Remittance Date definition

Remittance Date. With respect to each Distribution Date, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of the month in which such Distribution Date occurs.

Remittance Date. As defined in each of the Servicing Agreements.

Remittance Date. The remittance date shall be the 18th day of each calendar month (or if such 18th day is not a Business Day, the first Business Day immediately following).

Examples of Remittance Date in a sentence

• Such interest shall be remitted along with the distribution payable on the next succeeding Remittance Date.

• Any amounts held for future distribution and so used shall be replaced by the Servicer by deposit in the Custodial Account on or before any future Remittance Date if funds in the Custodial Account on such Remittance Date shall be less than remittances to the Master Servicer required to be made on such Remittance Date.

• In the event that the Custodial Account is interest bearing, on each Remittance Date, the Company shall withdraw all funds from the Custodial Account except for those amounts which, pursuant to Section 5.01, the Company is not obligated to remit on such Remittance Date.

• The Servicer shall make monthly distributions on each Remittance Date to the Master Servicer of the net cash flow from the REO Property (which shall equal the revenues from such REO Property net of the expenses described in this Section 3.16 and of any reserves reasonably required from time to time to be maintained to satisfy anticipated liabilities for such expenses).

• Together with the statement furnished pursuant to Section 5.02, the Company shall furnish to the Purchaser on or before the Remittance Date each month a statement with respect to any REO Property covering the operation of such REO Property for the previous month and the Company's efforts in connection with the sale of such REO Property and any rental of such REO Property incidental to the sale thereof for the previous month.

More Definitions of Remittance Date

Remittance Date. The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following, except with respect to those Mortgage Loans subject to a Securitization Transaction in which case such date shall be the Business Day immediately preceding the 18th day) of any month.

Remittance Date. As to any Distribution Date, by 2:00 p.m. Eastern time on the Business Day immediately preceding such Distribution Date.

Remittance Date. The date specified in the Interim Servicing Agreement (with respect to each Mortgage Loan, as specified therein).

Remittance Date means the 15th day of each month, or if such day is not a Business Day, the next succeeding Business Day.

Remittance Date shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement.

Remittance Date. With respect to any Distribution Date, the second Business Day immediately preceding such Distribution Date.

Remittance Date. With respect to each Mortgage Loan: the eighteenth (18th) day of any month, beginning with the eighteenth (18th) day of the month next following the month in which the related Cut-off Date occurs, or if such eighteenth (18th) day is not a Business Day, the first Business Day immediately following such day.