Weekly Allocation Date definition

Weekly Allocation Date means the fifth Business Day following the last day of each Weekly Collection Period commencing on March 23, 2012.
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Weekly Allocation Date means the last Business Day of the week following the last day of each Weekly Collection Period or, upon not less than two (2) Business Days’ notice to the Trustee, such other Business Day during such week that has been designated by the Manager and consented to by the Trustee (such consent not to be unreasonably withheld).
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Weekly Allocation Date means each Currency Conversion Opt-Out Weekly Allocation Date or a Currency Conversion Weekly Allocation Date, as applicable.
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Examples of Weekly Allocation Date in a sentence

  • The Issuer (or the Manager on its behalf) may make such an election by delivering a Weekly Manager’s Certificate that indicated that no allocations will be made on the designated Weekly Allocation Date.

  • The Manager shall have the right to invest and reinvest funds deposited in any Management Account in Eligible Investments maturing no later than the Business Day preceding each Weekly Allocation Date.

  • The Investment Income available on deposit in the Management Accounts will be withdrawn on each Weekly Allocation Date for deposit to the Collection Account for application as Collections on such Weekly Allocation Date.

  • On each Weekly Allocation Date, the Issuer (or the Manager on its behalf) shall instruct the Trustee in writing to withdraw on such date an amount equal to the lesser of (i) the sum of all Securitization Operating Expenses then due and payable and (ii) the amount on deposit in the Securitization Operating Expense Account after giving effect to any deposits thereto pursuant to the Priority of Payments on such date and apply such funds to pay any Securitization Operating Expenses then due and payable.

  • As compensation for the performance of its obligations under this Agreement, the Manager will be entitled to receive (i) the Weekly Management Fee, and (ii) with the written consent of the Control Party (such consent not to be unreasonably withheld or delayed), the Supplemental Management Fee, if any, on each Weekly Allocation Date out of amounts available therefor under the Indenture on such Weekly Allocation Date in accordance with the Priority of Payments.


More Definitions of Weekly Allocation Date

Weekly Allocation Date means the last Business Day of the week following the last day of each Weekly Collection Period, commencing no later than August 2, 2019.
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Weekly Allocation Date means, with respect to each Weekly Collection Period, the last Business Day of the calendar week following the calendar week in which the related Weekly Collection Period ends or such earlier Business Day occurring no earlier than the Friday of the calendar week in which the related Weekly Collection Period ends that has been designated as the weekly allocation date by the Manager, in its sole discretion, in the related Weekly Manager’s Certificate delivered by the Manager on or prior to 4:30 p.m. (New York City time) on the Business Day preceding such Weekly Allocation Date or, if such Weekly Allocation Date is earlier than the last Business Day of the calendar week following the calendar week in which the related Weekly Collection Period ends, on or prior to 10:00 a.m. (New York City time) on the second Business Day preceding such Weekly Allocation Date; provided, that, in each case there will be no more than a single Weekly Allocation Date for any calendar week.
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Weekly Allocation Date means the fourth Business Day immediately following the last day of each Weekly Collection Period, commencing on April 21, 2022.
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Weekly Allocation Date means the first Business Day of each Weekly Collection Period, on which date the Transaction Manager will make all withdrawals and deposits pursuant to the Base Indenture relating to the applicable Collections in respect of the preceding Weekly Collection Period.
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Weekly Allocation Date set forth in Annex A of the Base Indenture is hereby amended and restated to read in its entirety as follows:
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Weekly Allocation Date means (i) the fifth Business Day following the last day of each Weekly Collection Period commencing on March 23, 2012.or (ii) such earlier Business Day, occurring no earlier than the first Business Day following the last day of the related Weekly Collection Period, that has been designated as the weekly allocation date by the Manager, in its sole discretion with at least two (2) Business Days’ prior written notice to the Trustee, in the related Weekly Manager’s Certificate delivered by the Manager on or prior to 10:00 a.m. (New York City time) no later than the second (2nd) Business Day preceding such designated weekly allocation date; provided, that, in each case, there will be no more than a single Weekly Allocation Date for any calendar week.
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Weekly Allocation Date. The meaning specified in Section 10.9.
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