RAPID AMORTISATION PERIOD means the period starting from and including the Rapid Amortisation Commencement Date.
RAPID AMORTISATION PERIOD means the Amortisation Period commencing on the Pay Out Commencement Date (other than a Pay Out Commencement Date resulting solely from a Regulated Amortisation Trigger Event) and ending on the earlier to occur of (a) the Series 05-4 Termination Date and (b) the termination of the Receivables Trust pursuant to Clause 6.3 or Clause 8;
RAPID AMORTISATION PERIOD means the period commencing on the day on which a Pay-Out Event (not being a Regulated Amortisation Trigger Event) is deemed to occur pursuant to the provisions of the Applicable Supplement, and ending (for the purposes of these Conditions) on the earlier of (i) the day on which the Investor Interest is reduced to zero and (ii) the Series Termination Date specified in the Applicable Supplement;
Examples of RAPID AMORTISATION PERIOD in a sentence
Unless the Rapid Amortisation Period has commenced prior to the relevant Scheduled Redemption Date, each Class of Loan Note will be redeemed on its Scheduled Redemption Date.
More Definitions of RAPID AMORTISATION PERIOD
RAPID AMORTISATION PERIOD means the Amortisation Period commencing on the Pay Out Commencement Date (other than a Pay Out Commencement Date resulting solely from a Regulated Amortisation Trigger Event) and ending on the earlier to occur of (a) the Series 02-1 Termination Date and (b) the termination of the Receivables Trust pursuant to Clause 6.3 or Clause 8;
RAPID AMORTISATION PERIOD. ’ means the period commencing on the first day of the monthly period next following the day on which a Pay-Out Event (not being a Regulated Amortisation Trigger Event – as defined in the Series 2007-1 Trust Supplement) is deemed to occur pursuant to the provisions of the Series 2007-1 Trust Supplement and ending (for the purposes of these Conditions) on the earlier of (i) the day on which the Receivables Trust is dissolved following the occurrence of an Insolvency Event and (ii) the Series Termination Date specified in the Series 2007-1 Trust Supplement;
RAPID AMORTISATION PERIOD means the period commencing on the first day of the monthly period next following the day on which a Pay-Out Event (not being a Regulated Amortisation Trigger Event) is deemed to occur pursuant to the provisions of the relevant Series Trust Supplement and ending (for the purposes of these Conditions) on the earlier of (i) the day on which the Receivables Trust is dissolved following the occurrence of an Insolvency Event and (ii) the Series Termination Date specified in the relevant Series Trust Supplement;
RAPID AMORTISATION PERIOD means, for any Series the period commencing on the day on which a rapid amortisation trigger event is deemed to occur for the related Loan Note pursuant to the provisions of the relevant Series Supplement, and ending on the earlier of (i) the day on which the outstanding principal amount of the related Loan Note is reduced to zero and (ii) the Final Redemption Date of the Notes;
RAPID AMORTISATION PERIOD means the period commencing on the Pay Out Commencement Date and ending on the earlier to occur of:
RAPID AMORTISATION PERIOD has the meaning given to it in the Security Trust Deed and Cash Management Agreement; Rating Agencies means Moody's, S&P and Fitch;
RAPID AMORTISATION PERIOD. ’ means, for any Series, for the purposes of these Conditions, the period commencing on the day on which a Rapid Amortisation Trigger Event is deemed to occur for the related Series Investor Interest pursuant to the provisions of the relevant RTDSA Supplement, and ending on the earlier of (i) the day on which the outstanding principal amount of the related Series Investor Interest is reduced to zero and (ii) the Final Redemption Date of the relevant Series of Notes;