Aggregation Period. The period of 90 business days from date of credit of CP-1 Contribution into the CPA is defined as “Aggregation Period”. However, if no tranche of CP-2 infusion is received in the CPA by 75th business day of the Aggregation Period, then ADMINISTRATOR shall immediately initiate flow back of CP-1 contribution to CP-1, without the requirement for further instruction by CP-1 or CP-2.
Aggregation Period. Section 5.01
Aggregation Period. 29 Section 5.02 Hedging During Aggregation Period...................... 30 Section 5.03 Net Carry During Aggregation Period.................... 30 Section 5.04 Servicing of Mortgage Loans During Aggregation Period.. 31
Aggregation Period. All Mortgage Loans shall be held by CRE in accordance with the terms and conditions contained herein until the earliest to occur of (i) the Program Termination Date, (ii) the date on which the aggregate principal amount of Mortgage Loans as CRE and CRIIMI MAE mutually agree is sufficient for a Securitization have been aggregated by CRE for the Program and the Mortgage Loans are sold in a Securitization and (iii) the date of disposition of the Mortgage Loans (other than through a Securitization) in accordance with this Agreement (the "Aggregation Period"). Notwithstanding anything to the contrary set forth herein, it is expressly understood that effective as of 30 days prior to the end of the Aggregation Period, CRE may, in its sole discretion, cease funding any additional Mortgage Loans under the Program pursuant to any new Approval Letters or extension of the term of any then existing Approval Letters.
