Monthly Early Termination Sale Proceeds definition

Monthly Early Termination Sale Proceeds means, with respect to a Collection Period, all (i) amounts paid by Lessees or Dealers with respect to Early Termination Purchase Option Price payments during such Collection Period and (ii) Net Auction Proceeds received by the Servicer in such Collection Period for 2016-A Vehicles with respect to which the related 2016-A Lease was terminated and which were sold in such Collection Period on or after the termination of the related 2016-A Leases prior to their respective Maturity Dates, reduced by amounts required to be remitted to the related Lessees under applicable law.
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Monthly Early Termination Sale Proceeds means, with respect to a Collection Period, all (i) amounts paid by Lessees or Dealers with respect to Early Termination Purchase Option Price payments during such Collection Period and (ii) Net Auction Proceeds received by the Servicer in such Collection Period for 20[●]-[●] Vehicles with respect to which the related 20[●]-[●] Lease was terminated and which were sold in such Collection Period on or after the termination of the related 20[●]-[●] Leases prior to their respective Maturity Dates, reduced by amounts required to be remitted to the related Lessees under applicable law.
Sample 1Sample 2Sample 3
Monthly Early Termination Sale Proceeds means, with respect to a Collection Period, all (i) amounts paid by Lessees or Dealers with respect to Early Termination Purchase Option Price payments during such Collection Period and (ii) Net Auction Proceeds received by the Servicer in such Collection Period for 2019-B Vehicles with respect to which the related 2019-B Lease was terminated and which were sold in such Collection Period on or after the termination of the related 2019-B Leases prior to their respective Maturity Dates, reduced by amounts required to be remitted to the related Lessees under applicable law.
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More Definitions of Monthly Early Termination Sale Proceeds

Monthly Early Termination Sale Proceeds means, with respect to a Collection Period, all (i) amounts paid by Lessees or Dealers with respect to Early Termination Purchase Option Price payments during such Collection Period and (ii) Net Auction Proceeds received by the Servicer in such Collection Period for 2016-B Vehicles with respect to which the related 2016-B Lease was terminated and which were sold in such Collection Period on or after the termination of the related 2016-B Leases prior to their respective Maturity Dates, reduced by amounts required to be remitted to the related Lessees under applicable law. 16 (NALT 2016-B Agreement of Definitions)
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Monthly Early Termination Sale Proceeds means, with respect to a Collection Period, all (i) amounts paid by Lessees or Dealers with respect to Early Termination Purchase Option Price payments during such Collection Period and (ii) Net Auction Proceeds received by the Servicer in such Collection Period for 20[•]-[•] Vehicles with respect to which the related 20[•]- (NALT 20[•]-[•] Agreement of Definitions) 18 [•] Lease was terminated and which were sold in such Collection Period on or after the termination of the related 20[•]-[•] Leases prior to their respective Maturity Dates, reduced by amounts required to be remitted to the related Lessees under applicable law.
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Related to Monthly Early Termination Sale Proceeds

  • Early Termination Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, these Conditions or the relevant Final Terms;

  • Early Termination Payment is defined in Section 4.3(b) of this Agreement.

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Estimated Swap Termination Payment means, with respect to an Early Termination Date, an amount determined by Party A in good faith and in a commercially reasonable manner as the maximum payment that could be owed by Party B to Party A in respect of such Early Termination Date pursuant to Section 6(e) of the ISDA Master Agreement, taking into account then current market conditions.

  • Automatic Early Termination provision of Section 6(a) will not apply to Party A and will not apply to Party B.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Early Termination Charge means, with respect to any 2016-B Lease that is terminated prior to its Maturity Date, an amount equal to the lesser of (a) the present value (discounted at the implicit rate of such 2016-B Lease) of all remaining Monthly Payments and (b) the excess, if any, of the adjusted 2016-B Lease balance over the related 2016-B Vehicle’s fair market wholesale value in accordance with accepted practices in the automobile industry (or by written agreement between the Servicer, on behalf of the Titling Trust, and the Lessee).

  • Early Termination Fee has the meaning set forth in Section 7.2.

  • Loan Termination Date means the earliest to occur of the following: (i) as to the REVOLVING NOTES, November 1, 2012, as to the TERM NOTES, October 31, 2016, (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date ADMINISTRATIVE AGENT has received (a) notice in writing from BORROWER of BORROWER’s election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Swap Termination Payment Upon the designation of an “Early Termination Date” as defined in the Swap Agreement, the payment to be made by the Swap Administrator to the Swap Provider from payments from the Trust Fund, or by the Swap Provider to the Swap Administrator for payment to the Trust Fund, as applicable, pursuant to the terms of the Swap Agreement.

  • Early Termination Event has the meaning specified in Section 9.2.

  • Early Termination Effective Date is defined in Section 4.2 of this Agreement.

  • Early Termination Rate means the lesser of (i) 6.5% per annum, compounded annually, and (ii) LIBOR plus 100 basis points.

  • Last Monthly Benefit means the gross Monthly Benefit payable to the Insured Employee immediately prior to death. Any reductions for Other Income Benefits, or for earnings the Insured Employee received for Partial Disability Employment, will not apply.

  • Early Termination means the Termination of Employment before Normal Retirement Age for reasons other than death, Disability, Termination for Cause or following a Change of Control.

  • Early Termination Notice is defined in Section 4.2 of this Agreement.

  • Early Termination Schedule is defined in Section 4.2 of this Agreement.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Lease Termination Date means the last day of the Lease Term.

  • Defaulted Swap Termination Payment Any Swap Termination Payment required to be paid by the Trust to the Swap Provider pursuant to the Interest Rate Swap Agreement as a result of an Event of Default (as defined in the Interest Rate Swap Agreement) with respect to which the Swap Provider is the defaulting party or a Termination Event (as defined in the Interest Rate Swap Agreement) (other than Illegality or a Tax Event that is not a Tax Event Upon Merger (each as defined in the Interest Rate Swap Agreement )) with respect to which the Swap Provider is the sole Affected Party (as defined in the Interest Rate Swap Agreement).

  • Accretion Termination Date As defined in the Series Supplement.

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.