Amortization Commencement Day definition

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);
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Amortization Commencement Day means, with respect to a Series, the day specified as such in the Series Purchase Agreement;
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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.
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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 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”;
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Amortization Commencement Day means, in respect of the Series 2023-1 Ownership Interest, in addition to any day specified in the Pooling and Servicing Agreement, the earlier of:
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Related to Amortization Commencement Day

  • 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.

  • Loan Commencement Date means, with respect to each Loan, the first Business Day of the calendar month following the Funding Date of such Loan.

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Offering Commencement Date means the first day of each Offering Period.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Lease Commencement Date has the meaning specified in Section 3.2 of the Master Lease.