Day Delinquency definition

Day Delinquency. The failure of the Mortgagor to make any Scheduled Payment due under the Mortgage Note on or prior to the date which is 30 days after such payment's Due Date.
Sample 1Sample 2Sample 3

Examples of Day Delinquency in a sentence

  • Table 6.Regressions for Prioritization of 31+ Day Delinquency Cures For obligations delinquent but not in bad status in previous quarter 2005:Q2 to 2019:Q3 LaggedEstimated coefficientsContract type Collateral typedelinquency status Contract features(True lease omitted)(Hard omitted)Variable Adjusted R2 No. of observations (obligation-qtrs.)Regression statisticsNo. offirm-qtrs.

  • Sum of Principal Balances (as of the Accounting Date) of all Receivables delinquent more than 30 days with respect to all or any portion of a Scheduled Payment as of the Accounting Date 20,903,721.95 Aggregate Principal Balance as of the Accounting Date 742,961,210.71 --------------- Thirty Day Delinquency Ratio 2.81356841% =========== Page 7 (2000 - 2) 8 ASSOCIATES AUTOMOBILE RECEIVABLES TRUST 2000-2 PERFORMANCE INFORMATION FOR THE MONTHLY PERIOD ENDING NOVEMBER 30, 2000 I.

  • Thirty Day Delinquency Ratio Sum of Principal Balances (as of the Accounting Date) of all Receivables delinquent more than 30 days with respect to all or any portion of a Scheduled Payment as of the Accounting Date 31,693,622.91 Aggregate Principal Balance as of the Accounting Date 925,294,590.22 ------------------ Thirty Day Delinquency Ratio 3.42524675% ================ III.

  • Day Delinquency Ratio (a) Thirty-Day Delinquency Ratio for current Remittance Date _______ (b) Average Thirty-Day Delinquency Ratio (arithmetic average of ratios for this month and two preceding months; may not exceed 5.5%) _______ 15.

  • These residuals were larger near the stations in the Himalayan foothills as compared to that in peninsular India.

  • Day Delinquency Ratio for current Remittance Date _______ (b) Average Sixty-Day Delinquency Ratio (arithmetic average of ratios for this month and two preceding months; may not exceed 3.5%) _______ 14.

  • The indicator for “90 Day Delinquency Rate” as of September 2007 is 1.93 percent.

  • Thirty Day Delinquency Ratio Sum of Principal Balances (as of the Accounting Date) of all Receivables delinquent more than 30 days with respect to all or any portion of a Scheduled Payment as of the Accounting Date 25,854,898.04 Aggregate Principal Balance as of the Accounting Date 950,639,185.66 --------------- Thirty Day Delinquency Ratio 2.71973830% ================= III.

  • Table 6.Regression for Prioritization of 31+ Day Delinquency CuresFor obligations delinquent but not in bad status in previous quarter 2005:Q2 to 2019:Q3Estimated coefficients for lender types Lender type (Independent omitted) Coefficient Bank –0.191(–3.5)Bank subsidiary –0.033(–2.7)Bank licensed –0.030a(–2.2)Captive –0.114(–8.5) Regression statistics Adjusted R2No. of observations (obligation-qtrs.) No. offirm-qtrs.

  • Sixty - Day Delinquency Ratio for current Remittance Date 1.76% -------------- b.

Related to Day Delinquency

  • Sixty-Day Delinquency Rate As to any Payment Date, the percentage equivalent of a fraction, the numerator of which is the aggregate Principal Balance of (a) Mortgage Loans that are 60 or more days delinquent, (b) Mortgage Loans that are 60 or more days delinquent and in bankruptcy or foreclosure and (c) all REO Property, in each case, as of the last day of the preceding month, and the denominator of which is the Pool Balance as of the last day of the related Due Period.

  • Delinquency means the sum of all taxes and municipal charges

  • Tax Delinquency means an unpaid Federal tax liability that has been assessed, for which all judicial and administrative remedies have been exhausted, or have lapsed, and that is not being paid in a timely manner pursuant to an agreement with the authority responsible for collecting the tax liability.

  • 60+ Day Delinquent Loan Each Mortgage Loan (including each Mortgage Loan in foreclosure and each Mortgage Loan for which the Mortgagor has filed for bankruptcy after the Closing Date) with respect to which any portion of a Monthly Payment is, as of the last day of the prior Collection Period, two months or more past due and each Mortgage Loan relating to an REO Property.

  • 60+ Day Delinquent Mortgage Loan (i) Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, two months or more past due (without giving effect to any grace period), including, without limitation, such Mortgage Loans that are subject to bankruptcy proceedings, (ii) each Mortgage Loan in foreclosure and (iii) all REO Property.

  • 60-Day Delinquent Receivables means, as of any date of determination, all Receivables (other than Repurchased Receivables and Defaulted Receivables) that are sixty (60) or more days delinquent as of such date (or, if such date is not the last day of a Collection Period, as of the last day of the Collection Period immediately preceding such date), as determined in accordance with the Servicer’s Customary Servicing Practices.

