Fraud Loss Coverage Termination Date definition

Fraud Loss Coverage Termination Date. The point in time at which the Fraud Loss Coverage Amount is reduced to zero.
Fraud Loss Coverage Termination Date. Not applicable.
Fraud Loss Coverage Termination Date. The point in time at which the Fraud Loss Coverage Amount is reduced to zero. Index: With respect to any Interest Accrual Period for the COFI Certificates, the then-applicable index used by the Trustee pursuant to Section 4.07 to determine the applicable Pass-Through Rate for such Interest Accrual Period for the COFI Certificates.

Examples of Fraud Loss Coverage Termination Date in a sentence

  • Fraud Loss Coverage Termination Date: The date on which the Fraud Loss Coverage Amount is reduced to zero.


More Definitions of Fraud Loss Coverage Termination Date

Fraud Loss Coverage Termination Date. The date on which the Fraud Loss Coverage Amount is reduced to zero. FTBNA: First Tennessee Bank National Association, a national banking association.
Fraud Loss Coverage Termination Date. With respect to any relevant Series of Bonds, the earlier of (a) the Payment Date on which the amount of Fraud Losses incurred on the mortgage loans underlying the Conventional Certificates securing such Series of Bonds and not previously deducted from the Fraud Loss Amount relative to such Series of Bonds, equals or exceeds the Fraud Loss Amount on such Payment Date, and (b) the Cross-over Date relative to such Series of Bonds.
Fraud Loss Coverage Termination Date. The Group I Fraud Loss Coverage Termination Date or the Group II Fraud Loss Coverage Termination Date.
Fraud Loss Coverage Termination Date. The date on which the Fraud Loss Coverage Amount is reduced to zero. Index: LIBOR.
Fraud Loss Coverage Termination Date. With respect to each of Loan Groups 1-4 and Loan Group 6, the point in time at which the applicable Fraud Loss Coverage Amount is reduced to zero.
Fraud Loss Coverage Termination Date. With respect to Aggregate Pool I or Aggregate Pool II, the point in time at which the related Fraud Loss Coverage Amount is reduced to zero.
Fraud Loss Coverage Termination Date. Fraud Losses," "Initial Bankruptcy Loss Coverage Amount," "Insolvency Proceeding," "Insured Amounts," Insured Payments," "Late Payment Rate," "Net Prepayment Interest Shortfall," "Order," "Original Applicable Credit Support Percentage," "Preference Amounts," "Premium Percentage," "Prepayment Interest Shortfall," "Prepayment Shift Percentage," "Priority Amount," "Priority Percentage," "Realized Loss," "Reimbursement Amount," "Relief Act," "Relief Act Reductions,' "Required Distributions," "Scheduled Principal Distribution Amount," "Senior Percentage," "Senior Prepayment Percentage," "Senior Principal Distribution Amount," "Senior Step Down Conditions," Special Hazard Coverage Termination Date," "Special Hazard Loss," "Special Hazard Loss Coverage Amount," "Subsequent Recoveries" and "Voting Rights" in Article I, and (b) Section 2.03, Section 2.04, Section 3.08, Xxxxxxx 0.00, Xxxxxxxx 0.00(x), (x), (x), (x) and (g), Section 4.04, Section 4.05, the second sentence of the second paragraph of Section 5.01, Section 7.01, Section 7.03, Section 9.01, Section 9.02, Section 10.01, Section 10.04, Section 10.09 and Section 10.14. Notwithstanding any contrary provision of this Agreement, the Trustee shall not consent to any amendment to this Agreement unless (i) it shall have first received an Opinion of Counsel, which opinion shall not be an expense of the Trustee or the Trust Fund, to the effect that such amendment will not cause the imposition of any tax on any REMIC created under this Agreement, the Certificateholders or the Class A-6 Insurer or cause any REMIC created hereunder to fail to qualify as a REMIC at any time that any Certificates are outstanding and (ii) because the Trust Fund is required to be a Qualifying Special Purpose Entity (as that term is defined in Statement of Financial Accounting Standards No. 140 ("SFAS 140"), in order for the Seller to continue to account for the transfer of the Mortgage Loans under this Agreement as a sale under SFAS 140, prior to the parties hereto entering into such an amendment, the Trustee shall receive an Officer's Certificate, which shall not be an expense of the Trustee or the Trust Fund, to the effect that such amendment would not "significantly change" (within the meaning of SFAS 140) the permitted activities of the Trust Fund so as to cause the Trust Fund to fail to qualify as a Qualifying Special Purpose Entity. Promptly after the execution of any amendment to this Agreement requiring the consent of Certificateh...