Examples of Special Determination Date in a sentence
In the event that on the Special Determination Date the Subsequent Pool Pre-Funded Amount, after giving effect to the purchase of any Subsequent Pool Student Loans on such date, is greater than zero but less than or equal to $10,000,000, the Class A-1 Notes will be redeemed in an amount equal to such Subsequent Pool Pre-Funded Amount.
In addition, the Call Notice shall include the date set for the closing of such purchase, which date shall be no later than 30 days following the delivery of such Call Notice, subject to extension to the extent necessary to obtain any required antitrust or other required governmental approvals, which the Converting Holder and such Principal Holders shall use their respective reasonable best efforts to obtain as promptly as practicable (the "Special Determination Date").
The Seller covenants to transfer on the Special Determination Date to the Eligible Lender Trustee on behalf of the Issuer pursuant to paragraph (a) above Delayed Delivery Loans with an aggregate principal balance substantially equal to the Delayed Delivery Loan Funding Account Closing Date Deposit.
There will be no material changes made to either Schedule A or Schedule B to this Agreement (with respect to the Initial Financed Student Loans or the Subsequent Pool Student Loans) prior to the Special Determination Date without the acknowledgement of the Rating Agencies that such material change will not affect the ratings assigned to any Class of the Notes (without regard to the Securities Guaranty Insurance Policy).
In the event that on the Special Determination Date the amount on deposit in the Delayed Delivery Loan Funding Account, after giving effect to the purchase of any Delayed Delivery Loans on such date, is greater than zero but less than or equal to $10,000,000, the Class A-1 Notes will be redeemed in an amount equal to such amount on deposit in the Delayed Delivery Loan Funding Account.