Applicable Distribution Date definition

Applicable Distribution Date means each Distribution Date occurring after the later of (i) the Optional Repurchase Distribution Date and (ii) the first Distribution Date occurring during the Series 2015-1 Controlled Amortization Period.
Applicable Distribution Date has the meaning specified in Section 9.01(b).
Applicable Distribution Date means each Distribution Date occurring after the later of (i) the Optional Repurchase Distribution Date and (ii) the first Distribution Date occurring during the Series 2019-3 Controlled Amortization Period.

Examples of Applicable Distribution Date in a sentence

  • The Servicer shall notify the Indenture Trustee of the applicable amounts of principal and interest to be paid on each Class of Notes not later than the Business Day following the day on which the Applicable Distribution Date is determined.

  • Any funds remaining in the Collection Account and the Accumulation Reserve Account shall be distributed on the following Payment Date (or on such Applicable Distribution Date, if it is not a Payment Date), such distributions to be made in accordance with the applicable provisions of the Transaction Documents, with the Servicer to adjust the amounts of such distributions in its records to take into account the amounts distributed on the Applicable Distribution Date.

  • As of the Applicable Distribution Date, ITT will transfer to ESI the reserves set forth on the books of ITT for medical benefits for disabled ESI Individuals.

  • ITT, Destinations and ESI each will be liable for any severance pay and benefits (including salary continuation) owing, as of the Applicable Distribution Date, to ITT Individuals, Destinations Individuals and ESI Individuals, respectively.

  • ITT will, before the Applicable Distribution Date, provide any notices that may be required with respect to such cessation under Section 204(h) of ERISA.

  • Effective as of the Applicable Distribution Date, (a) ITT Employees shall remain employees of ITT or its subsidiaries and ESI Employees shall remain employees of ESI, and (b) Destinations Employees shall remain or become (as applicable) employees of Destinations or its subsidiaries.

  • Nothing contained in this Section 2 shall confer on any ITT Employee, any Destinations Employee or any ESI Employee any right to continued employment, whether before or after the Applicable Distribution Date.

  • Any ITT Employee, ESI Employee or Destinations Employee who continues in employment with ITT, ESI or Destinations or any related subsidiaries following the Applicable Distribution Date shall not be deemed to have terminated employment solely as a result of the Destinations Distribution or ESI Distribution, as applicable, for purposes of any benefit or compensation plan, program, policy or arrangement maintained by ITT, ESI or Destinations.

  • Except as otherwise provided herein or as ordered by the Bankruptcy Court, Cash distributions to be made on account of Claims that are Allowed Claims as of the Effective Date shall be made on the Applicable Distribution Date.

  • The Company signed a mineral property option agreement on November 30, 2009, with 173714 Canada Inc.


More Definitions of Applicable Distribution Date

Applicable Distribution Date means each Distribution Date occurring after the later of (i) the Optional Repurchase Distribution Date and
Applicable Distribution Date means (i) with respect to any Pro Rata Common Stock Distribution, the record date for the payment of such Pro Rata Common Stock Distribution (provided, if there is no record date for such Pro Rata Common Stock Distribution, then the Applicable Distribution Date shall be the payment date) or (ii) with respect to any Other Stock Distribution, the payment date or transfer date therefor.
Applicable Distribution Date means for a particular holder of an Allowed Claim the later of (a) the Distribution Date, (b) the tenth (10th) Business Day following the date upon which the Claim becomes an Allowed Claim, or (c) the date on which the holder of the Allowed Claim complies with the provisions of this Plan.
Applicable Distribution Date means a date that is ten (10) business days after the reasonable determination by Parent that a respective Milestone is satisfied.

