Data Remittance Date definition

Data Remittance Date. With respect to any Distribution Date, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day; provided, however, that with respect to WMMSC, the Data Remittance Date shall be no later than 12:00 noon, five Business Days before the related Distribution Date.

Data Remittance Date. With respect to any Distribution Date and (A) the Master Servicer, Banco Popular, R&G Mortgage, SPS, GreenPoint or Xxxxx Fargo, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day or (B) UMS, the 15th calendar day of the month in which such Distribution Date occurs, or if such 15th day is not a Business Day the Business Day immediately following such 15th day.

Data Remittance Date. With respect to any Distribution Date and each Servicer, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day . DBRS: Dominion Bond Rating Service, Inc. or any successor thereto.

Examples of Data Remittance Date in a sentence

• The foregoing information shall be reported to the Trustee each month on or before the Servicer Data Remittance Date.

• Each Servicer shall provide to the Trustee the information set forth in Exhibit Z hereto in such form as the Trustee shall reasonably request with respect to each Mortgage Loan serviced by such Servicer no later than twelve noon on the Servicer Data Remittance Date to enable the Trustee to calculate the amounts to be distributed to each Class of Certificates and otherwise perform its distribution, accounting and reporting requirements hereunder.

• On each Distribution Date, the Trustee shall verify, based on the recovery and expense information provided by Wilshire on the related Servicer Data Remittance Date, (i) the aggregate amount of accrued and unpaid Servicing Fees to be paid to Wilshire and expenses to be reimbursed to Wilshire on such Charged Off Loans as of the related Due Period and (ii) the amount of Net Recoveries on such Charged Off Loans for such Distribution Date.

• On each Data Remittance Date SPS shall provide the Master Servicer with a report listing each SPS Mortgage Loan that has liquidated or been satisfied in full indicating the information, or information substantially similar to the information, contained in Exhibit P together with all supporting documentation for the prior calendar month.

• As to any Ocwen Serviced Loan for which Ocwen is to receive the compensation described in the previous sentence in lieu of its Servicing Fee, Ocwen shall report such information to the Trustee together with the information reported to the Trustee on each Servicer Data Remittance Date pursuant to Section 4.06 hereof.

More Definitions of Data Remittance Date

Data Remittance Date. With respect to any Distribution Date and WMMSC, no later than 12:00 p.m., five Business Days before the related Distribution Date.

Data Remittance Date. With respect to any Distribution Date and (A) the Master Servicer, SPS or Xxxxx Fargo, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day or (B) WMMSC, no later than twelve noon, five Business Days before the related Distribution Date. Deferred Amount: For any Class of Subordinate Certificates (other than the Class X Certificates) and any Distribution Date, the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the sum of (i) the aggregate of amounts previously paid in reimbursement thereof and (ii) any additions to the Class Principal Balance pursuant to Section 4.03 on such Distribution Date or any previous Distribution Date. Any payment of Deferred Amount pursuant to Section 4.01(I)(d) shall not result in a reduction to the Class Principal Balance of the Class of Certificate to which it is distributed.

Data Remittance Date. With respect to any Distribution Date and (A) each Servicer other than UMS and WMMSC, on the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day, (B) UMS, no later than the 15th calendar day of the month in which such Distribution Date occurs, or if such 15th day is not a Business Day, the Business Day immediately following such 15th day, or (C) WMMSC, no later than 12:00 noon (New York City time) on the day that is five Business Days before such Distribution Date.

Data Remittance Date. With respect to any Distribution Date and (i) the Master Servicer and the Servicers (other than WMMSC and Xxxxx Fargo), no later than 12:00 noon (New York City time), five Business Days prior to such Distribution Date and (ii) Xxxxx Fargo, no later than five Business Days prior to such Distribution Date. Additional Disclosure Notification: As defined in Section 13.02. Additional Form 10-D Disclosure: As defined in Section 13.02. Additional Form 10-K Disclosure: As defined in Section

Data Remittance Date. With respect to each Payment Date and any Ocwen Serviced Loan or Wilshire Serviced Loan, the second Business Day immediately following the 15th day of the month of such Payment Date. With respect to any Group 2 Loan, is the 18th day of the month or the next Business Day.

Data Remittance Date. With respect to any Distribution Date and the Master Servicer, SPS or Xxxxx Fargo, the 10th calendar day of the month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately following such 10th day. Deferred Amount: For any Class of Subordinate Certificates and any Distribution Date, the amount by which (x) the aggregate of the Applied Loss Amounts previously applied in reduction of the Class Principal Balance thereof exceeds (y) the sum of (i) the aggregate of amounts previously paid in reimbursement thereof and (ii) any additions to the Class Principal Balance pursuant to Section 4.03 on such Distribution Date or any previous Distribution Date. Any payment of Deferred Amount pursuant to Section 4.01(I)(d) shall not result in a reduction to the Class Principal Balance of the Class of Certificate to which it is distributed.

Data Remittance Date. With respect to each Payment Date and any Loan, the 18th day of the month or the next Business Day.