Trust Termination Date definition

Trust Termination Date shall have the meaning specified in Section 8.01.

Trust Termination Date has the meaning specified in the Trust Agreement.

Trust Termination Date means the earliest to occur of (i) unless a Trust Extension shall have occurred, the first Business Day after the Distribution Date on which the Investor Interest, the Collateral Interest, the Enhancement Invested Amount and any other interest issued by the Trust, as applicable, for each Series is zero, (ii) if a Trust Extension shall have occurred, the Extended Trust Termination Date, (iii) December 31, 2024 and (iv) the date of any termination pursuant to Section 9.02(b).

Examples of Trust Termination Date in a sentence

• Unless otherwise provided in the First Trust Agreement, the term of the First Trust will commence on the Trust Commencement Date and will end on the Trust Termination Date of the First Trust.

• Unless otherwise provided in the Second Trust Agreement, the term of the Second Trust will commence on the Trust Commencement Date of the Second Trust and will end on the Trust Termination Date of the Second Trust.

• The Beneficiaries may not transfer any Beneficial Interests after the Trust Termination Date.

• Only the Beneficiaries as of the Trust Termination Date which is determined to be the Record Date for Determination of Rights shall be entitled to claim for delivery of the residual assets.

• Master Trust TerminationThe master trust will terminate on the Master Trust Termination Date.

More Definitions of Trust Termination Date

Trust Termination Date is defined in Section 8.1 of the Trust Agreement.

Trust Termination Date means the earlier to occur of (i) unless a Trust Extension shall have occurred, the day after the Distribution Date with respect to the last remaining outstanding 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 Certificateholders of such Series sufficient to pay in full the Aggregate Invested Amount plus interest accrued at the applicable Certificate Rate through the end of the related Monthly Period prior to the Distribution Date with respect to each such Series, (ii) if a Trust Extension shall have occurred, the Extended Trust Termination Date, and (iii) August 1, 2032.

Trust Termination Date means the Trust Termination Date of the First Trust and the Trust Termination Date of the Second Trust, as the context may require.

Trust Termination Date means the date on which the Trust is dissolved in accordance with Section 8.01 of the Trust Agreement.

Trust Termination Date means the date on which the Issuer will terminate as specified in the Trust Agreement.

Trust Termination Date means 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).

Trust Termination Date shall have the meaning specified in subsection 9.1(a).