Routine Quarterly TrueUp Adjustments

Example Definitions of "Routine Quarterly TrueUp Adjustments"
Routine Quarterly TrueUp Adjustments. ------------------------------------- (1) If the Issuance Advice Letter with respect to a Series of Notes provides that the Servicer will file Routine Quarterly True-Up Mechanism Advice Letters, then the Servicer shall make such filings in accordance with the procedures set forth in Annex II hereto. On each Series Issuance Date, the Servicer and the Note Issuer shall amend Annex II to specify in detail the Servicer's obligations to perform... routine quarterly True-Up Adjustments, if any, with respect to the new Series of Notes issued on such Series Issuance Date. (2) With respect to the Notes of Series 1997-1, issued on December 11, 1997, the Servicer shall file Routine Quarterly True-Up Mechanism Advice Letters upon the conditions and in accordance with the procedures set forth in Annex II. View More Arrow
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