Class Expected Final Payment Date definition
Examples of Class Expected Final Payment Date in a sentence
On each Determination Date, the Servicer will determine the "Controlled Accumulation Period Length" that will equal the number of Due Periods such that the Class Controlled Accumulation Amount for the Due Period related to the Class Expected Final Payment Date, when aggregated with the Class Controlled Accumulation Amounts for each preceding Due Period, will equal or exceed the Series Initial Investor Interest.
The Master Servicer may from time to time elect to delay either the Class Expected Final Payment Date or the Series Termination Date, subject to the conditions set forth in this Section 33.
Class Expected Final Payment Date The Distribution Date in January 2012 or such later date as determined by the Master Servicer by notice to the Trustee in accordance with Section 33.
Delay of the Class Expected Final Payment Date or Series Termination Date.
The Class Expected Final Payment Date and the Series Termination Date may be delayed pursuant to Section 33 of the Series Supplement.
The Master Servicer may from time to time delay either the Class Expected Final Payment Date or the Series Termination Date, subject to the conditions set forth in this Section 33.
The Sellers may make such election only if the Trustee and the Rating Agencies shall have been notified of such delay in writing, at least 5 business days in advance of the scheduled Class Expected Final Payment Date or the Series Termination Date, as applicable, which notice shall set forth the new Class Expected Final Payment Date or Series Termination Date, as applicable.