Clean-up Call definition

Clean-up Call. The meaning specified in Section 9.1 hereof.

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Clean-up Call. The termination of the Trust Fund hereunder pursuant to Section 9.01(a)(ii).

Clean-up Call. The optional purchase of the Mortgage Loans and all property acquired in respect of any Mortgage Loan remaining in the Trust Fund on any date on which the Aggregate Stated Principal Balance is less than 10% of the Aggregate Stated Principal Balance as of the Cut-off Date, in accordance with Section 7.01(d) of this Agreement.

Examples of Clean-up Call in a sentence

• In connection with a Clean-up Call pursuant to Section 9.1(a), a Tax Redemption pursuant to Section 9.1(b), an Optional Redemption pursuant to Section 9.1(c) or an Auction Call Redemption pursuant to Section 9.1(d), the Note Administrator shall set the applicable Record Date ten (10) Business Days prior to the proposed Redemption Date.

• Payments of principal on the Notes in connection with a Clean-up Call, Tax Redemption, Auction Call Redemption or Optional Redemption will be made in accordance with Section 9.1 and the Priority of Payments.

• The failure of any Optional Redemption, Clean-up Call or Tax Redemption that is withdrawn in accordance with this Indenture shall not constitute an Event of Default.

• Clean-up Call; Tax Redemption; Optional Redemption; and Auction Call Redemption 142 Section 9.2 Record Date for Redemption 143 Section 9.3 Notice of Redemption or Maturity 143 Section 9.4 Notes Payable on Redemption Date 144 Section 9.5 Mandatory Redemption 145 Section 10.1 Collection of Amounts; Custodial Account 145 Section 10.2 Reinvestment Account 145 Section 10.3 Payment Account 147 Section 10.4 Expense Reserve Account 147 Section 10.5 Unused Proceeds Account 149 Section 10.6 [Reserved].

More Definitions of Clean-up Call

Clean-up Call is defined in Section 6.1 of the Purchase and Sale Agreement.

Clean-up Call means the Trustor of the First Trust's right at its option to exercise a clean-up call to repurchase of all, but not part, of the outstanding Auto Loan Receivables from the Trustee of the First Trust when the Clean-up Call Conditions are satisfied.

Clean-up Call shall have the meaning set forth in Section 12.17.

Clean-up Call. As defined in Section 10.01(a). Closing Date: June 26, 2003.

Clean-up Call. The optional purchase of the mortgage loans subject to the Pooling Agreement and all property acquired in respect of any such mortgage loan remaining in the trust fund created pursuant to the Pooling Agreement on any date on which the aggregate stated principal balance is less than either 20% or 5%, as applicable, of the aggregate stated principal balance as of September 1, 2011, in accordance with the Pooling Agreement.

Clean-up Call is defined in Section 3.1 of the Removal and Clean-Up Call Agreement.

Clean-up Call has the meaning set forth in Section 12.20 of the LLC Operating Agreement.