Effective Distribution Date definition

Effective Distribution Date shall have the meaning specified in Section 4.12 hereof.
Effective Distribution Date shall have the meaning specified in --------------------------- Section 4.12 hereof. "Excess Funded Amount," for any Distribution Date prior to and -------------------- including the Series 1994-1 Final Payment Date, shall mean an amount equal to the product of (a) the excess, if any, of (i) the Required Pool Balance on the day immediately prior to such Distribution Date over (ii) the Pool Balance at the end of the preceding Collection Period and (b) a fraction the numerator of which is the Series 1997-1 Required Balance and the denominator of which is the aggregate of the required balances (including the Series 1997-1 Required Balance) for all Series providing for excess funding accounts or similar arrangements that are in their revolving periods. "Excess Funded Amount," for any date after the Series 1994-1 Final -------------------- Payment Date, shall mean an amount equal to the product of (a) the excess, if any, of (i) the Required Pool Balance as of the end of the immediately preceding day over (ii) the Pool Balance as of the end of such immediately preceding day and (b) a fraction the numerator of which is the Series 1997-1 Required Balance and the denominator of which is the aggregate of the required balances (including the Series 1997-1 Required Balance) for all Series providing for excess funding amounts or similar arrangements that are in their revolving periods or, if applicable their amortization periods, all calculated as of the end of the immediately preceding day.
Effective Distribution Date has the meaning set forth in Clause 6.1(i) hereof.

Examples of Effective Distribution Date in a sentence

  • The Servicer shall effect an election not to extend the Initial Principal Payment Date by delivering a written notice (the "Notice Not to Extend") to the Trustee stating that BCI elects, effective as of a Distribution Date stated in the notice (the "Effective Distribution Date"), that the Initial Principal Payment Date not be extended beyond such Effective Distribution Date.

  • To be effective, the Notice Not to Extend shall be delivered to the Trustee not later than the Distribution Date immediately preceding the Effective Distribution Date.

  • CBD agrees to deliver to Sendas, within thirty (30) days as from the Effective Distribution Date, a media certified by Intralinks including a copy of the contents of the virtual data room relating to the Business Separation.

  • Further, Company represents, warrants and covenants that it exclusively owns all right, title and interest in all the registered trademarks under the "Owned Trademarks and Other Intellectual Property Rights" heading on Exhibit 10.2 attached, and has the right to license and use the names, likenesses, marks and characters under the "Licensed Trademarks and Other Intellectual Property Rights" heading as of the Effective Distribution Date as set forth on Exhibit 10.2 attached.

  • The effective date for commencing Collaborative's distribution rights under that agreement ("the Effective Distribution Date") will be the earlier of the ending date of the Research and Development License Period or the date on which the parties mutually agree that the first such Product has been developed.

  • Except as otherwise described in this Agreement, following the Effective Distribution Date, Distributor will manage, in reasonable consultation with Company, all aspects of the sale and distribution of the Products in the Territory, either itself or through Subdistributors.

Related to Effective Distribution Date

  • Initial Distribution Date means the date occurring as soon as reasonably practicable after the Effective Date when distributions under the Plan shall commence.

