Monthly Allocation Date definition

Monthly Allocation Date means the first day of each calendar month or, if any such day is not a Business Day, the immediately succeeding Business Day.
View Source
Monthly Allocation Date means each of the dates set forth in the schedule of Monthly Manager’s Certificates delivery dates and Monthly Allocation Dates in the applicable Series Supplement.
View Source
Monthly Allocation Date has the meaning specified in the Master Servicing Agreement.
View Source

Examples of Monthly Allocation Date in a sentence

  • The Issuer (or the Manager on its behalf) shall, as set forth in the Monthly Manager’s Certificate relating to each Monthly Allocation Date, instruct the Trustee in writing to transfer any Investment Income on deposit in the Indenture Trust Accounts (other than the Collection Account) to the Collection Account for application as Collections on that Monthly Allocation Date.

  • All amounts held in the Collection Account shall be invested in Eligible Investments at the written direction (which may be standing directions) of the Issuer (or the Manager on its behalf); provided, however, that any such investment in the Collection Account shall mature not later than the Business Day prior to the next succeeding Monthly Allocation Date.

  • Any instructions or directions to be provided by the Issuer or the Manager referenced in this Article V (a) with respect to a Quarterly Calculation Date or Quarterly Payment Date, respectively, will be contained in the applicable Quarterly Noteholders’ Report for such Quarterly Calculation Date or Quarterly Payment Date, as applicable, and (b) with respect to a Monthly Allocation Date will be contained in the Monthly Manager’s Certificate for such Monthly Allocation Date.

  • As compensation for the performance of its obligations under this Agreement, the Manager shall receive the Monthly Management Fee and the Supplemental Management Fee, if any, on each Monthly Allocation Date out of amounts available therefore under the Indenture on such Monthly Allocation Date in accordance with the Priority of Payments.

  • Manager Advances will accrue interest at the Advance Interest Rate and shall be reimbursable on each Monthly Allocation Date in accordance with the Priority of Payments.


More Definitions of Monthly Allocation Date

Monthly Allocation Date means the day on which Collections in respect of the Contracts and Leased Vehicles represented by the SUBI are allocated, and shall occur on the twenty-fifth day of each month (or, if such day is not a Business Day, on the next succeeding Business Day) commencing on October 25, 1997, and generally is used with the meaning ascribed to Distribution Date in the Annex of Definitions attached to the Titling Trust Agreement.
View Source
Monthly Allocation Date means the 25th calendar day of each month other than the month in which a Quarterly Distribution occurs, or if such day is not a Business Day, the immediately following Business Day.
View Source
Monthly Allocation Date means the 25th day of each calendar month or, if such day is not a Business Day, the immediately following Business Day, commencing in May 2009.
View Source
Monthly Allocation Date means the 15th day of each calendar month or, if such day is not a Business Day, the immediately following Business Day, commencing on April 16, 2007.
View Source
Monthly Allocation Date means the 25th day of each calendar month and if such 25th day is not a Business Day, the Business Day immediately following such 25th day.
View Source
Monthly Allocation Date means the 25th calendar day of each month other than the month in which a Quarterly Distribution occurs, or if that day is not a business day, the immediately following business day.
View Source
Monthly Allocation Date means the fifteenth day following the last day of each Monthly Collection Period (or, if such day is not a Business Day, the next succeeding Business Day) commencing on January 15, 2013.
View Source