Strip Initial Exchange Date definition
Examples of Strip Initial Exchange Date in a sentence
The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time on or after the Strip Initial Exchange Date.
The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time after the Strip Initial Exchange Date.
The exchange date with respect to any such exchange can be any Business Day other than the first or last Business Day of the month, a Payment Date (except with respect to the Strip Initial Exchange Date), the Record Date related to the next Payment Date or the Business Day following such Record Date.