CBC Payment Date definition
Examples of CBC Payment Date in a sentence
In the event that the CBC, the Administrator or the Issuer does not receive a duly completed invoice at least thirty-five (35) days prior to the relevant CBC Payment Date, the Asset Monitor Fee shall become due and payable on the next CBC Payment Date falling not less than thirty-five (35) days after receipt by the CBC, the Administrator and the Issuer of a duly completed invoice.
Completion of the assignment contemplated by such sale shall take place on the CBC Payment Date first occurring after receipt by the Transferor of such Offer Notice or such other date as the CBC may direct in the Offer Notice.
A retransfer of a Mortgage Receivable further to this Clause 5.2 will take place in accordance with Clause 5.4 below on the first following CBC Payment Date falling at least one month after such Further Advance is granted.
For the avoidance of doubt, such costs and expenses shall be reimbursed to the Servicer, by or on behalf of the CBC, on the next CBC Payment Date following such foreclosure by deducting such costs and expenses from the gross foreclosure proceeds relating to the Mortgage Receivable.
Completion of such sale and retransfer shall take place by registration of the signed Deed of Repurchase and Release with the Dutch tax authorities by or on behalf of the Transferor, at its own cost and expense, on the first CBC Payment Date after receipt by the Transferor of such signed Deed of Repurchase and Release or such other date as the CBC may direct.
For the avoidance of doubt, such costs and expenses shall be obligations of the CBC to be reimbursed to the Servicer on the next CBC Payment Date following such foreclosure by deducting such costs and expenses from the gross foreclosure proceeds relating to the Mortgage Receivable.
Payments by the Insurance Savings Participant to the CBC under this Agreement shall be made in same day funds on the relevant Transfer Date or the relevant CBC Payment Date, as the case may be, into the CBC Account.
In as far as required the Transferor shall confirm such renewal on the CBC Payment Date immediately preceding the date whereon a Waiver Period terminates.
In as far as required the Transferor or the relevant Originator shall confirm such renewal on the CBC Payment Date immediately preceding the date whereon a Waiver Period terminates.
Completion of such retransfer shall take place by registration of the signed Deed of Retransfer and Release with the Dutch tax authorities by or on behalf of the Transferor, at its own cost and expense, on the first CBC Payment Date after receipt by the Transferor of such signed Deed of Retransfer and Release or such other date as the CBC may direct.