Distribution Account Deposit Date definition

Distribution Account Deposit Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.

Distribution Account Deposit Date. The Business Day prior to each Distribution Date.

Distribution Account Deposit Date. As to any Distribution Date, 1:30 p.m. Central time on the Business Day immediately preceding such Distribution Date.

Examples of Distribution Account Deposit Date in a sentence

• All Permitted Investments shall mature or be subject to redemption or withdrawal on or before, and shall be held until, the next succeeding Distribution Account Deposit Date.

• The amount of such shortage (the "Substitution Adjustment Amount") plus an amount equal to the aggregate of any unreimbursed Advances with respect to such Deleted Mortgage Loans shall be deposited in the Certificate Account by the Seller on or before the Distribution Account Deposit Date for the Distribution Date in the month succeeding the calendar month during which the related Mortgage Loan became required to be purchased or replaced hereunder.

• With respect to any Mortgage Loan that does not have a first payment date on or before the Due Date in the month of the first Distribution Date, the Seller shall deposit into the Distribution Account on the first Distribution Account Deposit Date an amount equal to one month's interest at the related Adjusted Mortgage Rate on the Cut-off Date Principal Balance of such Mortgage Loan.

• Funds invested in the Collection Account shall mature not later than the Business Day next preceding the related Distribution Account Deposit Date (except that if such Permitted Investment is an obligation of or is managed by the institution that maintains such account, then such Permitted Investment shall mature not later than such Distribution Account Deposit Date).

• In addition, on or before the Distribution Account Deposit Date, the Master Servicer shall remit to the Trustee for deposit in the Distribution Account any Advances or any payments of Compensating Interest required to be made by the Master Servicer with respect to the Mortgage Loans.

More Definitions of Distribution Account Deposit Date

Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the third Business Day immediately preceding such Distribution Date.

Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the second Business Day immediately preceding such Distribution Date.

Distribution Account Deposit Date. With respect to each Servicer, not later than 1:00 p.m., New York time, on 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, either the immediately preceding or immediately following Business Day, as set forth in the related Acknowledgement, commencing in July 2007.

Distribution Account Deposit Date. The 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, the immediately preceding Business Day, commencing in December 2004.

Distribution Account Deposit Date. As to any Distribution Date, one Business Day prior to such Distribution Date. Distribution Date: Commencing in January 2007, the Distribution Date shall be the 25th day of each calendar month, or if such 25th day is not a Business Day, the next succeeding Business Day.

Distribution Account Deposit Date. With respect to each Distribution Date, the Business Day prior to such Distribution Date.

Distribution Account Deposit Date. The Business Day prior to such Distribution Date.