Recovery Election Date definition

Recovery Election Date means the Group 1 Recovery Election Date or the Group 2 Recovery Election Date, as applicable.
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Recovery Election Date means the Termination Date, if Written-down Notes exist on such date.
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Examples of Recovery Election Date in a sentence

  • See "Description of the Notes — Recovery Election Dates." Recovery Election Date The Recovery Election Date for a Group of Notes will bethe related Group Termination Date, if Written-down Notes exist in that Group of Notes on such date.

  • In addition, on the Group 1 Recovery Election Date, if any, the Holders of Written-down Group 1 Notes may elect either (x) to receive their proportionate shares of the Group 1 Projected Recovery Amount on the Group 1 Recovery Election Date or (y) to receive their proportionate shares of the Group 1 Liquidation Recovery Amount on the Group 1 Liquidation Date.

  • If there are unrecovered losses on any Notes as of the related Recovery Election Date, holders of those Notes will be entitled to certain projected recovery payments on that date or, alternatively, certain liquidation payments 30 months following such date, subject to the conditions described in "RECOVERY ELECTION DATES."The Reference Obligations will be divided into two "Loan Groups".

  • The Assistant Director for Adult and Family Services may waive the limit in special circumstances.

  • The Notes will be issued at par and, except for the Class 1M-2I and Class 2M-2I Notes, will be 12.5-year, uncapped LIBOR-based floaters.On the Recovery Election Date, if any, for a Group, the Class Principal Balances of all outstanding Notes in that Group will be paid in full.

  • In addition, on the Group 2 Recovery Election Date, if any, the Holders of Written-down Group 2 Notes may elect either (x) to receive their proportionate shares of the Group 2 Projected Recovery Amount on the Group 2 Recovery Election Date or (y) to receive their proportionate shares of the Group 2 Liquidation Recovery Amount on the Group 2 Liquidation Date.

  • Fannie Mae will make monthly payments of accrued interest and periodic payments of principal to the Noteholders.The Notes will be issued at par and will be 12.5-year, uncapped LIBOR-based floaters.On the Recovery Election Date, if any, for a Group, the Class Principal Balances of all outstanding Notes in that Group will be paid in full.

  • Otherwise, those Holders who so elect to receive the Group 1 Projected Recovery Amount will receive their proportionate shares of such amount on the Group 1 Recovery Election Date and each Holder not electing to receive the Group 1 Projected Recovery Amount (including any Holder who makes no election) will receive its proportionate share of the Group 1 Liquidation Recovery Amount on the Group 1 Liquidation Date.

  • In addition, on the Connecticut Avenue Securities, Series 2015-C04 CONFIDENTIAL PRELIMINARY TERM SHEET Recovery Election Date, if any, for a Group of Notes, Holders of Written-down Notes may elect either (x) to receive their proportionate shares of the related Projected Recovery Amount on such Recovery Election Date or (y) to receive their proportionate shares of the Liquidation Recovery Amount on the applicable Liquidation Date.

  • If there are unrecovered losses on any Offered Notes as of the related Recovery Election Date, holders of those Notes will be entitled to certain projected recovery payments on that date or, alternatively, certain liquidation payments 30 months following such date, subject to the conditions described in "RECOVERY ELECTION DATES."The Reference Obligations will be divided into two "Loan Groups".

Related to Recovery Election Date

  • Election Date has the meaning specified in Section 3.12(h).

  • Primary election means any regular primary election held under the election

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Excess Cash Flow Payment Date means the date occurring 90 days after the last day of a fiscal year of the Parent (commencing with its fiscal year ending December 31, 2000).

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Selection Date means, with respect to each New Account, the date on which such New Account is originated.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Leave application date means the date on which a person granted stateless leave made an application to remain in the UK as a stateless person under the immigration rules (within the meaning given in section 33(1) of the Immigration Act 1971).

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Class A-4 Final Scheduled Distribution Date means January 17, 2023.

  • Scheduled Distribution means the distribution set forth in Section 4.1.

  • Collection Date The date following the Termination Date on which the Aggregate Unpaids have been reduced to zero and indefeasibly paid in full.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Election Year means a year in which ordinary elections for local governments are required to be held;