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 earlier to occur of (a) the day specified as such in the related Series Purchase Agreement, and
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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:
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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 2019-1 Ownership Interest is reduced to zero and (b) the Amortization Commencement Day for the Series 2019-1 Ownership Interest.

  • 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.

  • If a waiver is not granted by the Series 2022-1 Co-Owner within three (3) Business Days after the recognition of such applicable Amortization Event, then, but only then, will the Amortization Period commence, and, in such circumstances, the Amortization Period will be deemed to have commenced on such Amortization Commencement Day.

  • If a waiver is not granted by the Series 2024-1 Co-Owner within three (3) Business Days after the recognition of such applicable Amortization Event, then, but only then, will the Amortization Period commence, and, in such circumstances, the Amortization Period will be deemed to have commenced on such Amortization Commencement Day.

  • The Amortization Period will commence on the Amortization Commencement Day.

  • If a waiver is not granted by the Series 2019-1 Co- Owner within three (3) Business Days after the recognition of such applicable Amortization Event, then, but only then, will the Amortization Period commence, and, in such circumstances, the Amortization Period will be deemed to have commenced on such Amortization Commencement Day.

  • If a waiver is not granted by the Series 2023-1 Co-Owner within three (3) Business Days after the recognition of such applicable Amortization Event, then, but only then, will the Amortization Period commence, and, in such circumstances, the Amortization Period will be deemed to have commenced on such Amortization Commencement Day.

  • The Liquidation Period will end on the earlier of (a) the first Determination Day when the Invested Amount with respect to the Series 2023-1 Ownership Interest is reduced to zero and (b) the Amortization Commencement Day for the Series 2023-1 Ownership Interest.

  • In the case of an Amortization Event described in Section 7.1(1)(c), Section 7.1(1)(e), Section 7.1(1)(f), Section 7.1(1)(g), Section 7.1(1)(h), Section 7.1(1)(i), Section 7.1(1)(j), Section 7.1(1)(k), Section 7.1(1)(l), Section 7.1(1)(m) and Section 7.1(1)(n), the Amortization Commencement Day with respect to the Series 2024-1 Ownership Interest will be deemed to be the day on which the Amortization Event occurs, without any notice or other action on the part of the Custodian or the Issuer Trustee.

  • If a waiver is not granted by the Series 2020-1 Co-Owner within three (3) Business Days after the recognition of such applicable Amortization Event, then, but only then, will the Amortization Period commence, and, in such circumstances, the Amortization Period will be deemed to have commenced on such Amortization Commencement Day.


More Definitions of Amortization Commencement Day

Amortization Commencement Day means, (i) 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 28.
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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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Related to Amortization Commencement Day

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • 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.

  • 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 Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • 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 2023-A 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 Commitment Termination Date, (ii) the declaration or automatic occurrence of the Amortization Date pursuant to Section 7.03 and (iii) that Business Day which the Borrower designates as the Amortization Date by notice to the Administrative Agent at least five (5) Business Days prior to such Business Day.

  • 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;

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • 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.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • 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.

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • 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;

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • Recommencement Date As defined in Section 6(d) hereof.

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

  • Amortization rate means the amortization rate, as defined in Section 49-11-102, to be applied to the system that would have covered the retiree if the retiree's reemployed position were deemed to be an eligible, full-time position within that system.

  • Managed Amortization Period means the period from the Closing Date to the Rapid Amortization Commencement 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.

  • 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.

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

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.