Cut-off Date definition

Cut-off Date. With respect to each Original Mortgage Loan, December 1, 1998. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the "Cut-off Date," when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.
Cut-off Date means 31st March of the year closing after two years of the year of commercial operation of whole or part of the project, and in case the whole or part of the project is declared under commercial operation in the last quarter of the year, the cut-off date shall be 31st March of the year closing after three years of the year of commercial operation”.
Cut-off Date means the last day on which the Contractor must hold the blocked rooms for the Program, at which time the Contractor may release the unreserved rooms to the general public.

Examples of Cut-off Date in a sentence

  • As of the applicable Cut-Off Date thereof, the Borrower has no knowledge of any fact which should lead it to expect that any Loan Asset will not be paid in full.

  • By its execution of this Agreement each of the parties hereto makes the representations and warranties set forth in Article III of the Master Loan Sale Agreement, as applicable, as of the Cut-Off Date and the provisions of Section 8.14 of the Master Loan Sale Agreement are hereby incorporated herein by reference.

  • The Receivable complied at the time it was originated or made in all material respects with all requirements of applicable federal, state and local laws, and regulations thereunder, except where the failure to comply (i) was remediated or cured in all material respects prior to the Cut-Off Date or (ii) would not render such Receivable unenforceable or create liability for the Purchaser or the Issuer, as assignee of such Receivable.

  • As of the applicable Cut-Off Date thereof, the Borrower has no knowledge of any fact which would lead it to expect that any Loan Asset will not be paid in full.

  • The Borrower shall deliver to the Collateral Custodian a hard copy or electronic copy of the Required Loan Documents and the Loan Asset Checklist pertaining to each Loan Asset within seven Business Days of the Cut-Off Date pertaining to such Loan Asset.


More Definitions of Cut-off Date

Cut-off Date. Means the earlier of (a) the Delivery Period Termination Date and (b) the date on which a Triggering Event occurs.
Cut-off Date. The date or dates designated as such on the related Mortgage Loan Schedule with respect to the related Mortgage Loan Package.
Cut-off Date. With respect to any Mortgage Loan, January 1, 2006 First Distribution Date : February 27, 2006 Initial Certificate Principal Balance of this Certificate (“Denomination”) : $[_______] Original Class Certificate Principal Balance of this Class : $[_______] Percentage Interest : 100.00% Pass-Through Rate : Variable CUSIP : [____] Class : M-10 Final Scheduled Distribution Date : January, 2036 Assumed Final Maturity Date : December, 2045 Xxxx Xxxxx Xxxxxxxx Loan Trust 2006-WL1 Asset-Backed Certificates, Series 2006-WL1 Class M-10 evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of fixed rate and adjustable rate mortgage loans (the “Mortgage Loans”) LONG BEACH SECURITIES CORP., as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-10 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-10 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Master Servicer or the Trustee referred to below or any of their respective affiliates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-10 Certificate (obtained by dividing the Denomination of this Class M-10 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Long Beach Securities Corp. (the “Depositor”). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of January 1, 2006 (the “Agreement”) among the Depositor, Long Beach Mortgage Company, as master servicer (the “Master Servicer”) and as seller, and Deutsche Bank National Trust Company, as trustee (the “Trustee”). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-10 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-10 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the Code, any Person acting, directly or indirectly, on...
Cut-off Date. The first day of the month of initial issuance of the Certificates as set forth in Section 11.02.
Cut-off Date. The first day of the month in which the related Closing Date occurs.
Cut-off Date. With respect to any Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan or (ii) July 1, 2000 First Distribution Date : August 25, 2000 Initial Certificate Principal Balance of this Certificate ("Denomination") : $7,250,000.00 Original Class Certificate Principal Balance of this Class : $7,250,000.00 Percentage Interest : 100.00% Pass-Through Rate : Variable CUSIP : 68389F __ _ Class : M-1 Assumed Maturity Date : September 2030 Option One Mortgage Loan Trust 2000-3 Asset-Backed Certificates, Series 2000-3 Class M-1 evidencing the Percentage Interest in the distributions allocable to the Certificates of the above-referenced Class with respect to the Trust consisting of first lien, adjustable rate mortgage loans (the "Mortgage Loans") OPTION ONE MORTGAGE ACCEPTANCE CORPORATION, as Depositor Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-1 Certificate at any time may be less than the Initial Certificate Principal Balance set forth on the face hereof, as described herein. This Class M-1 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Depositor, the Master Servicer, or the Trustee referred to below or any of their respective affiliates. This certifies that Cede & Co. is the registered owner of the Percentage Interest evidenced by this Class M-1 Certificate (obtained by dividing the Denomination of this Class M-1 Certificate by the Original Class Certificate Principal Balance) in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Option One Mortgage Acceptance Corporation (the "Depositor"). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of July 1, 2000 (the "Agreement") among the Depositor, Option One Mortgage Corporation, as master servicer (the "Master Servicer"), and Wells Fargo Bank Minnesota, N.A., a xxxxxnal banking association, as Trustee (the "Trustee"). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-1 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Holder of this Class M-1 Certificate by virtue of the acceptance hereof assents and by which such Holder is bound. No transfer of this Certificate to a Plan subject to ERISA or Section 4975 of the...
Cut-off Date. In the case of any Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) February 1, 2007.