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 (and includes) the Cut-off Date and ends on (and includes) 31 July 2010.
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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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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.

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

  • Savings Insurance Participation Fraction means, on any Mortgage Calculation Date, in respect of any Participation- Linked Mortgage Receivable, an amount equal to the relevant Savings Insurance Participation on the first calendar day of the immediately preceding Mortgage Calculation Period divided by the Outstanding Principal Amount in respect of such Participation-Linked Mortgage Receivable on the first calendar day of the immediately preceding Mortgage Calculation Period.

  • For a detailed overview of column generation algorithms, the interested reader is referred to Lu¨bbecke and Desrosiers (2005).

  • The relevant Seller (or a third party on its behalf) 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 Mortgage Receivables Purchase Agreement will provide that the Issuer will on each Purchase Date (a) prior to the First Optional Redemption Date, purchase from the Seller any Further Advance Receivables resulting from Further Advances and/or any Mover Mortgage Receivables resulting from Mover Mortgage Loans granted by the Seller in the preceding Mortgage Calculation Period and (b) prior to the Substitution Period End Date, purchase from the Seller any New Mortgage Receivables.

  • Each Seller will pay or procure that the relevant Collection Foundation will pay to the Issuer on each Mortgage Payment Date all proceeds received during the immediately preceding Mortgage Calculation Period in respect of the Relevant Mortgage Receivables.

  • On each Mortgage Payment Date (being the l2th day of each calendar month or if this is not a business day the next succeeding business day) the MPA Provider shall transfer all amounts of principal, interest, prepayment penalties and interest penalties received by Delta Lloyd Life in respect of the Mortgage Loans during the immediately preceding Mortgage Calculation Period (defined below) to the Issuer Collection Account.

  • The relevant Seller (or a third party on its behalf) will pay to the Issuer on each Mortgage Payment Date all proceeds received during the immediately preceding Mortgage Calculation Period in respect of the NHG Mortgage Receivables.

  • Pursuant to the Trust Deed, in case the Issuer Administrator does not receive a Mortgage Report from the Servicer with respect to a Mortgage Calculation Period, the Issuer (or the Issuer Administrator on its behalf) shall have the right to calculate and determine the Available Revenue Funds, the Available Principal Funds and all amounts payable under the Transaction Documents using the three (3) most recent Mortgage Reports available in accordance with the Administration Agreement.


More Definitions of Mortgage Calculation Period

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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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) 31 May 2008.(d) Determination of the Principal Redemption Amount, the Redemption Available Amount, the Further Redemption Amount, the Further Redemption Available Amount and 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 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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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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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;

  • The calculation date means the first date on which the purchasers of ordinary shares of the Company shall not be granted the rights to receive the dividend payment (the first date that the SET posts XD sign).

  • 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.

  • Total Monthly Excess Spread As to any Distribution Date, an amount equal to the excess if any, of (i) the interest on the Mortgage Loans received by the Servicer on or prior to the related Determination Date or advanced by the Servicer for the related Remittance Date (net of Expense Fees) over (ii) the sum of the amounts payable to the Certificates pursuant to Section 4.02(a)(i) on such Distribution Date.

  • Reconciliation Period is each calendar month.

  • 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.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • 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;

  • Applicable Monthly Payment For any Mortgage Loan (including an Outside Serviced Mortgage Loan) with respect to any month (including any such Mortgage Loan as to which the related Mortgaged Property has become an REO Property), the Monthly Payment; provided, however, that for purposes of calculating the amount of any P&I Advance required to be made by the Master Servicer or the Trustee, notwithstanding the amount of such Applicable Monthly Payment, interest shall be calculated at the Mortgage Rate less the Servicing Fee Rate and, if applicable, shall be exclusive of Excess Interest; and provided, further, that for purposes of determining the amount of any P&I Advance, the Monthly Payment shall be as reduced pursuant to any modification of a Mortgage Loan pursuant to Section 3.24 of this Agreement or pursuant to the applicable Outside Servicing Agreement, or pursuant to any bankruptcy, insolvency, or other similar proceeding involving the related Mortgagor.

  • 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.

  • Interest Calculation Date if applicable, shall have the meaning set forth in the Series Term Sheet.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • 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.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • 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”.