NOTE DISTRIBUTION DATE definition
NOTE DISTRIBUTION DATE means, (i) with respect to the LIBOR Rate Notes, the 15th day of each month (or if such day is not a Business Day, on the next succeeding Business Day), commencing on the date set forth in the related Terms Supplement and (ii) with respect to the Auction Rate Notes, unless otherwise set forth in a Terms Supplement, (A) with respect to distributions of interest, the first Business Day following the expiration of each Interest Period for such Auction Rate Notes and (B) with respect to distributions of principal, the first Business Day following the expiration of the first Interest Period for such Auction Rate Notes ending in each month, commencing on the dates set forth in the related Terms Supplement.
NOTE DISTRIBUTION DATE means, (x) with respect to the Series 1997-2 LIBOR Rate Notes, the 15th day of each month (or, if such day is not a Business Day, the next succeeding Business Day), commencing January 1998 and (y) with respect to each Class of Series 1997-2 Auction Rate Notes, (A) with respect to distributions of interest, the first Business Day following the expiration of each Interest Period for such Class of Series 1997- 2 Auction Rate Notes, commencing (i) January 14, 1998 with respect to the Class A-5 Notes and (ii) January 21, 1998 with respect to the Class A-6 Notes and (B) with respect to distributions of principal, the first Business Day following the expiration of the first Interest Period for such Class of Series 1997-2 Notes ending in each month.
NOTE DISTRIBUTION DATE means (i) with respect to any Class A-1 Note or Note Portion with an Interest Rate based on ABR the first Business Day occurring after the end of each Interest Period applicable thereto or (ii) with respect to any Class A-1 Note or Note Portion with an Interest Rate based on LIBOR, the last Business Day of the Interest Period applicable thereto, or, (iii) with respect to any Term Note, such date as shall be specified in the form of such Term Note; provided that after the occurrence of an Amortization Date with respect to any Note, the first Business Day of each calendar week and the first Business Day when the Collateral Agent has sufficient funds available to pay all amounts due and owing to the Noteholders, the Financing Parties and Independent Investors with respect to such Amortization Date shall be Note Distribution Dates with respect to such Notes.
More Definitions of NOTE DISTRIBUTION DATE
NOTE DISTRIBUTION DATE means with respect to the Class A-9 Notes, the 15th day of each month (or if such day is not a Business Day, the next succeeding Business Day), commencing January 1997.
NOTE DISTRIBUTION DATE means, with respect to each Class of Series 1997-1 Notes, (A) with respect to distributions of interest, the first Business Day following the expiration of each Interest Period for such Class of Series 1997-1 Notes, commencing (i) March 27, 1997, with respect to the Class A-1 Notes, (ii) March 27, 1997, with respect to the Class A-2 Notes and (iii) April 2, 1997, with respect to the Class A-3 Notes and (B) with respect to distributions of principal, the first Business Day following the expiration of the first Interest Period for such Class of Series 1997-1 Notes ending in each month, commencing April 1997.
NOTE DISTRIBUTION DATE means, with respect to each Class of Series 1998-1 Auction Rate Notes, (A) with respect to distributions of interest, the first Business Day following the expiration of each Interest Period for such Class of Series 1998- 1 Auction Rate Notes, commencing (i) April 16, 1998 with respect to the Class A-7 Notes, (ii) April 23, 1998, with respect to the Class A-8 Notes, (iii) April 30, 1998, with respect to the Class A-9 Notes and (iv) May 7, 1998, with respect to the Class A-10 Notes; and (B) with respect to distributions of principal, the first Business Day following the expiration of the first Interest Period for such Class of Series 1998-d1 Notes ending in each month.
NOTE DISTRIBUTION DATE means (i) with respect to the LIBOR Rate Notes, the 15th day of each month (or if such day is not a Business Day, the next succeeding Business Day), commencing April 1996, and (ii) with respect to the Auction Rate Notes, (A) with respect to distributions of interest, the first Business Day following the expiration of each Interest Period for such Auction Rate Notes, commencing [April 23, 1996] and (B) with respect to distributions of principal, the first Business Day following the expiration of the first Interest Period for such Class of Auction Rate Notes ending in each month, commencing [April 1996].