Additional Entrustment Date definition

Additional Entrustment Date means the Trust Calculation Date during the Revolving Period on which Additional Auto Loan Receivables are entrusted under the First Trust Agreement.
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Examples of Additional Entrustment Date in a sentence

  • Risk associated with non-perfection of entrustment of the Auto Loan Receivables against Obligors The First Trust Agreement provides that the Trustor of the First Trust will register the entrustment of the Auto Loan Receivables with the Trustee of the First Trust after the Trust Commencement Date or each Additional Entrustment Date in accordance with the Perfection Act.

  • On any Additional Entrustment Date, subject to no Early Amortization Event having occurred and certain other conditions, Additional Auto Loan Receivables will be entrusted to the Trustee of the First Trust, and following the entrustment thereof, VWFSJ and the Trustee of the First Trust will perfect that entrustment against third parties by registering the assignment of claims in accordance with the Perfection Act.

  • The principal amount of any Additional Subordinated Beneficial Interest will be equal to the aggregate Discounted Principal Balance of such Additional Auto Loan Receivables as of the Additional Cut- off Date minus the amount of the relevant Additional Senior Beneficial Interest, plus any amount, if any, on the Trust Calculation Date, which is the same date of the relevant Additional Entrustment Date credited to the Cash Collateral Ledger and carried over on the immediately preceding Trust Calculation Date.

  • The principal amount of any Additional Subordinated Beneficial Interest will be equal to the aggregate Discounted Principal Balance of such Additional Auto Loan Receivables as of the Additional Cut-off Date minus the amount of the relevant Additional Senior Beneficial Interest, plus any amount, if any, on the Trust Calculation Date, which is the same date of the relevant Additional Entrustment Date credited to the Cash Collateral Ledger and carried over on the immediately preceding Trust Calculation Date.

  • These representations and warranties include, among others, that as of the Trust Commencement Date, the execution dates of the Asset Backed Loan Agreement to the First Trust and the Second Trust Agreement and the Drawdown Date or any Additional Entrustment Date, the Auto Loan Receivables and/or Auto Loan Agreement satisfy the Eligibility Criteria.

  • If the Purchaser and Seller agree tochallenge whether or not to challenge such assertion.

Related to Additional Entrustment Date

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • Replacement Date has the meaning set forth in Section 2.08(b).

  • Additional Effective Date means the date the Additional Registration Statement is declared effective by the SEC.

  • Issuer Call Commencement Date means the date specified as such in the definition of the relevant Series in the applicable Final Terms;

  • Term End Date means [Insert date];

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Additional Closing Date shall have the meaning set forth in Section 2.3.2.

  • Amendment Date has the meaning set forth in the preamble.

  • Investment Date means the date of the Investment Commitment Closing.

  • Initial Negotiation End Date has the meaning set forth in Section 12.2(a).

  • Agreement End Date has the meaning specified in Section 10.1(e).

  • Addition Date means, with respect to the Additional Accounts designated hereby, , .

  • Service Transfer Date means the date of a Service Transfer;

  • Operative Date means the date on which the Xxxx referred to in clause 3 comes into operation as an Act;

  • Required Effective Date means the relevant Initial Required Effective Date or Increased Required Effective Date (as those terms are defined below).

  • Transfer Effective Date shall have the meaning set forth in each Commitment Transfer Supplement.

  • Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.

  • Commencement Date or Handover Date means the date on which the Licensed Space of first lot of stations as per Annexure 1 is handed over by DMRC to the Selected Bidder, in accordance with the terms of this agreement.

  • ZERO DATE means the date of issue of LETTER OF INTENT (LOI) or issue of WORK ORDER, whichever is earlier.

  • Second Restatement Date means October 20, 2011.

  • Accounting Restatement Date means the earlier to occur of (a) the date that the Board, a committee of the Board authorized to take such action, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare an Accounting Restatement, or (b) the date that a court, regulator or other legally authorized body directs the Company to prepare an Accounting Restatement.

  • Transition Effective Date has the meaning set forth in Section II.D.3.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Additional Filing Date means the date on which the Additional Registration Statement is filed with the SEC.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Acquisition Date With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.