Full Amortization Period definition

Full Amortization Period. For all Series of Notes, the period that begins upon the occurrence of a Facility Early Amortization Event and ends on the date on which the Notes of all Series are paid in full.
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Full Amortization Period. As defined in the Indenture.
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Full Amortization Period. For all Series of Notes, the period that begins pursuant to Section 4.12 hereof upon the occurrence of an Event of Default and ends on the date on which the Notes of all Series are paid or redeemed in full or such Event of Default is waived in accordance with the terms hereof.
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Examples of Full Amortization Period in a sentence

  • For the avoidance of doubt, the obligation for the Issuer to pay or reserve any Default Supplemental Fee or Cumulative Default Supplemental Fee Shortfall Amounts shall begin only upon the commencement of the Full Amortization Period as described in Section 4.12.

  • The Paying Agent shall make payments of principal on the Series 2013-VF1 Variable Funding Notes on each Payment Date in accordance with Section 4 of the Base Indenture during any Target Amortization Period or any Full Amortization Period.

  • For the avoidance of doubt, the obligation of the Issuer to pay or reserve any Default Supplemental Fee or Cumulative Default Supplemental Fee Shortfall Amounts shall begin only upon the occurrence of an Event of Default and commencement of the Full Amortization Period as described in Section 4.12.

  • The occurrence of an event which with the giving of notice or the passage of time, or both, would constitute an Event of Default, whether or not the Indenture Trustee, the Administrative Agent and/or any Noteholders have provided notice sufficient to cause the Full Amortization Period to commence as a result of such event.

  • Funding Interruption Event: The occurrence of an event which with the giving of notice or the passage of time, or both, would constitute an Event of Default, whether or not the Indenture Trustee, the Administrative Agent and/or any Noteholders have provided notice sufficient to cause the Full Amortization Period to commence as a result of such event.

  • On each Payment Date and Interim Payment Date, the Indenture Trustee shall withdraw Servicing Spread Available Funds (and during the Full Amortization Period, all Available Funds) from the Note Payment Account and deposit them into the Expense Reserve Account pursuant to, and to the extent required by Section 4.5(a).

  • On each Payment Date and Interim Payment Date, the Indenture Trustee shall withdraw Servicing Spread Available Funds (and during the Full Amortization Period, all Available Funds) from the Note Payment Account and deposit them into the Credit Manager Expense Reserve Account pursuant to, and to the extent required by Section 4.5(a).

  • For the avoidance of doubt, the obligation for the Issuer to pay or reserve any Default Supplemental Fee or Default Supplemental Fee Shortfall Amounts shall begin only upon the commencement of the Full Amortization Period as described in this Section 4.12.

  • Advance Rate Reduction Event Trigger Period: The period of time that begins upon the occurrence of an Advance Rate Reduction Event, and ends on earliest of (i) the date on which an Advance Rate Reduction Event is no longer in effect, pursuant to the requirements set forth in Section 4.12, (ii) commencement of the Early Amortization Period, (iii) commencement of the Early Termination Event Period or (iv) commencement of the Full Amortization Period.

  • The Paying Agent shall make payments of principal on the Series 2013-VF2 Variable Funding Notes on each Payment Date in accordance with Section 4 of the Base Indenture during any Target Amortization Period or any Full Amortization Period.


