to occur earlier than the Transfer Date with respect to the Monthly Period which commences 4 months prior to the commencement of the Controlled Accumulation Period].
Accumulation Reserve Account Funding Date means a Transfer Date selected by the Issuer which occurs not later than the Transfer Date with respect to the Monthly Period which commences three (3) months prior to the commencement of the Controlled Accumulation Period.
Accumulation Reserve Account Funding Date means the date designated by the Servicer which occurs not later than the earliest of (a) the Payment Date with respect to the Monthly Period which commences three months prior to the commencement of the Controlled Accumulation Period with respect to a Tranche of Notes or (b) such other date designated by the Servicer.