Examples of Refinancing Loan Amount in a sentence
For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Closing Date, Seller shall not be required to designate residential mortgage loans as replacement Mortgage Loans pursuant to Section 3.01 in an aggregate principal amount up to the Maximum Retained Refinancing Loan Amount.
For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Closing Date and subject to Section 4.04 hereof, Seller’s Future Excess Servicing Spread Assignment Obligation shall be reduced by the Maximum Retained Refinancing Loan Amount for such Assignment Date.
For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Sale Date and subject to Section 4.04 hereof, Seller’s Future Excess Servicing Spread Assignment Obligation shall be reduced by the Maximum Retained Refinancing Loan Amount for such Assignment Date.
For any Replacement Date beginning with the Replacement Date in June 2012, Seller shall not be required to substitute Replacement Mortgage Loans for Refinanced Mortgage Loans in an aggregate principal amount up to the Maximum Retained Refinancing Loan Amount.
For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Initial Applicable Subsequent Sale Date and subject to Section 4.04 hereof, Seller’s Future Excess Servicing Spread Assignment Obligation shall be reduced by the Maximum Retained Refinancing Loan Amount for such Assignment Date.
For any Assignment Date beginning with the Assignment Date in the sixth calendar month after the Closing Date and subject to Section 3.04, Seller’s Future Excess Servicing Spread Assignment Obligation shall be reduced by the Maximum Retained Refinancing Loan Amount for such Assignment Date.
The provisions of this paragraph shall also apply in respect of a Refinancing Loan which, for either of the reasons set forth above, does not provide proceeds sufficient to discharge the then-existing Mortgage, provided that the aggregate amount of all Mortgages at any one time outstanding in such circumstances shall not exceed the Refinancing Loan Amount.