First Remittance Date definition

First Remittance Date. With respect to each Mortgage Loan Package, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the calendar month immediately following the Closing Date; provided, however, if the Servicing Transfer Date is not one (1) or more Business Days prior to the first day of such calendar month, such date will be the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day) of the next succeeding calendar month.

First Remittance Date. With respect to each Mortgage Loan, the 18th day of the month following the month in which the related Closing Date occurs, or if such 18th day is not a Business Day, the first Business Day immediately following such 18th day. Fitch: Fitch IBCA, Inc. or any successor thereto.

First Remittance Date. The eighteenth (18th) day of the month following each respective Closing Date, or if such day is not a Business Day, the first Business Day immediately thereafter.

Examples of First Remittance Date in a sentence

• The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month, beginning with the First Remittance Date.

• The 18th day of any month, beginning with the First Remittance Date, or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day.

• The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately preceding) of any month, beginning with the First Remittance Date.

• The eighteenth (18th) day of any month, beginning with the First Remittance Date, or if such eighteenth (18th) day is not a Business Day, the first Business Day immediately following.

• The 18th calendar day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month, beginning with the First Remittance Date.

More Definitions of First Remittance Date

First Remittance Date. With respect to each Mortgage Loan, the 18th day (or if such day is not a Business Day, the immediately preceding Business Day) of the month following the month in which the related Cut-off Date occurs, or such other day of the month as may be specified in the related Acknowledgement Agreement.

First Remittance Date. With respect to any Mortgage Loan, the Remittance Date occurring in the month following the month in which the related Closing Date occurs. GAAP: Generally accepted accounting principles, consistently applied. HUD: The United States Department of Housing and Urban Development or any successor thereto. Index: With respect to any adjustable rate Mortgage Loan, the index identified on the Mortgage Loan Schedule and set forth in the related Mortgage Note for the purpose of calculating the interest rate thereon.

First Remittance Date. With respect to each Mortgage Loan, the 18th day of the month following the month in which the related Cut-off Date occurs, or if such 18th day is not a Business Day, the first Business Day immediately following such 18th day. Xxxxxxx Mac: Xxxxxxx Mac, or any successor thereto.

First Remittance Date. With respect to each Closing Date, the Remittance Date occurring in the calendar month immediately following the month in which such Closing Date occurs. FNMA: Federal National Mortgage Association, and its successors.

First Remittance Date. June 18th, 2007.

First Remittance Date. Denomination: $___________ June 16, 0000 Xxxxxxxxx Xxxxxxxxxxxx of All Class M-1 Certificates: Servicer: $_____________ Green Tree Financial Corporation Maturity Date: April 15, 2029 (or if such day is not a Business Day, then the next succeeding Business Day) CUSIP: 393505 _____

First Remittance Date. With respect to each Closing Date, the Remittance Date occurring in the calendar month immediately following the month in which such Closing Date occurs.