Examples of First Note Transfer Date in a sentence
The Servicer shall effect such assignment by making a deposit into the Collection Account in immediately available funds on the First Note Transfer Date following the Monthly Period in which such assignment obligation arises in an amount equal to the amount of such Receivables or the Invested Amount of such Collateral Certificate, as applicable.
On each First Note Transfer Date, the Servicer shall determine with respect to the prior Monthly Period whether there is a Remaining Series Available Principal Collections Shortfall for any Series of Notes after application of Shared Excess Available Principal Collections for the benefit of such Series of Notes for such Monthly Period.
If at any time the Servicer cannot identify the Recoveries that relate to specific Defaulted Receivables, then the Servicer shall reasonably estimate, on or prior to each First Note Transfer Date, the amount of Recoveries to be attributed to such Defaulted Receivables.
If the Transferor exercises such right of first refusal, the Transferor shall deposit the purchase price into the Collection Account on such First Note Transfer Date in immediately available funds.
The Transferor shall notify the Indenture Trustee prior to the Record Date for the First Note Transfer Date of the purchase if the Transferor is exercising such right of first refusal.
Shared Excess Available Finance Charge Collections allocable to the CHASEseries with respect to any Monthly Period shall be treated as CHASEseries Available Finance Charge Collections with respect to such Monthly Period and applied on the First Note Transfer Date in the immediately succeeding Monthly Period.
Shared Excess Available Finance Charge Collections allocable to the ONEseries with respect to any Monthly Period shall be treated as ONEseries Available Finance Charge Collections with respect to such Monthly Period and applied on the First Note Transfer Date in the immediately succeeding Monthly Period.
If there is an Investor Charge-Off on any First Note Transfer Date, that reduction will be allocated (and reallocated) on that date to each Tranche of CHASEseries Notes as set forth in this Section 3.06.
Shortly following the publication of this NOAA, the Fund will make available the electronic allocation application on its Web site at http://www.cdfifund.gov.
If there is an Investor Charge- Off on any First Note Transfer Date, that reduction will be allocated (and reallocated) on that date to each Tranche of CHASEseries Notes as set forth in this Section 3.06.