Rapid Amortization Period definition

Rapid Amortization Period means the Amortization Period commencing on the Pay Out Commencement Date and ending on the earlier to occur of (a) the Series 2001-D Termination Date and (b) the termination of the Trust pursuant to Section 12.01 of the Agreement.

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Rapid Amortization Period means the period beginning on the Rapid Amortization Commencement Date until the termination of the Indenture.

Rapid Amortization Period means the Amortization

Examples of Rapid Amortization Period in a sentence

• If any Weekly Allocation Date occurs during a Rapid Amortization Period or Series 2025-1 Class A-1 Senior Notes Amortization Period, the Master Issuer shall instruct the Trustee in writing in accordance with the applicable Weekly Manager’s Certificate to allocate from the Collection Account for payment of principal on the Series 2025-1 Senior Notes the amounts contemplated by the Priority of Payments for such principal.

• If the conditions to any Borrowing described in Section 7.03 are satisfied on the requested Borrowing date, there shall be no conditions whatsoever (including, without limitation, the occurrence of a Rapid Amortization Period, notwithstanding any statement to the contrary in Section 7.03) to the obligation of the Committed Note Purchasers to fund the requested amount on the related Delayed Funding Date.

More Definitions of Rapid Amortization Period

Rapid Amortization Period means, with respect to any Series of Notes, the period specified in the applicable Series Supplement.

Rapid Amortization Period means the period from, and including, the Rapid Amortization Commencement Date to, and including, the earlier of (i) the date of the final distribution to Investor Certificateholders of the Series established hereby or (ii) the Series Termination Date. The first Distribution Date of the Rapid Amortization Period shall be the Distribution Date in the calendar month following the Rapid Amortization Commencement Date.

Rapid Amortization Period. The period beginning on the earlier of (i) the first day following the end of the Managed Amortization Period and (ii) the occurrence of a Rapid Amortization Event, and ending upon the termination of the Issuer.

Rapid Amortization Period. The period commencing on the day immediately following the end of the Managed Amortization Period and continuing until the termination of the Trust pursuant to Section 8.01.

Rapid Amortization Period means, (a) if on the day on which a Trust Pay Out Event or a Series 1996-E Pay Out Event is deemed to have occurred the Servicer need not make daily deposits into or withdrawals from the Collection Account pursuant to Section 4.03(a) of the Agreement, the period commencing at the close of business on the Business Day immediately preceding the first day of the Monthly Period in which such Trust Pay Out Event or Series 1996-E Pay Out Event is deemed to have occurred or (b) otherwise, the period commencing at the close of business on the Business Day immediately preceding the day on which a Trust Pay Out Event or a Series 1996-E Pay Out Event is deemed to have occurred, and ending on the first to occur of (i) the payment in full to the Class A Certificateholders and the Class B Certificateholders of the Class A Investor Amount and the Class B Invested Amount, respectively, and the payment in full to the Collateral Interest Holder of the Collateral Invested Amount, if any, or (ii) the Series Termination Date.

Rapid Amortization Period means the period commencing on the date on which a Trust Pay Out Event or a Series 2025-1 Pay Out Event is deemed to occur and ending on the Series Termination Date.

Rapid Amortization Period. With respect to each Class of Notes, the period which immediately follows the end of the Managed Amortization Period with respect to such Class of Notes.