Related Security Distribution Due Date definition

Related Security Distribution Due Date. As to the Designated Funding Classes and any Distribution Date, the Security Distribution Due Date immediately following such Distribution Date.
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Related Security Distribution Due Date. As to any Distribution Date, the Security Distribution Due Date in the month of such Distribution Date.
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Related Security Distribution Due Date. As to the Group 1, 2, 4, 5 and 6 Certificates and any Distribution Date, the Security Distribution Due Date immediately following such Distribution Date.
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Examples of Related Security Distribution Due Date in a sentence

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Xxx shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Xxx shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Xxx shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Mae shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1 and Group 3 MBS and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Xxx shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1, Group 2, Group 6, Group 7 and Group 8 MBS and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Mae shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, Xxxxxx Xxx shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.


More Definitions of Related Security Distribution Due Date

Related Security Distribution Due Date. Not applicable.
Sample 1Sample 2Sample 3
Related Security Distribution Due Date. As to the Designated Funding Classes and any Distribution Date, the Security Distribution Due Date for the Class 2000-25-CH RCR Certificate immediately following such Distribution Date. REMIC: A “real estate mortgage investment conduit” within the meaning of Section 860D of the Code.
Sample 1
Related Security Distribution Due Date. As to the Group 3 Certificates and any Distribution Date, the Security Distribution Due Date immediately following such Distribution Date.
Sample 1
Related Security Distribution Due Date. As to the Group 1, Group 2, Group 6, Group 7 and Group 8 Certificates and any Distribution Date, the Security Distribution Due Date immediately following such Distribution Date.
Sample 1

Related to Related Security Distribution Due Date

  • Security Distribution Due Date The date upon which a particular Security Distribution is payable to the holder of the related Mortgage Security in accordance with its terms.

  • Security Distribution As to any Mortgage Security and Security Distribution Due Date, the amount of distribution payable to the holder of such Mortgage Security in accordance with its terms.

  • Subordinated Principal Distribution Amount As to any Distribution Date and Loan Group, the sum of the following with respect to each Loan Group: (i) the Subordinated Percentage of the applicable Non-PO Percentage of all amounts described in subclauses (a) through (d) of clause (i) of the definition of Non-PO Formula Principal Amount with respect to such Loan Group and such Distribution Date, (ii) with respect to any Mortgage Loan in the related Loan Group that became a Liquidated Mortgage Loan during the calendar month preceding the month of such Distribution Date, the amount of Liquidation Proceeds allocable to principal received with respect thereto remaining after application thereof pursuant to clause (ii) of the definition of Senior Principal Distribution Amount for that Loan Group, up to the Subordinated Percentage of the applicable Non-PO Percentage of the Stated Principal Balance of such Mortgage Loan, and (iii) the Subordinated Prepayment Percentage of the applicable Non-PO Percentage of the amounts described in subclause (f) of clause (i) of the definition of Non-PO Formula Principal Amount with respect to that Loan Group for such Distribution Date, reduced by the amount of any payments in respect of Class PO Deferred Amounts for such Distribution Date; provided, however, that on any Distribution Date after a Senior Termination Date, the Subordinated Principal Distribution Amount will not be calculated by Loan Group but will equal the amount calculated pursuant to the formula set forth above based on the applicable Subordinated Percentage and Subordinated Prepayment Percentage for the Subordinated Certificates for such Distribution Date with respect to all of the Mortgage Loans as opposed to the Mortgage Loans only in the related Loan Group.

  • Pool Distribution Amount As of any Distribution Date, the funds eligible for distribution to the Holders of the Certificates on such Distribution Date, which shall be the sum of (i) all previously undistributed payments or other receipts on account of principal and interest on or in respect of the Mortgage Loans (including, without limitation, the proceeds of any repurchase of a Mortgage Loan by the Seller and any Substitution Principal Amount) received by the Master Servicer with respect to the applicable Remittance Date in the month of such Distribution Date and any Unscheduled Principal Receipts received by the Master Servicer on or prior to the Business Day preceding such Distribution Date, (ii) all Periodic Advances made by a Servicer pursuant to the related Servicing Agreement or Periodic Advances made by the Master Servicer or the Trustee pursuant to Section 3.03 and (iii) all other amounts required to be placed in the Certificate Account by the Servicer on or before the applicable Remittance Date or by the Master Servicer or the Trustee on or prior to the Distribution Date, but excluding the following:

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Series A Distribution Payment Date has the meaning assigned to such term in Section 5.11(b)(i)(A).

