Expected Principal Distribution Date definition

Examples of Expected Principal Distribution Date in a sentence

• However, if the Accumulation Period Length (determined as described below) is less than 12 months, the date on which the Controlled Accumulation Period actually commences will be delayed to the first Business Day of the month that is the number of whole months prior to the Expected Principal Distribution Date at least equal to the Accumulation Period Length and, as a result, the number of Monthly Periods in the Controlled Accumulation Period will at least equal the Accumulation Period Length.

• The amount deposited shall be applied on the Expected Principal Distribution Date pursuant to Section 4.4(d) as if the commencement of the Controlled Accumulation Period had not been suspended.

• All Notes of each Series or Class under this Indenture will in all respects be equally and ratably entitled to the benefits hereof with respect to such Series or Class without preference, priority or distinction on account of the actual time of the authentication and delivery or the Expected Principal Distribution Date or Legal Final Maturity Date of the Notes of such Series or Class, except as specified in the applicable Indenture Supplement for such Series or Class.

• The amount deposited shall be applied on the Expected Principal Distribution Date pursuant to Section 4.4(d) as if the -------------- commencement of the Controlled Accumulation Period had not been suspended.

• The Expected Principal Distribution Date is the ____________ Distribution Date, but principal with respect to the Class B Notes May be paid earlier or later under certain circumstances described in the Indenture.