Examples of Final Rated Distribution Date in a sentence
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 9.15 and in any event prior to the Final Rated Distribution Date.
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 8.19(a), and in any event prior to the Final Rated Distribution Date.
The latest possible maturity date for the REMIC I Interests, the REMIC II Interests and the REMIC III Certificates shall be the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" of each REMIC II Regular Interest shall be the Final Rated Distribution Date.
Each Group X-Y REMIC I Regular Interest will have a Pass-Through Rate equal to the related Class X-Y Strip Rate, an initial notional amount equal to the Scheduled Principal Balance as of the Cut-Off Date of the Specially Designated Co-op Loan to which such Group X-Y REMIC I Regular Interest relates, and a latest possible maturity date set to the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1 (a)(4)(iii), the "latest possible maturity date" for each REMIC I Regular Interest shall be the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1 (a)(4)(iii), the "latest possible maturity date" of each Class of REMIC III Regular Certificates shall be the Final Rated Distribution Date.
Each Group X-Y REMIC I Regular Interest will have a Pass-Through Rate equal to the Class X-Y Strip Rate, an initial notional amount equal to the Scheduled Principal Balance as of the Cut-Off Date of the Specially Designated Co-op Loan to which such Group X-Y REMIC I Regular Interest relates, and a latest possible maturity date set to the Final Rated Distribution Date.
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 8.31(a) and in any event prior to the Final Rated Distribution Date.
The Special Servicer may either foreclose or elect to grant up to three one-year extensions on any such Mortgage Loan that is a Specially Serviced Mortgage Loan; provided, however, that no such extension may extend the final Maturity Date beyond (a) the date that is two years prior to the Final Rated Distribution Date or (b) the date that is ten years prior to the expiration of any related ground lease.