Closing Date Mortgage Loans definition

Closing Date Mortgage Loans. Any of the Mortgage Loans included in the Trust Fund on the Closing Date. The aggregate Cut-off Date Principal Balance of the Closing Date Mortgage Loans is equal to $214,512,779.39.

Examples of Closing Date Mortgage Loans in a sentence

  • The Trustee, as assignee or transferee of the Company, shall be entitled to all scheduled principal payments due after the Cut-off Date, all other payments of principal due and collected after the Cut-off Date, and all payments of interest on the Closing Date Mortgage Loans.

  • On the Closing Date, the Closing Date Mortgage Loans will conform in all material respects to the description thereof contained in the Prospectus and the representations and warranties contained in this Agreement will be true and correct in all material respects.

  • For purposes of the calculations described in this paragraph, percentages of the Mortgage Loans in Loan Group II will be based on the principal balance of the Closing Date Mortgage Loans in Loan Group II as of the Cut-off Date and the principal balance of the Subsequent Mortgage Loans in Loan Group II as of the related Subsequent Cut-off Date.

  • For purposes of the calculations described in this paragraph, percentages of the Mortgage Loans in Loan Group I will be based on the principal balance of the Closing Date Mortgage Loans in Loan Group I as of the Cut-off Date and the principal balance of the Subsequent Mortgage Loans included in Loan Group I as of the related Subsequent Cut-off Date.

  • For purposes of the calculations described in this paragraph, percentages of the Mortgage Loans in Loan Group I will be based on the principal balance of the Closing Date Mortgage Loans in Loan Group I and the principal balance of the Subsequent Mortgage Loans included in Loan Group I as of their respective Cut-off Dates.


More Definitions of Closing Date Mortgage Loans

Closing Date Mortgage LoansThe Mortgage Loans included in the Trust Fund as of the Closing Date identified in the Mortgage Loan Schedule in Exhibit B.
Closing Date Mortgage Loans. The Initial Mortgage Loans plus the Additional Mortgage Loans.
Closing Date Mortgage Loans means the Mortgage Loans serviced by Seller or a Seller Affiliate under the Closing Date Servicing Agreements.
Closing Date Mortgage Loans. Those Mortgage Loans in the Trust Fund as of the Closing Date. Co-Underwriter: Mxxxxxx Lynch, Pierce, Fxxxxx & Sxxxx Incorporated. Code: The Internal Revenue Code of 1986, as may be amended from time to time, or any successor statutes thereto, and applicable U.S. Department of the Treasury regulations issued pursuant thereto.
Closing Date Mortgage Loans has the meaning provided to such term in Section 2.03(a).
Closing Date Mortgage Loans means the Mortgage Loans, other than the Delayed Close Mortgage Loan, that are deposited into the Intermediate Trust on the Closing Date, which are listed on Schedule A attached hereto.
Closing Date Mortgage Loans means all Mortgage Loans owned by the Borrower as of the day prior to the Closing Date.