Postmaturity Term Extension definition

Postmaturity Term Extension means, with respect to any Included Unit, that the Servicer has granted an extension of the term of the related Lease, and the Lease term as so extended ends beyond the last day of the Collection Period preceding the Final Scheduled Payment Date for the Class A-4 Notes.
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Related to Postmaturity Term Extension

  • Extension has the meaning specified in Section 2.18(a).

  • Renewal means the terms on which the contract of insurance can be renewed on mutual consent with a provision of grace period for treating the renewal continuous for the purpose of gaining credit for pre-existing diseases, time-bound exclusions and for all waiting periods.

  • Initial Term Loan shall have the meaning provided in Section 2.1(a).

  • Extension Election has the meaning set forth in Section 2.16(c).