Trust Commencement Date definition

Trust Commencement Date means [February 22, 2023], which date will be the date when the Trustor of the First Trust entrusts the Initial Auto Loan Receivables to the Trustee of the First Trust.
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Examples of Trust Commencement Date in a sentence

  • The main assets of the First Trust, the Auto Loan Receivables, are to be entrusted by the Trustor of the First Trust on the Trust Commencement Date.

  • The Trustee of the First Trust will establish (on or before the Trust Commencement Date) the Trust Management Account with a Qualified Bank and the ledgers as set forth in the First Trust Agreement in the Trust Management Account.

  • The Loan Receivables are to be entrusted on the Drawdown Date to the Trustee of the Second Trust, which will be the Trust Commencement Date of the Second Trust.

  • The assets which are provided by Article 16 of the Trust Act, as trust assets, will be the Trust Assets of the Second Trust after the Trust Commencement Date of the Second Trust.

  • Under the Second Trust, no assets are scheduled to be entrusted after the Trust Commencement Date of the Second Trust.

  • After the Trust Commencement Date, but during the Revolving Period, the Additional Auto Loan Receivables will be entrusted by the Trustor of the First Trust.

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  • Other assets belonging to the Trust Assets of the First Trust after the Trust Commencement Date are the investment earnings from Eligible Investments and assets which are provided by Article 16 of the Trust Act, as trust assets.

  • As soon as is practicable after the Trust Commencement Date, the Trustees shall take all necessary steps to ensure that the financial year end date of the Trust is set to coincide with the first anniversary of the last day of the calendar month in which the Effective Date falls.

  • The Founders establish the Trust by donating R200 (two hundred Rand) on the Trust Commencement Date to the Trustees in their capacity as such, which donation shall be irrevocable.

Related to Trust Commencement Date

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

  • Pay Out Commencement Date means the date on which a Trust Pay Out Event is deemed to occur pursuant to Section 9.01 of the Agreement or a Series 2001-D Pay Out Event is deemed to occur pursuant to Section 7 hereof.

  • Recommencement Date As defined in Section 6(d) hereof.

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Commencement Date means the date of this Agreement;

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Annuity Commencement Date is the first day of the month an annuity begins under this contract. This date may not be later than the date a Participant's periodic benefits are required to commence under the Code.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Payment Commencement Date means the date payments of amounts deferred begin pursuant to Article III, Section 6.

  • Rent Commencement Date means [Insert date or description] or any later date calculated in accordance with paragraph 3.3 of Part 5 of the Schedule;

  • Loan Commencement Date means, with respect to each Growth Capital Loan: (a) the first day of the first full calendar month following the Borrowing Date of such Loan if such Borrowing Date is not the first day of a month; or (b) the same day as the Borrowing Date if the Borrowing Date is the first day of a month.

  • Lease Commencement Date means the Closing Date. The “Lease Expiration Date” shall mean the later of (i) the date of the final payment in full of the French Advances and (ii) the Vehicle Lease Expiration Date for the last Lease Vehicle leased by the Lessee hereunder. The “Term” of this Agreement shall mean the period commencing on the Lease Commencement Date and ending on the Lease Expiration Date.

  • Construction Commencement Date means the date set out in the Addendum, if applicable, by which you must commence construction of the Hotel. For the Hotel to be considered under construction, youmust have begun to pour concrete foundations for the Hotel or otherwise satisfied any site-specific criteria for “under construction” set out in the Addendum.

  • Policy Commencement Date means the date of commencement of the Policy as specified in the Schedule.

  • Offer Commencement Date means the date on which Purchaser commences the Offer, within the meaning of Rule 14d-2 under the Exchange Act.

  • Benefit Commencement Date means, for any Participant or beneficiary, the date as of which the first benefit payment, including a single sum, from the Participant’s Account is due, other than pursuant to a withdrawal under Article VIII.

  • Offering Commencement Date means the first day of each Offering Period.

  • Term Commencement Date shall be the later of (i) November 1, 2006 or (ii) the date on which Landlord’s Work is Substantially Complete (or the date on which Landlord’s Work would have been Substantially Complete absent Tenant Delay or Force Majeure (as defined below)); provided, however, that if the Term Commencement Date is not the first day of a calendar month, then the first lease year shall be extended through the last day of the calendar month in which the first 12-month period expires, and Rent for the additional period at the end of the first lease year shall be payable at the rate for the 12th month of the Term. “Force Majeure” means accident; breakage; repair; governmental regulation, moratorium or other governmental action. The “Term Expiration Date” shall be the day immediately preceding the seventh (7th) anniversary of the Term Commencement Date, provided that if such preceding day is not the last day of a calendar month, then the Term Expiration Date shall be the last date of the calendar month in which such preceding day occurs. Landlord and Tenant shall each execute and deliver to the other written acknowledgment of the actual Term Commencement Date and the Term Expiration Date when such are established, and shall attach it to this Lease as Exhibit B. Failure to execute and deliver such acknowledgment, however, shall not affect the Term Commencement Date or Landlord’s or Tenant’s liability hereunder. Failure by Tenant to obtain validation by any medical review board or other similar governmental licensing of the Premises required for the Permitted Use by Tenant shall not serve to extend the Term Commencement Date.

  • commencement day means the day on which the State Administrative Tribunal (Conferral of Jurisdiction) Amendment and Repeal Act 2004 Part 2 Division 29 comes into operation;

  • Billing Commencement Date means the earlier of:

  • Service Commencement Date means the date the Transmission Provider begins to provide service pursuant to the terms of an executed Service Agreement, or the date the Transmission Provider begins to provide service in accordance with Tariff, Part II, section 15.3 or Tariff, Part III, section 29.1.

  • the commencement date means the date on which the Contract shall take effect, as notified by the Authority to the Contractor in a letter awarding the Contract.

  • Employment Commencement Date means the date on which the Employee first performs an Hour of Service.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Reemployment Commencement Date means the first day following a One-Year Period of Severance on which an Employee is entitled to be credited with an Hour of Service described in Paragraph (a)(1) of the definition of “Hour of Service” in this Article.