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Special Hazard Termination Date definition

Special Hazard Termination DateThe Distribution Date upon which the Special Hazard Loss Amount has been reduced to zero or a negative number (or the Cross-Over Date, if earlier).
Special Hazard Termination Date. For any Mortgage Loan Group, the Distribution Date upon which the applicable Special Hazard Loss Amount has been reduced to zero or a negative number (or the Group 1- 2 Cross-Over Date in the case of Mortgage Loan Group 1 and Mortgage Loan Group 2, the Group 3 Cross-Over Date in the case of Mortgage Loan Group 3 or the Group 4 Cross-Over Date in the case of Mortgage Loan Group 4, in each case if earlier).
Special Hazard Termination Date. Group I Special Hazard Termination Date or Group II Special Hazard Termination Date.

Examples of Special Hazard Termination Date in a sentence

  • Any Special Hazard Loss will on each Distribution Date be allocated solely to the outstanding Subordinate Certificates until the Special Hazard Termination Date.

  • Any Special Hazard Losses occurring after the Special Hazard Termination Date.


More Definitions of Special Hazard Termination Date

Special Hazard Termination DateWith respect to each Mortgage Pool, the Distribution Date upon which the Special Hazard Loss Amount for such Mortgage Pool has been reduced to zero or a negative number (or the related Cross-Over Date, if earlier).
Special Hazard Termination Date. Group I Special Hazard Termination Date or Group II Special Hazard Termination Date. Startup Day: September 30, 2005.
Special Hazard Termination Date. For any Mortgage Loan Group, the Distribution Date upon which the applicable Special Hazard Loss Amount has been reduced to zero or a negative number.

Related to Special Hazard Termination Date

  • Special Hazard Coverage Termination Date The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.

  • Loan Termination Date means each day on which a deposit is made into the Collateral Account in respect of Terminated Loans.

  • Lease Termination Date means the last day of the Lease Term.

  • Master Servicer Event of Termination As defined in Section 7.01 hereof.

  • Plan Termination Date means the date that is ten (10) years after the Effective Date, unless the Plan is earlier terminated by the Board pursuant to Section 15 hereof.

  • Accretion Termination Date As defined in the Series Supplement.

  • Special Servicer Termination Event shall have the meaning given to such term in the Lead Securitization Servicing Agreement.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Escrow Termination Date has the meaning set forth in Section 11.7.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Service Termination Date means the last Day in a month upon which Service shall terminate, as set forth in a Schedule of Service and subject to any renewal thereof.

  • Fraud Loss Coverage Termination Date The point in time at which the Fraud Loss Coverage Amount is reduced to zero.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Term Loan Termination Date means the earlier to occur of (a) the Term Loan Maturity Date and (b) the acceleration of the Term Loans in accordance with the terms hereof.

  • Servicer Event of Termination One or more of the events described in Section 7.01.

  • Termination Fee Event has the meaning ascribed thereto in Section 5.2(a);

  • Extended Termination Date has the meaning specified in Section 2.16(c).

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Event Termination Date See Section 2(e) hereof.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Master Servicer Termination Test With respect to any Distribution Date, the Master Servicer Termination Test will be failed if the Cumulative Loss Percentage exceeds 4.00%.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Restriction Termination Date means the first day after the Initial Date on which the Board of Directors determines that it is no longer in the best interests of the Corporation to attempt to, or continue to, qualify as a REIT or that compliance with the restrictions and limitations on Beneficial Ownership, Constructive Ownership and Transfers of Shares set forth herein is no longer required in order for the Corporation to qualify as a REIT.

  • Liquidity Provider Ratings Event Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of a Liquidity Provider Ratings Event, which date shall be not less than 16 days nor more than 30 days following such Liquidity Provider Ratings Event.