Partial Amortization Period definition

Partial Amortization Period means, unless the Scheduled Amortization Period or the Early Amortization Period shall have commenced prior thereto, a period beginning on the first day of the Monthly Period specified in the notice delivered by the Issuer in accordance with Section 4.03, and ending upon the earlier to occur of (i) the commencement of the Scheduled Amortization Period or the Early Amortization Period and (ii) the last day of the Monthly Period related to the Distribution Date on which the applicable Partial Amortization Amount shall have been paid in full.

Partial Amortization Period means, a period beginning on and including a Pool Non-compliance Date and ending on but excluding the earlier of (a) the first date thereafter on which the Net Receivables Balance equals or exceeds the Required Net Receivables Balance and (b) the fifth consecutive Business Day following the occurrence of such Pool Non-compliance Date.

Partial Amortization Period means a period on which a Group Purchase Limit Excess exists and ending on the earlier of (a) the earliest date on which no Group Purchase Limit Excess exists or (b) the commencement of the Early Amortization Period.

Examples of Partial Amortization Period in a sentence

• Application of Principal Collections During Scheduled Partial Amortization Period or Early Amortization Period.

• Thereafter until the commencement of an Amortization Period for a Series, an Early Amortization Period for a Series or the Partial Amortization Period, the Floating Allocation Percentage for each Series and the Transferor Percentage, and through the recomputations thereof the Certificateholders' Interest for each Series and the Transferor Interest, shall be recomputed by the Servicer as of the close of business of the Servicer on each Business Day.

• Thereafter until the commencement of the Amortization Period or Partial Amortization Period, the Floating Allocation Percentage for each Series and the Transferor Percentage, and through the recomputations thereof the Certificateholders' Interest for each Series and the Transferor Interest, shall be recomputed by the Servicer as of the close of business of the Servicer on each Business Day.

• Thereafter until the commencement of the Amortization Period or Partial Amortization Period, the Floating Allocation Percentage for each Series and the Transferor Percentage, and through the recomputations thereof the Certificateholders' Interest for each Series and the Transferor Interest, shall be automatically recomputed by the Servicer as of the close of business of the Servicer on each Business Day.

• On each Deposit Date during the Scheduled Amortization Period, the Partial Amortization Period and the Early Amortization Period, the Servicer shall cause an amount equal to the Investor Principal Collections for such Deposit Date to be allocated to Series 2008-CP-1 for application as provided in Section 4.05(c).

More Definitions of Partial Amortization Period

Partial Amortization Period contained in Section 1.01 of the Series Supplement is hereby deleted in its entirety, and the following substituted therefor:

Partial Amortization Period means the period beginning on the Partial Amortization Commencement Date and ending on the date upon which the Excess Outstanding Certificate Amount has been reduced to $0.

Partial Amortization Period means (i) a period after the date on which a Group Purchase Limit Excess exists and ending on the earlier of (a) the earliest date on which no Group Purchase Limit Excess exists or (b) the commencement of the Scheduled Amortization Period or the Early Amortization Period or (ii) a period after the date on which a Required Distribution Event occurs and ending on the earlier of (a) the earliest date on which the Series 2008-1 Required Distribution Amount has been paid to the Class A Noteholders or (b) the commencement of the Scheduled Amortization Period or the Early Amortization Period.

Partial Amortization Period means, unless the Transferor shall have initiated a Cure Period or an Early Amortization Period or the Amortization Period shall have commenced prior thereto, the period beginning on a Pool Noncompliance Date and continuing each day thereafter until the earlier of (a) the date on which the Net Receivables Balance shall be equal to or greater than the Required Net Receivables Balance and (b) the tenth consecutive day following such Pool Non-compliance Date; PROVIDED, HOWEVER, that, with the consent of 33.33% or more of the Certificateholders (by Invested Amount) of all outstanding Series (provided to the Trustee on or before such tenth day), such Partial Amortization Period shall continue until the earlier of (x) the fifth consecutive day following such tenth day and (y) the day on which the Net Receivables Balance equals or exceeds the Required Net Receivables Balance.

Partial Amortization Period means, unless the Scheduled Amortization Period or the Early Amortization Period shall have commenced prior thereto, a period beginning on the day specified in the notice delivered by the Issuer in accordance with Section 4.03 or the date of a Non-Renewing Purchaser's Purchase Expiration Date (as defined in the Class A Note Purchase Agreement), and ending upon the first to occur of (i) the commencement of the Scheduled Amortization Period or the Early Amortization Period and (ii) the last day of the Monthly Period related to the Payment Date on which the applicable Partial Amortization Amount shall have been paid in full.

Partial Amortization Period means any date on which the Total Investment is greater than the Total Investment Limit.

Partial Amortization Period means, with respect to any Series, the period specified as such in the related Series Supplement.