MTA Determination Date definition

MTA Determination Date. For each Interest Accrual Period, fifteen days prior to the commencement of that Interest Accrual Period.
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MTA Determination Date. The fifteenth day immediately prior the commencement of each Accrual Period for the MTA Certificates.
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MTA Determination Date. With respect to each Class of MTA Certificates and (i) the first Accrual Period, the fifteenth Business Day preceding the Closing Date, and (ii) with respect to each Accrual Period thereafter, the fifteenth Business Day preceding the date on which such Accrual Period commences.
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Examples of MTA Determination Date in a sentence

  • Promptly following each MTA Determination Date the Trustee shall supply the Master Servicer with the results of its determination of MTA on such date.

  • The MTA used for each Interest Accrual Period will be the most recent MTA figure available as of the related MTA Determination Date.

  • After a MTA Determination Date, the Trust Administrator shall provide the Pass-Through Rates of the MTA Certificates for the related Distribution Date to Certificate Owners or Holders of MTA Certificates who place a telephone call to the Trust Administrator at (000) 000-0000 and make a request therefor.

  • If on any MTA Determination Date for a Class of MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, MTA for the applicable Distribution Date will be whichever is higher of (x) MTA as determined on the previous MTA Determination Date for such Class of MTA Certificates or (y) the Reserve Interest Rate.

  • On each MTA Determination Date for a Class of MTA Certificates, the Trust Administrator shall determine MTA for the applicable Distribution Date on the basis of the twelve-month average yields on United States Treasury securities adjusted to a constant maturity of one year, as published by the Federal Reserve Board in Statistical Release H.15(519).

  • If on any MTA Determination Date for a Class of MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, the Trust Administrator will choose a new index for the MTA certificates that is based on comparable information.

  • On the first MTA Determination Date, MTA for any Class of MTA Certificates shall be equal to the Initial MTA Rate, and on each MTA Determination Date thereafter for any Class of MTA Certificates, the Trust Administrator shall determine MTA for the applicable Distribution Date on the basis of the twelve-month average yields on United States Treasury securities adjusted to a constant maturity of one year, as published by the Federal Reserve Board in Statistical Release H.15(519).

  • If on any MTA Determination Date for a Class of MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, the Trust Administrator will choose a new index for the MTA Certificates that is based on comparable information.

  • If on any MTA Determination Date for a Class of Group I MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, the Trust Administrator will choose a new index for the Group I MTA Certificates that is based on comparable information.

  • If on any MTA Determination Date for a Class of Group I MTA Certificates, the Trust Administrator is unable to determine MTA on the basis of the method set forth in the preceding paragraph, MTA for the applicable Distribution Date will be whichever is higher of (x) MTA as determined on the previous MTA Determination Date for such Class of Group I MTA Certificates or (y) the Reserve Interest Rate.


More Definitions of MTA Determination Date

MTA Determination Date. The MTA used for each Accrual Period will be the most recent MTA figure available as of fifteen days prior to the commencement of that Accrual Period
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MTA Determination Date. As to any Distribution Date and the Class A-1 Certificates, the fifteenth calendar day prior to the beginning of the applicable Interest Accrual Period for such Class and such Distribution Date.
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MTA Determination Date. For each Interest Accrual Period, fifteen days prior to the commencement of that Interest Accrual Period. Net Deferred Interest: On any Distribution Date, Deferred Interest on the Mortgage Loans during the related Due Period net of Principal Prepayments in full, partial Principal Prepayments, Liquidation Proceeds and amounts received pursuant to Section 2.04 and 4.07, in that order, included in the Available Distribution Amount for such Distribution Date and available to make principal distributions on the Certificates on that Distribution Date.
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MTA Determination Date. For each Interest Accrual Period, fifteen days prior to the commencement of that Interest Accrual Period. MTA Floaters Net Rate Cap: With respect to the Class I-A Certificates and Class II-A Certificates and any Distribution Date, (i) the lesser of the Net WAC Rate and the Available Funds Rate minus (ii) an amount equal to (1) the aggregate amount of Accrued Certificate Interest payable on the Class X Certificates for such Distribution Date multiplied by 12, divided by (2) the aggregate Stated Principal Balance of the Mortgage Loans immediately prior to such Distribution Date.
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Related to MTA Determination Date

  • SOFR Determination Date has the meaning specified in the definition of “Daily Simple SOFR”.

