Review Demand Date definition

Review Demand Date means, for a Review, the date when the Indenture Trustee determines that each of (a) the Delinquency Trigger has occurred and (b) the required percentage of Noteholders has voted to direct a Review under Section 7.2 of the Indenture.

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Review Demand Date means, for a Review, the date the Delinquency Trigger has occurred and when the Indenture Trustee determines that the required percentage of Noteholders has voted to direct a Review under Section 7.7 of the Indenture.

Examples of Review Demand Date in a sentence

• A summary of Dealers that Ford Credit has declared “status” as of the end of the month before the Review Demand Date stated in the Review Notice (the “Status Dealer Summary”).

• Copies of applicable Ford Credit procedures as of the end of the month before the Review Demand Date stated in the Review Notice.