Turbo Period definition

Turbo Period. The period which commenced on the Turbo Effective Date and ending on the Collection Date.
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Turbo Period has the meaning assigned to such term in the Undertakings Agreement.
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Turbo Period. The period beginning on the date of the declaration of the Turbo Period pursuant to Section 10.2(a) or 10.2(c) or the date of the automatic occurrence of the Turbo Period pursuant to Section 10.2(b) and ending on the Collection Date.
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Examples of Turbo Period in a sentence

  • To the extent that such Collateral Custodian Fee is not paid by the Servicer, the Collateral Custodian shall be entitled to receive the unpaid balance of its Collateral Custodian Fee to the extent of funds available therefor pursuant to the provision of Section 2.9(a)(4) or Section 2.10(a)(4), as applicable (the parties hereto acknowledging that the Turbo Period has commenced on the Turbo Effective Date).

  • All earnings (net of losses and investment expenses) thereon shall be retained or deposited into the Collection Account, and shall be applied pursuant to the provisions of Section 2.9 and Section 2.10, as applicable (the parties hereto acknowledging that the Turbo Period has commenced on the Turbo Effective Date).

  • To the extent that such Backup Servicing Fee is not paid by the Servicer, the Backup Servicer shall be entitled to receive the unpaid balance of its Backup Servicing Fee to the extent of funds available therefor pursuant to Section 2.9(a)(4) and Section 2.10(a)(4), as applicable (the parties hereto acknowledging that the Turbo Period has commenced on the Turbo Effective Date).

  • As compensation for its servicing activities hereunder and reimbursement for its expenses, the Servicer shall be entitled to receive the Servicing Fee to the extent of funds available therefor pursuant to the provisions of Section 2.9(a)(3) or Section 2.10(a)(3), as applicable (the parties hereto acknowledging that the Turbo Period has commenced on the Turbo Effective Date).

  • For avoidance of doubt, to the extent that Available Funds are insufficient on any Payment Date to satisfy the full amount of any Increased Costs pursuant to Section 2.9(a)(11) or Section 2.10(a)(11), as applicable (the parties hereto acknowledging that the Turbo Period has commenced on the Turbo Effective Date), such unpaid amounts shall remain due and owing and shall accrue Interest until repaid in full.

Related to Turbo Period

  • Peak Period means a period between 8:00 am and 10:00 pm (WST) on any Monday, Tuesday, Wednesday, Thursday or Friday.

  • ROFO Period is defined in Section 6.1(a).

  • Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC.

  • PEA Period means the period commencing at 9:30 a.m., Eastern time, on the fifth (5th) Business Day immediately prior to the filing of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement), and ending at 9:30 a.m., Eastern time, on the Business Day immediately following, the effective date of any post-effective amendment to the Registration Statement (as defined herein) or New Registration Statement (as such term is defined in the Registration Rights Agreement).

  • PAGA Period means the period from May 1, 2020 to November 7, 2022.