More Definitions of Full Amortization Period

Full Amortization Period means the period of time beginning on the earlier of (i) the date immediately following the last day of the Controlled Amortization Period, and (ii) the date on which an Early Amortization Event occurs, and ending on the Final Maturity Date.
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Full Amortization Period. As defined in the Indenture. Indenture: As defined in the Recitals. Indenture Trustee: As defined in the Recitals. Initial Receivables: As defined in Section 2(a). Issuer: As defined in the Preamble. Notes: As defined in the Indenture. Purchase: Each transfer by the Issuer from the Depositor of Transferred Assets. Purchase Price: As defined in Section 2(b). Receivable and Receivables: As defined in the Recitals. 3 Receivables Sale Agreement: As defined in the Recitals. Receivables Sale Termination Date: The date, after the conclusion of the Revolving Period, on which all amounts due on all Classes of Notes issued by the Issuer pursuant to the Indenture, and all other amounts payable to any party pursuant to the Indenture, shall have been paid in full. Removed Servicing Agreement: As defined in Section 2(c). Sale Date: (i) With respect to the Initial Receivables, the Closing Date and (ii) with respect to any Additional Receivables, each date after the Closing Date and prior to the Receivables Sale Termination Date on which such Additional Receivable is sold and/or contributed, assigned, transferred and conveyed by the Depositor to the Issuer pursuant to the terms of this Agreement. Series: As defined in the Indenture. Servicing Agreement and Servicing Agreements: As defined in the Recitals. Stop Date: As defined in Section 2(c). Subsidiary: With respect to any Person (i) any corporation more than 50% of the outstanding securities having ordinary voting power of which shall at the time be owned or controlled, directly or indirectly, by such Person or by one or more of its Subsidiaries or by such Person and one or more of its Subsidiaries, or (ii) any partnership, limited liability company, association, joint venture or similar business organization more than 50% of the ownership interests having ordinary voting power of which shall at the time be so owned or controlled. Transferred Assets: As defined in Section 2(a). UCC: As defined in Section 2(a). (b) The Designated Servicing Agreement Schedule, as may be amended, restated, supplemented, or otherwise modified from time to time in accordance with the Transaction Documents, is incorporated by this reference into this Agreement. Section 2.
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Full Amortization Period means the period of time beginning on the earlier of (i) the date immediately following the last day of the Controlled Amortization Period; and (ii) the date on which an Early Amortization Event occurs, and ending on the Final Maturity Date. “Funding Default” has the meaning set forth in Section 0. “Funding Notice” means a notice substantially in the form of Exhibit A-1. “GAAP” means, subject to the limitations on the application thereof set forth in Section 0, U.S. generally accepted accounting principles in effect as of the date of determination thereof. “Governmental Authority” means any federal, state, municipal, national or other government, governmental department, commission, board, bureau, court, agency or instrumentality or political subdivision thereof or any entity or officer exercising executive, legislative, judicial, regulatory or administrative functions of or pertaining to any government or any court, in each case whether associated with a state of the United States, the United States, a Province of Canada, Canada, or a foreign entity or government. “Governmental Authorization” means any permit, license, authorization, plan, directive, consent order or consent decree of or from any Governmental Authority. “GPCC Loan Asset” means a Loan Asset that is a general purpose credit card. “Hedge Counterparty” means each counterparty to an Interest Rate Hedging Agreement. “Hedge Payment” means, for any Distribution Date, the amount payable by Borrower to the Hedge Counterparty on such Distribution Date under an Interest Rate Hedging Agreement, other than any amounts payable by the Borrower under any applicable early termination under such Interest Rate Hedging Agreement. “Hedge Receipt” means, for any Distribution Date, the amount payable by the Hedge Counterparty to the Borrower on such Distribution Date under an Interest Rate Hedging Agreement, other than any amounts payable by the Hedge Counterparty under any applicable early termination under such Interest Rate Hedging Agreement. “Highest Lawful Rate” means the maximum lawful interest rate, if any, that at any time or, from time to time, may be contracted for, charged, or received under any Applicable Law currently in effect (including for greater certainty, section 347 of the Criminal Code (Canada)).
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Related to Full Amortization Period

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2009-VFN Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Early Amortization Event means the occurrence of any of the following:

  • Amortization Payment shall have the meaning set forth in Section 2(d).

  • Negative Amortization That portion of interest accrued at the Note Rate in any month which exceeds the Monthly Payment on the related Mortgage Loan for such month and which, pursuant to the terms of the Mortgage Note, is added to the principal balance of the Mortgage Loan.

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

  • Accumulation Period has the meaning set forth in the Indenture Supplement.

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Potential Amortization Event means an event which, with the passage of time or the giving of notice, or both, would constitute an Amortization Event.

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and