Common use of Period End Dates Clause in Contracts

Period End Dates. The Servicer shall establish the Period End Dates for each calendar year. The Period End Date will generally be the last Saturday of each calendar month unless the last Saturday of a calendar month is too close to the end of such month to permit orderly billing, in which event the Period End Date shall be the second to last Saturday of the month. The remaining Period End Dates for calendar year 1999 are set forth on Schedule X. On or prior to December 1 of each calendar year, commencing December 1, 1999, the Servicer shall deliver to SPV, the Issuer and the Indenture Trustee a list of the Period End Dates for the next calendar year and Schedule X shall be deemed to be amended thereby.

Appears in 3 contracts

Sources: Servicing Agreement (Greyhound Funding LLC), Transfer Agreement (Greyhound Funding LLC), Sold Subi Supplement to Servicing Agreement (Fah Co Inc)