Common use of Initial Optional Termination Date Clause in Contracts

Initial Optional Termination Date. The first Distribution Date on or after which the aggregate Assumed Principal Balance of the Mortgage Loans is less than or equal to [10]% of the aggregate Assumed Principal Balance thereof as of the Cut-off Date.

Initial Optional Termination Date. The first Distribution Date on or after which the aggregate Assumed Principal Balance of the Mortgage Loans is less than or equal to [10]% 10% of the aggregate Assumed Principal Balance thereof as of the Cut-off Date.

Initial Optional Termination Date. The first Distribution Date on or after which the aggregate Assumed Principal Balance of the Mortgage Loans is less than or equal to [10]% 10% of the aggregate Assumed Principal Balance thereof as of the Cut-off Cut Off Date.

Initial Optional Termination Date. The first Distribution Date following the date on or after which the aggregate Assumed Stated Principal Balance of the Mortgage Loans is equal to or less than or equal to [10]% 10% of the aggregate Assumed Stated Principal Balance thereof as of the Cut-off Date.

Initial Optional Termination Date. The first Distribution Date on or after which the aggregate Assumed Scheduled Principal Balance of the Mortgage Loans, as of the last day of the related Due Period, is equal to 10.00% or less of the Scheduled Principal Balance of the Mortgage Loans is less than or equal to [10]% of the aggregate Assumed Principal Balance thereof as of the Cut-off Date.