Parity Date definition

Parity Date means the first Quarterly Payment Date on which the aggregate principal amount of the Notes, after giving effect to all distributions on such date, is no longer in excess of the Pool Balance as of the last day of the related Collection Period.

Parity Date means the point in time at which the sum of the aggregate outstanding principal amount of the Notes and the outstanding principal balance of the Certificates is equal to the sum of the Pool Balance and the Pre-Funded Amount.

Parity Date means the first Quarterly Payment Date on which the aggregate principal amount of the Notes, after giving effect to all distributions on such date, is no longer in excess of the sum of the Pool Balance plus the amount on deposit in the Prefunding Account as of the last day of the related Collection Period.

Examples of Parity Date in a sentence

• Notwithstanding anything herein to the contrary, upon the occurrence of the Construction Cost Discount Parity Date, as determined in accordance with Schedule 4, Seller shall have the right to require that SSS transfer the Wet Plant to Seller without charge, and SSS shall undertake such transfer.

• Parity: Date of detailed scan: EDD: Weight in kg: BMI:In order to provide appropriate information for the fetal cardiac scan, please see below for the type of referral required.

• Section 1.1 Parity Date.....................................................................

• Also, on or prior to the Parity Date no Applied Realized Loss Amount will be applied to a Class of Notes.

• A Flower 7.Top Flower Plc8.Metrolux1.Joe Flower, 2.Holeta Rose, 3.Top Flower Plc 4.A.Flower5.

More Definitions of Parity Date

Parity Date means the date, if any, on which the Class M Certificates and the Class B Certificates have been reduced to zero.

Parity Date means the Distribution Date on which the aggregate principal balance of the Notes (after giving effect to all distributions pursuant to Section 5.05(c) of the Sale and Servicing Agreement)equals the sum of the Pool Balance and amounts on deposit in the Pre-Funding Account as of the last day of the related Collection Period.

Parity Date means the Distribution Date on which the aggregate principal balance of the Notes and Certificates (after giving effect to all distributions pursuant to Section 5.05(c) of the Sale and Servicing Agreement) equals the sum of the Pool Balance and amounts on deposit in the Pre-Funding Account as of the last day of the related Collection Period.

Parity Date. With respect to each Class of Class A Notes and the related Pool, the Payment Date on which the related Pool Balance first equals or exceeds the outstanding principal balance with respect to such Class of Class A Notes.

Parity Date means the first Quarterly Payment Date on which the sum of (a) the aggregate principal amount of the Notes and (b) the Certificate Balance of the Certificates, after giving effect to all distributions on such date, is no longer in excess of the sum of (x) the Pool Balance and (y) the amount on deposit in the Reserve Account, each as of the last day of the related Collection Period.

Parity Date means the first Primary Payment Date on which the Class A Note Principal Amount as of such Primary Payment Date, after giving effect to all distributions on the Class A-1 Notes and deposits to the Class A-2 Distribution Account on such date, is less than or no more than $9,999 in excess of, the Pool Balance as of the last day of the related Collection Period.

Parity Date. With respect to each Class of Securities and the related Pool, the Payment Date on which the related Pool Balance first equals or exceeds the outstanding principal balance with respect to such Class of Securities.