Scheduled Repurchase Date definition

Scheduled Repurchase Date. With respect to each Mortgage Loan, the Business Day as set forth on the Funding Confirmation as the "Repurchase Date", by which a repurchase is required to occur, such date to be within five (5) Business Days after the Purchase Date with respect to a Wet Mortgage Loan unless such Mortgage Loan has become a Dry Mortgage Loan prior to such fifth Business Day, (ii) within five (5) Business Days after the Collateral Receipt Date with respect to a Dry Mortgage Loan or (iii) within five (5) Business Days after the Purchase Date with respect to a Dry Mortgage Loan for which the related Seller has provided Purchaser with an MBS Swap Funding Program Selection Notice, unless, in any case, such date has been accelerated in connection with either an Event of Default pursuant to Section 7(a), a Defective Mortgage Loan pursuant to Section 7(b) or a Margin Deficit pursuant to Section 7(h).

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Scheduled Repurchase Date. The number of days referenced in the definition of “Scheduled Repurchase Date” in Section 1 of the Agreement is ninety (90) days. No Undisclosed Liabilities: The amount of liabilities and Indebtedness referenced in Section 12.19 of the Agreement is Twenty-Five Thousand and No/100 Dollars ($25,000.00).

Scheduled Repurchase Date means, with respect to a Mortgage Loan, the earlier of (i) the date that is the number of days following the Acquisition Date specified in Annex 1, and (ii) the date of the expiration of the Takeout Commitment for such Mortgage Loan, subject to acceleration as provided in subsection 8.3(c).

Examples of Scheduled Repurchase Date in a sentence

• In connection with a Repurchase Date Acceleration (if any), an amount equal to the aggregate amount of Financing Fee Payments that would be payable to GS hereunder during the period from and including the date on which such Repurchase Date Acceleration occurs to but excluding the Scheduled Repurchase Date (determined as if the Floating Rate were equal to zero), discounted to present value, all as calculated by the Calculation Agent.

• The Notes shall be repurchased by the Issuer as of the Scheduled Repurchase Date, as the case may be, pursuant to the terms and conditions specified in the Indenture.

• Scheduled Repurchase Date For each Transaction, the Facility End Date.

• On each applicable Repurchase Date, the termination of such Transaction (or portion thereof) will be effected by transfer to Seller (or its agent) of the Purchased Assets against the payment of the Repurchase Price therefor to Agent; provided, however, that if such Repurchase Date is not a Scheduled Repurchase Date, the portion of such Repurchase Price equal to the Price Differential may be paid by Seller on the Scheduled Repurchase Date.

• Any repurchase by the Issuer contemplated pursuant to the provisions of this Section 5.01 shall be consummated by the delivery of the consideration to be received by the Holder promptly following the later of the Scheduled Repurchase Date and the time of delivery of the Note.

More Definitions of Scheduled Repurchase Date

Scheduled Repurchase Date shall have the meaning assigned thereto in Section 3(a) hereof.

Scheduled Repurchase Date. For a Mortgage Loan that is subject to a CL Commitment, the “Scheduled Repurchase Date” shall be the same date as the CL Funding Date.

Scheduled Repurchase Date has the meaning specified in Section 5.01.

Scheduled Repurchase Date. The number of days referenced in the definition of “Scheduled Repurchase Date” in Section 1 of the Agreement is ninety (90).

Scheduled Repurchase Date. “SEC” “Seller” “Seller’s Account” “Seller’s Concentration Limit” “Seller’s Funding Account” “Seller’s Operating Account” “Seller’s Power of Attorney” “Servicing Contract” “Servicing Fee” “Servicing Portfolio” “Settlement Amount” “Shipping Instructions” “Statement Date” “Subordinated Debt” “Subsidiary” “Successor Servicer” “Successor Servicer Costs” Section 1, Annex 1 Section 1 Section 1 Section 1 Annex 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1 Section 1

Scheduled Repurchase Date means May 15 of each of 2003, 2004, 2005 and 2006.

Scheduled Repurchase Date has the meaning specified in the Indenture.