During the Revolving Period Sample Clauses

During the Revolving Period. On or before each Distribution Date during the Revolving Period, the Servicer shall direct the Trustee that funds be paid or deposited, and the Trustee shall apply such funds in the following amounts, to the extent such funds are available and in the order of priority specified, to the account or Person indicated, in each case as set forth below.
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During the Revolving Period. On each Payment Date during the Revolving Period, the Servicer on behalf of the Borrower shall pay to the following Persons pursuant to the Monthly Report, to the extent of Available Funds, from the Collection Account and, to the extent of Available Funds, as applicable, from the Reserve Account, the following amounts in the following order of priority:
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During the Revolving Period. On each Payment Date during the Revolving Period, the Deal Agent shall pay to the following Persons, pursuant to the Monthly Report, from amounts transferred by the Collateral Custodian from each Collection Account to the corresponding Deal Agent’s Account, to the extent of Available Funds in such Collection Account and subject to Section 2.10(d), the following amounts in the following order of priority:
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During the Revolving Period. By the end of business, New York time, on each Business Day during the Revolving Period the Collateral Agent shall make, to the extent of available funds, the following transfers based on the Daily Report covering the Applicable Day, according to the following priorities, satisfying, to the extent required, each priority before making a transfer to any succeeding priority:
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During the Revolving Period. On each Determination Date, --------------------------- or more frequently at the option of the Servicer, allocate to the Series 1996-1 Certificateholders' Interest (x) an amount equal to the Floating Allocation Percentage of the Principal Collections for the prior Collection Period and remit such amounts to the Holder of the Exchangeable Transferor Certificate (except that such remittance shall not include Reallocated Principal Collections used to cover the Required Amount (except to the extent of the Class A Investor Default Amount) and shall not exceed the Transferor Interest on such Determination Date, after giving effect to any new Receivables purchased by the Holder of the Exchangeable Transferor Certificate and transferred to the Trust on such day) and (y) an amount equal to the Floating Allocation Percentage of the Finance Charge Collections for the prior Collection Period and deposit such amount into the Collection Account as and when required pursuant to Section 4.01;
Sample 1
During the Revolving Period. During the Revolving Period, the Floating Allocation Percentage of Principal Collections received each day will be deposited into the Collection Account as Excess Principal Collections no later than two (2) Business Days following the Date of Processing to the extent required to be distributed to other Series on the next succeeding Distribution Date and any excess will be remitted to the Transferor, unless such distribution of Principal Collections would reduce the Transferor Amount as a percentage of the Trust Principal Component below 10% (after giving effect to any new Receivables transferred to the Trust), in which case such amount will be retained in the Collection Account as Undistributed Principal Collections. Any Undistributed Principal Collections remaining in the Collection Account on the next succeeding Distribution Date will be deposited into the Special Funding Account and made available on subsequent Distribution Dates.
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During the Revolving Period. (i) Margin for Regular Advances and Same-Day Advances (other than Excess Concentration Advances and Agented Loan Advances):
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Related to During the Revolving Period

  • Allocations During the Revolving Period During the Revolving Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders or the Holder of the Seller Interest and pay or deposit from the Collection Account the following amounts as set forth below:

  • Revolving Period The Revolving Period shall not have ended;

  • Allocations During the Rapid Amortization Period During the Rapid Amortization Period, the Servicer shall, prior to the close of business on the day any Collections are deposited in the Collection Account, allocate to the Investor Certificateholders and pay or deposit from the Collection Account the following amounts as set forth below:

  • Allocations During the Controlled Accumulation Period During the Controlled Accumulation Period (A) an amount equal to the product of (I) the sum of the Class B Principal Percentage and the Collateral Principal Percentage and (II) the Principal Allocation Percentage and (III) the Series 2022-4 Allocation Percentage and (IV) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 2022-4 Certificateholders and retained in the Collection Account until applied as provided herein and (B) an amount equal to the product of (I) the Class A Principal Percentage and (II) the Principal Allocation Percentage and (III) the Series 2022-4 Allocation Percentage and (IV) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date (the product specified in this clause (B) for any such date is hereinafter referred to as a “Percentage Allocation”) shall be allocated to the Series 2022-4 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that if the sum of such Percentage Allocation and all preceding Percentage Allocations with respect to the same Monthly Period exceeds the Controlled Deposit Amount during the Controlled Accumulation Period for the related Distribution Date, then such excess shall not be treated as a Percentage Allocation and shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such Deposit Date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • During the Term (a) As compensation for services hereunder rendered during the Term hereof, Executive shall receive a base salary (“Base Salary”) of Five Hundred Thousand Dollars ($500,000) per year payable in equal installments in accordance with the Company’s payroll procedure for its salaried executives. Salary payments and other payments under this Agreement shall be subject to withholding of taxes and other appropriate and customary amounts. Executive may receive increases in his Base Salary from time to time, based upon his performance, subject to approval of the Company.

  • During the Employment Period (i) Executive shall devote Executive's full time and energy solely and exclusively to the performance of Executive's duties described herein, except during periods of illness or vacation periods.

  • Funding Period The Funding Period, if any, shall not have terminated.

  • Commitment Period Except in the case of any PIK Loan, such Borrowing Date shall occur during the Commitment Period.

  • Issuance Period Shelf Notes may be issued and sold pursuant to this Agreement until the earlier of (i) the third anniversary of the date of this Agreement (or if such anniversary date is not a Business Day, the Business Day next preceding such anniversary) and (ii) the thirtieth day after Prudential shall have given to the Company, or the Company shall have given to Prudential, a written notice stating that it elects to terminate the issuance and sale of Shelf Notes pursuant to this Agreement (or if such thirtieth day is not a Business Day, the Business Day next preceding such thirtieth day). The period during which Shelf Notes may be issued and sold pursuant to this Agreement is herein called the “Issuance Period”.

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