Monthly Transfer Date definition

Monthly Transfer Date means the 20th day of each calendar month commencing with July 20, 2001; provided, however, that if any such day shall not be a Business Day, then the Monthly Transfer Date means the next succeeding Business Day.

Monthly Transfer Date means the last Business Day of each calendar month commencing on the first such day occurring on or after the Term Conversion Date.

Monthly Transfer Date means the last Business Day of each month.

Examples of Monthly Transfer Date in a sentence

• Thereafter, SPS shall be eligible to receive Eligible Loans without regard to the Active Loan Cap if at any Monthly Transfer Date after 90 days after the Acceptance Date, SPS is the only Approved Subservicer and the Trustees consent to such transfer; provided, however, that the transfer of loans to SPS scheduled for December 1, 2013 shall be cancelled, but additional loans may be transferred as of January 1, 2014 and thereafter.

• Mandatory prepayments to be made with Distribution Sweep Proceeds shall be made on the Monthly Transfer Date immediately following the relevant Semi-Annual Date or on the following Interest Period in respect of LIBOR Loans but in no event later than three months after such Monthly Transfer Date.

• On each Monthly Transfer Date, if a BBETC Event has occurred and is continuing, the Borrower shall prepay the Term Loan in an amount that is required to satisfy the requirements of clause ninth of Section 4.01(d) of the Collateral Agency Agreement.

• Any amounts on deposit in the Major Maintenance Reserve Account in excess of the Major Maintenance Reserve Required Balance shall be transferred to the Revenue Account to be applied, on the next succeeding Monthly Transfer Date, pursuant to Section 5.03(b).

• Subject to Section 4.13 hereof, on each Monthly Transfer Date or Restricted Payment Date (as applicable), the Collateral Agent shall make transfers from the funds on deposit in the applicable subaccount of the Suspended Distributions Account in accordance with Sections 4.1(b) and 4.6(d).

More Definitions of Monthly Transfer Date

Monthly Transfer Date has the meaning assigned to it in the Collateral Agency Agreement.

Monthly Transfer Date has the meaning assigned to such term in the P1 Accounts Agreement.

Monthly Transfer Date means (a) December 31, 2009, (b) thereafter, the last Business Day of each succeeding calendar month, and (c) the Maturity Date.

Monthly Transfer Date has the meaning given such term in the Amended and Restated Security Deposit Agreement.

Monthly Transfer Date meanx xxx last Business Day of each month of each Fiscal Year, commencing with the first such day occurring after the Closing Date.

Monthly Transfer Date has the meaning assigned to it in Appendix A to the MSA. “Moody’s” means Xxxxx’x Investor Services, Inc. and any successor thereto.

Monthly Transfer Date means any day falling either (i) on the first (1st) day, seventh (7th), fourteenth (14th), or twenty-first (21st) day of each month, or, if such day is not a Business Day, the next succeeding Business Day or (ii) such other date as agreed by the Administrative Agent and the Borrower, provided that in each of (i) and (ii), the Monthly Transfer Date shall not occur (A) more than four times per calendar month in respect of Working Capital Borrowings and (B) more than once per calendar month in respect of Term Loan Borrowings.