Prefunding Period definition

Prefunding Period. With respect to each Prefunding Account, the period from the Closing Date until the earliest of (i) the date on which the aggregate amounts on deposit in such Prefunding Account are reduced to zero, or (ii) an Event of Default occurs or (iii) the Business Day immediately preceding the last Distribution Date occurring within 90 days following the Closing Date.
Prefunding Period means the period commencing on the Closing Date and ending on the Prefunding Termination Date.
Prefunding Period. Not Applicable.

Examples of Prefunding Period in a sentence

  • There shall be no Prefunding Period with respect to the Series 2024-1 Notes, and no Prefunding Account or Yield Maintenance Reserve Account shall be established with respect to the Series 2024-1 Notes.


More Definitions of Prefunding Period

Prefunding Period means with respect to any Series that has funded a Prefunding Account, the period commencing on the Closing Date of such Series and ending on the date specified in the Series Supplement for such Series.
Prefunding Period means, with respect to any Prefunding Date, the period from such date to the succeeding Prefunding Date.
Prefunding Period means, with respect to each Advance made on each Prefunding Date pursuant to this Agreement, the period commencing on and including the Prefunding Date related to such Advance and ending on the next succeeding Business Day.
Prefunding Period. The period from and including the Closing Date to and including the earlier of (i) December 15, 2023 and (ii) the occurrence and continuance of a Rapid Amortization Event that is not waived by a Majority of the Controlling Class.
Prefunding Period means with respect to any Series that has funded a Prefunding Account, the period commencing on the Closing Date of such Series and ending on the date specified in the Series Indenture Supplement for such Series.
Prefunding Period with respect to any series of Notes shall have the meaning set forth in the related Supplemental Indenture.
Prefunding Period. Means the period beginning on the Closing Date and ending on the earlier of (a) the day immediately preceding the third Payment Date and (b) the occurrence of an Event of Default that results in acceleration of the Notes and is not waived or cured on or before the next Payment Date.