Amortization Period definition

Amortization Period means, with respect to any Series, or any Class within a Series, a period following the Revolving Period during which principal is distributed to Investor Certificateholders, which shall be the controlled amortization period, the principal amortization period, the rapid amortization period, or other amortization period, in each case as defined with respect to such Series in the related Supplement.
Amortization Period means a period of 360 full consecutive calendar months.
Amortization Period means the Payment Date beginning on the earlier of (i) the Payment Date in November 2020 or (ii) the Payment Date on or immediately following the date on which an Amortization Event occurs and ending on the earlier of (a) the Payment Date on which each Class of Notes have been paid in full and (b) the Final Maturity Date.

Examples of Amortization Period in a sentence

  • If (i) any Principal Shortfall remains after such allocation, (ii) any Series in Group One is in an Amortization Period and (iii) the amount on deposit in the Excess Funding Account is greater than zero, amounts on deposit in the Excess Funding Account will be treated as Excess Principal Collections and allocated to cover any remaining Principal Shortfall or principal shortfalls for other Principal Sharing Series in Group One pursuant to Section 8.03 of the Indenture.


More Definitions of Amortization Period

Amortization Period means the period commencing on the Commitment Termination Date and ending on the Collection Date.
Amortization Period means the period from, and including, the Amortization Commencement Date to, and including, the earlier of (i) the date of the final distribution to Investor Certificateholders of the Series established hereby and (ii) the Series Termination Date. The first Distribution Date of the Amortization Period shall be the Distribution Date in the calendar month following the Amortization Commencement Date.
Amortization Period. The period beginning on the Termination Date and ending on the Collection Date.
Amortization Period means the period beginning on the Termination Date and ending on the Maturity Date.
Amortization Period. The period beginning on the earlier of: (i) the occurrence of an Amortization Event and (ii) the occurrence or declaration of the Termination Date, and ending on the Collection Date.
Amortization Period means the period of time beginning on the earlier of (i) the close of business on the June 2024 Distribution Date, and (ii) the close of business on the Business Day before the day on which an Early Amortization Event automatically occurs or is declared pursuant to Section 2.02 hereof.
Amortization Period. The period beginning on the Amortization Date and ending on the date that all classes of Notes have been paid in full.