Common use of Trust Cut-off Date Clause in Contracts

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May 18, 2005 to the Trust Fund is to include principal due after April 1, 2005 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman Sarm 2005-5)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May December 18, 2005 2002 to the Trust Fund is to include principal due after April November 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.1511.15 of the MLSSA.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-24)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 Section 5.05 and Subsection 11.15 Section 6.01 of the MLSSAPWSA, the remittance on May 18March 16, 2005 2007 to the Trust Fund is to include principal due after April February 1, 2005 2007 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period Period, exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15Section 6.01 of the PWSA.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (LXS 2007-3)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May September 18, 2005 2006 to the Trust Fund is to include principal due after April August 1, 2005 2006 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.1511.15 of the MLSSA.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-14n)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May January 18, 2005 to the Trust Fund is to include principal due after April December 1, 2005 2004 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 Section 2.05 and Subsection 11.15 Section 3.01 of the MLSSAFlow Agreement, the remittance on May 18July 10, 2005 2006 to the Trust Fund is to include principal due after April June 1, 2005 2006 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses clause (b), (c) and (d) of Subsection 11.15Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-Gp3)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 Section 5.05 and Subsection 11.15 Section 6.01 of the MLSSAPWSA, the remittance on May June 18, 2005 2004 to the Trust Fund is to include principal due after April May 1, 2005 2004 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period Period, exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15Section 6.01 of the PWSA.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates 2004-11xs)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 Section 2.05 and Subsection 11.15 Section 3.01 of the MLSSAFlow Agreement, the remittance on May 18July 15, 2005 2006 to the Trust Fund is to include principal due after April June 1, 2005 2006 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses clause (b), (c) and (d) of Subsection 11.15Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust 2006-9)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May December 18, 2005 2004 to the Trust Fund is to include principal due after April November 1, 2005 2004 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May June 18, 2005 2002 to the Trust Fund is to include principal due after April May 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mort Pas-THR Cert Ser 2002-)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 Section 5.05 and Subsection 11.15 Section 6.01 of the MLSSAPWSA, the remittance on May June 18, 2005 2007 to the Trust Fund is to include principal due after April May 1, 2005 2007 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period Period, exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15Section 6.01 of the PWSA.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May September 18, 2005 to the Trust Fund is to include principal due after April August 1, 2005 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-18)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May November 18, 2005 2002 to the Trust Fund is to include principal due after April October 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Mort Pass Thru Cert Ser 2002-21a)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May February 18, 2005 2002 to the Trust Fund is to include principal due after April January 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May October 18, 2005 2002 to the Trust Fund is to include principal due after April September 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.1511.15 of the MLSSA.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Structured Asset Securities Co Mor Pass-THR Cer Ser 2002-19)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May November 18, 2005 2002 to the Trust Fund is to include principal due after April October 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.1511.15 of the MLSSA.

Appears in 1 contract

Samples: Mortgage Loan Sale and Servicing Agreement (Structured Asset Securities Corp Mor Pa Th Ce Se 2002 23xs)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May February 18, 2005 2004 to the Trust Fund is to include principal due after April January 1, 2005 2004 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Sturctured Asset Securities Corp Mort Pass Thru Ser 2004-1)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May July 18, 2005 2006 to the Trust Fund is to include principal due after April June 1, 2005 2006 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-10n)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May November 18, 2005 to the Trust Fund is to include principal due after April October 1, 2005 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-21)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May April 18, 2005 2002 to the Trust Fund is to include principal due after April March 1, 2005 2002 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pas THR Cert Ser 2002 5a)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.05 and Subsection 11.15 of the MLSSA, the remittance on May August 18, 2005 to the Trust Fund is to include principal due after April July 1, 2005 (the "Trust Cut-off Date") plus interest, at the Mortgage Loan Remittance Rate collected during the related Due Period exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, with the adjustments specified in clauses (b), (c) and (d) of Subsection 11.15

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2005-17)

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