Initial DECS has the meaning provided in the recitals of this Agreement.
Initial DECS has the meaning provided in the recitals of this ------------ Agreement.
Initial Cut-Off Date With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) March 1, 2006. Initial Cut-off Date Pool Principal Balance: $517,241,872.77.
Initial Closing Date shall have the meaning assigned to such term in Section 1.2 hereof.
Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.
Initial Budget has the meaning set forth in Section 7.06(a).
Initial Xxxx of Sale means the document, in the form of Attachment B hereto, executed by an authorized officer of SLM ECFC which shall (i) set forth the applicable Initial Loans offered by SLM ECFC and accepted for purchase by the Interim Eligible Lender Trustee for the benefit of Funding, (ii) sell, assign and convey to the Interim Eligible Lender Trustee for the benefit of Funding and its assignees all rights, title and interest of SLM ECFC in the Initial Loans listed on that Xxxx of Sale and (iii) certify that the representations and warranties made by SLM ECFC as set forth in Sections 5 (A) and (B) of these Master Terms are true and correct.
Initial Date means the date of the closing of the Initial Offering of the Company.
Subsequent Closing Date means, with respect to each Subsequent Closing, the date on which such Subsequent Closing is deemed to have occurred.
Initial Closing shall have the meaning ascribed to such term in Section 2.1.
Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.
Additional Closing Date has the meaning set forth in Section 3.
Supplemental Declaration means any Declaration amending or supplementing this Declaration, which is adopted in accordance with Section 8.
Additional Cut-Off Date means, with respect to the Additional Accounts designated hereby, __________, ____.
Increased Facility Closing Date any Business Day designated as such in an Increased Facility Activation Notice.
Initial Transfer Date means the Series Issuance Date for the first Series of Securitization Bonds.
Initial Account has the meaning specified in the Transfer Agreement.
Series Cut-Off Date means the date designated as such in the Series Term Sheet.
Special declarant rights means rights reserved for the benefit of a declarant to:
Original Declaration of Trust shall have the meaning set forth in the recitals to this Declaration of Trust;
Subsequent Closing shall have the meaning ascribed to such term in Section 2.4.
Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.
Series Closing Date means the date designated as such in the Series Term Sheet.
Initial Date of Deposit means the date of this Reference Trust Agreement as set forth above.
Initial Subscription Term the initial term of Your Subscription as agreed in the Order which commences on the date of acceptance of the Order or as otherwise agreed to by the parties.
Initial Sale Time means 4:00 p.m. (Eastern time) on the date of this Underwriting Agreement.