Initial Sale Date definition

Initial Sale Date. The date the Mortgage Loan was purchased by the Sponsor from the Mortgage Loan Seller under the Master MLPSA.

Initial Sale Date. The date on which the Mortgage Loan was sold by the Transferor to the Bank, as specified in the Mortgage Loan Schedule. Insurance Fee Rate: Not applicable.

Initial Sale Date means the Series Issuance Date for the first Series of Environmental Control Bonds.

Examples of Initial Sale Date in a sentence

• Notwithstanding anything to the contrary in this Agreement, at any time following the Initial Sale Date, but not later than the Put End Date (as defined below), NSFB may, upon written notice delivered to the City (the ―Put Notice‖), at any time, in NSFB’s sole and absolute discretion, for any reason or no reason, elect to have the City purchase the Property from NSFB for the Put Purchase Price (as defined below).

• NSFB agrees, for the benefit of the City, that during the period (the ―Lease Covenant Period‖) commencing on the Initial Sale Date (as defined below) and ending on the Lease Covenant End Date (as defined below), NSFB will not unilaterally terminate the IKEA Lease without the consent of the City (in the City’s sole and absolute discretion), unless there is a default by IKEA under the IKEA Lease (the ―Lease Covenant‖).

• NSFB’s ability to deliver the Put Notice hereunder shall expire on the date (the ―Put End Date‖) that is the earlier to occur of (a) the date NSFB acquires IKEA’s right, title and interest in and to the IKEA Lease, or (b) the ten (10) year anniversary of the Initial Sale Date.

• On the Initial Sale Date and each True-Up Date, as consideration for conveyance of the Initial Receivables to the Company on the Initial Sale Date or the Additional Receivables during the related True-Up Period, respectively, the Company shall pay to the Seller consideration equal to the Cash Purchase Price for the Purchased Receivables in an amount no greater than the amount of funds available to the Company therefor on such Sale Date under the terms of the Receivables Loan Agreement.

• The Originator’s representation to the Issuer and the Trustee on the Initial Sale Date that the Assets comprised in the Initial Asset Portfolio comply with the Eligibility Criteria will be made in respect of such Assets as well.

More Definitions of Initial Sale Date

Initial Sale Date means the date on which Purchaser or any of its Affiliates (or any of their licensees or sublicensees) books its first sale of the Product to an unaffiliated third-party. Purchaser shall provide written notice of the Initial Sale Date to Reliant within five (5) Business Days thereof.

Initial Sale Date means, as to any New Originator, the initial date on which such New Originator sells Receivables to the Seller under the Sale Agreement.

Initial Sale Date means August 31, 2006.

Initial Sale Date. The date the Mortgage Loan was purchased by the Sponsor from the Originator under the Seller’s Warranties and Servicing Agreement.

Initial Sale Date. The first Sale Date relating to an Investor occurring pursuant to the terms of this Agreement.

Initial Sale Date means the date of the close of escrow of the first Lot in the Initial Property to a Resident Owner. Section 1.25 "Institutional Mortgagee" shall mean a First Mortgagee which is a bank, savings and loan association, established. mortgage company, or other entity chartered under 070802\8587958x5 5 federal or state laws, any corporation or insurance company, any federal or state agency, or any other institution regulated by federal or state law. Section 1.26 "Lot" shall mean a lot shown on any final map filed for record or a parcel shown on any parcel map filed for record to the extent such lots or parcels are part of the Project, and any improvements thereon. . Section 1.27 "Management Documents" shall mean the Articles of Incorporation, Bylaws, Declaration, the Rules and Regulations, and any amendments, modifications and/or supplements to any of the foregoing. Section 1.28 "Manager" shall mean the managing agent, if any, whether individual or corporate, retained by Declarant, or by the Board, under contract, and charged with the maintenance and upkeep of the Project. Section 1.29 "Member" shall mean every Person qualifying for membership pursuant to ARTICLE I1 of this Declaration, including Declarant so long as any such Person qualifies for membership pursuant to said Article. Section 1.30 "Mortgage" shall mean any duly recorded mortgage or deed of trust encumbering a Lot. A "First Mortgage" shall.refer to a Mortgage which has priority over all other Mortgages encumbering a specific Lot. Section 1.31 "Mortgagee" shall mean the mortgagee or beneficiary under any Mortgage. A "First Mortgagee" shall mean the holder of a First Mortgage. Section 1.32 "Owner" shall mean one or more Persons who are alone or collectively the record owner of fee simple title to a Lot, including Declarant or the vendee under an installment land sales contract, but excluding those having any such interest merely as security for the performance of an obligation. If a Lot is leased by Declarant for a term in excess of twenty (20) years and the lease or memorandum thereof is recorded, the lessee or transferee of the leasehold interest and not the Declarant shall be deemed to be the Owner. If fee title to a Lot is owned other than by Declarant, the Owner of the fee title and not the lessee of such Lot shall be deemed the Owner regardless of the term of the lease. Section 1.33 "Perimeter Wall" shall mean the perimeter walls or fences located on the perimeter of the Property and adjacent to...

Initial Sale Date means the first date on which Receivables are sold or contributed by the Seller to the Company pursuant to this Agreement.