Early Termination Notice Date definition

Early Termination Notice Date. Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) and the Trust Subordinate Companion Loans (including successor REO Companion Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool and the Trust Subordinate Companion Loans initially included in the Trust Fund.
Early Termination Notice Date. Any date as of which the aggregate Scheduled Principal Balance of the Mortgage Loans remaining in the __________ Trust Fund is less than __% of the aggregate Scheduled Principal Balance of the Mortgage Loans as of the Cut-off Date.

Examples of Early Termination Notice Date in a sentence

  • Any Holder of a Class Certificate representing greater than a __% Percentage Interest in such Class, the Servicer or the Depositor may also effect such termination as provided above if it first notifies the Special Servicer through the Trustee of its intention to do so in writing at least __ days prior to the Early Termination Notice Date and the Special Servicer does not terminate the Trust Fund as described above within such __ day period.

  • Upon payment of the Early Termination Payment by Buyer, neither RTEA nor Buyer shall have any further payment obligations under this Agreement, other than for any unpaid Tax Benefit Payment with respect Taxable Years ending on or before the Early Termination Notice Date.

  • The Servicer or the Depositor may also effect such termination as provided above if it first notifies each Holder of a Class R-I Certificate representing greater than a 50% Percentage Interest in such Class through the Trustee of its intention to do so in writing at least 30 days prior to the Early Termination Notice Date and no Class R-I Holder terminates the Trust Fund as described above within such 30 day period.

  • The Servicer or the Depositor may also effect such termination as provided above if it first notifies each Holder of a Class LR Certificate through the Trustee of its intention to do so in writing at least 30 days prior to the Early Termination Notice Date and no Class XX Xxxxxx terminates the Trust Fund as described above within such 30-day period.

  • The Trustee shall give written notice of the Early Termination Notice Date to the Certificate Insurer promptly upon the occurrence thereof.


More Definitions of Early Termination Notice Date

Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) and the Trust Subordinate Companion Loans (including successor REO Companion Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Stated Principal Balance of the Mortgage Pool and the Trust Subordinate Companion Loans initially included in the Trust Fund as of the Cut-Off Date (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the aggregate unpaid principal balance of the Cxxxxxx Highline Phase IV Mortgage Loan, but only if the right to purchase referred to Section 9.01(c) is exercised after the Distribution Date in February 2032).
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Stated Principal Balance of the Mortgage Pool as of the Cut-Off Date (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the aggregate unpaid principal balances of One Wilshire Mortgage Loan and the Novo Nordisk HQ Mortgage Loan, but only if the right to purchase referred to Section 9.01(c) is exercised after the Distribution Date in May 2032).
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) and the Trust Subordinate Companion Loans (including any successor REO Companion Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Stated Principal Balance of the Mortgage Pool and the Trust Subordinate Companion Loans initially included in the Trust Fund as of the Cut-Off Date (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the aggregate unpaid principal balances of any Mortgage Loan(s) that are/is ARD Mortgage Loan(s), but in each case only if the right to purchase described in Section 9.01(c) is exercised after the Distribution Date related to the Collection Period in which the corresponding Anticipated Repayment Date occurs).
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) and the Trust Subordinate Companion Loan (including successor REO Companion Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Stated Principal Balance of the Mortgage Pool and the Trust Subordinate Companion Loan as of the Cut-Off Date (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the MGM Grand & Mandalay Bay Mortgage Loan and the First Republic Center Mortgage Loan if the right to purchase referred to in Section 9.01(c) is exercised on or after the Distribution Date in February 2031).
Early Termination Notice Date. Any date on which the Pool Principal Balance is less than 10% of the Initial Principal Balance.
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than (b) 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the Staples Strategic Industrial Mortgage Loan, the PSM Building Mortgage Loan, and the Midwest Dollar General Portfolio Mortgage Loan if the right to purchase referred to in Section 9.01(c) is exercised on or after the Distribution Date in February 2029).
Early Termination Notice Date means the date of an Early Termination Notice.