Examples of Stated Series Termination Date in a sentence
Upon such Stated Series Termination Date with respect to the applicable Series of Certificates, final payment of all amounts allocable to any Investor Certificates of such Series shall be made in the manner provided in Section 12.3.
Upon such Stated Series Termination Date with respect to the applicable Series of Certificates, final payment of all amounts allocable to any Investor Certificates of such Series shall be made in the manner provided in Section 12.03 of the Agreement.
Subject to certain conditions in the Agreement, if the Invested Amount is greater than zero on the [__________] Distribution Date (the "Stated Series Termination Date"), the Trustee shall sell or cause to be sold an amount of Receivables up to 110% of the Invested Amount at the close of business on such date, but not more than the total amount of Receivables allocable to the Series 1998-1 Certificates, and apply the proceeds of such sale as provided in the Agreement and the Series Supplement.
After the Stated Series Termination Date, the Trust will have no further obligation to pay principal or interest on the Certificates.
Each of the Class A Interest Rate Cap and the Class B Interest Rate Cap provides that it will terminate on the earlier of the day the outstanding principal balance of the Class A Certificates or the Class B Certificates, as applicable, is reduced to zero and the day following the Stated Series Termination Date.