Cutoff definition

Cutoff or "cutoff date" means a specific date on which a value is determined for purposes of a proceeding under this rule.

Cutoff shall have the meaning provided in Section 4.2 of this Agreement.

Cutoff or "cutoff date" means a specific date on which a value is determined for purposes of a

Examples of Cutoff in a sentence

• To the extent required under applicable law, as of the Cut-off Date or as of the date that such entity held the Mortgage Note, each holder of the Mortgage Note was authorized to transact and do business in the jurisdiction in which each related Mortgaged Property is located, or the failure to be so authorized does not materially and adversely affect the enforceability of such Mortgage Loan by the Trust.

• An engineering report or property condition assessment was prepared in connection with the origination of each Mortgage Loan no more than twelve months prior to the Cut-off Date.

• As of the date of origination of the related Mortgage Loan and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, neither the Mortgaged Property (other than any tenants of such Mortgaged Property), nor any portion thereof, is the subject of, and no Mortgagor, guarantor or tenant occupying a single-tenant property is a debtor in state or federal bankruptcy, insolvency or similar proceeding.

• As of the date of origination and to the Mortgage Loan Seller’s knowledge as of the Cut-off Date, there is no proceeding pending and, to the Mortgage Loan Seller’s knowledge as of the date of origination and as of the Cut-off Date, there is no proceeding threatened for the total or partial condemnation of such Mortgaged Property that would have a material adverse effect on the value, use or operation of the Mortgaged Property.

• No Mortgage Loan has been more than 30 days delinquent, without giving effect to any grace or cure period, in making required payments in the prior 12 months (or since origination if such Mortgage Loan has been originated within the past 12 months), and as of Cut-off Date, no Mortgage Loan is delinquent (beyond any applicable grace or cure period) in making required payments.

More Definitions of Cutoff

Cutoff means Broadridge’s complete receipt of usable data.

Cutoff as used herein shall mean that the Subscribing Reinsurer shall have no liability hereunder with respect to losses under policies allocated to underwriting years commencing after the effective date and time of termination. The Subscribing Reinsurer shall return all unearned net written premium and assumed premium collected less commission as stated in this Article as of the effective date of termination.

Cutoff means a T1 cutoff or T2 cutoff;

Cutoff has the meaning set forth in Section 2.8.

Cutoff is defined as IBS' complete receipt of usable statement data file and subsequent Customer release facsimile for production.

Cutoff shall have the meaning set forth in SECTION 3.8(a).

Cutoff basis, in which event the unearned reinsurance premium (less previously allowed ceding commission) as of the effective date of expiration shall be returned by the Reinsurer to the Company.