Controlled Accumulation Period definition

Controlled Accumulation Period means, unless a Pay Out Event shall have occurred prior thereto, the period commencing at the close of business on August 31, 2002 or such later date as is determined in accordance with subsection 4.09(i) and ending on the first to occur of (a) the commencement of the Rapid Amortization Period and (b) the Series 1996-J Termination Date.

Controlled Accumulation Period means, unless a Pay-Out Event shall have occurred prior thereto, the period commencing at the close of business on the last day of the August 2020 Monthly Period or such later date as is determined in accordance with subsection 4.03(c) and ending on the first to occur of (a) the commencement of the Early Amortization Period, (b) the payment in full of the Invested Amount and (c) the Expected Final Payment Date.

Controlled Accumulation Period means, unless an Early Amortization Period has commenced prior to such period, the period beginning on the first day of the August 2016 Collection Period or such later date as is determined in accordance with Section 4.2(g) and ending on the earlier to occur of (a) the day before the start of the Early Amortization Period and (b) the end of the Collection Period preceding the Payment Date on which the Note Balance of the Series 2014-1 Notes will be paid in full.

Examples of Controlled Accumulation Period in a sentence

Any notice by Issuer modifying the commencement of the Controlled Accumulation Period pursuant to this Section 4.13 shall specify (i) the Controlled Accumulation Period Length, (ii) the commencement date of the Controlled Accumulation Period and (iii) the Controlled Accumulation Amount with respect to each Monthly Period during the Controlled Accumulation Period.

Controlled Deposit Amount: For any Collection Period with respect to the Controlled Accumulation Period, an amount equal to the sum of (a) the Controlled Accumulation Amount for such Collection Period and (b) any Deficit Controlled Accumulation Amount for the immediately preceding Collection Period.

Revolving Period: The period beginning on the Closing Date and ending on the earlier of the close of business on the day immediately preceding the date on which the Controlled Accumulation Period or the Early Amortization Period commences.

During the Controlled Accumulation Period, Available Principal Collections deposited to the Principal Accumulation Account pursuant to Section 4.4(c)(i),(ii) 0.00 iii.

As of any Payment Date during the Controlled Accumulation Period or Early Amortization Period on which Available Principal Collections are treated as Shared Principal Collections, the Collateral Amount shall be reduced by an amount equal to the lesser of (x) the amount of Available Principal Collections applied as Shared Principal Collections and (y) the Surplus Collateral Amount.

More Definitions of Controlled Accumulation Period

Controlled Accumulation Period means, unless an Early Amortization Event shall have occurred prior thereto, the period commencing on the first day of the third Monthly Period preceding the Expected Principal Payment Date or such other date as is determined in accordance with Section 4.13 and ending on the first to occur of (a) the commencement of the Early Amortization Period and (b) the Final Payment Date.

Controlled Accumulation Period means, unless an Early Amortization Event shall have occurred prior thereto, the period commencing at the opening of business on the Controlled Accumulation Date and ending on the earliest to occur of (a) the commencement of the Early Amortization Period, (b) the Series Maturity Date, and (c) the date on which the Note Principal Balance and the Principal Overcollateralization Amount have been paid in full.

Controlled Accumulation Period means, unless an Early Amortization Event shall have occurred prior thereto, the period beginning on the first Business Day of the May 2016 Monthly Period or such later date as is determined in accordance with Section 4.06(c) and ending on the earlier to occur of (a) the commencement of the Early Amortization Period and (b) the payment in full of the Series [•] Stated Principal Amount of, and any Monthly Interest due on, the Series [•] Notes.

Controlled Accumulation Period means, unless an Early Amortization Period has started before that period, the period starting on the first day of the 20 Collection Period or a later date as is determined according to Section 4.2(g) of the Indenture Supplement and ending on the earlier to occur of (a) the day before the start of the Early Amortization Period

Controlled Accumulation Period means, unless an Amortization Event shall have occurred prior thereto, the period commencing at the close of business on , 20 , or such later date as is determined in accordance with Section 4.04(e), and ending on the first to occur of (a) the commencement of the Early Amortization Period and (b) the payment in full of the Note Principal Balance and the O/C Amount.

Controlled Accumulation Period means (unless the Regulated Amortisation Period or the Rapid Amortisation Period has commenced) the period commencing on the close of business on the date specified in the Applicable Supplement or such later date as is determined in accordance with the provisions of the Programme (such later date falling no later than the date specified in the Applicable Supplement), and ending (for the purposes of these Conditions) on the first to occur of (a) the commencement of the Rapid Amortisation Period, (b) the day the Investor Interest is reduced to zero and (c) the Series Termination Date specified in the Applicable Supplement.

Controlled Accumulation Period means, with respect to the Series 1999-1 Certificates, unless a Pay Out Event shall have occurred with respect to such Series prior thereto, the period commencing on the Accumulation Period Commencement Date and ending upon the earliest to occur of (i) the commencement of the Early Amortization Period, (ii) payment in full to the Investor Certificateholders of the Invested Amount, and (iii) the Series 1999-1 Termination Date.