CTO Principal Commencement Date definition

CTO Principal Commencement Date means (i) unless the Early ------------------------------- Amortization Period shall have commenced or the Accumulation Period shall have been suspended in accordance with Section 4.16, the first Distribution Date on which the aggregate amount on deposit in the Principal Funding Account in respect of Class A Monthly Principal or Class B Monthly Principal equals the aggregate outstanding principal balance of the Class A Certificates and the Class B Certificates and (ii) if the Early Amortization Period shall have commenced or the Accumulation Period shall have been suspended in accordance with Section 4.16, the Distribution Date on which the Class A Certificates and the Class B Certificates are paid in full.
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CTO Principal Commencement Date means the Distribution Date on which the Class B Adjusted Invested Amount is paid in full or, if the Class B Adjusted Invested Amount is paid in full on the Class B Expected Final Distribution Date and the Early Amortization Period has not commenced, the Distribution Date following the Class B Expected Final Distribution Date.
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CTO Principal Commencement Date means (i) unless the Early Amortization Period shall have commenced or the Accumulation Period shall have been suspended in accordance with Section 4.16, the first Distribution Date on which (A) the aggregate amount on deposit in the Principal Funding Account in respect of Class A Monthly Principal equals the aggregate outstanding principal balance of the Class A Certificates and (B) the aggregate amount on deposit in the Principal Funding Account in respect of Class B Monthly Principal equals the aggregate outstanding principal balance of the Class B Certificates and (ii) if the Early Amortization Period shall have commenced or the Accumulation Period shall have been suspended in accordance with Section 4.16, the Distribution Date on which the Class A Certificates and the Class B Certificates are paid in full.
Sample 1

Examples of CTO Principal Commencement Date in a sentence

  • On or After CTO Principal Commencement Date, the amount of Principal Funding Investment Proceeds for such prior Due Period $ 0.00 d.

  • On or After CTO Principal Commencement Date, the amount of Principal Funding Investment Proceeds and Reserve Account Investment Proceeds for such prior Due Period $ 0.00 c.

  • On or After CTO Principal Commencement Date, the amount of Principal Funding Investment Proceeds, and Reserve Account Investment Proceeds for such prior Due Period $ 0.00 d.

  • On or After CTO Principal Commencement Date, the amount of Principal Funding Investment Proceeds and Reserve Account Investment Proceeds for such prior Due Period$ $943,579.94 979.91 c.

Related to CTO Principal Commencement Date

  • 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.

  • 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.

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

  • 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;

  • 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.

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

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

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

  • Billing Commencement Date means the earlier of:

  • 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.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • 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.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Framework Commencement Date means [insert date dd/mm/yyyy];

  • 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.

  • Vesting Commencement Date means the Grant Date or such other date selected by the Committee as the date from which an Award begins to vest.

  • Commencement Date means the date of this Agreement;

  • Rent Commencement Date means the Commencement Date.

  • Applicable Anniversary of the Commencement Date means the fifth (5th) anniversary of the Commencement Date.

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.