Step-Up Date definition

Step-Up Date. The first Distribution Date following the first Distribution Date on which the aggregate unpaid principal balance of the Mortgage Loans, and properties acquired in respect thereof, remaining in the Trust Fund has been reduced to less than or equal to 10% of the Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

Step-Up Date. The first Payment Date on which the Issuer can cause the redemption of the Bonds pursuant to Section 8.07 of the Indenture.

Step-Up Date means the Payment Date in respect of an Issuer on which the interest rate on the Notes issued by such Issuer increases by a pre-determined amount following the payment made by such Issuer on such Payment Date, which date in respect of the First Issuer is the Payment Date occurring in January 2008, and, in relation to any New Issuer, has the meaning specified under the relevant Issuer Master Definitions Schedule;

Examples of Step-Up Date in a sentence

• Father/Guardian’s Signature Date Mother/Guardian’s Signature Date XxXxxx Xxxxxxxx/ One Step Up Date One Step Up Childcare Policies The following rules pertain to One Step Up Childcare’s business policies.

• Such notice shall be irrevocable and shall specify the Initial Rate of Interest (in the case of Fixed Rate Notes) or the Initial Margin (in the case of Floating Rate Notes), the Step Up Margin and the Step Up Date.

• The Rate of Interest for Sustainability-Linked Notes will be the Rate of Interest specified in, or determined in the manner specified in, the applicable Final Terms, provided that if a Step Up Event has occurred, then for any Interest Period commencing on or after the Step Up Date the Rate of Interest (in the case of Fixed Rate Notes) or the Margin (in the case of Floating Rate Notes) shall be increased by the Step Up Margin.

• Such notice shall be irrevocable and shall specify the Rate of Interest (in the case that the Fixed Rate Note Provisions are applicable) or the Margin (in the case that the Floating Rate Note Provisions are applicable) and, in the case of a Step Up Event, the Step Up Margin and the Step Up Date.

• The Rate of Interest for Sustainability-Linked Notes will be the Initial Rate of Interest specified in the applicable Final Terms, provided that, if a Step Up Event has occurred, then for any Interest Period commencing on or after the Step Up Date, the Rate of Interest (in the case of Fixed Rate Notes) or the Margin (in the case of Floating Rate Notes) shall be increased by the Step Up Margin specified in the applicable Final Terms.

More Definitions of Step-Up Date

Step-Up Date means [●] [the Interest Payment Date immediately following the earlier of the Notice Date or the [fifth] [●] Business Day after at the end of the Deadline].

Step-Up Date means February 19, 2020.

Step-Up Date. The Payment Date occurring after the first Payment Date for which the aggregate Scheduled Principal Balance of the Mortgage Loans as of the end of the related Due Period has been reduced to 20% or less of the Cut-off Date Balance.

Step-Up Date. The second Payment Date immediately following the Payment Date on which the Master Servicer can purchase all or some of the Home Loans from the Trust pursuant to Section 8.08 of the Servicing Agreement.

Step-Up Date means the first day of the next Interest Period following the date on which a Step Up Event occurs;

Step-Up Date means a date on which, following the occurrence of a Stepdown Date, the PDR Group, in the aggregate, regains beneficial ownership of at least fifty per cent (50%) of the voting power of the outstanding Company Common Stock.

Step-Up Date. With respect to the Offered Certificates, the Distribution Date following the Optional Termination Date.