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Reset Determination Date means, in respect of the First Reset Period, the second Business Day prior to the First Reset Date and, in respect of each Subsequent Reset Period thereafter, the second Business Day prior to the first day of each such Subsequent Reset Period;

  • Interest Determination Date means, with respect to a Rate of Interest and Interest Accrual Period, the date specified as such hereon or, if none is so specified, (i) the first day of such Interest Accrual Period if the Specified Currency is Sterling or (ii) the day falling two Business Days in London for the Specified Currency prior to the first day of such Interest Accrual Period if the Specified Currency is neither Sterling nor euro or (iii) the day falling two TARGET Business Days prior to the first day of such Interest Accrual Period if the Specified Currency is euro.

  • Payment Determination Date means, with respect to any Payment Date, one (1) Business Day immediately preceding such Payment Date.

  • Extension Determination Date means, in respect of a Series of Covered Bonds, the date falling two Business Days after the expiry of seven days from (and including) the Final Maturity Date of such Covered Bonds.

  • LIBOR Determination Date With respect to any Interest Accrual Period for the LIBOR Certificates, the second London Business Day preceding the commencement of such Interest Accrual Period.

  • SOFR Determination Time means 3:00 p.m. (New York time) on the U.S. Government Securities Business Day, at which time Compounded SOFR is published on the FRBNY’s Website.

  • Spread Determination Date means, for the reset rate notes, any time after the Notice Date but no later than 3:00 p.m., New York City time, on the third business day prior to the related reset date.

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Final Determination Date means the following:

  • SOFR Interest Determination Date means the day that is the number of U.S. Government Securities Business Days prior to the Interest Payment Date in respect of the relevant Interest Period, as specified in the applicable Pricing Supplement.In addition to the Interest Periods and the Interest Payment Dates, the applicable Pricing Supplement shall specify and describe, as applicable, any relevant interest commencement date, interest period end date, interest determination date, index maturity, rate cut-off date, any other terms relating to the particular method of calculating interest on the Average SOFR Note (including any applicable payment delay, lockout or suspension period, lookback or observation shift) and any other terms applicable specifically to such Average SOFR Note.Term SOFR NotesUnless otherwise provided for or modified in the applicable Pricing Supplement, Term SOFR Notes will bear interest at a rate per annum equal to Term SOFR (as defined below) (or Specified-Tenor Term SOFR (as defined below)), plus the Spread.

  • 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.

  • Rate Determination Date means two (2) Business Days prior to the commencement of such Interest Period (or such other day as is generally treated as the rate fixing day by market practice in such interbank market, as determined by the Administrative Agent; provided that to the extent such market practice is not administratively feasible for the Administrative Agent, such other day as otherwise reasonably determined by the Administrative Agent).

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Reset Interest Determination Date means, with respect to a Reset Period, the day falling two Business Days prior to the Reset Date on which such Reset Period commences;

  • Pricing Rate Determination Date means with respect to any Pricing Rate Period with respect to any Transaction, the second (2nd) Business Day preceding the first day of such Pricing Rate Period.

  • Interest Rate Determination Date means, with respect to any Interest Period, the date that is two (2) Business Days prior to the first day of such Interest Period.

  • Term SOFR Determination Day has the meaning assigned to it under the definition of Term SOFR Reference Rate.

  • Reset Dividend Determination Date means, in respect of any Reset Period, the day falling three Business Days prior to the beginning of such Reset Period.

  • LIBOR Interest Determination Date means the second LIBOR Business Day preceding each LIBOR Rate Reset Date.

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

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

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

  • Dividend Determination Date means, for the purposes of the definition of “Dividend”, the date on which the number of Ordinary Shares or, as the case may be, amount of other property or assets, which may be issued or delivered is, or is capable of being, determined, and where determined by reference to prices or values or the like on or during a particular day or during a particular period, the Dividend Determination Date shall be deemed to be such day or the last day of such period, as the case may be;