Underlying Securities Payment Date definition

Underlying Securities Payment Date. [_____] and [____] of each year commencing on commencing on [________] and ending on [________]; provided, however, that if any Underlying Securities Payment Date would otherwise fall on a day that is not a Business Day, such Underlying Securities Payment Date will be the following Business Day.

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Underlying Securities Payment Date means April 1st and October 1st of each year (or if such date is not a Business Day, the next succeeding Business Day), ending on the earlier of the Final Scheduled Distribution Date and any date on which all Underlying Securities are redeemed pursuant to the Underlying Securities Indenture.

Underlying Securities Payment Date. The first day of each June and December, commencing on December 1, 2006 and ending on December 1, 2096; provided, however, that if any Underlying Securities Payment Date would otherwise fall on a day that is not a Business Day, such Underlying Securities Payment Date will be the following Business Day.

Examples of Underlying Securities Payment Date in a sentence

Notwithstanding the foregoing, if any payment with respect to the Underlying Securities is made to the Trustee after the Underlying Securities Payment Date on which such payment was due, the Trustee shall distribute such amount received on the Business Day following such receipt.
If any payment with respect to an Underlying Security is made to the Trustee after the Underlying Securities Payment Date and as a result there is a shortfall in the payment of any amount required by this Section 10(a), the Trustee shall distribute such amount received to the extent of such shortfall on the Business Day following such receipt.
Each of the Certificateholders of the Class A-1 Certificates shall be entitled to a distribution of principal (and any premium) on the Final Distribution Date (or any Underlying Securities Payment Date on which principal or premium is paid), to the extent of principal payments made on the Underlying Securities (including any premium) on such date.

More Definitions of Underlying Securities Payment Date

Underlying Securities Payment Date. With respect to an ---------------------------------- Underlying Security, a Scheduled Principal Distribution Date and the payment dates for such Underlying Security as set forth in Exhibit A.

Underlying Securities Payment Date. Unless the Extension Period is in effect, the [______] day of each [______] and [______], commencing on [______, 20__] and ending on [______, 20__]; provided, however, that if any Underlying Securities Payment Date would otherwise fall on a day that is not a Business Day, such Underlying Securities Payment Date will be the following Business Day.

Underlying Securities Payment Date means each May 1 and November 1 commencing November 1, 2002, and any other date on which Underlying Securities are redeemed pursuant to the Underlying Securities Indenture, or repurchased, prepaid or liquidated in whole or in part or on which any unscheduled payment is made on the Underlying Securities.

Underlying Securities Payment Date means __________________ commencing _______________, 200__, and any other date on which Underlying Securities are redeemed pursuant to the Underlying Securities Indenture, or repurchased, prepaid or liquidated in whole or in part or on which any unscheduled payment is made on the Underlying Securities.

Underlying Securities Payment Date means each monthly Note Payment Date (as defined in the FCT Compartment Regulations).

Underlying Securities Payment Date. January 15 and July 15 of each year until the Underlying Securities Rate Conversion Date, and thereafter quarterly on the 15th day of each January, April, July and October beginning on April 15, 2026; provided, however, that if any Underlying Securities Payment Date would otherwise fall on a day that is not a Business Day, such Underlying Securities Payment Date will be the following Business Day, commencing on the Underlying Securities Payment Date occurring in January 2008.