Funding Period Settlement Date definition

Funding Period Settlement Date means (i) with respect to any Funding Period, the last day of such Funding Period and (ii) with respect to the Unallocated Balance outstanding from time to time during any Accrual Period, the Settlement Date immediately following the end of such Accrual Period.
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Examples of Funding Period Settlement Date in a sentence

  • Interest shall be payable on the VFC Certificates on each Funding Period Settlement Date pursuant to subsection 3C.6(a).

  • The amount (the "Series 1998-1 Amortization Principal Payment") distributable from the Series 1998-1 Principal Collection Sub-subaccount on each Funding Period Settlement Date during the Amortization Period shall be equal to the lesser of (a) the aggregate Invested Amount allocated to such Funding Period and (b) the amount on deposit in such account on such Funding Period Settlement Date.

  • During the Amortization Period, on each date which is three Business Days prior to a Funding Period Settlement Date, the Trustee shall deliver to each VFC Certificateholder a notice by fax, followed by a hard copy delivered by overnight carrier, setting forth the amount on deposit and available for distribution in the Series 1997-1 Principal Collection Sub- subaccount as of the opening of business on such date.

  • The amount (the "Series 1997-1 Amortization Principal Payment") distributable from the Series 1997-1 Principal Collection Sub-subaccount on each Funding Period Settlement Date during the Amortization Period shall be equal to the lesser of (a) the aggregate Invested Amount allocated to such Funding Period and (b) the amount on deposit in such account on such Funding Period Settlement Date.

  • During the Amortization Period, on each date which is three Business Days prior to a Funding Period Settlement Date, the Trustee shall deliver to the Agent a notice by fax, followed by a hard copy delivered by overnight carrier, setting forth the amount on deposit and available for distribution in the Series 1998-1 Principal Collection Sub-subaccount as of the opening of business on such date.

  • Amounts on deposit and available for investment in the Series 1998-1 Non-Principal Collection Sub- subaccount and the Series 1998-1 Accrued Interest Sub-subaccount shall be invested by the Trustee at the written direction of the Company in Eligible Investments that mature, or that are payable or redeemable upon demand of the holder thereof, on or prior to the Business Day immediately preceding the next subsequent Distribution Date or Funding Period Settlement Date, whichever is earliest.

  • Except as set forth on Schedule 3.16 or other Schedules to this Agreement, neither the Company nor any of its subsidiaries has been cited, fined or otherwise notified of any asserted past or present failure to comply with any laws, regulations or orders and no proceeding with respect to any such violation is pending or, to the knowledge of the Company and Browx, xxreatened.

  • As of each Business Day immediately preceding a Distribution Date or Funding Period Settlement Date, all interest and other investment earnings (net of losses and investment expenses) on funds deposited in the Series 1998-1 Accrued Interest Sub-subaccount shall be deposited in the Series 1998-1 Non- Principal Collection Sub-subaccount.

Related to Funding Period Settlement Date

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Scheduled Settlement Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.

  • Termination Settlement Date means, for any Terminated Obligation, the date customary for settlement, substantially in accordance with the then-current market practice in the principal market for such Terminated Obligation (as determined by the Calculation Agent), of the sale of such Terminated Obligation with the trade date for such sale occurring on the related Termination Trade Date.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Cash Settlement Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • Day-ahead Settlement Interval means the interval used by settlements, which shall be every one clock hour.

  • Mandatory Settlement Date means the earliest of:

  • Settlement Date means, with respect to the Called Principal of any Note, the date on which such Called Principal is to be prepaid pursuant to Section 8.2 or has become or is declared to be immediately due and payable pursuant to Section 12.1, as the context requires.

  • Early Settlement Date has the meaning specified in Section 5.9(a).

  • Remarketing Settlement Date means the date of the settlement of any Successful Remarketing, which will be three Business Days after such Remarketing.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Maximum Settlement Amount means the maximum amount the Company may be required to pay pursuant to this Settlement, which is the sum of Three Hundred Thousand Dollars ($300,000), excluding any of the Company’s employer-side share of FICA, FUTA, and other similar, mandatory employer-side payroll taxes. In no event shall the Maximum Settlement Amount exceed the foregoing sum.

  • Gross Settlement Amount means $240,000 which is the total amount Standard agrees to pay under the Settlement, except as provided in Paragraph 8 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

  • CCASS Settlement Day means the term “Settlement Day” as defined in the General Rules of CCASS.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Draw Down Pricing Period means, with respect to each Draw Down, a period of eight (8) consecutive Trading Days beginning on the first Trading Day specified in a Draw Down Notice.