Prepayment Record Date definition

Prepayment Record Date means, with respect to the date of any Series 2018-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2018-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2018-1 Prepayment, in which case the “Prepayment Record Date” will be the last day of the second calendar month immediately preceding the date of such Series 2018-1 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2019-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2019-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2019-1 Prepayment, in which case the “Prepayment Record Date” will be the last day of the second calendar month immediately preceding the date of such Series 2019-1 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2022-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2022-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2022-1 Prepayment, in which case the “Prepayment Record Date” will be the date that is ten (10) Business Days prior to the date of such Series 2022-1 Prepayment.

Examples of Prepayment Record Date in a sentence

• The Co-Issuers shall notify the Trustee and the Servicer on or before the Prepayment Record Date preceding a Series 2018-1 Prepayment Date that will be the Series 2018-1 Final Payment Date.

• The Trustee shall provideany written notice required under this Section 3.6(l) to each Person in whose name a Series 2018-1 Class A-1 Note is registered at the close of business on such Prepayment Record Date of the Series 2018-1 Prepayment Date that will be the Series 2018-1 Final Payment Date.

• The Trustee shall provide any written notice required under this Section 3.5(i) to each Person in whose name such Series 2022-1 Notes are registered at the close of business on such Prepayment Record Date of the Series 2022-1 Prepayment Date that will be the Series 2022-1 Final Payment Date for such Class of Notes.

• The Trustee shall provide any written notice required under this Section 3.5(g) to each Person in whose name such Series 2020-2 Class M-2 Notes are registered at the close of business on such Prepayment Record Date of the Series 2020-2 Class M-2 Prepayment Date that will be the Series 2020-2 Final Payment Date for such Class of Notes.

• The Trustee shall provide any written notice required under this Section 3.6(l) to each Person in whose name a Series 2019-1 Note is registered at the close of business on such Prepayment Record Date of the Series 2019-1 Prepayment Date that will be the Series 2019-1 Final Payment Date.

More Definitions of Prepayment Record Date

Prepayment Record Date means, with respect to the date of any Series 2013-1 Prepayment, the Record Date immediately preceding the date of the associated Series 2013-1 Prepayment unless such immediately preceding Record Date is less than 10 Business Days prior to the date of the associated Series 2013-1 Prepayment, in which case the “Prepayment Record Date” will be the second Record Date immediately preceding the date of the associated Series 2013-1 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2020-2 Class M-2 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2020-2 Class M-2 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2020-2 Class M-2 Prepayment, in which case the “Prepayment Record Date” will be the date that is ten (10) Business Days prior to the date of such Series 2020-2 Class M-2 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2018-1 Class A-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2018-1 Class A-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2018-1 Class A-1 Prepayment, in which case the “Prepayment Record Date” will be the last day of the second calendar month immediately preceding the date of such Series 2018-1 Class A-1 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2023-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2023-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2023-1 Prepayment, in which case the “Prepayment Record Date” will be the date that is ten (10) Business Days prior to the date of such Series 2023-1 Prepayment.

Prepayment Record Date means, with respect to (i) any Series 2016-1 Prepayment Date that is not a Quarterly Payment Date, the close of business on the fifteenth (15) day prior to the date of such Series 2016-1 Prepayment (without regard to whether such day is a Business Day), and (ii) any Series 2016-1 Prepayment Date that is on the same day as a Quarterly Payment Date, the Record Date.

Prepayment Record Date means, with respect to the date of any Series 2022-1 Prepayment, the Business Day prior to the date of such Series 2022-1 Prepayment.

Prepayment Record Date means, with respect to the date of any Series 2024-1 Prepayment, the Business Day prior to the date of such Series 2024-1 Prepayment.