Conveyance Period definition

Conveyance Period. The period from the Closing Date until the earliest of (i) the date on which the amount on deposit in the Supplemental Loan Account is equal to or less than $150,000, or (ii) an Event of Default occurs or (iii) April 30, 2003.

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Conveyance Period. Conveyance Period Distribution Date", "Supplemental Amount", "Supplemental Loan Account", "Supplemental Mortgage Loan", "Supplemental Transfer Agreement" and "Supplemental Transfer Date" shall be of no force or effect and all provisions herein related thereto shall similarly be of no force or effect.

Conveyance Period means the period of time during which the conveyance of the Sales Tax Revenues by the City to the Corporation pursuant to this Sale Agreement is effective, namely, from the Closing Date until the date on which there are no Secured Obligations remaining Outstanding and the Indenture has been discharged in accordance with its terms.

Examples of Conveyance Period in a sentence

If any funds remain in the Supplemental Loan Account at the end of the Conveyance Period, to the extent that they represent earnings on the amounts originally deposited into the Supplemental Loan Account, the Trustee shall distribute them to the order of the Depositor.
If any funds remain in the Capitalized Interest Account at the end of the Conveyance Period, the Trustee shall make the transfer described in the preceding paragraph if necessary for the remaining Conveyance Period Distribution Date and the Trustee shall distribute any remaining funds in the Capitalized Interest Account to the order of the Depositor.
Each Distribution Date during the Conveyance Period and, if the Conveyance Period ends after the Distribution Date in a month, the immediately succeeding Distribution Date.
At such time as this Agreement is no longer effective because the Conveyance Period has ended, the Trustee shall give written notice to the State Entities and the City that this Agreement and the direction provided for in Section 2.04(d) hereof are no longer in effect.
If any funds remain in the Capitalized Interest Accounts at the end of the Conveyance Period, the Trustee shall make the transfers described in the preceding paragraph if necessary for the remaining Conveyance Period Distribution Date and the Trustee shall distribute any remaining funds in the Capitalized Interest Accounts to the order of the Depositor.
Pursuant to the South Carolina Uniform Electronic Transactions Act, “Electronic Signature” means an electronic sound, symbol, or process attached to or logically associated with a record and executed or adopted by a person with the intent to sign the record.
At such time as this Agreement is no longer effective because the Conveyance Period has ended, the Trustee shall give written notice to the State Entities and the Village that this Agreement and the direction provided for in Section 2.04(d) hereof are no longer in effect.
If any funds remain in the Supplemental Loan Accounts at the end of the Conveyance Period, to the extent that they represent earnings on the amounts originally deposited into the Supplemental Loan Accounts, the Trustee shall distribute them to the order of the Depositor.
In the event that City shall fail to give notice to the Escrow Agent to effect the Developer Parcel Conveyance as aforesaid, then City’s right to give such notice shall automatically expire on the last day of the Developer Parcel Conveyance Period and shall thereafter be null and void.
In connection therewith, City, at its option, may obtain at any time during the Developer Parcel Conveyance Period at City’s sole cost and expense, an additional ALTA/ACSM survey of the Developer Parcel together with a title insurance commitment relative to the Developer Parcel prepared and issued, respectively, by a surveyor and a title insurance company selected by City.

More Definitions of Conveyance Period

Conveyance Period. The period from the Closing Date until the earliest of (i) the date on which the amount on deposit in the Supplemental Loan Account for Loan Group 1, Loan Group

Conveyance Period. Conveyance Period Distribution Date", "Remaining Non-PO Supplemental Loan Amount", "Remaining PO Supplemental Loan Amount", "Supplemental Amount", "Supplemental Cut-off Date", "Supplemental Loan Account", "Supplemental Mortgage Loan", "Supplemental Transfer Agreement" and "Supplemental Transfer Date" shall be of no force or effect and all provisions herein related thereto shall similarly be of no force or effect.

Conveyance Period. Conveyance Period Distribution Date," "Supplemental Mortgage Loan," "Subsequent Transfer Agreement," "Subsequent Transfer Date" and "Capitalized Interest Account" shall be of no force or effect as they relate to such loan group and all provisions in this Agreement related to those terms shall similarly be of no force or effect as they relate to such loan group.

Conveyance Period. Conveyance Period Distribution Date", "Supplemental Amount", "Supplemental Cut-off Date", "Supplemental Loan Account", "Supplemental Mortgage Loan", "Supplemental Transfer