DISTRIBUTION DATE OCCURRING IN definition
Examples of DISTRIBUTION DATE OCCURRING IN in a sentence
XXXXXXX X-0 XXXX XX CLASS a-IO CERTIFICATE THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE DECREASED PURSUANT TO THE GRANTOR TRUST AGREEMENT; PROVIDED HOWEVER ON AND AFTER THE DISTRIBUTION DATE OCCURRING IN NOVEMBER 2012, SUCH CURRENT NOTIONAL AMOUNT SHALL EQUAL ZERO.
THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL DECREASE PURSUANT TO THE GRANTOR TRUST AGREEMENT DATED AS OF OCTOBER 12, 2005 (THE “AGREEMENT”) BETWEEN THE NATIONAL COLLEGIATE FUNDING LLC AND U.S. BANK NATIONAL ASSOCIATION; PROVIDED HOWEVER, , ON AND AFTER THE DISTRIBUTION DATE OCCURRING IN NOVEMBER 2010, SUCH CURRENT NOTIONAL AMOUNT SHALL EQUAL ZERO.
XXXXXXX X-0 FORM OF CLASS [__]-IO CERTIFICATE THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL BE DECREASED AS THE PRINCIPAL AMOUNT ON THE CLASS [___] UNDERLYING NOTES IS DECREASED; PROVIDED HOWEVER AFTER THE DISTRIBUTION DATE OCCURRING IN [___________], SUCH NOTIONAL AMOUNT SHALL EQUAL ZERO.
THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL DECREASE PURSUANT TO THE GRANTOR TRUST AGREEMENT DATED AS OF OCTOBER 12, 2005 (THE “AGREEMENT”) BETWEEN THE NATIONAL COLLEGIATE FUNDING LLC AND U.S. BANK NATIONAL ASSOCIATION; PROVIDED HOWEVER, ON AND AFTER THE DISTRIBUTION DATE OCCURRING IN NOVEMBER 2010, SUCH CURRENT NOTIONAL AMOUNT SHALL EQUAL ZERO.