DISTRIBUTION DATE OCCURRING IN definition
DISTRIBUTION DATE OCCURRING IN. PERCENTAGE: ------------------------------- ----------- June 2006 through August 2006.................... 1.51% September 2006 through November 2006............. 3.03% December 2006 through February 2007.............. 4.54% March 2007 through May 2007...................... 6.05% June 2007 through August 2007.................... 7.81%
DISTRIBUTION DATE OCCURRING IN. Loss Percentage:
DISTRIBUTION DATE OCCURRING IN. PERCENTAGE: ------------------------------- ----------- June 2005 through August 2005............................................. 1.56% September 2005 through November 2005...................................... 3.12% December 2005 through February 2006....................................... 4.68% March 2006 through May 2006............................................... 6.24% June 2006 through August 2006............................................. 8.06% September 2006 through November 2006...................................... 9.88% December 2006 through February 2007....................................... 11.70% March 2007 through May 2007............................................... 13.52% June 2007 through August 2007............................................. 15.08% September 2007 through November 2007...................................... 16.64% December 2007 through February 2008....................................... 18.20% March 2008 through May 2008............................................... 19.76% June 2008 and thereafter.................................................. 20.00%
Examples of DISTRIBUTION DATE OCCURRING IN in a sentence
THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL DECREASE PURSUANT TO THE GRANTOR TRUST AGREEMENT DATED AS OF OCTOBER 12, 2005 (THE “AGREEMENT”) BETWEEN THE NATIONAL COLLEGIATE FUNDING LLC AND U.S. BANK NATIONAL ASSOCIATION; PROVIDED HOWEVER, , ON AND AFTER THE DISTRIBUTION DATE OCCURRING IN NOVEMBER 2010, SUCH CURRENT NOTIONAL AMOUNT SHALL EQUAL ZERO.
THE CURRENT NOTIONAL AMOUNT OF THIS CERTIFICATE WILL DECREASE PURSUANT TO THE GRANTOR TRUST AGREEMENT DATED AS OF OCTOBER 12, 2005 (THE “AGREEMENT”) BETWEEN THE NATIONAL COLLEGIATE FUNDING LLC AND U.S. BANK NATIONAL ASSOCIATION; PROVIDED HOWEVER, ON AND AFTER THE DISTRIBUTION DATE OCCURRING IN NOVEMBER 2010, SUCH CURRENT NOTIONAL AMOUNT SHALL EQUAL ZERO.
More Definitions of DISTRIBUTION DATE OCCURRING IN
DISTRIBUTION DATE OCCURRING IN. PERCENTAGE: ------------------------------- -----------
DISTRIBUTION DATE OCCURRING IN. STEP DOWN PERCENTAGE: ------------------------------- --------------------- March 2005 through February 2010 0% March 2010 through February 2011 30% March 2011 through February 2012 40% March 2012 through February 2013 60% March 2013 through February 2014 80% March 2014 and thereafter 100% SUBORDINATE CERTIFICATES: The Class M, Class B-1, Class B-2, Class B-3, Class B-4 and Class B-5 Certificates.