Regular Collection Calculation Date definition

Regular Collection Calculation Date has the meaning given in Clause 1 of the Accounts Receivables Trust Agreement.
Regular Collection Calculation Date means the fifteenth (15th) day or the last day of each month (or the immediately following Business Day if such date is not a Business Day); provided, however, that the first Regular Collection Calculation Date shall be March 31, 2004.

Examples of Regular Collection Calculation Date in a sentence

  • In this case, the Trustee shall notify the Settlor and the Beneficiary of its intent to terminate this Agreement and this Agreement shall terminate as of the first Regular Collection Calculation Date after the date on which the Trustee sends such notice.