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.

  • Class A-P Principal Distribution Amount As defined in Section 4.02.

  • Lower-Tier Distribution Amount As defined in Section 5.02(a).

  • Principal Distribution Amount For any Distribution Date, the sum of (i) the Basic Principal Distribution Amount for such Distribution Date and (ii) the Extra Principal Distribution Amount for such Distribution Date.

  • Lower Tier Principal Distribution Amount With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any.

  • Noteholders' Monthly Principal Distributable Amount means, with respect to any Distribution Date, the Noteholders' Percentage of the Principal Distributable Amount.

  • Unscheduled Principal Distribution Amount With respect to any Distribution Date, an amount equal to the aggregate of: (a) all Principal Prepayments received on the Mortgage Loans during the related Collection Period (or, in the case of the Outside Serviced Mortgage Loans, all Principal Prepayments received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date); and (b) any other collections (exclusive of payments by Mortgagors) received on the Mortgage Loans and, to the extent of the Trust’s interest therein, any REO Properties during the related Collection Period (or, in the case of an Outside Serviced Mortgage Loan or any interest in REO Property acquired with respect thereto, all such proceeds received during the period that renders them includable in the Aggregate Available Funds for such Distribution Date), whether in the form of Liquidation Proceeds, Insurance Proceeds, Condemnation proceeds, net income, rents, and REO Proceeds or otherwise, that were identified and applied by the Master Servicer (and/or, in the case of an Outside Serviced Mortgage Loan, the related Outside Servicer) as recoveries of previously unadvanced principal of the related Mortgage Loan.

  • Regular Principal Distribution Amount means, with respect to any Payment Date, an amount equal to (a) the excess, if any, of (i) the Note Balance as of such Payment Date (before giving effect to any principal payments made on the Notes on such Payment Date), over (ii) the excess, if any, of the Adjusted Pool Balance as of the end of the related Collection Period less the Overcollateralization Target Amount minus (b) the sum of the First Priority Principal Distribution Amount and the Second Priority Principal Distribution Amount for such Payment Date.

  • Distribution Event means any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary or involuntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy.

  • Calculated Principal Distribution As defined in Section 5.03(d).

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Class A-1 Final Distribution Date means the October 2024 Distribution Date.

  • Group I Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group I Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Class A Distribution Amount As to any Distribution Date and any Class of Class A Certificates (other than the Class A-PO Certificates), the amount distributable to such Class of Class A Certificates pursuant to Paragraphs first, second and third clause (A) of Section 4.01(a). As to any Distribution Date and the Class A-PO Certificates, the amount distributable to the Class A-PO Certificates pursuant to Paragraphs third clause (B) and fourth of Section 4.01(a) on such Distribution Date.

  • Class B-4 Distribution Amount As to any Distribution Date, any amount distributable to the Holders of the Class B-4 Certificates pursuant to Paragraphs fourteenth, fifteenth, and sixteenth of Section 4.01(a).

  • Group I Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group I Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group I Allocation Percentage.

  • Accrual Distribution Amount As to any Distribution Date prior to the applicable Accretion Termination Date and any Class of Accrual Certificates, an amount equal to the sum of (i) the Class A Interest Percentage of such Class of Accrual Certificates of the Current Class A Interest Distribution Amount and (ii) the Class A Interest Shortfall Percentage of such Class of Accrual Certificates of the amount distributed in respect of the Classes of Class A Certificates pursuant to Paragraph second of Section 4.01(a)(i) on such Distribution Date. As to any Distribution Date on or after the applicable Accretion Termination Date, zero.

  • REMIC IV Distribution Amount shall not cause a reduction in the Class Principal Balances of any of the Classes of REMIC IV Regular Interests; and

  • REMIC I Distribution Amount For any Distribution Date, the REMIC I Available Distribution Amount shall be distributed to the REMIC I Regular Interests and the Class R-1 Residual Interest in the following amounts and priority: