Pre-Funding Period definition

Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

Pre-Funding Period. The period from the Closing Date until the earliest of (i) the date on which the amount on deposit in the Pre-Funding Account (exclusive of investment income) is reduced to zero or (ii) December 17, 2005.

Pre-Funding Period. The period beginning on the Closing Date and ending on the earlier to occur of (a) the date upon which the amount on deposit in the Pre-Funding Account is less than $10,000 and (b) September 6, 2006

Examples of Pre-Funding Period in a sentence

• Actual Number of Days from Payment Date to End of Pre-Funding Period 0 d.

• Transfer of Prefunding Account Balance due to End of Pre-Funding Period 0.00 10.

• On the Payment Date on which the Pre-Funding Period ends (or, if the Pre-Funding Period does not end on a Payment Date, on the first Payment Date following the end of the Pre-Funding Period), the Servicer shall instruct the Indenture Trustee to release to the Seller on such Payment Date all amounts remaining on deposit in the Negative Carry Account after giving effect to any withdrawals of the Negative Carry Amount on such Payment Date.

• End of Pre-Funding Period (if balance in Pre-Funding Account balance is $100,000 or greater) 16-Dec-02 C.

• Pursuant to the related Custodial Agreement, not later than 90 days after the end of the Pre-Funding Period, the related Custodian is required to deliver to the Depositor, the Seller, the Trustee and the related Servicer a Final Certification with respect to the Subsequent Mortgage Loans in the form annexed hereto as Exhibit H with any applicable exceptions noted thereon.

More Definitions of Pre-Funding Period

Pre-Funding Period. The period commencing on the Startup Date and ending on the earliest to occur of (i) the date on which the amount on deposit in the Pre-Funding Account (exclusive of any investment earnings) is less than $100,000, (ii) the date on which any Event of Default occurs and (iii) August 24, 2006.

Pre-Funding Period. The period from the Closing Date until the earlier of (i) the date on which the amount on deposit in the Pre-Funding Account is reduced to less than $50,000 or (ii) June 29, 2007.

Pre-Funding Period. The period commencing on the Closing Date and ending on ------------------ the earliest to occur of (i) the Distribution Date on which the aggregate amount on deposit in the Pre-Funding Account is equal to or less than $100,000, (ii) the commencement of the Rapid Amortization Period, or (iii) August 20, 1998.

Pre-Funding Period. With respect to each Loan Group, the period commencing on the Closing Date and ending on the earlier to occur of (i) the date on which the amount on deposit in the Pre-Funding Accounts (exclusive of any investment earnings) is less than $[ ] and (ii) [ ].

Pre-Funding Period has the meaning specified in the Sale and Servicing Agreement.

Pre-Funding Period means the period from and including the Closing Date and ending on the earliest of (i) the last day of the Collection Period on which the amount in the Pre-Funding Account (after giving effect to any transfers of Receivables to the Trust after the Closing Date and on or before such date) is less than $100,000, (ii) the date on which an Event of Default or an Event of Servicing Termination occurs, (iii) the date on which an Insolvency Event occurs with respect to MART II or the Servicer and (iv) the close of business on [ ].

Pre-Funding Period. The period beginning on the Closing Date and ending on the earlier of the date on which (a) the amount on deposit in the related Pre-Funding Account is less than $_________ or (b) the close of business on __________, 199_.