Monthly Funding Date definition

Monthly Funding Date means, in respect of each Month-End Required Balance Report delivered by the Reinsurer to the Ceding Company in accordance with Section 5.8, the Business Day on which the Ceding Company receives such Month-End Required Balance Report.
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Monthly Funding Date means the last day of each calendar month or, if such day is not a Business Day, the next preceding Business Day.
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Monthly Funding Date means the second to last day of each calendar month or, if such day is not a Business Day, the next preceding Business Day.
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Examples of Monthly Funding Date in a sentence

  • The Trustee shall, in accordance with clause Sixteenth of Section 5.03(b), cause amounts in the Toll Revenue Fund, to the extent available, to be deposited into the Sweep Fund on each Monthly Funding Date in the amount, if any, necessary to cause the amount on deposit in the Sweep Fund to equal $10,000,000.

  • On each Calculation Date, if Toll Revenues on any preceding Monthly Funding Date were insufficient to make the required deposits pursuant to clauses First through Sixteenth of Section 5.03(b), amounts in the Residual Fund shall be used to cover such shortfall in numerical order to the extent such funds are available.

  • The Trustee shall, in accordance with clause Fourteenth of Section 5.03(b), cause amounts in the Toll Revenue Fund, to the extent available, to be deposited into the Major Maintenance and Repair Fund on each Monthly Funding Date in an amount equal to the Scheduled Major Maintenance and Repair Fund Required Deposit as of such Monthly Funding Date.

  • On each Monthly Funding Date, the Trustee shall make deposits to the Residual Fund from the Toll Revenue Fund in accordance with clause Seventeenth of Section 5.03(b).

  • On each Monthly Funding Date, there shall be deposited in the Term Loan Debt Service Reserve Deficiency Account the amounts required pursuant to Section 3.2(c) of this Agreement.

  • N a m i n g t h e P l aza o n h is be ha lf is a fi tt i n g desig na- t io n .Th is is a fi tt i n g t r ib u t e, M r .

  • Percentage of students agreeing with statements about actions that might deter cheating.

  • Pursuant to C.R.S. § 29-2-104(5), the Clerk and Recorder is directed to publish the text of this Resolution four separate times, a week apart, in the official newspaper of the County and each city and incorporated town within the County.

  • On each Monthly Funding Date, there shall be deposited in the Bond Debt Service Reserve Deficiency Account the amounts required pursuant to Section 3.2(c) of this Agreement.

  • The amount of security required to be provided by the Reinsurer hereunder shall be adjusted (i) (A) on each Monthly Funding Date, based on the applicable Adjusted Month-End Required Balance and [***]; and (ii) based on the aggregate Statutory Book Value and/or aggregate Fair Market Value (as applicable) of Eligible Assets in the Trust Account as of the end of the applicable Valuation Date [***].


More Definitions of Monthly Funding Date

Monthly Funding Date means the first day of each calendar month or, if such day is not a Business Day, the immediately following Business Day.
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Monthly Funding Date means, in respect of each Month-End Required Balance Report [***] the date that is [***] from the date on which the Ceding Company receives such Month-End Required Balance Report. [***]
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Monthly Funding Date shall have the meaning set forth in Section 2(c) hereof.
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Related to Monthly Funding Date

  • Initial Funding Date means the date on or after the Closing Date, on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

  • Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the September 2003 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the March 2004 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferors may determine by written notice to the Trustee and the Servicer. For this purpose, the "Excess Spread Percentage" for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Delayed Draw Funding Date means any date on which the Delayed Draw Term Loans are funded hereunder, which shall in no event be later than the Delayed Draw Term Loan Commitment Termination Date.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Monthly Date means the last Business Day of each calendar month.

  • Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2027.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Amortization Date means the earliest to occur of (i) the day on which any of the conditions precedent set forth in Section 6.2 are not satisfied, (ii) the Business Day immediately prior to the occurrence of an Event of Bankruptcy with respect to any Seller Party, (iii) the Business Day specified in a written notice from the Administrator following the occurrence of any other Amortization Event, and (iv) the date which is 30 days after the Administrator’s receipt of written notice from Seller that it wishes to terminate the facility evidenced by this Agreement.

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Accumulation Reserve Funding Period shall not apply if the Calculation Agent on behalf of the Issuer notifies the Indenture Trustee that it expects the Accumulation Period Length to be adjusted to one (1) month, and otherwise shall mean a period commencing on the first Distribution Date on which a condition in the right column of the following table was in effect on the immediately preceding Distribution Date, if the Distribution Date is a Distribution Date described in the corresponding left column of the following table, and ending on the Distribution Date immediately preceding the earlier to occur of:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit pursuant to Section 6.01 hereof.

  • Interest Funding Account means the trust account designated as such and established pursuant to Section 5.01(a).

  • Excess Funding Account shall have the meaning specified in Section 4.02.