Final Scheduled Maturity Date definition

Final Scheduled Maturity Date. The Final Scheduled Maturity Date for each Class of Certificates is June 25, 2033, which corresponds to the "latest possible maturity date" for purposes of Section 860G(a)(1) of the Internal Revenue Code of 1986, as amended.

Final Scheduled Maturity Date means the latest to occur of the Class Final Scheduled Maturity Dates.

Final Scheduled Maturity Date means the October 16, 2023 Distribution Date.

Examples of Final Scheduled Maturity Date in a sentence

• No Receivable has a final scheduled payment date later than six months preceding the Final Scheduled Maturity Date.

• If, as a result of the extending of payments in accordance with the customary servicing standards of the Servicer, any Receivable will be outstanding later than the Final Scheduled Maturity Date, the Servicer shall be obligated to repurchase such Receivable pursuant to Section 3.08.

• Subject to Section 3.02, the Servicer shall not amend or otherwise modify any Receivable such that the total number of Scheduled Payments is extended beyond the Final Scheduled Maturity Date, or either the Amount Financed or the APR is altered.

• Notwithstanding the foregoing, the final distribution in respect of any Certificate (whether on the Final Scheduled Maturity Date or otherwise) will be payable only upon presentation and surrender of such Certificate at the office or agency maintained for that purpose by the Certificate Registrar pursuant to Section 3.8.

• Subject to Section 3.02, the Servicer shall not amend or otherwise modify any Receivable such that the total number of Scheduled Payments is extended beyond the Final Scheduled Maturity Date, or either the Amount Financed or the APR is altered, unless it is required to take the action by law or court order.

More Definitions of Final Scheduled Maturity Date

Final Scheduled Maturity Date means the last day of the Collection Period immediately preceding the Collection Period during which the Final Scheduled Distribution Date falls.

Final Scheduled Maturity Date means ____________, 20___.

Final Scheduled Maturity Date means in the case of a Receivable, May 15, 2024.

Final Scheduled Maturity Date means, with respect to any Receivable, [ ].

Final Scheduled Maturity Date. The Final Scheduled Maturity Date for the Class A-1, Class A-2, Class A-3, Class A-4, Class A-5, Class A-PO, Class A-R, Class B-1, Class B-2, Class B-3, Class B-4, Class B-5 and Class B-6 Certificates is February 25, 2029 which corresponds to the "latest possible maturity date" for purposes of Section 860G(a)(1) of the Internal Revenue Code of 1986, as amended.

Final Scheduled Maturity Date means January 21, 2022.

Final Scheduled Maturity Date means March 21, 2025.