Initial Railcar means each of the Portfolio Railcars identified on Schedule 4 hereto that has been, or will be, acquired by Issuer on the Initial Closing Date pursuant to the Asset Transfer Agreement.
Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.
Initial Receivables means any Receivable conveyed to the Trust on the Closing Date.
Initial Rate Cap With respect to each Adjustable Rate Mortgage Loan and the initial Adjustment Date therefor, a number of percentage points per annum that is set forth in the Mortgage Loan Schedule and in the related Mortgage Note, which is the maximum amount by which the Mortgage Interest Rate for such Adjustable Rate Mortgage Loan may increase or decrease from the Mortgage Interest Rate in effect immediately prior to such Adjustment Date.
Initial Rate means each rate of interest to be paid in an Initial Period as set forth in the Certificate.
Replacement Date has the meaning set forth in Section 2.08(b).
Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.
Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).
Additional Closing Date has the meaning set forth in Section 3.
Term SOFR Replacement Date has the meaning specified in Section 3.03(b).
First Closing Date shall refer to the time and date of delivery of certificates for the Firm Shares and such Optional Shares). Any such time and date of delivery, if subsequent to the First Closing Date, is called an “Option Closing Date,” shall be determined by the Representatives and shall not be earlier than three or later than five full business days after delivery of such notice of exercise. If any Optional Shares are to be purchased, each Underwriter agrees, severally and not jointly, to purchase the number of Optional Shares (subject to such adjustments to eliminate fractional shares as the Representatives may determine) that bears the same proportion to the total number of Optional Shares to be purchased as the number of Firm Shares set forth on Schedule A opposite the name of such Underwriter bears to the total number of Firm Shares. The Representatives may cancel the option at any time prior to its expiration by giving written notice of such cancellation to the Company.
Applicable Closing Date Has the meaning specified in Section 5.01(b) of this Trust Supplement.
Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).
Second Closing Date means the date of the Second Closing.
Put Closing Date shall have the meaning set forth in Section 2.3.8.
Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.
Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Stated Principal Balance is less than 10.00% of the Cut-off Date Balance.
Initial Rating With respect to the Secured Notes, the rating or ratings, if any, indicated in Section 2.3.
Replacement Aircraft means the Aircraft of which a Replacement Airframe is part.
Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.
Initial Closing Price means the RI Closing Value of a Reference Item on the Strike Date
Increased Facility Activation Notice means a notice substantially in the form of Exhibit E.
Initial Payment Date has the meaning specified in Section 3 of this Supplement.
Additional Purchase Price has the meaning provided in Section 1.2(b).
First Amendment Closing Date has the meaning assigned to such term in the First Amendment.