Recovery Election Date definition

Recovery Election Date means the Group 1 Recovery Election Date or the Group 2 Recovery Election Date, as applicable.
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Recovery Election Date means the Termination Date, if Written-down Notes exist on such date.
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Examples of Recovery Election Date in a sentence

  • See "Description of the Notes — Recovery Election Dates." Recovery Election Date The Recovery Election Date for a Group of Notes will bethe related Group Termination Date, if Written-down Notes exist in that Group of Notes on such date.

  • In addition, on the Group 1 Recovery Election Date, if any, the Holders of Written-down Group 1 Notes may elect either (x) to receive their proportionate shares of the Group 1 Projected Recovery Amount on the Group 1 Recovery Election Date or (y) to receive their proportionate shares of the Group 1 Liquidation Recovery Amount on the Group 1 Liquidation Date.

  • If there are unrecovered losses on any Notes as of the related Recovery Election Date, holders of those Notes will be entitled to certain projected recovery payments on that date or, alternatively, certain liquidation payments 30 months following such date, subject to the conditions described in "RECOVERY ELECTION DATES."The Reference Obligations will be divided into two "Loan Groups".

  • The Notes will be issued at par and, except for the Class 1M-2I and Class 2M-2I Notes, will be 12.5-year, uncapped LIBOR-based floaters.On the Recovery Election Date, if any, for a Group, the Class Principal Balances of all outstanding Notes in that Group will be paid in full.

  • In addition, on the Recovery Election Date, if any, for a Group of Notes, Holders of Written-down Notes may elect either (x) to receive their proportionate shares of the related Projected Recovery Amount on such Recovery Election Date or (y) to receive their proportionate shares of the Liquidation Recovery Amount on the applicable Liquidation Date.

  • In addition, on the Group 2 Recovery Election Date, if any, the Holders of Written-down Group 2 Notes may elect either (x) to receive their proportionate shares of the Group 2 Projected Recovery Amount on the Group 2 Recovery Election Date or (y) to receive their proportionate shares of the Group 2 Liquidation Recovery Amount on the Group 2 Liquidation Date.

  • Fannie Mae will make monthly payments of accrued interest and periodic payments of principal to the Noteholders.The Notes will be issued at par and will be 12.5-year, uncapped LIBOR-based floaters.On the Recovery Election Date, if any, for a Group, the Class Principal Balances of all outstanding Notes in that Group will be paid in full.

  • In addition, on the Connecticut Avenue Securities, Series 2015-C04 CONFIDENTIAL PRELIMINARY TERM SHEET Recovery Election Date, if any, for a Group of Notes, Holders of Written-down Notes may elect either (x) to receive their proportionate shares of the related Projected Recovery Amount on such Recovery Election Date or (y) to receive their proportionate shares of the Liquidation Recovery Amount on the applicable Liquidation Date.

  • If there are unrecovered losses on any Offered Notes as of the related Recovery Election Date, holders of those Notes will be entitled to certain projected recovery payments on that date or, alternatively, certain liquidation payments 30 months following such date, subject to the conditions described in "RECOVERY ELECTION DATES."The Reference Obligations will be divided into two "Loan Groups".

  • Otherwise, those Holders who so elect to receive the Group 1 Projected Recovery Amount will receive their proportionate shares of such amount on the Group 1 Recovery Election Date and each Holder not electing to receive the Group 1 Projected Recovery Amount (including any Holder who makes no election) will receive its proportionate share of the Group 1 Liquidation Recovery Amount on the Group 1 Liquidation Date.

Related to Recovery Election Date

  • Election Date has the meaning specified in Section 312(h).

  • Primary election means any regular primary election held under the election

  • 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).

