Anticipated Cash Accumulation Period definition

Anticipated Cash Accumulation Period means, on any Trust Determination Date, the anticipated number of months required to accumulate sufficient principal receipts to pay the relevant Bullet Repayment Loan Amount, which will be equal to:
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Anticipated Cash Accumulation Period means on any Normal Calculation Date, the anticipated number of months required to accumulate sufficient Principal Receipts to pay the Relevant Accumulation Amount in relation to the relevant Cash Accumulation Advance, which will be equal to: calculated in months and rounded up to the nearest whole number, where: J = the Relevant Accumulation Amount; K = the aggregate principal amount outstanding on that Normal Calculation Date of: o each Bullet Term Advance and Scheduled Amortisation Term Advance that was not fully repaid on its relevant Scheduled Repayment Date; and o each other Bullet Term Advance and Scheduled Amortisation Instalment, the Scheduled Repayment Date of which falls on or before the Scheduled Repayment Date of the relevant Bullet Term Advance or Scheduled Amortisation Instalment; L = the amount of any available cash already standing to the credit of the Cash Accumulation Ledger at the start of that Normal Calculation Date plus the aggregate amount of Cash Accumulation Requirement paid to Funding 1 since the previous Funding 1 Interest Payment Date; M = means: o on any date prior to or including the 12th Normal Calculation Date to occur following the Initial Closing Date, the sum of each Monthly CPR on the Normal Calculation Dates which have occurred since the Initial Closing Date divided by the number of those Calculation Dates; and o on any subsequent date, the sum of each Monthly CPR on the 12 most recent Normal Calculation Dates which have occurred prior to that date divided by 12; N = 0.85; and O = the aggregate Outstanding Principal Balance of the Loans comprising the Trust Property on the previous Normal Calculation Date (or, if none, the Initial Closing Date);
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Anticipated Cash Accumulation Period means, on any Trust Determination Date, the anticipated number of months required to accumulate sufficient principal receipts to pay the relevant Bullet Repayment Loan Amount, which will be equal to: J + K - L -------------------- -------------------- M x (N x O) calculated in months and rounded up to the nearest whole number, where: J = the relevant Bullet Repayment Loan Amount; K = the aggregate Principal Amount Outstanding on that Trust Determination Date of:
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More Definitions of Anticipated Cash Accumulation Period

Anticipated Cash Accumulation Period means the anticipated number of months required to accumulate sufficient Principal Receipts to pay the relevant Bullet Amount, which will be equal to:
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Related to Anticipated Cash Accumulation Period

  • 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.

  • 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.

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

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

  • 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 February 2022 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.

  • 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:

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

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

  • 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.

  • 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.

  • 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.

  • Determination Period means each period from (and including) a Determination Date to (but excluding) the next Determination Date (including, where either the Interest Commencement Date or the final Interest Payment Date is not a Determination Date, the period commencing on the first Determination Date prior to, and ending on the first Determination Date falling after, such date); and

  • Scheduled Black-Out Period means the period from and including the last day of a fiscal quarter of the Company to and including the business day after the day on which the Company publicly releases its earnings for such fiscal quarter.

  • Payment Period means the three months following each Collection Quarter.

  • 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.

  • Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.

  • 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.

  • Contribution Period means the period specified in Article VI for which Employer Contributions shall be made.

  • 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.

  • Required Accumulation Factor Number shall be equal to a fraction, rounded upwards to the nearest whole number, the numerator of which is one and the denominator of which is equal to the lowest monthly principal payment rate on the Accounts, expressed as a decimal, for the three months preceding the date of such calculation.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • 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;