Common use of Funding Period Clause in Contracts

Funding Period. The period from the Closing Date until the earliest of (i) the date on which the amount on deposit in the Pre-funding Account is less than $150,000, or (ii) an Event of Default occurs or (iii) December 31, 2006.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2006-Oc10), Pooling and Servicing Agreement (Alternative Loan Trust 2006-Oc10)

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Funding Period. The period from the Closing Date until the earliest earlier of (i) the date on which the amount on deposit in the Pre-funding Funding Account is has been reduced to less than $150,000100,000, or (ii) an Event of Default occurs or (iii) December 31________ __, 2006200_.

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Horizon Asset Securities Inc)

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Funding Period. The period from the Closing Date until the earliest of (i) the date on which the amount on deposit in the Pre-funding Funding Account is less than $150,000, or (ii) an Event of Default occurs or (iii) December 31February 16, 20062007.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Alternative Loan Trust 2007-Hy2)

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