Final Insured Payment Date definition

Final Insured Payment Date. The Payment Date in July 2030.
Final Insured Payment Date. The Payment Date in February 2036. FNMA: The Federal National Mortgage Association, or any successor thereto.
Final Insured Payment Date means the earlier of (A) the Scheduled Maturity Date and (B) the final Payment Date that occurs in connection with the redemption of the Notes under the Indenture.

Examples of Final Insured Payment Date in a sentence

  • In addition, on the Final Insured Payment Date or other final Payment Date (including the Payment Date following any purchase by the Master Servicer of the Home Loans pursuant to Section 8.08 of the Servicing Agreement), the amount to be paid pursuant to clause (ii) above shall be equal to the aggregate Note Balance of the Notes immediately prior to such Payment Date.

  • In addition, on the Final Insured Payment Date or other final Payment Date (including the Payment Date following any purchase by the Master Servicer of the Home Loans pursuant to Section 8.08 of the Servicing Agreement), the amount to be paid pursuant to clause (ii) above shall be equal to the aggregate Note Balance of the Notes immediately prior to such Payment Date and, in addition to the foregoing, the Class A-IO Notes shall be paid the Adjusted Issue Price, if any.

  • In addition, on the Final Insured Payment Date, the Indenture Trustee shall make a draw on the Credit Enhancement Instrument in the amount by which the aggregate Note Balance of such Notes exceeds the payments otherwise available to be made to the Holders thereof on the Final Insured Payment Date.


More Definitions of Final Insured Payment Date

Final Insured Payment Date. The Payment Date in [______] 20[__].
Final Insured Payment Date means the Payment Date occurring on August 15, 2030.
Final Insured Payment Date means the earlier of (A) the Payment Date occurring in May 2036 and (B) the Payment Date on which an optional redemption to which the Insurer has consented occurs as described in Section 8.07 of the Indenture.
Final Insured Payment Date. The Payment Date in December 2025.
Final Insured Payment Date has the meaning given to it in the Adoption Annex.

Related to Final Insured Payment Date

  • Insured Payment means (a) as of any Distribution Date, any Deficiency Amount and (b) any Preference Amount.

  • Insured Payments means, with respect to any Distribution Date, the aggregate amount actually paid by the Certificate Insurer to the Trustee in respect of (i) Insured Amounts for a Distribution Date and (ii) Preference Amounts for any given Business Day.

  • Loss Payment Date has the meaning specified in Section 7.05(a) of the Indenture.

  • Maturity Payment Date means the date falling on the fifth Business Day following the Valuation Date, provided, however, that if the Reference Portfolio Return is not determined on such Valuation Date because the date at which the Reference Asset Return of one or more Reference Assets to be determined is postponed, then the Maturity Payment Date will be the fifth Business Day following the latest of such postponed dates at which the Reference Portfolio Return is determined; in each case where the Maturity Payment Date is so postponed, there will be no interest or other compensation made in respect of any such delay.

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Specified Payment means any Permitted Acquisition or Permitted Investment, in each case, where such event is subject to satisfaction of the Payment Conditions or any component thereof, pursuant to the terms of this Agreement.

  • Special Hazard Loss Coverage Amount With respect to the first Distribution Date, $5,000,000. With respect to any Distribution Date after the first Distribution Date, the lesser of (a) the greatest of (i) 1% of the aggregate of the principal balances of the Mortgage Loans, (ii) twice the principal balance of the largest Mortgage Loan and (iii) the aggregate of the principal balances of all Mortgage Loans secured by Mortgaged Properties located in the single California postal zip code area having the highest aggregate principal balance of any such zip code area and (b) the Special Hazard Loss Coverage Amount as of the Closing Date less the amount, if any, of Special Hazard Losses allocated to the Certificates since the Closing Date. All principal balances for the purpose of this definition will be calculated as of the first day of the calendar month preceding the month of such Distribution Date after giving effect to Scheduled Payments on the Mortgage Loans then due, whether or not paid.

  • Insured Amount As defined in the Policy.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Excess Cash Flow Payment Date means the earlier of (a) the date occurring 90 days after the last day of each fiscal year of the Borrower (commencing with the fiscal year of the Borrower ending December 31, 2018) and (b) the third Business Day following the date on which financial statements with respect to such period are delivered pursuant to Section 5.01(c).

  • Additional Insured is defined in Section D of Annex D to the Lease.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Loss Payee Has the meaning specified in Section 13.02(b)(i) of the Lease.

  • Final Repayment Date means the date falling on the earlier of (i) the date falling on the sixth anniversary of the Drawdown Date and (ii) 30 November 2023.

  • Reimbursement Date as defined in Section 2.3.2.

  • Premium Due Date means date specified in the Schedule on which the Instalment Premium will become due.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Insured Expenses Expenses covered by an Insurance Policy or any other insurance policy with respect to the Mortgage Loans.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

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

  • Insured Amounts means, with respect to any Distribution Date, the Deficiency Amount for such Distribution Date.

  • Excess Cash Flow Payment Period means, with respect to any Excess Cash Flow Payment Date, the immediately preceding fiscal year of the Borrower.