Collection Period Definition Example with 4 Variations

This page contains an example definition of Collection Period, followed by definitions with minor variations. You can view the differences between the example and variations by selecting the "Show Differences" option.
Collection Period. Shall mean, (i) with respect to the First Distribution Date, the period beginning on the close of business on December 31, 2005 and ending on the close of business on January 31, 2006, and (ii) with respect to each subsequent Distribution Date, the period beginning on the opening of business on the first day of the immediately preceding calendar month and ending on the close of business on the last day of the immediately preceding calendar month. Any amount stated "as of the close of business... on the last day of a Collection Period" will give effect to the following calculations as determined as of the end of the day on such last day: (i) all applications of collections and (ii) all distributions. View More Arrow

Variations

Collection Period. Shall shall mean, (i) with respect to the First Distribution Date, the period beginning on the close of business on December 31, 2005 February 29, 2004 and ending on the close of business on January March 31, 2006, 2004, and (ii) with respect to each subsequent Distribution Date, the period beginning on the opening of business on the first day of the immediately preceding calendar month and ending on the close of business on the last day of the immediately preceding calendar month. Any amount... stated "as of the close of business on the last day of a Collection Period" will give effect to the following calculations as determined as of the end of the day on such last day: (i) all applications of collections and (ii) all distributions. View More Arrow
Collection Period. Shall shall mean, (i) with respect to the First Distribution Date, the period beginning on the close of business on December July 31, 2005 2002 and ending on the close of business on January August 31, 2006, 2002, and (ii) with respect to each subsequent Distribution Date, the period beginning on the opening of business on the first day of the immediately preceding calendar month and ending on the close of business on the last day of the immediately preceding calendar month. Any amount stated... "as of the close of business on the last day of a Collection Period" will give effect to the following calculations as determined as of the end of the day on such last day: (i) all applications of collections and (ii) all distributions. View More Arrow
Collection Period. Shall shall mean, (i) with respect to the First Distribution Date, the period beginning on the close of business on December 31, 2005 February 28, 2003 and ending on the close of business on January March 31, 2006, 2003, and (ii) with respect to each subsequent Distribution Date, the period beginning on the opening of business on the first day of the immediately preceding calendar month and ending on the close of business on the last day of the immediately preceding calendar month. Any amount... stated "as of the close of business on the last day of a Collection Period" will give effect to the following calculations as determined as of the end of the day on such last day: (i) all applications of collections and (ii) all distributions. View More Arrow
Collection Period. Shall shall mean, (i) with respect to the First Distribution first Payment Date, the period beginning on the close of business on December October 31, 2005 2002 and ending on the close of business on January 31, 2006, and (ii) with November 30, 2002. With respect to each subsequent Distribution Payment Date, "Collection Period" shall mean the period beginning on the opening of business on the first day of the immediately preceding calendar month and ending on the close of business on the last... day of the immediately 2 preceding calendar month. Any amount stated "as of the close of business on the last day of a Collection Period" will give effect to the following calculations as determined as of the end of the day on such last day: (i) all applications of collections and (ii) all distributions. View More Arrow
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