Examples of Initial Principal Payment Date in a sentence
Controlled Amortization Class A Scheduled Initial Principal Payment Date............
In addition, if and so long as the Designated Series Certificates are listed on the Luxembourg Stock Exchange, the Trustee shall publish or cause to be published in an Authorized Newspaper of general circulation in Luxembourg a notice to the effect that the Servicer has elected not to extend the Initial Principal Payment Date.
Controlled Amortization Class A Scheduled Initial Principal Payment Date.........
The Servicer shall effect an election not to extend the Initial Principal Payment Date by delivering a written notice (the "Notice Not to Extend") to the Trustee stating that BCI elects, effective as of a Distribution Date stated in the notice (the "Effective Distribution Date"), that the Initial Principal Payment Date not be extended beyond such Effective Distribution Date.
The Servicer will cause the Trustee to provide notice of such election to the Seller, Designated Series Certificateholders, each Rating Agency and the Collateral Indebtedness Holder not more than 60 days and not less than 30 days prior to the then-current Initial Principal Payment Date.