Cash Remittance Date definition

Cash Remittance Date. With respect to any Distribution Date and (A) the Master Servicer, GreenPoint or SPS, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) Xxxxx Fargo, the 18th calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day or (C) WMMSC, by 12:00 noon New York City time on the Business Day immediately preceding such Distribution Date.
Cash Remittance Date. With respect to any Distribution Date and (A) SPS and GreenPoint, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day and (B) Xxxxx Fargo, the Designated Servicers and the Special Servicer, the 18th calendar day of the month in which the Distribution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through G hereto.
Cash Remittance Date. With respect to any Distribution Date and (A) SPS, by 1:00 PM New York City time the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) Xxxxx Fargo, by 4:00 PM New York City time the 18th calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day, (C) UMS, by 4:00 PM New York City time the 21st calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day, (D) WMMSC, by 12:00 noon New York City time on the Business Day immediately preceding such Distribution Date or (E) the Master Servicer, by 1:00 PM New York City time two Business Days preceding such Distribution Date. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through H hereto and issued pursuant to this Agreement and the Uncertificated REMIC Interests.

Examples of Cash Remittance Date in a sentence

  • With respect to any Distribution Date, no later than the related Cash Remittance Date, the Master Servicer shall remit to the Trust Administrator for deposit in the Certificate Account the amount of the Compensating Interest Payment for the Master Servicer, with respect to the GreenPoint Serviced Mortgage Loans, the SPS Serviced Mortgage Loans, the Xxxxx Fargo Serviced Mortgage Loans and the Designated Mortgage Loans, for the related Prepayment Period.

  • With respect to any Distribution Date, no later than the related Cash Remittance Date, the Master Servicer shall remit to the Trust Administrator for deposit in the Certificate Account the amount of the Compensating Interest Payment for the Master Servicer, with respect to the GreenPoint Serviced Mortgage Loans, the SPS Servicved Mortgage Loans, the Xxxxx Fargo Serviced Mortgage Loans and the Designated Mortgage Loans, for the related Prepayment Period.

  • With respect to any Distribution Date, no later than the related Cash Remittance Date, the Master Servicer shall remit to the Trust Administrator for deposit in the Certificate Account the amount of the Compensating Interest Payment for the Master Servicer, with respect to the GreenPoint Serviced Mortgage Loans, the Fairbanks Servicved Mortgage Loans, the WFHM Serviced Mortgage Loans and the Designated Mortgage Loans, for the related Prepayment Period.

  • With respect to any Distribution Date, no later than the related Cash Remittance Date, the Master Servicer shall remit to the Trust Administrator for deposit in the Certificate Account the amount of the Compensating Interest Payment for the Master Servicer, with respect to the SPS Serviced Mortgage Loans, the UMS Serviced Mortgage Loans, the Xxxxx Fargo Serviced Mortgage Loans, Xxxxx Fargo Serviced CORE Mortgage Loans, and the Designated Mortgage Loans, for the related Prepayment Period.

  • With respect to any Distribution Date, no later than the related Cash Remittance Date, the Master Servicer shall remit to the Trust Administrator for deposit in the Certificate Account the amount of the Compensating Interest Payment for the Master Servicer, with respect to the SPS Serviced Mortgage Loans, the Xxxxx Fargo Serviced CORE Mortgage Loans, the Xxxxx Fargo Serviced Mortgage Loans and the Designated Mortgage Loans, for the related Prepayment Period.


More Definitions of Cash Remittance Date

Cash Remittance Date. With respect to any Distribution Date and (A) SPS, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) Wells Fargo, the 18th calendar day of the month in which the Dixxxxxution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day and (C) IndyMac, the 18th calendar day of the month in which the Distribution Date occurs, or if such 18th calendar day is not a Business Day (as defined in the IndyMac Servicing Agreement), the Business Day immediately following such 18th calendar day. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through F hereto. Certificate Account: The separate Eligible Account created and maintained with the Trust Administrator, or any other bank or trust company acceptable to the Rating Agencies which is incorporated under the laws of the United States or any state thereof pursuant to Section 3.05, which account shall bear a designation clearly indicating that the funds deposited therein are held in trust for the benefit of the Trust Administrator, as agent for the Trustee, on behalf of the Certificateholders or any other account serving a similar function acceptable to the Rating Agencies. Funds in the Certificate Account may (i) be held uninvested without liability for interest or compensation thereon or (ii) be invested at the direction of the Trust Administrator in Eligible Investments and reinvestment earnings thereon (net of investment losses) shall be paid to the Trust Administrator. Funds deposited in the Certificate Account (exclusive of the amounts permitted to be withdrawn pursuant to Section 3.08(b)) shall be held in trust for the Certificateholders.
Cash Remittance Date. With respect to any Distribution Date and (A) GreenPoint or SPS, by 1:00 PM New York City time the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) Xxxxx Fargo, by 4:00 PM New York City time the 18th calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day or (C) the Master Servicer, by 1:00 PM New York City time two Business Days preceding such Distribution Date. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through H hereto and issued pursuant to this Agreement or the Uncertificated REMIC Interests.
Cash Remittance Date. With respect to any Distribution Date and (A) the Master Servicer and Fairbanks, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) WMMSC, by 12:00 noon New York City time on the Business Day immediately preceding such Distribution Date and (C) GreenPoint, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately following such 7th calendar day. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through F hereto.
Cash Remittance Date. With respect to any Distribution Date and (A) SPS, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day and (B) Xxxxx Fargo and the Designated Servicers, the 18th calendar day of the month in which the Distribution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through G hereto.
Cash Remittance Date. With respect to any Distribution Date and (A) GreenPoint and SPS, by 1:00 p.m. (New York City time) on the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) WMMSC, by 12:00 noon (New York City time) on the Business Day immediately preceding such Distribution Date, (C) Xxxxx Fargo, the 18th calendar day of the month in which such Distribution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day, (D) the Designated Servicers, the date and time specified in the related Designated Servicing Agreement, and (E) the Master Servicer, by 1:00 p.m. (New York City time) two Business Days preceding such Distribution Date. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through G hereto.
Cash Remittance Date. With respect to any Distribution Date and (A) SPS, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) WMMSC, by 12:00 noon New York City time on the Business Day immediately preceding such Distribution Date, (C) GreenPoint, the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately following such 7th calendar day, (D) Xxxxx Fargo, the 18th calendar day of the month in which the Distribution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day and (E) the Designated Servicers, the 18th calendar day of the month in which the Distribution Date occurs, or if such 18th calendar day is not a Business Day, the Business Day immediately following such 18th calendar day. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through F hereto.
Cash Remittance Date. With respect to any Distribution Date and (A) Banco Popular, GreenPoint or SPS, by 1:00 PM New York City time the 7th calendar day preceding such Distribution Date, or if such 7th calendar day is not a Business Day, the Business Day immediately preceding such 7th calendar day, (B) Xxxxx Fargo, by 4:00 PM New York City time the 18th calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day, (C) R&G Mortgage, by 1:00 PM New York City time every other Business Day of the month and on the 18th calendar day of the month, or if such day is not a Business Day, the immediately following Business Day (D) UMS, by 4:00 PM New York City time the 21st calendar day of the month in which that Distribution Date occurs, or if such day is not a Business Day, the immediately following Business Day or (E) the Master Servicer, by 1:00 PM New York City time two Business Days preceding such Distribution Date. Certificate: Any Certificates executed and authenticated by the Trust Administrator on behalf of the Trustee for the benefit of the Certificateholders in substantially the form or forms attached as Exhibits A through H hereto and issued pursuant to this Agreement and the Uncertificated REMIC Interests.