Final Remittance Date definition
Examples of Final Remittance Date in a sentence
The obligation of the Company to provide the Limited Guarantee under this Agreement shall terminate on the Final Remittance Date.
The distribution on the Final Remittance Date shall be in lieu of the distribution otherwise required to be made on such Remittance Date in respect of each Class of Certificates.
In the event such notice is given in connection with the Company's election to purchase the Contracts, the Company shall deposit in the Certificate Account on the Final Remittance Date in immediately available funds an amount equal to the above-described purchase price and upon such deposit Certificateholders and Class C Certificateholders will be entitled to the amount of such purchase price but not amounts in excess thereof, all as provided herein.
In the event such notice is given in connection with the sale of the Contracts pursuant to Section 8.05, the Class C Subsidiary Certificateholder or the Trustee, as applicable, shall deposit in the Certificate Account on the Final Remittance Date in immediately available funds an amount equal to the above-described purchase price and upon such deposit Certificateholders will be entitled to the amount of such purchase price but not amounts in excess thereof, all as provided herein.
The obligation of the Guarantor to provide the Limited Guarantee under this Agreement shall terminate on the Final Remittance Date.
In the event such notice is given in connection with the Company's election to purchase the Contracts, the Company shall deposit in the Certificate Account on the Final Remittance Date in immediately available funds an amount equal to the above-described purchase price and upon such deposit Certificateholders will be entitled to the amount of such purchase price but not amounts in excess thereof, all as provided herein.
Class R (Subordinate) No. R-___ Date of Pooling and Servicing Agreement: Percentage Interest: 100% As of November 1, 1995 Cut-off Date: November 1, 1995 First Remittance Date: December 15, 1995 Final Remittance Date May 15, 2026 Servicer: The CIT Group/Sales Financing, Inc.
In the event such notice is given by the Servicer, the Company or the Servicer shall deposit in the Certificate Account on or before the Final Remittance Date in immediately available funds an amount equal to the purchase price for the assets of the Trust computed as above provided.
In the event such notice is given in connection with the sale of the Contracts pursuant to Section 8.05, the Class C Subsidiary Certificateholder or the Trustee, as applicable, shall deposit in the Certificate Account on the Final Remittance Date in immediately available funds an amount equal to the above- described purchase price and upon such deposit Certificateholders will be entitled to the amount of such purchase price but not amounts in excess thereof, all as provided herein.