Scheduled Payment Date definition
Examples of Scheduled Payment Date in a sentence
Subject to Section 7.02, the sole remedy of the Issuing Entity, the Owner Trustee, the Indenture Trustee, the Certificateholders or the Noteholders with respect to a breach pursuant to Section 4.02, 4.05, 4.06 or 7.01 or the extension of a Receivable beyond the month immediately preceding the month in which the Final Scheduled Payment Date for the Class C Notes occurs under Section 4.02 shall be to require the Servicer to purchase such Receivables.
Notwithstanding the foregoing, the entire unpaid principal amount of the Notes shall be due and payable, if not previously paid, on the related Final Scheduled Payment Date or the date on which an Event of Default shall have occurred and be continuing, if the Indenture Trustee or Noteholders representing not less than a majority of the Outstanding Amount have declared the Notes to be immediately due and payable in the manner provided in Section 5.02.
Accrued Commitment Fees shall be payable in arrears on each Scheduled Payment Date, commencing on the first such date to occur after the date hereof, and on the Revolving AMERICAS 123463960 Commitment Termination Date.