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 the date specified in the related Subsequent Transfer Agreement, provided, however that such date shall be on or before the Subsequent Transfer Date.]

Examples of Subsequent Cutoff Date in a sentence

• As of the Initial Cutoff Date (or the applicable Subsequent Cutoff Date in the case of Subsequent Contracts), no Motorcycle had been repossessed.

• As of the Initial Cutoff Date (or the applicable Subsequent Cutoff Date in the case of Subsequent Contracts), no default, breach, violation or event permitting acceleration existed with respect to any Contract and no event had occurred which, with notice and the expiration of any grace or cure period, would constitute such a default, breach, violation or event permitting acceleration under such Contract.

• As of the Initial Cutoff Date or applicable Subsequent Cutoff Date, as the case may be, the most recent scheduled payment with respect to any Contract either had been made or was not delinquent for more than 30 days.

• The information set forth in the List of Contracts (or Subsequent List of Contracts, in the case of Subsequent Contracts) is true, complete and correct in all material respects as of the Initial Cutoff Date or applicable Subsequent Cutoff Date, as the case may be.

• The Seller shall be entitled to all Interest Subsidy Payments and Special Allowance Payments on each Additional Loan or Substituted Loan accruing up to but not including the related Subsequent Cutoff Date and shall be responsible for the payment of any rebate fees applicable to such Purchased Loans subject to the related Xxxx of Sale accruing up to but not including the related Subsequent Cutoff Date.

More Definitions of Subsequent Cutoff Date

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.

Subsequent Cutoff Date means, with respect to the Subsequent Receivables conveyed hereby, _______________, 2000.

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 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 Contracts transferred hereby, [ ].

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

Subsequent Cutoff Date. With respect to any Additional Receivable, the first calendar day of the month in which such Additional Receivable is purchased by XXXX from the Seller.