Related to Applicable Distribution Date

  • Available Distribution Amount As to any Distribution Date and, with respect to any Mortgage Pool comprised of two or more Loan Groups, each Loan Group, an amount equal to (a) the sum of (i) the amount relating to the Mortgage Loans on deposit in the Custodial Account as of the close of business on the immediately preceding Determination Date, including any Subsequent Recoveries, and amounts deposited in the Custodial Account in connection with the substitution of Qualified Substitute Mortgage Loans, (ii) the amount of any Advance made on the immediately preceding Certificate Account Deposit Date, (iii) any amount deposited in the Certificate Account on the related Certificate Account Deposit Date pursuant to the second paragraph of Section 3.12(a), (iv) any amount deposited in the Certificate Account pursuant to Section 4.07, (v) any amount that the Master Servicer is not permitted to withdraw from the Custodial Account or the Certificate Account pursuant to Section 3.16(e), (vi) any amount received by the Trustee pursuant to the Surety Bond in respect of such Distribution Date and (vii) the proceeds of any Pledged Assets received by the Master Servicer, reduced by (b) the sum as of the close of business on the immediately preceding Determination Date of (w) aggregate Foreclosure Profits, (x) the Amount Held for Future Distribution, and (y) amounts permitted to be withdrawn by the Master Servicer from the Custodial Account in respect of the Mortgage Loans pursuant to clauses (ii)-(x), inclusive, of Section 3.10(a). Such amount shall be determined separately for each Loan Group. Additionally, with respect to any Mortgage Pool that is comprised of two or more Loan Groups, if on any Distribution Date Compensating Interest provided pursuant to this Section 3.16(e) is less than Prepayment Interest Shortfalls incurred on the Mortgage Loans in connection with Principal Prepayments in Full and Curtailments made in the prior calendar month, such Compensating Interest shall be allocated on such Distribution Date to the Available Distribution Amount for each Loan Group on a pro rata basis in accordance with the respective amounts of such Prepayment Interest Shortfalls incurred on the Mortgage Loans in such Loan Group in respect of such Distribution Date.

  • REMIC I Available Distribution Amount For each Loan Group for any Distribution Date, the sum of the following amounts with respect to the Mortgage Loans in such Loan Group:

  • REMIC II Available Distribution Amount For any Distribution Date, the amount distributed from REMIC I to REMIC II on such Distribution Date in respect of the REMIC I Regular Interests.

  • REMIC III Available Distribution Amount For any Distribution Date, the amount distributed from REMIC II to REMIC III on such Distribution Date in respect of the REMIC II Regular Interests.

  • Periodic Distribution Date means the first Business Day that is as soon as reasonably practicable occurring approximately ninety (90) days after the immediately preceding Periodic Distribution Date.

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • Class A-4 Final Scheduled Distribution Date means January 17, 2023.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • First Distribution Date Initial Certificate Principal Balance of this May 27, 2003 Certificate as of the Cut-off Date: $___________ Master Servicer: Wells Fargo Bank Mixxxxxta, National Association CUSIP: ___________ Assumed Final Distribution Date: ___________ ASSET-BACKED CERTIFICATE SERIES 2003-AC2 This Certificate is payable solely from the assets of the Trust Fund, and does not represent an obligation of or interest in Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator referred to below or any of their affiliates or any other person. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by any governmental entity or by Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer, the Trustee or the Securities Administrator or any of their affiliates or any other person. None of Bear Stearns Asset Backex Xxxxxities, Inc., the Master Servicer or any of their affiliates will have any obligation with respect to any certificate or other obligation secured by or payable from payments on the Certificates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced hereby in the beneficial ownership interest of Certificates of the same Class as this Certificate in a trust (the "Trust Fund") generally consisting of conventional first lien, fixed rate mortgage loans secured by one- to four- family residences, units in planned unit developments and individual condominium units (collectively, the "Mortgage Loans") sold by Bear Stearns Asset Backex Xxxxxities, Inc. ("BSABS"). The Mortgage Loans were sold by EMC Mortgage Corporation

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".

  • Rated Final Distribution Date With respect to each Class of Rated Certificates, the Distribution Date in May 2048.