  • First Distribution Date Aggregate Original Principal [DATE] Balance of all Class A-R Certificates: $________ Cut-off Date: [DATE] Number 98-[ ]-A-R-1 Certificate Rate: ___% MULTI-CLASS MORTGAGE PASS-THROUGH CERTIFICATE Series [ ] evidencing an ownership interest in distributions allocable to the Residual Interest Certificates with respect to a pool of conventional one- to four-family first mortgage loans formed and sold by Chase Manhattan Acceptance Corporation This Certificate does not represent an obligation of or interest in Chase Manhattan Acceptance Corporation, the Servicer or the Trustee referred to below or any of their affiliates. Neither this Certificate nor the underlying Mortgage Loans are guaranteed or insured by Chase Manhattan Acceptance Corporation, Chase Manhattan Mortgage Corporation, the Trustee or by any of their affiliates or by any governmental agency or instrumentality. NO TRANSFER OF THIS CERTIFICATE SHALL BE MADE UNLESS THE DEPOSITOR SHALL HAVE RECEIVED EITHER (i) A REPRESENTATION LETTER FROM THE TRANSFEREE OF THIS CERTIFICATE TO THE EFFECT THAT SUCH TRANSFEREE EITHER (A) IS NOT AN EMPLOYEE BENEFIT PLAN (A "PLAN") WITHIN THE MEANING OF SECTION 406 OF THE EMPLOYEE RETIREMENT INCOME SECURITY ACT OF 1974, AS AMENDED ("ERISA"), AND IS NOT DIRECTLY OR INDIRECTLY PURCHASING ANY CERTIFICATE ON BEHALF OF, AS INVESTMENT MANAGER OF, AS NAMED FIDUCIARY OF, AS TRUSTEE OF OR WITH ASSETS OF A PLAN OR, IN THE CASE OF AN INSURANCE COMPANY, THE ASSETS OF ANY SEPARATE ACCOUNTS TO EFFECT SUCH ACQUISITION OR (B) THE SOURCE OF FUNDS FOR THE PURCHASE OF THE CERTIFICATES IS AN "INSURANCE COMPANY GENERAL ACCOUNT" WITHIN THE MEANING OF PROHIBITED TRANSACTION CLASS EXEMPTION 95-60 ("PTCE 95-60"), 60 FED. REG. 35925 (JULY 12, 1995), AND THE CONDITIONS SET FORTH IN SECTION I AND SECTION III OF PTCE 95-60 ARE SATISFIED WITH RESPECT TO THE PURCHASE AND HOLDING OF THE CERTIFICATES, OR (ii) IF THIS CERTIFICATE IS PRESENTED FOR REGISTRATION IN THE NAME OF A PLAN SUBJECT TO TITLE I OF ERISA, OR SECTION 4975 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED (THE "CODE") (OR COMPARABLE PROVISIONS OF ANY SUBSEQUENT ENACTMENTS), OR A TRUSTEE OF ANY SUCH PLAN, OR ANY OTHER PERSON WHO IS USING THE ASSETS OF ANY SUCH PLAN TO EFFECT SUCH ACQUISITION, AN OPINION OF COUNSEL TO THE EFFECT THAT THE PURCHASE OR HOLDING OF THIS CERTIFICATE WILL NOT RESULT IN THE ASSETS OF THE TRUST FUND BEING DEEMED TO BE "PLAN ASSETS" PURSUANT TO THE DEPARTMENT OF LABOR PLAN ASSET REGULATIONS SET FORTH IN 29 C.F.R. ss.2510.3-101 AND TO BE SUBJECT TO THE FIDUCIARY RESPONSIBILITY PROVISIONS OF ERISA OR THE PROHIBITED TRANSACTION PROVISIONS OF THE CODE, WILL NOT CONSTITUTE OR RESULT IN A PROHIBITED TRANSACTION WITHIN THE MEANING OF SECTION 406 OR SECTION 407 OF ERISA OR SECTION 4975 OF THE CODE, AND WILL NOT SUBJECT THE TRUSTEE, THE SERVICER, THE COMPANY OR ANY OF THEIR AFFILIATES TO ANY OBLIGATION OR LIABILITY (INCLUDING OBLIGATIONS OR LIABILITIES UNDER ERISA OR SECTION 4975 OF THE CODE) RELATING TO THE CERTIFICATES.

  • Special Distribution Date Means, with respect to the Certificates of any series, each date on which a Special Payment is to be distributed as specified in this Agreement.

  • Final Distribution Date The Distribution Date on which the final distribution in respect of the Certificates is made pursuant to Section 9.01.

  • Current Distribution Date means a Distribution Date specified as a reference date for calculating the Expected Distributions with respect to the Certificates of any Trust as of such Distribution Date.