Optional Acceleration Date definition

Optional Acceleration Date has the meaning specified in the Contract.
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Optional Acceleration Date has the meaning specified in Section 6.4(c).
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Optional Acceleration Date. An Optional Acceleration Date as defined in the Contract.
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Examples of Optional Acceleration Date in a sentence

  • In the event of an Optional Acceleration, Collateral Agent shall deliver to Purchaser, no later than 12:00 p.m. New York City time on the Optional Acceleration Date, the Exchange Amount as set forth below.

  • The settlement for an Optional Acceleration (such date of settlement referred to as an “Optional Acceleration Date”) will be accelerated to a Trading Day between the first Trading Day and the fourth Trading Day, at the Shareholder’s election, following the five Trading Day period immediately following the Optional Acceleration Notice Date; provided that the Shareholder must elect the same Optional Acceleration Date elected by each other Shareholder.

  • To distribute to each Holder of STRYPES on the Business Day immediately following the Optional Acceleration Date such Holder's pro rata share of the aggregate amount of cash delivered to the Trust on the related Optional Acceleration Date.

  • In the event of an Optional Acceleration, Shareholder shall deliver to Purchaser, no later than the Business Day immediately prior to the Optional Acceleration Date, the Exchange Amount for each Trust Security then outstanding as set forth below.

  • The distributions described in this paragraph (f) shall be made to Holders of record as of the close of business on the Optional Acceleration Date.

  • To determine, on the Optional Acceleration Date, the Optional Acceleration Percentage of each issue of U.S. Treasury Securities then held by the Trust.

  • The distributions described in this paragraph (g) shall be made to Holders of record as of the close of business on the Optional Acceleration Date.

Related to Optional Acceleration Date

  • Acceleration Date on any Security means the date, if any, on and after which the principal or any or all installments of interest, or both, are due and payable on any Security which has become accelerated pursuant to the terms of the Security.

  • Acceleration Event means the occurrence of an Event of Default (a) in respect of which Agent has declared all or any portion of the Obligations to be immediately due and payable pursuant to Section 10.2, (b) pursuant to Section 10.1(a), and in respect of which Agent has suspended or terminated the Revolving Loan Commitment pursuant to Section 10.2, and/or (c) pursuant to either Section 10.1(e) and/or Section 10.1(f).

  • Additional Accelerated Purchase Date means, with respect to an Additional Accelerated Purchase made pursuant to Section 2(c) hereof, the Business Day (i) that is the Accelerated Purchase Date with respect to the corresponding Accelerated Purchase referred to in clause (i) of the proviso in the second sentence of Section 2(c) hereof and (ii) on which the Investor receives, prior to 1:00 p.m., Eastern time, on such Business Day, a valid Additional Accelerated Purchase Notice for such Additional Accelerated Purchase in accordance with this Agreement.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.