Mortgage Calculation Period definition

Mortgage Calculation Period. ’ means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar month.
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Mortgage Calculation Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar month, except for the first Mortgage Calculation Period which will commence on the Cut-Off Date and end on and include the last day of May 2009.
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Mortgage Calculation Period means the period commencing on (and including) the sixth day of each calendar month and ending on (and including) the fifth day of the following calendar month.
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Examples of Mortgage Calculation Period in a sentence

  • The Originator and the Seller have undertaken in the Mortgage Receivables Purchase Agreement to transfer or procure transfer of any amounts received during the immediately preceding Mortgage Calculation Period in respect of the Mortgage Receivables to the Issuer Collection Account.

  • Each Seller will pay to the Issuer on each Mortgage Payment Date all proceeds received during the immediately preceding Mortgage Calculation Period in respect of the Mortgage Receivables.

  • The Seller has undertaken in the Mortgage Receivables Purchase Agreement to pay on each Mortgage Payment Date to the Issuer any amounts received in respect of the Quion Mortgage Receivables during the immediately preceding Mortgage Calculation Period.

  • Repayment of Principal: On each Monthly Payment Date prior to a Trigger Event orthe delivery of an Enforcement Notice or Asset Purchaser Enforcement Notice, the Asset Purchaser is obliged to pay all principal receipts received by it on the Mortgage Receivables to the Issuer as repayment of principal under the IC Loans up to the Asset Purchaser Pass-through Payable Amount calculated in respect of the preceding Mortgage Calculation Period.

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  • Except for Bancorp Capital Trust I, Bancorp owns directly or indirectly all of the issued and outstanding shares of capital stock of each of the Bancorp Subsidiaries.

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  • On each Mortgage Collection Payment Date the Seller or the Servicer on its behalf, in accordance with the Servicing Agreement, shall transfer all amounts of principal, interest, prepayment penalties and interestpenalties received in respect of the Mortgage Receivables during the immediately preceding Mortgage Calculation Period from the Seller Collection Account to the Issuer Collection Account.

  • Mortgage Calculation Period shall mean the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar month except for the first mortgage calculation period, which commences on (and includes) the Initial Cut-Off Date and ends on (and includes) the last day of May 2018.

  • First Mortgage Calculation Period Commencing on (and including) [ ] 20[ ] andending on (and including) [ ] 20[ ] 41.


More Definitions of Mortgage Calculation Period

Mortgage Calculation Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar month, except for the first Mortgage Calculation Period which will commence on (and includes) the Cut-off Date and ends on (and includes) 30 September 2006. (d) Determination of the Principal Redemption Amount, the Redemption Available Amount and the Principal Amount Outstanding
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Mortgage Calculation Period has, in respect of an SPV, the meaning ascribed thereto in the relevant Master Definitions Agreement or if not defined as such, means the period in respect of which the amounts due to a relevant SPV under the SPV Mortgage Receivables are calculated; "Mortgage Loan Origination and Receivables Transfer and Servicing Agreement" means the mortgage loan origination and receivables transfer and servicing agreement entered into by Achmea and XX XX on 2 February 2016;
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Mortgage Calculation Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar month except for the first Mortgage Calculation Period which commenced on (and included) the Cut- off Date and ended on (and included) 31 May 2008.
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Mortgage Calculation Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of such calendar monthexcept for the first Mortgage Calculation Period which will commence on (and includes) the Cut-off Date and ends on (and includes) 30 April 2007.
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Mortgage Calculation Period means the period commencing on (and including) the first day of each calendar month and ending on (and including) the last day of the same calendar month, except for the first Mortgage Calculation Period which has commenced on 1 July 2006 and has ended on the last day of 31 July 2006.
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Mortgage Calculation Period. ’ means the period commencing on (and including) the 6th day of each calendar month and ending on (and including) the 5th day of the following calendar month except for the first Mortgage Calculation Period which will commence on (and include), 1 December 2003 and end on (and include) 5 January 2004.
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Related to Mortgage Calculation Period

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Rate Calculation Date means the day which is two Rate Calculation Business Days before the due date of the relevant amount under these Conditions;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Proration Month means the month for which capacity is to be allocated under Item 7.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Determination Date With respect to any Distribution Date, the 15th day of the month of such Distribution Date or, if such 15th day is not a Business Day, the immediately preceding Business Day.

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Fixed Rate Calculation Date means, for any Subsequent Fixed Rate Period, the 30th day prior to the first day of such Subsequent Fixed Rate Period.

  • Rate Calculation Business Day means a day (other than a Saturday or Sunday) on which commercial banks are open for general business (including dealings in foreign exchange) in Hong Kong and New York City;

  • Planning Period Balance means the entire period of time remaining in the Planning Period following the month that a monthly auction is conducted.

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Three-Month Secondary CD Rate means, for any day, the secondary market rate for three-month certificates of deposit reported as being in effect on such day (or, if such day is not a Business Day, the next preceding Business Day) by the Board through the public information telephone line of the Federal Reserve Bank of New York (which rate will, under the current practices of the Board, be published in Federal Reserve Statistical Release H.15(519) during the week following such day) or, if such rate is not so reported on such day or such next preceding Business Day, the average of the secondary market quotations for three-month certificates of deposit of major money center banks in New York City received at approximately 10:00 a.m., New York City time, on such day (or, if such day is not a Business Day, on the next preceding Business Day) by the Administrative Agent from three negotiable certificate of deposit dealers of recognized standing selected by it.

  • Adjustment Date As to each Adjustable Rate Mortgage Loan, each date on which the related Mortgage Rate is subject to adjustment, as provided in the related Mortgage Note.

  • Periodic Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.