Examples of Stated Final Distribution Date in a sentence
The actual final Distribution Date for any Class of Certificates, other than the Class AF Certificates, may be substantially different than the Stated Final Distribution Date.
If payments are extended in the ordinary course of the Servicer's collection procedures, and, as a result, any Receivable would be outstanding at the Stated Final Distribution Date, then the Servicer shall be obligated to purchase such Receivable pursuant to Section 8.07 (unless such Receivable is otherwise being purchased pursuant to Section 16.02) as of the last day of the Collection Period immediately preceding the Stated Final Distribution Date.
No provision of a Receivable shall have been waived (other than extensions of payments granted in the ordinary course of the collection procedures of the Servicer (or of the Sub-Servicer, with respect to the Sub-Serviced Receivables) and the term of which does not extend beyond the last day of the Collection Period immediately preceding the Stated Final Distribution Date).
Use of a simple one-number “scale” e.g. 0-1, 0-5, or 0-10 as we suggest in our following description of our VER and VAL Meters.
The actual final Distribution Date for any Class of Certificates other than the Class A Certificates may be substantially different than the Stated Final Distribution Date.