Final Scheduled Distribution Date definition

Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.
Final Scheduled Distribution Date. The Final Scheduled Distribution Date for each Class of Certificates is the Distribution Date in each of the following months:

Examples of Final Scheduled Distribution Date in a sentence

  • If the Servicer does extend the maturity of a Receivable beyond the last day of the Collection Period preceding the latest Final Scheduled Distribution Date of all classes of Notes, then the Servicer shall pay the Actual Loss Amount (if any) with respect to such Receivable in accordance with Section 2.6.

  • If the Servicer reduces the APR or Principal Balance of any Receivable other than as permitted, then the Servicer will pay the Actual Loss Amount with respect to such Receivable in accordance with Section 2.6. The Servicer may not extend the maturity of a Receivable beyond the last day of the Collection Period preceding the latest Final Scheduled Distribution Date of all classes of Notes.


More Definitions of Final Scheduled Distribution Date

Final Scheduled Distribution Date. The Distribution Date in November 2035.
Final Scheduled Distribution Date. February 15, 2034 (or if such date is not a Business Day, the next succeeding Business Day).
Final Scheduled Distribution Date. With respect to a class of Notes, the Distribution Date in the month and year set forth below opposite such Notes: Class A-1 Notes: August 15, 2011; Class A-2 Notes: August 15, 2013; Class A-3 Notes: October 15, 2014; Class A-4 Notes: August 17, 2015; Class B Notes: November 16, 2015; and Class C Notes: February 15, 2017.
Final Scheduled Distribution Date. With respect to each Class of Certificates, the Distribution Date occurring in March 2037.
Final Scheduled Distribution Date means, for each Class of rated Certificates, the Distribution Date on which such Class would be paid in full if payments were made on the Mortgage Loans in accordance with their terms, except that ARD Loans are assumed to be repaid on their Anticipated Repayment Dates.
Final Scheduled Distribution Date. With respect to any Certificate, the date on which all the unpaid principal of (and premium, if any, on) and interest on such Certificate is scheduled, without giving effect to any prepayment, exchange or early termination, to become due and payable as provided therein and in the applicable Supplement.
Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the June 2023 Distribution Date, (ii) the Class A-2 Notes, the August 2024 Distribution Date, (iii) the Class A-3 Notes, the January 2026 Distribution Date, (iv) the Class B Notes, the December 2026 Distribution Date, (v) the Class C Notes, the September 2027 Distribution Date, (vi) the Class D Notes, the September 2028 Distribution Date and (vii) the Class E Notes, the January 2030 Distribution Date.