Accumulation Period Commencement Date definition

Accumulation Period Commencement Date means, the close of business on May 1, 2021 or such later date as is determined in accordance with Section 4.11.
Accumulation Period Commencement Date means June 1, 2005 or, if the Issuer, acting directly or through the Administrator, makes an election pursuant to Section 3.20, the later date selected by the Issuer pursuant to Section 3.20.
Accumulation Period Commencement Date means the first day of the nth full Due Period prior to the Expected Payment Date where n is the number of Due Periods in the Accumulation Period Length; provided, however, that the Accumulation Period Commencement Date shall be the Specified Accumulation Period Commencement Date if, on the Specified Accumulation Period Commencement Date, any other outstanding Series shall have entered into an investment period or an early amortization period; and provided further that, if the Accumulation Period Length and the Accumulation Period Commencement Date have been determined pursuant to Section 4.11 but the Accumulation Period has not commenced and any other outstanding Series shall enter into an investment period or an early amortization period, the Accumulation Period Commencement Date shall be the date that such outstanding Series shall have entered into an investment period or an early amortization period.

Examples of Accumulation Period Commencement Date in a sentence

Once the Servicer has determined the Accumulation Period Commencement Date, the Servicer shall promptly notify the Trustee in writing of such determination.

On or prior to the Payment Date which is ten months prior to the Payment Date which is the Expected Principal Payment Date, the Servicer shall determine in its sole discretion the Accumulation Period Length and the Accumulation Period Commencement Date and, promptly following such determination, the Servicer shall notify the Master Owner Trust Trustee, the Indenture Trustee and the Note Rating Agencies in writing of such determination.

The Servicer shall promptly notify the Indenture Trustee in writing of the Accumulation Period Commencement Date and the Accumulation Period Length.

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Once the Servicer has determined the Class A-2 Accumulation Period Commencement Date, the Servicer shall promptly notify the Trustee in writing of such determination.


More Definitions of Accumulation Period Commencement Date

Accumulation Period Commencement Date means the first day of the December 2001 Monthly Period if the Accumulation Period Length is four months, the first day of the January 2002 Monthly Period if the Accumulation Period Length is three months, the first day of the February 2002 Monthly Period if the Accumulation Period Length is two months, and the first day of the March 2002 Monthly Period if the Accumulation Period Length is one month; provided, however, if the Accumulation Period Length has been determined to be less than four months and, after such determination, any outstanding Series enters into an early amortization period, the Accumulation Period Commencement Date shall be the earlier of (x) the date on which such other outstanding Series entered its early amortization period and (y) the Accumulation Period Commencement Date as previously determined.
Accumulation Period Commencement Date means the first day of the Collection Period upon which the number of full Collection Periods remaining until the Series 2000-B Expected Payment Date first equals the Accumulation Period Length; provided, however, that, if at any time after the April 2003 Distribution Date, any other outstanding Series (other than any Excluded Series) shall have entered into a reinvestment period or an early amortization period, the Accumulation Period Commencement Date shall be the earlier of (i) the date that such outstanding Series shall have entered into its reinvestment period or early amortization period and (ii) the Accumulation Period Commencement Date as previously determined. If the Accumulation Period Length is one month, two months, three months, four months or five months, the Accumulation Period Commencement Date shall mean the first day of the September 2003 Collection Period, the August 2003 Collection Period, the July 2003 Collection Period, the June 2003 Collection Period or the May 2003 Collection Period, respectively.
Accumulation Period Commencement Date means the date determined by the Servicer pursuant to Section 3.05; provided, however, that, if on the Specified Accumulation Period Commencement Date or on any date after the Specified Accumulation Period Commencement Date any other outstanding series of notes issued pursuant to the Indenture shall have entered into an early redemption period as defined for such other series of notes and the Accumulation Period Commencement Date has not occurred, the Accumulation Period Commencement Date shall be the date that such other outstanding series of notes shall have entered into an early redemption period.
Accumulation Period Commencement Date means the first day of the calendar month which is the fourth calendar month prior to the calendar month in which the Expected Final Payment Date occurs; provided, however, that upon written notice to the Trustee, the Servicer may elect to postpone the Accumulation Period Commencement Date so that the number of months included in the Accumulation Period shall equal or exceed the Accumulation Period Length; provided further, however, that such election shall only be permitted if the Accumulation Period Length is less than four months; provided further, however, that the Accumulation Period Commencement Date shall not be postponed beyond the first day of the calendar month which is the second calendar month prior to the calendar month in which the Expected Final Payment Date occurs.
Accumulation Period Commencement Date means in respect of the Related Loan Note, the first day of the month that is 3 whole months prior to the Scheduled Redemption Date for the Related Loan Note provided, however, that if the Accumulation Period Length for such Related Loan Note is less than 3 months, the Accumulation Period Commencement Date will be the first day of the month that is the number of whole months prior to such Scheduled Redemption Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods during the period from the Accumulation Period Commencement Date to such Scheduled Redemption Date will be at least equal to the number of months comprising the Accumulation Period Length.
Accumulation Period Commencement Date means, the close of business on [●] or such later date as is determined in accordance with Section 4.11.
Accumulation Period Commencement Date. The date which is, with respect to an Accumulation Period Length of (i) one calendar month, the first day of the January 2001 Collection Period, (ii) two calendar months, the first day of the December 2000 Collection Period, (iii) three calendar months, the first day of the November 2000 Collection Period, (iv) four calendar months, the first day of October 2000 the Collection Period and (v) five calendar months, the first day of the September 2000 Collection Period; provided, however, that the Accumulation Period Commencement Date shall be (x) September 1, 2000, if, prior to such date, any other outstanding Series of Investor Certificates shall have entered into an early amortization period or (y) in the case of an Accumulation Period Length of less than five months, the earlier of (A) the date an early amortization period has commenced with respect to any other outstanding Series of Investor Certificates and (B) the Accumulation Period Commencement Date as determined above.