Common use of Trust Cut-off Date Clause in Contracts

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.14 of Exhibit 9 to the Servicing Agreement, the remittance on January 18, 2007 to be made to the Luminent Mortgage Trust 2006-7 Trust Fund (the "Trust Fund") is to include all principal collections due after December 1, 2006 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding January 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Subsection 11.14 of Exhibit 9 to the Servicing Agreement (as modified by this Agreement).

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.14 of Exhibit 9 Section 3.1 to the Servicing AgreementAgreement ("Distributions"), the remittance on January February 18, 2007 to be made to the Luminent Mortgage Trust 20062007-7 1 Trust Fund (the "Trust Fund") is to include all principal and interest collections due after December January 1, 2006 2007 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during and for the Due Period immediately preceding January February 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off DateDate with respect to the Serviced Loans, and taking into account the adjustments specified in the first paragraph of Subsection 11.14 of Exhibit 9 Section 3.1 to the Servicing Agreement (as modified by this Agreement).

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.14 of Exhibit 9 Section 3.01 to the Servicing AgreementAgreement ("Remittances"), the remittance on January 18, 2007 to be made to the Luminent Mortgage Trust 2006-7 Trust Fund (the "Trust Fund") is to include all principal collections due after December 1, 2006 (the "Trust Cut-off Date")) and before January 1, 2007, plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding January 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Subsection 11.14 of Exhibit 9 Section 3.01 to the Servicing Agreement (as modified by this Agreement).

Trust Cut-off Date. The parties hereto acknowledge that by operation of Subsection 11.14 of Exhibit 9 Section 3.1 to the Servicing AgreementAgreement ("Distributions"), the remittance on January May 18, 2007 to be made to the Luminent Mortgage Trust 20062007-7 2 Trust Fund (the "Trust Fund") is to include all principal and interest collections due after December April 1, 2006 2007 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during and for the Due Period immediately preceding January May 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off DateDate with respect to the Serviced Loans, and taking into account the adjustments specified in the first paragraph of Subsection 11.14 of Exhibit 9 Section 3.1 to the Servicing Agreement (as modified by this Agreement).