Cut-off Date Balance definition
Cut-off Date Balance. With respect to any Mortgage Loan, the outstanding principal balance of such Mortgage Loan, as of the Cut-off Date, after application of all payments of principal due on or before such date, whether or not received.
Cut-off Date Balance. With respect to the Mortgage Loans in the Trust Fund on the Closing Date, the Aggregate Stated Principal Balance as of the Cut-off Date.
Cut-off Date Balance. The Aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.
Examples of Cut-off Date Balance in a sentence
Each Mortgage Loan with a Cut-off Date Balance of $30 million or more has a counsel’s opinion regarding non-consolidation of the Mortgagor.
More Definitions of Cut-off Date Balance
Cut-off Date Balance. The Aggregate Pool Balance as of the Cut-off Date.
Cut-off Date Balance. With respect to any Mortgage Loan or Serviced Companion Loan, the outstanding principal balance of such Mortgage Loan or Serviced Companion Loan, as applicable, as of the Cut-Off Date, after application of all payments of principal due on or before such date, whether or not received (or, if such Mortgage Loan was originated subsequent to the Cut-Off Date, its original principal balance).
Cut-off Date Balance. With respect to the Mortgage Loans in the Trust Fund on the Closing Date, the Pool Balance as of the Cut-off Date.
Cut-off Date Balance means, with respect to any Mortgage Loan, the outstanding principal balance of such Mortgage Loan as of the Cut-off Date, net of all unpaid payments of principal due in respect thereof on or before such date.
Cut-off Date Balance means $363,151,281.98.
Cut-off Date Balance. The aggregate scheduled unpaid principal balance of the Mortgage Loans in a Mortgage Loan Package as of the Cut-off Date, after application of (i) scheduled payments of principal due on such Mortgage Loans on or before such Cut-off Date, whether or not collected, and (ii) any Principal Prepayments received from the Mortgagor prior to the Cut-off Date.
Cut-off Date Balance. The Group I Cut-off Date or the Group II Cut-off Date Balance.