Principal Determination Date has the same meaning as in the Administration Agreement.
Principal Determination Date has the meaning in Condition 5(a); "Principal Ledger" means the ledger so referred to in Clause 6.1.1;
Principal Determination Date. The date of each month on which the Outstanding Mortgage Asset Amount of a Mortgage Asset Group is determined so that its Asset Value can be computed. With respect to the Multi-Class Certificates, the Principal Determination Date is the first day of each month.
Examples of Principal Determination Date in a sentence
PML as Administrator, shall on behalf of the Issuer prepare a management account for each Collection Period, the first such accounts being for the period from the Closing Date to the Principal Determination Date falling in July 2018 in the form of the agreed draft, and PML as Administrator shall deliver such quarterly management account to the Issuer not later than the first day of the second month of the next following Collection Period.
More Definitions of Principal Determination Date
Principal Determination Date. With respect to an accounting pursuant to Section 12.09, for all Mortgage Collateral (other than Fredxxx Xxx Certificates) the first day of the month for which the accounting is given. For Fredxxx Xxx Certificates the Principal Determination Date shall be the first day of the month preceding the month for which the accounting is given. The initial Principal Determination Date for a Series shall be the date or dates specified in the related Series Supplement.
Principal Determination Date. With respect to an accounting pursuant to Section 7.07, the first day of the month for which the accounting is given.
Principal Determination Date has the meaning in Class A Condition 5(a), whether or not there are any Class A Notes outstanding;
Principal Determination Date has the meaning in Condition 5(a);
Principal Determination Date in relation to an Interest Payment Date, means the last Business Day of the month preceding that in which such Interest Payment Date falls.
Principal Determination Date means the date on which the Certificate of Completion (Exhibit C) is delivered in accordance with Section 3.02 of the Lease.