  • Day Delinquent Mortgage Loan Each Mortgage Loan with respect to which any portion of a Scheduled Payment is, as of the last day of the prior Due Period, three months or more past due (without giving effect to any grace period), including each Mortgage Loan in foreclosure, all REO Property and each Mortgage Loan for which the Mortgagor has filed for bankruptcy.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Delinquency Amount means, as of any Distribution Date, the Principal Balance of all Contracts that were delinquent 60 days or more as of the end of the related Due Period (including Contracts in respect of which the related Motorcycles have been repossessed and are still in inventory).

  • Sixty-Plus Delinquency Percentage With respect to any Distribution Date and the Mortgage Loans, the arithmetic average, for each of the three Distribution Dates ending with such Distribution Date, of the fraction, expressed as a percentage, equal to (x) the aggregate Stated Principal Balance of the Mortgage Loans that are 60 or more days delinquent in payment of principal and interest for that Distribution Date, including Mortgage Loans in foreclosure and REO, over (y) the aggregate Stated Principal Balance of all of the Mortgage Loans immediately preceding that Distribution Date.

  • Delinquency Event A Delinquency Event shall have occurred with respect to any Distribution Date if the Rolling Three Month Delinquency Rate as of the last day of the immediately preceding calendar month equals or exceeds 53.00% of the Senior Enhancement Percentage for such Distribution Date.

  • Delinquency Percentage means, for any Payment Date and the related Collection Period, an amount equal to the ratio (expressed as a percentage) of (i) the aggregate Principal Balance of all 60-Day Delinquent Receivables as of the last day of such Collection Period to (ii) the Pool Balance as of the last day of such Collection Period.

  • Assessment Date means the tax assessment effective date for each tax year in question,i.e. December 31 of the immediately preceding calendar year.

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if:

  • Delinquency Rate With respect to any calendar month, the fraction, expressed as a percentage, the numerator of which is the aggregate outstanding principal balance of all Mortgage Loans 60 days Delinquent or more (including all foreclosures, bankruptcies and REO Properties) as of the close of business on the last day of such month, and the denominator of which is the Pool Balance as of the close of business on the last day of such month.

  • Delinquent child means a child who has committed a delinquent act or an adult who has committed

  • Delinquent debt means (1) any debt owed to FCIC that has not been paid by the termination date specified in the applicable contract of insurance, or other due date for payment contained in any other agreement, or notification of indebtedness, and (2) any overdue amount owed to FCIC by a debtor which is the subject of an installment payment agreement which the debtor has failed to satisfy under the terms of such agreement.

  • Repeatedly Delinquent means any payment of a material amount of total monthly Billing under this Agreement received after the Payment Due Date, three (3) or more times during the last twelve (12) month period. The deposit may not exceed the estimated total monthly charges for a two (2) month period based upon recent Billing. The deposit may be an irrevocable bank letter of credit, a letter of credit with terms and conditions acceptable to Qwest, or some other form of mutually acceptable security such as a cash deposit. The deposit may be adjusted by CLEC’s actual monthly average charges, payment history under this Agreement, or other relevant factors, but in no event will the security deposit exceed five million dollars ($5,000,000.00). Required deposits are due and payable within thirty (30) Days after demand and non-payment is subject to the terms and provisions of Section 8.2 and Section 8.3 of this Agreement.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Delinquent Loan A Mortgage Loan that is delinquent at least sixty (60) days in respect of its Monthly Payments or Balloon Payment, if any, in either case such delinquency to be determined without giving effect to any Grace Period.

  • Delinquency proceeding means a proceeding instituted against an insurer for the purpose of liquidating, rehabilitating, reorganizing or conserving the insurer, and a summary proceeding under section 507C.9 or 507C.10. “Formal delinquency proceeding” means any liquidation or rehabilitation proceeding.

  • Delinquency Ratio means the ratio (expressed as a percentage and rounded to the nearest 1/100 of 1%, with 5/1000th of 1% rounded upward) computed as of the last day of each calendar month by dividing: (a) the aggregate Outstanding Balance of all Pool Receivables that were Delinquent Receivables on such day by (b) the aggregate Outstanding Balance of all Pool Receivables on such day.

  • Delinquent A Mortgage Loan is "delinquent" if any payment due thereon is not made pursuant to the terms of such Mortgage Loan by the close of business on the day such payment is scheduled to be due. A Mortgage Loan is "30 days delinquent" if such payment has not been received by the close of business on the corresponding day of the month immediately succeeding the month in which such payment was due, or, if there is no such corresponding day (e.g., as when a 30-day month follows a 31-day month in which a payment was due on the 31st day of such month), then on the last day of such immediately succeeding month. Similarly for "60 days delinquent," "90 days delinquent" and so on.

  • Delinquency Advance As defined in Section 8.09(a) hereof.

  • assessment period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Assessment Rate means, for any day, the annual assessment rate in effect on such day that is payable by a member of the Bank Insurance Fund classified as "well-capitalized" and within supervisory subgroup "B" (or a comparable successor risk classification) within the meaning of 12 C.F.R. Part 327 (or any successor provision) to the Federal Deposit Insurance Corporation for insurance by such Corporation of time deposits made in dollars at the offices of such member in the United States; provided that if, as a result of any change in any law, rule or regulation, it is no longer possible to determine the Assessment Rate as aforesaid, then the Assessment Rate shall be such annual rate as shall be determined by the Administrative Agent to be representative of the cost of such insurance to the Lenders.