Common use of Trust Cut-off Date Clause in Contracts

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18, 2006 to the Trust Fund is to include principal due after April 1, 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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-Gp1)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18July 10, 2006 to the Trust Fund is to include principal due after April July 1, 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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-Gp4)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18March 10, 2006 2007 to the Trust Fund is to include principal due after April February 1, 2006 2007 (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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar1)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18July 10, 2006 2007 to the Trust Fund is to include principal due after April June 1, 2006 2007 (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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2007-12n)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18September 10, 2006 to the Trust Fund is to include principal due after April August 1, 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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar4)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May 18June 11, 2006 2007 to the Trust Fund is to include principal due after April May 1, 2006 2007 (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 clause (b) of Section 3.01 of the Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (GreenPoint Mortgage Funding Trust 2007-Ar3)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 2.05 and Section 3.01 of the Flow Agreement, the remittance on May the June 18, 2006 2005 Remittance Date to the Trust Fund is to include principal due after April May 1, 2006 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 clause clauses (b), (c) and (d) of the first paragraph of Section 3.01 6.01 of the Bank Flow Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)

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