Special Distribution Date definition

Special Distribution Date means, with respect to any Special Payment, the Business Day chosen by the Subordination Agent pursuant to Section 2.04(a) for the distribution of such Special Payment in accordance with this Agreement.

Special Distribution Date. Means, with respect to the Certificates of any series, each date on which a Special Payment is to be distributed as specified in this Agreement.

Special Distribution Date. Means each date on which a Special Payment is to be distributed as specified in this Agreement; provided, however, that, if any such day shall not be a Business Day, the related distribution shall be made on the next succeeding Business Day without additional interest.

Examples of Special Distribution Date in a sentence

• The Trustee shall mail notice of each Special Payment and the Special Distribution Date therefor to the Certificateholder of this Certificate.

• If a Regular Distribution Date or Special Distribution Date is not a Business Day, distribution shall be made on the immediately following Business Day with the same force and effect as if made on such Regular Distribution Date or Special Distribution Date and no interest shall accrue during the intervening period.

• All income and earnings from such investments shall be distributed on such Special Distribution Date as part of such Special Payment.

• Any investment made pursuant to this Section 4.04 shall be in such Permitted Investments having maturities not later than the date that such moneys are required to be used to make the payment required under Section 4.02 on the applicable Special Distribution Date and the Trustee shall hold any such Permitted Investments until maturity.

• In the case of any other Special Payments, such notice shall be mailed as soon as practicable after the Trustee has confirmed that it has received funds for such Special Payment, stating the Special Distribution Date for such Special Payment which shall occur not less than 15 days after the date of such notice and as soon as practicable thereafter.

More Definitions of Special Distribution Date

Special Distribution Date shall have the meaning specified in Section 5 hereof.

Special Distribution Date. Has the meaning specified in Article I to the Series Supplement.

Special Distribution Date. Means, with respect to the Class AA Certificates, each date on which a Special Payment is to be distributed as specified in this Agreement.

Special Distribution Date means with respect to any Special Payment: (i) the date chosen by the Subordination Agent pursuant to Section 2.4(a) for the distribution of such Special Payment in accordance with this Agreement, whether distributed pursuant to Section 2.4 or Section 3.3 hereof or (ii) the date chosen by the Subordination Agent pursuant to Section 3.7(c) or Section 3.7(e), as the case may be, for the distribution of such Special Payment in accordance with the provisions thereof.

Special Distribution Date. Hxx xxx xxanxxx xxecixxxx xx Article I to the Series Supplement.

Special Distribution Date has the meaning set forth in the Declaration.

Special Distribution Date means, with respect to the distribution of any Special Payment with respect to any Series or Class of Notes, the later of (i) the date receipt of such Special Payment is confirmed by the Certificate Trustee and (ii) the date that is the earlier of (A) if the Certificate Trustee shall have received such Special Payment without prior notice thereof, 20 days after such receipt is confirmed or (B) unless such Special Payment represents the proceeds of a sale of such Notes by the Certificate Trustee (in which event the Special Payment Date for such proceeds shall be the earliest date for which it is practicable for the Certificate Trustee to give the 20-day notice required by Section 4.02(b)), the date that is 20 days after the Certificate Trustee receives notice from the Note Issuer of the anticipated payment of such Special Payment, provided that in the event of the repurchase of the Transition Property by the Seller, the Special Distribution Date shall mean a date not later than five Business Days after receipt of such proceeds.