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 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 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 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

  • With respect to each Monthly Period falling in the Revolving Period, to the extent that Collections of Principal Receivables allocated to the Series 2023-A Noteholders pursuant to this subsection 4.1(b)(ii) are paid to Transferor, Transferor shall make an amount equal to the Reallocated Principal Collections for the related Transfer Date available on that Transfer Date for application in accordance with Section 4.6. (y) Allocations During the Controlled Accumulation Period.

  • As of any Distribution Date during the Controlled Accumulation Period or Early Amortization Period, the Collateral Amount shall be reduced by the Surplus Collateral Amount.


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 September 2023 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 2021-1 Stated Principal Amount of, and any Monthly Interest due on, the Series 2021-1 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, 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 March 1, 2022 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 2019-2 Monthly Interest due on, the Series 2019-2 Notes.
Controlled Accumulation Period means, unless a Pay Out Event shall have occurred prior thereto, the period commencing at the close of business on [-], [-] or such later date as is determined in accordance with subsection 4.04(e), and ending on the first to occur of (a) the commencement of the Early Amortization Period, (b) the payment in full of the Note Principal Balance and (c) the Series [-] Final Maturity Date.