Defeasance Lockout Expiration Date definition

Defeasance Lockout Expiration Date means the date that is two (2) years from the “startup day” within the meaning of Section 860G(a)(9) of the Code for the Securitization Vehicle established in connection with the last Securitization involving any portion of the Loan.
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Defeasance Lockout Expiration Date. As defined in the Mortgage Loan Agreement.
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Defeasance Lockout Expiration Date shall have the meaning set forth in Section 2.5.1.
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Examples of Defeasance Lockout Expiration Date in a sentence

  • No Transfer and Assumption shall be permitted prior to the Defeasance Lockout Expiration Date (as defined in the Note).


More Definitions of Defeasance Lockout Expiration Date

Defeasance Lockout Expiration Date. 2.4.2(a) “Defeasance Security Agreement” - 2.4.2(a)(iii) “Disclosure Document” - 9.2(a) “Easements” - 3.1.11 “EEA Financial Institution” – 10.26 “EEA Member Country” – 10.26
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Defeasance Lockout Expiration Date. 2.4.2(a) “Defeasance Release” - 2.4.2(a) “Defeasance Security Agreement” - 2.4.2(a)(iii) “Disclosed Document” – 4.33.8 “Disclosure Document” - 9.2(a) “Easements” - 3.1.11 “Embargoed Person” - 4.32(c) “Equipment” - Mortgage “ERISA” - 4.31 “Event of Default” - 8.1 “Exchange Act” - 9.2(a) “Exchange Act Filing” - 9.1(d) “Extraordinary Operating Expense” - 4.9.6 “Funds” - 6.3.1 “Government Lists” - 4.32(b) “Improvements” - Mortgage “Indemnified Liabilities” - 4.30
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Defeasance Lockout Expiration Date. 2.4.2(a) “Defeasance Security Agreement” - 2.4.2(a)(iii) “Defeased Note” - 2.4.2(a)(iii) “Disclosure Document” - 9.2(a) “Easements” - 3.1.11 “Embargoed Person” - 4.32(c) “Equipment” - Mortgages “ERISA” - 4.31 “Event of Default” - 8.1 “Exchange Act” - 9.2(a) “Exchange Act Filing” - 9.1(d) “FF&E Reserve Account” - 6.9.1
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Related to Defeasance Lockout Expiration Date

  • Defeasance Date shall have the meaning set forth in Section 2.5.1(a)(i) hereof.

  • Defeasance Period is defined in the Note, if applicable.

  • Defeasance Event shall have the meaning set forth in Section 2.5.1(a) hereof.

  • Defeasance Loan Those Mortgage Loans which provide the related Mortgagor with the option to defease the related Mortgaged Property.

  • Covenant Defeasance Option is defined in Section 4.01(b) of the Indenture.

  • Defeasance Deposit means an amount equal to 100% of the remaining principal amount of this Note, the Yield Maintenance Premium, any costs and expenses incurred or to be incurred in the purchase of the U.S. Obligations necessary to meet the Scheduled Defeasance Payments and any revenue, documentary stamp or intangible taxes or any other tax or charge due in connection with the transfer of this Note or otherwise required to accomplish the agreements of this subsection;

  • Legal Defeasance Option is defined in Section 4.01(b) of the Indenture.

  • Scheduled Defeasance Payments shall have the meaning set forth in Section 2.5.1(b) hereof.

  • Defeasance Collateral means: (i) a Xxxxxxx Mac Debt Security, (ii) a Xxxxxx Mae Debt Security, (iii) U.S. Treasury Obligations, or (iv) FHLB Obligations.

  • Defeasance Obligations means any of the following obligations:

  • Defeasance Securities means (i) Federal Securities, (ii) noncallable obligations of an agency or instrumentality of the United States of America, including obligations that are unconditionally guaranteed or insured by the agency or instrumentality and that, on the date the Commissioners Court adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of the Bonds are rated as to investment quality by a nationally recognized investment rating firm not less than "AAA" or its equivalent, (iii) noncallable obligations of a state or an agency or a county, municipality, or other political subdivision of a state that have been refunded and that, on the date the Commissioners Court adopts or approves proceedings authorizing the issuance of refunding bonds or otherwise provide for the funding of an escrow to effect the defeasance of the Bonds, are rated as to investment quality by a nationally recognized investment rating firm no less than "AAA" or its equivalent, and (iv) any other then authorized securities or obligations under applicable State law that may be used to defease obligations such as the Bonds.

  • Defeasance Agent means another financial institution which is eligible to act as Trustee hereunder and which assumes all of the obligations of the Trustee necessary to enable the Trustee to act hereunder. In the event such a Defeasance Agent is appointed pursuant to this Section, the following conditions shall apply:

  • Offer Expiration Date has the meaning set forth in the definition of “Offer to Purchase.”

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • L/C Expiration Date means the day that is thirty days prior to the Maturity Date then in effect (or, if such day is not a Business Day, the next preceding Business Day).

  • Option Expiration Date means the last day of the maximum term of an Option.

  • Defeasance has the meaning specified in Section 13.2.

  • Lockout Period if applicable, is defined in the Note.

  • Optional Repurchase is defined in Section 5.1(b).

  • Fundamental Change Expiration Time has the meaning specified in Section 3.02(a)(1) hereof.

  • Initial Expiration Date is defined in Section 1.1(c) of the Agreement.

  • Repurchase Period means a period of 90 consecutive days commencing on the date when the Optionee’s Service terminates for any reason, including (without limitation) death or disability.

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Below Investment Grade Rating Event.

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Cure Expiration Date has the meaning set forth in Section 8.04(a).