Auction Rate Distribution Date definition

Auction Rate Distribution Date shall have the meaning given to such term in Appendix A-1 to the Indenture.
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Auction Rate Distribution Date means a Distribution Date with respect to the Auction Rate Notes.
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Auction Rate Distribution Date means for the Auction Rate Notes, (a) the Business Day following the end of each Auction Period (as defined in Appendix A-2 to the Indenture) and (b) for an Auction Period in excess of 90 days, in addition to the days referred to in clause (a), the related Quarterly Distribution Date.
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Examples of Auction Rate Distribution Date in a sentence

  • The Class A-5b Notes and the Class A-5c Notes shall be dated as of the Closing Date and shall bear interest from the Closing Date, payable on each corresponding Auction Rate Distribution Date, except that Class A-5b Notes and Class A-5c Notes which are issued upon transfer, exchange or other replacement shall bear interest from the most recent corresponding Auction Rate Distribution Date to which interest has been paid, or if no interest has been paid, from the Closing Date.

  • The Class B Notes shall be dated as of the Closing Date and shall bear interest from the Closing Date, payable on each corresponding Auction Rate Distribution Date, except that Class B Notes which are issued upon transfer, exchange or other replacement shall bear interest from the most recent corresponding Auction Rate Distribution Date to which interest has been paid, or if no interest has been paid, from the Closing Date.

  • The Indenture Trustee shall use the amounts on deposit in those Accounts to redeem the Series 2004-2 Notes on their Quarterly Distribution Date or Auction Rate Distribution Date, as appropriate, and to pay any Issuer Derivative Payments (including all applicable Termination Payments) pursuant to the corresponding Derivative Product.

  • On each Quarterly Distribution Date, that is not also an Auction Rate Distribution Date for the Auction Rate Notes, in lieu of making payments on that date of principal and Carry-over Amounts to the Auction Rate Notes, these amounts will be deposited into the Future Distribution Account to be paid to the Auction Rate Notes on the applicable Auction Rate Distribution Date in the order of priority set forth in Section 2.07A below.

  • List the name of social institutes/ bodies under the given categorization along with the following information.

  • Quarterly Funding Amount 03/15/2011 $ 0.00$ 73,482,067.51 D Class A Noteholder's Interest Distribution Amounti Class A-1A * Priinciipal allocated to Auctiion Rate Securiities haviing no payment on the Quarterlly Diistriibution Date iis deposiited into the Future Diistriibution Account for payment on the next related Auction Rate Distribution Date.

  • The next Auction Rate Distribution Date is and the Auction Date is .

  • If principal payments are allocated to any Class of Auction Rate Notes on a Quarterly Distribution Date, such allocations will be used to redeem such Class on the first Auction Rate Distribution Date for such Class on or immediately following the Quarterly Distribution Date for which notice of redemption can be given pursuant to Section 2.13(c) hereof.

  • The Indenture Trustee shall use the amounts on deposit in those Accounts to redeem such portion of the Class of the Auction Rate Notes on the applicable Auction Rate Distribution Date and to pay any such Issuer Derivative Payments pursuant to the corresponding Derivative Product.

  • The next Auction Rate Distribution Date is __________________________ and the Auction Date is __________________________.


More Definitions of Auction Rate Distribution Date

Auction Rate Distribution Date means for the class of Auction Rate Notes, (a) the Business Day following the end of each Auction Period for the class of Auction Rate Notes and (b) for the class of Auction Rate Notes with an Auction Period in excess of 90 days, in addition to the days referred to in clause (a), the related Quarterly Distribution Date.
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Auction Rate Distribution Date means, with respect to each Class of the Auction Rate Notes, (a) so long as such Class of the Auction Rate Notes bear interest at an Auction Rate Notes Interest Rate for an Auction Period of not greater than 90 days, the Business Day immediately following the expiration of the Initial Period for such Auction Rate Notes, and each related Auction Period thereafter, commencing as provided in an Issuer Order pursuant to Section 2.03(c) of Appendix A hereto for the Class A-5a Notes if the Class A-5a Notes are reset to bear interest at an Auction Rate pursuant to Section 2.01(f) of Appendix A hereto and commencing on May 28, 2004 for the Class A-5b Notes and May 28, 2004 for the Class A-5c Notes, May 28, 2004 for the Class B-1 Notes and May 28, 2004 for the Class B-2 Notes; and (b) if and for so long as such Class of the Auction Rate Notes bear interest at an Auction Rate Notes Interest Rate for an Auction Period of greater than 90 days, the 25th day of each February, May, August and November and the Business Day immediately following the expiration of the related Auction Period. On any Auction Rate Distribution Date that is a designated calendar date (such as described in clause (b) above), if the designated date is not a Business Day, interest shall be payable on the next succeeding Business Day in the amount accrued to but excluding the designated calendar date and no interest shall accrue on the payment so deferred during the intervening period. On any Auction Rate Distribution Date that is not a designated calendar date (such as described in clause (a) above), interest shall be payable in the amount accrued to but excluding the date on which interest is actually paid.
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Auction Rate Distribution Date means, with respect to each Class of the Auction Rate Notes, (a) so long as such Class of the Auction Rate Notes bear interest at an Auction Rate Notes Interest Rate for an Auction Period of not greater than 90 days, the Business Day immediately following the expiration of the Initial Period for such Auction Rate Notes, and each related Auction Period thereafter, commencing as provided in an Issuer Order pursuant to Section 2.03(c) of Appendix A hereto for the Class A-5a Notes if the Class A-5a Notes are reset to bear interest at an Auction Rate pursuant to Section 2.01(f) of Appendix A hereto and commencing on May 28, 2004 for the Class A-5b Notes and May 28, 2004 for the Class A-5c Notes, May 28, 2004 for the Class B-1 Notes and May 28, 2004 for the Class B-2 Notes; and
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Auction Rate Distribution Date means, for the Auction Rate Notes, the Business Day immediately following the expiration of the Initial Period and each Auction Period thereafter; provided, however, if the duration of such Auction Period exceeds 90 days, then the related Auction Rate Distribution Dates shall occur on (a) each Quarterly Distribution Date occurring during such Auction Period and (b) the first Business Day immediately following the end of such Auction Period.
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Auction Rate Distribution Date means each Payment Date (as defined in Appendix A).
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Related to Auction Rate Distribution Date

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.

  • Auction Date means the first Business Day preceding the first day of a Dividend Period.

  • Relevant Distribution Date With respect to (a) any Significant Obligor with respect to the Trust, the Distribution Date, and (b) any Significant Obligor with respect to an Other Securitization Trust, the “Distribution Date” (or an analogous concept) under the related Other Pooling and Servicing Agreement.

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • 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.

  • 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.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two Business Days prior to the first day of such Interest Period.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.

  • Auction Rate means the rate of interest per annum that results from implementation of the Auction Procedures and is determined as described in Section 2.02(a)(iii)(B) of this Appendix A.

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Profit Distribution Date means the date on which the Management Company decides to distribute the profits (if any).