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 Event shall have occurred prior thereto, the period commencing at the opening of business on March 22, 2015 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.
Examples of Controlled Accumulation Period in a sentence
If for one or more months during the Controlled Accumulation Period there are not sufficient funds to pay the Controlled Deposit Amount, then to the extent that excess funds are not available on subsequent Distribution Dates with respect to the Controlled Accumulation Period to make up for such shortfalls, the final payment of principal of the Class A Certificates will occur later than the Expected Final Payment Date.
If for one or more months during the Controlled Accumulation Period there are not sufficient funds to pay the Controlled Deposit Amount, then to the extent that excess funds are not available on subsequent Distribution Dates with respect to the Controlled Accumulation Period to make up for such shortfalls, the final payment of principal of the Class B Certificates will occur later than the Expected Final Payment Date.
More Definitions of Controlled Accumulation Period
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 and (b) the end of the Collection Period before the Payment Date on which the Note Balance of the Series 20 - Notes will be paid in full.
Controlled Accumulation Period means, unless a Pay
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 2019 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 2017-1 Stated Principal Amount of, and any Monthly Interest due on, the Series 2017-1 Notes.
Controlled Accumulation Period if applicable, shall have the meaning set forth in the Series Term Sheet, subject in the case of any Variable Accumulation Series to variation in accordance with Section 19 hereof.
Controlled Accumulation Period means, unless an Early Amortization Event shall have occurred prior thereto, the period commencing at the opening of business on May 1, 2019 or such later 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 Series Termination Date.
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.
Controlled Accumulation Period means, unless an Early Amortization Event shall have occurred prior thereto, the period beginning on August 1, 2024 or such later date as is determined in accordance with subsection 4.07(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 Class A Stated Principal Amount, the Class B Stated Principal Amount and the Class C Stated Principal Amount of, and any Series 2023-CRT3 Monthly Interest due on, the Series 2023-CRT3 Notes.