Amortization Commencement Day means the day specified as such in a written notice delivered pursuant to Section 8.2(1) or the day on which an Amortization Event occurs as set forth in Section 8.2(2), if the Amortization Event is not waived in the circumstances contemplated in Section 8.2(2);
Amortization Commencement Day means, with respect to a Series, the day specified as such in the Series Purchase Agreement;
Amortization Commencement Day. ’ (i) means, in respect of a Series, the earlier to occur of (x) the day specified as such in the related Series Purchase Agreement; and (y) the day on which funds are required to be deposited into the Collection Account as the purchase price of the Ownership Interests of such Series; and (ii) in respect of a Series held by the Trust, has the meaning ascribed thereto under ‘‘Remittances — Amortization Period’’ at page 25.
Examples of Amortization Commencement Day in a sentence
The Liquidation Period will end on the earlier of (a) the first Determination Day when the Invested Amount with respect to the Series 2024-1 Ownership Interest is reduced to zero and (b) the Amortization Commencement Day for the Series 2024-1 Ownership Interest.
More Definitions of Amortization Commencement Day
Amortization Commencement Day means, in respect of the Series 2024-1 Ownership Interest, in addition to any day specified in the Pooling and Servicing Agreement, the earlier of:
Amortization Commencement Day means, in respect of a Series, the day that an Amortization Period with respect to such Series commences pursuant to the related Series Purchase Agreement as described under “Series of Ownership Interests – Amortization Events in Respect of a Series of Ownership Interests”;