Qualifying Payment Date definition

Qualifying Payment Date means (x) any Payment Date for which during the related Due Period Pledged Loans (other than any Loans included in the FICO Score of 7-Year Loans Excess Amount or the FICO Score of 10-Year Loans Excess Amount) with an aggregate Loan Balance on the first day of such Due Period equal to at least 40% of the Aggregate Loan Balance on the first day of such Due Period are released from the Lien of the Indenture pursuant to Section 5.4 and (y) each of the three Payment Dates immediately following any Payment Date specified in clause (x).

Related to Qualifying Payment Date

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • lump sum payment period means the period measured in weeks of salary, for which payment has been made to facilitate the transition to retirement or to other employment as a result of the implementation of various programs to reduce the size of the Public Service. The lump sum payment period does not include the period of severance pay, which is measured in a like manner.

  • Legal Final Payment Date means the one-year anniversary of the Expected Final Payment Date.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Expected Final Payment Date means the September 2021 Distribution Date.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Redemption Payment Date As defined in Section 13.1.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Section 409A Payment Date means the earlier of (a) the date of Executive’s death or (b) the date that is six months after the date of termination of Executive’s employment with the Company.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Lump Sum Payment means, collectively, the lump-sum payments that may be payable to Executive pursuant to the first sentence of Subsection 6(b)(iii) and pursuant to Subsection 6(c)(ii)(B).