Examples of Rapid Amortization Commencement Date in a sentence
If an “Early Amortization Event” shall occur under the Base Indenture, then the Rapid Amortization Commencement Date shall occur without any notice or other action on the part of any party hereto immediately upon the occurrence of such event.
Notwithstanding the amendment and restatement of the October 2002 Series 2001-A Supplement, nothing herein shall be deemed to waive any Series 2001-A Rapid Amortization Event or any Rapid Amortization Commencement Date with respect to the Series 2001-A that has occurred and is continuing or any liability or obligation that accrued under the October 2002 Series 2001-A Supplement or the Master Trust Agreement prior to and all of which shall survive the Third Closing Date.
From but excluding the Series Cut-Off Date to, but excluding, the earlier to occur of (i) the Accumulation Commencement Date or (ii) the Rapid Amortization Commencement Date.
On and after the Rapid Amortization Commencement Date, the Administrative Agent shall have the right to allocate outstanding Loans, if any, to Interest Accrual Periods of such duration as shall be selected in writing by the Administrative Agent at the written direction of the Required Lenders.
The Rapid Amortization Commencement Date shall occur without any notice or other action on the part of any party hereto if an “Early Amortization Event” under the Base Indenture occurs.