Monthly Determination Date definition

Monthly Determination Date means, with respect to any Payment Date, the date that is two (2) Business Days prior to such Payment Date.

Monthly Determination Date means, with respect to each Monthly Reporting Date, the 10th Business Day preceding such Monthly Reporting Date.

Monthly Determination Date means the last day of the calendar month immediately preceding the applicable Payment Date.

Examples of Monthly Determination Date in a sentence

• On any Loan Action Date during the Revolving Period, an Excluded Loan may be de-designated as such by the delivery by the Depositor (or the Servicer on its behalf) to the Issuer and the Indenture Trustee on or before the Monthly Determination Date relating to such Loan Action Date of a report identifying each such expected Loan (by loan number and Seller and Subservicer) as ceasing to be designated as an Excluded Loan.

• The designation of a Loan or 2024-1A SUBI Loan as an Excluded Loan shall be effected by the delivery by the Depositor (or the Servicer on its behalf) to the Issuer and the Indenture Trustee on or before the Monthly Determination Date relating to applicable Loan Action Date of a report identifying each such expected Loan (by loan number and Seller and Subservicer) as an Excluded Loan.

• Not later than the Monthly Determination Date relating to each Payment Date, but in no event later than the second Business Day preceding each Payment Date, the Servicer shall deliver to the Issuer, each Rating Agency, the Back-up Servicer, the Owner Trustee and the Indenture Trustee the Monthly Servicer Report, in substantially the form set forth in the Indenture.

• The Excluded Loans outstanding from time to time for any Loan Action Date shall be identified as such on each Loan Schedule delivered on the Monthly Determination Date relating to such Loan Action Date.

More Definitions of Monthly Determination Date

Monthly Determination Date means the sixteenth (16th) day of each calendar month, or if such sixteenth (16th) day is not a Business Day, the next succeeding Business Day.

Monthly Determination Date means the second London Business Day prior to the start of each Interest Period;

Monthly Determination Date shall have the meaning specified in Section 1.2 of the Depositary Agreement.

Monthly Determination Date means a date that occurs on the third Friday of each month (or, if that Friday is not a Trading Day, on the immediately preceding Trading Day), commencing on October 21, 2005 and ending on the Final Valuation Date. The “Net Investment Value” of the PISTONS equals, on September 26, 2005, $9.775 (the “Initial Net Investment Value”), and on any other Trading Day, the product of (x) the Net Investment Value of the PISTONS on the prior Trading Day and (y) the Index Return Percentage. The Net Investment Value of the PISTONS will be reduced at the end of the last Trading Day of each Monthly Calculation Period by (1) a Monthly Charge Adjustment Amount and (2) a Monthly Investment Adjustment Amount. The “Index Return Percentage” on any Trading Day equals Ending Index Value Starting Index Value

Monthly Determination Date means the last day of each calendar month, with the first such Monthly Determination Date being 31 July 2006;

Monthly Determination Date means in relation to a Monthly Payment Period, the last Business Day of such Monthly Payment Period.

Monthly Determination Date means in relation to a Monthly Interest Period, the last Business Day of such Monthly Interest Period.