Initial Repurchase Date means the date on which a repurchase by HUD is effected (and the Repurchase Price paid) pursuant to Section 3.05(a).
Initial Repurchase Date means, for each Capital Commitment, the last calendar day of the first calendar quarter that occurs after the expiration of the Lock-Up Period in respect of such Capital Commitment.
Initial Repurchase Date means July 1, 2004.
Examples of Initial Repurchase Date in a sentence
To the extent that an alleged breach is curable by the payment of money and the amount of such payment, had it been made by Purchaser prior to the Initial Repurchase Date, would have been includable (but was not included) as an advance when calculating the Repurchase Price, such amount shall be paid by HUD (without reimbursement from Purchaser).
Notice of a breach of a representation or warranty made by Purchaser in Section 3.05(b) with respect to a repurchased Mortgage Loan must be made, in writing and delivered to Purchaser, within three (3) months after the Initial Repurchase Date for such Mortgage Loan.
More Definitions of Initial Repurchase Date
Initial Repurchase Date has the meaning assigned thereto in Section 3(e) hereof.
Initial Repurchase Date means the earlier to occur of (a) the closing date for the Structured Asset Mortgage Investments II, Trust, Mortgage-Backed Pass-Through Certificates to be issued after the Amendment Effective Date or such other securitization of Purchased Mortgage Loans subsequent to the Amendment Effective Date and (b) July 31, 2004.”
Initial Repurchase Date means, (i) in respect of the Notes, the "Initial Repurchase Date" set forth in the Note Purchase Agreement, and (ii) in respect of Other Pari Passu Debt that is subject to mandatory repurchase or redemption prior to its stated maturity date at the option of the holders thereof, the first date on which such option may be exercised.