Monthly Determination Date definition

Monthly Determination Date means, with respect to any Payment Date, the date that is two (2) Business Days prior to such Payment Date.
Monthly Determination Date means, with respect to each Monthly Reporting Date, the 10th Business Day preceding such Monthly Reporting Date.
Monthly Determination Date means the last day of the calendar month immediately preceding the applicable Payment Date.

Examples of Monthly Determination Date in a sentence

  • AFC Payment Date: Monthly Determination Date: AFCCollections Ledger:The day falling two Business Days prior to each Note Payment Date.

  • The consequence of this breach is that the Originator must, within 14 calendar days either make Set-Off Advances or apply Set-Off Discounts such that the Set-Off Reserve Test is met and to ensure it continues to be met on each subsequent Monthly Determination Date.

  • However, the final public offering price and the exercise price of the warrants will be a negotiated price and the final number of units being offered hereby will be based on such negotiated offering price.

  • On each Monthly Determination Date (including a Monthly Determination Date which is also a Quarterly Determination Date), the Manager will calculate the amount, if any, by which the Total Available Funds for the Monthly Collection Period ending immediately prior to that Monthly Determination Date exceeds the Total Payments for that same Monthly Collection Period.

  • On each Monthly Determination Date the Manager shall determine an amount, not exceeding 2% of the Invested Amount of the Notes, which it reasonably anticipates will be required in the Monthly Collection Period following that in which that Monthly Determination Date occurs to fund further Redraws under Purchased Loans in addition to any prepayments of principal that it anticipates will be received from Borrowers during that Monthly Collection Period.


More Definitions of Monthly Determination Date

Monthly Determination Date means the sixteenth (16th) day of each calendar month, or if such sixteenth (16th) day is not a Business Day, the next succeeding Business Day.
Monthly Determination Date means the second London Business Day prior to the start of each Interest Period;
Monthly Determination Date shall have the meaning specified in Section 1.2 of the Depositary Agreement.
Monthly Determination Date means a date that occurs on the third Friday of each month (or, if that Friday is not a Trading Day, on the immediately preceding Trading Day), commencing on October 21, 2005 and ending on the Final Valuation Date. The “Net Investment Value” of the PISTONS equals, on September 26, 2005, $9.775 (the “Initial Net Investment Value”), and on any other Trading Day, the product of (x) the Net Investment Value of the PISTONS on the prior Trading Day and (y) the Index Return Percentage. The Net Investment Value of the PISTONS will be reduced at the end of the last Trading Day of each Monthly Calculation Period by (1) a Monthly Charge Adjustment Amount and (2) a Monthly Investment Adjustment Amount. The “Index Return Percentage” on any Trading Day equals Ending Index Value Starting Index Value
Monthly Determination Date means the last day of each calendar month, with the first such Monthly Determination Date being 31 July 2006;
Monthly Determination Date means in relation to a Monthly Payment Period, the last Business Day of such Monthly Payment Period.
Monthly Determination Date means in relation to a Monthly Interest Period, the last Business Day of such Monthly Interest Period.