Subsequent Cutoff Date definition

Subsequent Cutoff Date means the date specified in the related Additional Sale Agreement agreed to by the Seller and the Purchaser for the purposes of determining the Principal Balance and accrued interest to be capitalized, as applicable, for purposes of completing each related Loan Transmittal Summary Form.

Subsequent Cutoff Date means the date specified as such for Subsequent Contracts in the related Subsequent Transfer Agreement.

Subsequent Cutoff Date means with respect to any Receivable transferred to the Trust after the Closing Date, if any, the date specified by the Depositor in the month those Receivables are transferred to the Trust.

Examples of Subsequent Cutoff Date in a sentence

• The Initial Mortgage Loans are not subject, and the Subsequent Mortgage Loans will not be subject, to any pending Legal Actions as of the Cut-off Date or Subsequent Cut-off Date, as applicable, although there can be no assurance that Legal Actions involving the mortgage loans will not be initiated.

• The Indenture Trustee, as indenture trustee of the Trust Estate, shall be entitled to all scheduled principal payments due after each Subsequent Cut-off Date, all other payments of principal due and collected after each related Subsequent Cut-off Date, and all payments of interest on the Subsequent Mortgage Loans, minus that portion of any such payment which is allocable to the period prior to the related Subsequent Cut-off Date.

• Part III Schedule of KBUSA Other Student Loans that are KBUSA Group I Student Loans, including each related Subsequent Cut-off Date and the location of the related Student Loan File.

• As of the Cutoff Date, no claim for payment with respect to an KBUSA Initial Student Loan has been made to a Guarantor, and as of the related Subsequent Cutoff Date no claim for payment with respect to an KBUSA Additional Student Loan will have been made.

• At the Initial Cutoff Date or the Subsequent Cutoff Date, as applicable, no Receivable was more than 30 days past due.

More Definitions of Subsequent Cutoff Date

Subsequent Cutoff Date with respect to each Additional Trust Student Loan or Substituted Trust Student Loan has the meaning set forth in the related Additional Purchase Agreement and Additional Sale Agreement.

Subsequent Cutoff Date means, with respect to the Subsequent Contracts transferred hereby, [ ].

Subsequent Cutoff Date means, with respect to the Subsequent Receivables conveyed hereby, , 20 .

Subsequent Cutoff Date means, with respect to any Subsequent Receivables, the close of business on the last day of the calendar month preceding the related Subsequent Transfer Date.

Subsequent Cutoff Date means, with respect to the Subsequent Receivables conveyed hereby, _____________, 2007.

Subsequent Cutoff Date means, with respect to each Additional Student Loan, the date specified as such on Schedule A hereto.

Subsequent Cutoff Date means (i) the last day of the month preceding the month in which particular Subsequent Receivables are conveyed to the Trust pursuant to this Agreement or (ii) if any such Subsequent Receivable is originated in the month of the related Subsequent Transfer Date, the date of origination.