  • Scheduled Final Distribution Date No.: H-1 September 15, 2021 This certifies that Cede & Co. is the registered owner of a beneficial ownership interest in a Trust Fund, including the distributions to be made with respect to the Class H Certificates. The Trust Fund, described more fully below, consists primarily of a pool of Mortgage Loans secured by first liens on commercial, multifamily and manufactured housing properties and held in trust by the Trustee and serviced by the applicable Servicer. The Trust Fund was created, and the Mortgage Loans are to be serviced, pursuant to the Pooling and Servicing Agreement (as defined below). The Holder of this Certificate, by virtue of the acceptance hereof, assents to the terms, provisions and conditions of the Pooling and Servicing Agreement and is bound thereby. Also issued under the Pooling and Servicing Agreement are the Class A-1, Class A-1D, Class A-2, Class A-3, Class A-AB, Class A-4, Class A-5, Class A-1S, Class A-M, Class A-J, Class A-1A, Class XP, Class B, Class C, Class D, Class E, Class F, Class XS, Class G, Class J, Class K, Class L, Class M, Class N, Class O, Class P, Class Q, Class S, Class T, Class R and Class LR Certificates (together with the Class H Certificates, the "Certificates"; the Holders of Certificates issued under the Pooling and Servicing Agreement are collectively referred to herein as "Certificateholders"). This Certificate is issued pursuant to, and in accordance with, the terms of a Pooling and Servicing Agreement dated as of October 1, 2006 (the "Pooling and Servicing Agreement"), by and among Deutsche Mortgage & Asset Receiving Corporation, as Depositor, Capmark Finance Inc., as servicer (the "Capmark Servicer") with respect to all of the Mortgage Loans other than the mortgage loans known as the Ala Moan Portfolio Loan and the Fair Lakes Office Portfolio Loan which are being serviced by Wachovia Bank, National Association (the "Wachovia Servicer" and collectively with the Capmark Servicer, the "Servicers"), J.E. Robert Company, Inc., as specixx xexxxxxx (the "Special Servicer") and LaSalle Bank National Association, as trustee, (the "Trustee") and Paying Agent. To the extent not defined herein, capitalized terms used herein shall have the meanings assigned thereto in the Pooling and Servicing Agreement. The Trustee makes no representation or warranty as to any of the statements contained herein or the validity or sufficiency of the Certificates or the Mortgage Loans and has executed this Certificate in its limited capacity as Trustee under the Pooling and Servicing Agreement. Pursuant to the terms of the Pooling and Servicing Agreement, the Trustee, or the Paying Agent on behalf of the Trustee, will distribute (other than the final distribution on any Certificate), on the tenth day of each month, or if such day is not a Business Day, the Business Day immediately following such day, commencing in November 2006 (each such date, a "Distribution Date") an amount equal to such Person's pro rata share (based on the Percentage Interest represented by this Certificate) of that portion of the aggregate amount of principal and interest then distributable, if any, allocable to the Class H Certificates for such Distribution Date, all as more fully described in the Pooling and Servicing Agreement. Holders of this Certificate may be entitled to Prepayment Premiums and Yield Maintenance Charges as provided in the Pooling and Servicing Agreement. During each Interest Accrual Period (as defined below), interest on the Class H Certificates will be calculated based on a 360-day year consisting of twelve 30-day months on the outstanding Certificate Balance hereof.

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.

  • Class A-1 Final Scheduled Distribution Date means the Distribution Date.

  • Regular primary election means the election on the fourth Tuesday of June of

  • Excess Cash Flow Payment Date means the earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).

  • Semi-Annual Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions--Semi-Annual Distributions" in the Prospectus Part I for a Trust.

  • Income Account Distribution Date means the "Distribution Dates" set forth in the "Essential Information" in the Prospectus.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Selection Date means, with respect to each New Account, the date on which such New Account is originated.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Election Period shall have the meaning set forth in Section 14.3(a).

  • Leave application date means the date on which a person granted stateless leave made an application to remain in the UK as a stateless person under the immigration rules (within the meaning given in section 33(1) of the Immigration Act 1971).

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Class A-4 Final Scheduled Distribution Date means December 16, 2024.

  • Scheduled Distribution means, with respect to any Collateral Loan, for each Due Date, the scheduled payment of principal and/or interest and/or fees due on such Due Date with respect to such Collateral Loan.

  • Collection Date means the date on which the aggregate outstanding principal amount of the Advances have been repaid in full and all Interest and fees and all other Obligations (other than contingent indemnification and reimbursement obligations which are unknown, unmatured and/or for which no claim giving rise thereto has been asserted) have been paid in full, and the Borrower shall have no further right to request any additional Advances.

  • Election cycle means the period beginning on the first day persons are eligible to

  • Class A-3 Final Scheduled Distribution Date means January 15, 2021.

  • Redetermination Date means, with respect to any Scheduled Redetermination or any Interim Redetermination, the date that the redetermined Borrowing Base related thereto becomes effective pursuant to Section 2.07(d).

  • Election Year means a year in which ordinary elections for local governments are required to be held;

  • Class A-2 Final Scheduled Distribution Date means the Distribution Date.