Prepayment Record Date definition
Prepayment Record Date means, with respect to the date of any Series 2019-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2019-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2019-1 Prepayment, in which case the “Prepayment Record Date” will be the last day of the second calendar month immediately preceding the date of such Series 2019-1 Prepayment.
Prepayment Record Date means, with respect to the date of any Series 2022-1 Prepayment, the Business Day prior to the date of such Series 2022-1 Prepayment.
Prepayment Record Date means, with respect to the date of any Series 2022-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2022-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2022-1 Prepayment, in which case the “Prepayment Record Date” will be the date that is ten (10) Business Days prior to the date of such Series 2022-1 Prepayment.
Examples of Prepayment Record Date in a sentence
Principal of and interest on this Note, which are payable on a Quarterly Payment Date or on any date on which payments are permitted to be made as provided for in the Indenture, shall be paid to the Person in whose name this Note (or one or more predecessor Notes) is registered at the close of business on the applicable Record Date or Prepayment Record Date, as the case may be.
More Definitions of Prepayment Record Date
Prepayment Record Date means, with respect to the date of any Series 2006-1 Prepayment, the Record Date immediately preceding the date of the associated Series 2006-1 Prepayment unless such immediately preceding Record Date is less than 10 Business Days prior to the date of the associated Series 2006-1 Prepayment, in which case the “Prepayment Record Date” will be the second Record Date immediately preceding the date of the associated Series 2006-1 Prepayment.
Prepayment Record Date means, with respect to the date of any Series 2019-3 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2019-3 Prepayment.
Prepayment Record Date means, with respect to the date of any Series 2018-1 Class A-1 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2018-1 Class A-1 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2018-1 Class A-1 Prepayment, in which case the “Prepayment Record Date” will be the last day of the second calendar month immediately preceding the date of such Series 2018-1 Class A-1 Prepayment.
Prepayment Record Date means, with respect to (i) any Series 2016-1 Prepayment Date that is not a Quarterly Payment Date, the close of business on the fifteenth (15) day prior to the date of such Series 2016-1 Prepayment (without regard to whether such day is a Business Day), and (ii) any Series 2016-1 Prepayment Date that is on the same day as a Quarterly Payment Date, the Record Date.
Prepayment Record Date means, with respect to the date of any Series 2025-1 Prepayment, the Business Day prior to the date of such Series 2025-1 Prepayment. “Quarterly Scheduled Principal Amount” means, with respect to any Quarterly Payment Date, (i) with respect to the Series 2025-1 Class A-2-I Notes, $1,000,000 and (ii) with respect to the Series 2025-1 Class A-2-II Notes, $875,000. For purposes of the Base Indenture, Quarterly Scheduled Principal Amounts shall be deemed to be “Scheduled Principal Payments”. “Quarterly Scheduled Principal Deficiency Amount” means, as of any date of determination, the amount, if any, of due and unpaid Quarterly Scheduled Principal Amount with respect to each Quarterly Payment Date prior to such date of determination. For purposes of the Base Indenture, the “Quarterly Scheduled Principal Deficiency Amount” shall be deemed to be a “Senior Notes Quarterly Scheduled Principal Deficiency Amount”. “QIB” means a “Qualified Institutional Buyer” as defined in Rule 144A. “Rating Agencies” means any of S&P, KBRA and any successor or successors thereto. Solely in respect of the Series 2025-1 Class A-2 Notes, in the event that at any time the rating agencies rating the Series 2025-1 A-2 Notes do not include S&P and/or KBRA, references to rating categories of S&P and/or KBRA in this Series 2025-1 Supplement shall be deemed instead to be references to the equivalent categories of such other rating agency as then has been appointed to rate and is rating the Series 2025-1 A-2 Notes as of the most recent date on which such other rating agency and S&P and/or KBRA published ratings for the type of security in respect of which such alternative rating agency is used. “Regulation S” means Regulation S promulgated under the 1933 Act. “Regulation S Global Notes” means, collectively, the Temporary Regulation S Global Notes and the Permanent Regulation S Global Notes. “Restricted Period” means, with respect to any Series 2025-1 Class A-2 Notes sold pursuant to Regulation S, the period commencing on the Series 2025-1 Closing Date and ending on the 40th day after the Series 2025-1 Closing Date. “Rule 144A” means Rule 144A promulgated under the 1933 Act. “Rule 144A Global Notes” has the meaning set forth in Section 4.2(a) (Issuance of Series 2025-1 Class A-2 Notes—Rule 144A Global Notes) of this Series 2025-1
Prepayment Record Date means, with respect to the date of any Series 2024-1 Class A-2 Prepayment, the last day of the calendar month immediately preceding the date of such Series 2024-1 Class A-2 Prepayment unless such last day is less than ten (10) Business Days prior to the date of such Series 2024-1 Class A-2 Prepayment, in which case the “Prepayment Record Date” will be the date that is ten (10) Business Days prior to the date of such Series 2024-1 Class A-2 Prepayment.
Prepayment Record Date means, with respect to the date of any Series 2024-1 Prepayment, the Business Day prior to the date of such Series 2024-1 Prepayment. “QIB” means a “Qualified Institutional Buyer” as defined in Rule 144A. “Quarterly Scheduled Principal Amount” means, with respect to any Quarterly Payment Date, (i) with respect to the Series 2024-1 Class A-2-I Notes, $1,062,500 and (ii) with respect to the Series 2024-1 Class A-2-II Notes, $937,500. For purposes of the Base Indenture, Quarterly Scheduled Principal Amounts shall be deemed to be “Scheduled Principal Payments”. “Quarterly Scheduled Principal Deficiency Amount” means, as of any date of determination, the amount, if any, of due and unpaid Quarterly Scheduled Principal Amount with respect to each Quarterly Payment Date prior to such date of determination. For purposes of the Base Indenture, the “Quarterly Scheduled Principal Deficiency Amount” shall be deemed to be a “Senior Notes Quarterly Scheduled Principal Deficiency Amount”. “Rating Agencies” means any of S&P, KBRA and any successor or successors thereto. In the event that at any time the rating agencies rating the Series 2024-1 Notes do not include S&P and/or KBRA, references to rating categories of S&P and/or KBRA in this Series 2024-1 Supplement shall be deemed instead to be references to the equivalent categories of such other rating agency as then has been appointed to rate and is rating the Series 2024-1 Notes as of the most recent date on which such other rating agency and S&P and/or KBRA published ratings for the type of security in respect of which such alternative rating agency is used. “Regulation S” means Regulation S promulgated under the 1933 Act. “Regulation S Global Notes” means, collectively, the Temporary Regulation S Global Notes and the Permanent Regulation S Global Notes. “Restricted Period” means, with respect to any Series 2024-1 Class A-2 Notes sold pursuant to Regulation S, the period commencing on the Series 2024-1 Closing Date and ending on the 40th day after the Series 2024-1 Closing Date.