Trust Extension definition

Trust Extension shall have the meaning specified in subsection 12.1(a).

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Trust Extension shall have the meaning specified in subsection 12.1(a). --------------- ------------------ "Trust Pay Out Event" shall have, with respect to each Series, the meaning ------------------- specified in Section 9.1. -----------

Trust Extension shall have the meaning specified in subsection 12.01(a). “Trust Pay Out Event” shall have, with respect to each Series, the meaning specified in Section 9.01.

Examples of Trust Extension in a sentence

• The Servicer and the Holder of the Exchangeable Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Servicer and the Holder of the Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Servicer and the Holder of the Seller Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Transferor and the Holder of the Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Servicer and the Holder of the Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee and each Credit Enhancement Provider changing the Extended Trust Termination Date.

• The Transferor and the Holder of the Exchangeable Transferor Security may, on any date following the Trust Extension, so long as no Series of Securities is outstanding, deliver a notice in writing to the Trustee and the Servicer changing the Extended Trust Termination Date.

• The Servicer and the Holder of the Exchangeable Transferor Security may, on any date following the Trust Extension, so long as no Series of Securities is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Servicer and the Holder of the Transferor Certificate may, on any date following the date on which a Trust Extension is given, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date (subject to the second proviso in the preceding sentence).

• The Master Servicer and the Holder of the Exchangeable Transferor Certificate may, on any date following the Trust Extension, so long as no Series of Certificates is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

• The Servicer and the holder of the Exchangeable Transferor Certificate may, on any date following the Trust Extension, so long as no Series is outstanding, deliver a notice in writing to the Trustee changing the Extended Trust Termination Date.

More Definitions of Trust Extension

Trust Extension shall have the meaning specified in subsection 12.1(a). "Trust Pay Out Event" shall have, with respect to each Series, the meaning specified in Section 9.1. "Trust Property" shall have the meaning specified in Section 2.1. "Trust Termination Date" shall mean the earliest to occur of (i) unless a Trust Extension shall have occurred, the day after the Distribution Date with respect to any Series following the date on which funds shall have been deposited in the Distribution Account or the applicable Series Account for the payment of Investor Securityholders of each Series then issued and outstanding sufficient to pay in full the Aggregate Invested Amount plus interest accrued at the applicable Security Rate through the end of the day prior to the Distribution Date with respect to each such Series and certain other amounts as may be specified in any Series Supplement, (ii) if a Trust Extension shall have occurred, the Extended Trust Termination Date, and (iii) the date specified in subsection 12.1(a). "Trustee" shall mean The Bank of New York (Delaware), a banking corporation organized and existing under the laws of Delaware, and its successors and any Person resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee appointed as herein provided. "UCC" shall mean the Uniform Commercial Code, as amended from time to time, as in effect in the applicable jurisdiction. "Undivided Interest" shall mean the undivided interest in the Trust evidenced by an Investor Security. "Variable Funding Securities" shall mean a Series of Investor Securities, issued pursuant to Section 6.9 and a Variable Funding Supplement, in one or more Classes. "Variable Funding Supplement" shall mean a Supplement executed in connection with the issuance of Variable Funding Securities.

Trust Extension is defined in subsection 12.1(a). "Trust Pay Out Event" is defined in Section 9.1. "Trust Termination Date" means the earliest to occur of (a) unless a Trust Extension shall have occurred, the first Business Day after the Distribution Date with respect to any Series following the date on which funds shall have been deposited in the Distribution Account or the applicable Series Account for the payment of Investor Holders of each Series then issued and outstanding sufficient to pay in full such Certificates, (b) if a Trust Extension shall have occurred, the Extended Trust Termination Date and (c) a day which is 21 years less one day after the death of the officers and the last survivor of all the lineal descendants of every officer of Trustee who are living on the date hereof; provided, however, that if at any time any rights, privileges or options under the Trust shall be or become valid under applicable law for a period subsequent to the 21st anniversary of the death of such last survivor or without limiting the generality of the foregoing, if legislation shall become effective providing for the validity or permitting the effective grant of such rights, privileges and options for a period in gross, exceeding the period for which such rights, privileges and options are stated to extend and be valid pursuant to this clause (c)), then such rights, privileges or options shall not terminate as otherwise provided in this clause (c) but, subject to the occurrence of the Trust Termination Date pursuant to clause (a) or clause (b) above, shall extend to and continue in effect, but only if such nontermination and extension shall then be valid under applicable law, until one day prior to such time as the same shall, under applicable law, cease to be valid. "Trustee" means ___________________, a [[_____________] banking corporation], and its successors and any corporation resulting from or surviving any consolidation or merger to which it or its successors may be a party and any successor trustee appointed as herein provided. "UCC" means the Uniform Commercial Code as in effect in any specified jurisdiction. "Undivided Interest" means the undivided interest in the Trust evidenced by an Investor Certificate. "Variable Interest" means either of (a) any Investor Certificate that is designated as a variable funding certificate in the related Supplement and (b) any purchased interest sold as permitted by subsection 6.9(d). "Zero Balance Account" means, as of any date of de...

Trust Extension shall have the meaning specified in Section 12.01(a).

Trust Extension means a written notice sent to the Trustee by the Servicer and the Seller to extend the lien of the Indenture beyond the date specified in clause (B) of Section 12.1, which shall be delivered no later than five (5) Business days preceding such termination date.