Underlying Distribution Date Statements definition

Underlying Distribution Date Statements. With respect to the Mortgage Certificates and each Mortgage Certificate Distribution Date, the reports provided or made available to the Securities Administrator as holder of the Mortgage Certificates by or on behalf of the master servicer or paying agent for each Series.
Sample 1Sample 2
Underlying Distribution Date Statements. The distribution date statements relating to the Trust Assets made available by the Master Servicer to the Trustee on behalf of the Trust as holder of the Trust Assets.
Sample 1
Underlying Distribution Date Statements. With respect to the Mortgage Certificates and each Mortgage Certificate Distribution Date, the reports provided to the Trustee as holder of the Mortgage Certificates by the Underlying Securities Administrator.
Sample 1

Examples of Underlying Distribution Date Statements in a sentence

  • Calculations required to be made pursuant to this Agreement with respect to any Mortgage Loan in the Trust Fund and the Underlying Certificates shall be made based upon current information as to the terms of the Mortgage Loans and reports of payments received from the Mortgagor on such Mortgage Loans and based upon the Underlying Distribution Date Statements, and payments to be made to the Trustee as supplied to the Trustee by the Master Servicer and the Underlying Trustee.

  • All calculations of Available Funds, the Interest Distribution Amount, the Reserve Account Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Grantor Trust Trustee in reliance on the information provided to it in the Underlying Distribution Date Statements.

  • All calculations of Available Funds, the Interest Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Grantor Trust Trustee in reliance on the information provided to it in the applicable Underlying Distribution Date Statements.

  • All calculations of Available Funds, the Interest Distribution Amount and amounts payable with respect to principal for any Distribution Date shall be performed by the Grantor Trust Trustee in reliance on the information provided to it in the Underlying Distribution Date Statements.

  • With respect to distributions on each Deposited Underlying Certificate for any Underlying Distribution Date, the Trustee may conclusively rely on the related Underlying Distribution Date Statements and the Trustee shall have no obligation to recompute, recalculate or verify any information in such Underlying Distribution Date Statements.


More Definitions of Underlying Distribution Date Statements

Underlying Distribution Date Statements. With respect to any Deposited Underlying Certificate, the reports provided to holders thereof in connection with each related Underlying Distribution Date pursuant to the related Underlying Agreement.
Sample 1

Related to Underlying Distribution Date Statements

  • Distribution Date Statement As defined in Section 4.02(a).

  • Payment Date Statement means a report prepared by the Administrator setting forth certain information relating to the Reference Pool, the Notes, the Reference Tranches and the hypothetical structure described in the Offering Memorandum, which will be in such form as is required under the Offering Memorandum and otherwise as agreed upon between the Administrator and the Indenture Trustee.

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Closing Date Statement has the meaning set forth in Section 2.06(b).

  • Monthly Statement The statement delivered to the Certificateholders pursuant to Section 4.06.

  • Distribution Report The meaning specified in Section 10.7(b).

  • Monthly Investor Report has the meaning stated in Section 3.5(a) of the Sale and Servicing Agreement.

  • Payment Date Report has the meaning assigned to such term in Section 8.07(b).

  • Distribution Determination Date means, in respect of any Distribution Period, that number of business days prior thereto as is set out in the applicable Pricing Supplement or on the face of the relevant Perpetual Security;

  • Distribution Date shall have the meaning set forth in Section 3(a) hereof.

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Distribution Statement has the meaning set forth in Section 5.02(c) of the Trust Agreement.

  • Pool Distribution Amount As to any Distribution Date and Loan Group, the excess of (a) the sum of (i) the aggregate of (A) the interest portion of any Monthly Payment on a Mortgage Loan in such Loan Group (net of the Servicing Fee) and the principal portion of any Monthly Payment on a Mortgage Loan in such Loan Group due on the Due Date in the month in which such Distribution Date occurs and which is received prior to the related Determination Date (or in the case of any Monthly Covered Amount, the related Remittance Date) and (B) all Periodic Advances and payments of Compensating Interest made by the Servicer in respect of such Loan Group and Distribution Date deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(vii); (ii) all Liquidation Proceeds received on the Mortgage Loans in such Loan Group during the preceding calendar month and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(iii); (iii) all Principal Prepayments (other than Total Covered Amounts) received on the Mortgage Loans in such Loan Group during the month preceding the month of such Distribution Date and deposited to the Servicer Custodial Account pursuant to Section 3.08(b)(i) during such period and all Total Covered Amounts received and deposited in the Servicer Custodial Account by the related Remittance Date; (iv) in connection with Defective Mortgage Loans in such Loan Group or Converted Mortgage Loans, as applicable, the aggregate of the Repurchase Prices and Substitution Adjustment Amounts deposited on the related Remittance Date pursuant to Section 3.08(b)(vi); (v) any other amounts in the Servicer Custodial Account deposited therein pursuant to Sections 3.08(b)(iv), (v) and (ix) in respect of such Distribution Date and such Loan Group; (vi) any Reimbursement Amount required to be included pursuant to Section 5.02(a) and (vii) any Recovery with respect to such Distribution Date over (b) any (i) amounts permitted to be withdrawn from the Servicer Custodial Account pursuant to clauses (i) through (vii), inclusive, of Section 3.11(a) in respect of such Loan Group and (ii) amounts permitted to be withdrawn from the Certificate Account pursuant to clauses (i) and (ii) of Section 3.11(b) in respect of such Loan Group.

  • Monthly Shared-Loss Amount means the change in the Cumulative Shared- Loss Amount from the beginning of each month to the end of each month.

  • Certificate Distribution Amount means, as of any Payment Date, the amount being distributed to the Trust Certificateholders on such Payment Date.

  • Class B-1 Applied Realized Loss Amount As of any Distribution Date, the sum of all Applied Realized Loss Amounts with respect to the Mortgage Loans which have been applied to the reduction of the Certificate Principal Balance of the Class B-1 Certificates.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Distribution Date" for a Trust shall mean the "Distribution dates" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Accrued Certificate Interest Distribution Amount With respect to any Distribution Date for each Class of LIBOR Certificates, the amount of interest accrued during the related Interest Accrual Period at the applicable Pass-Through Rate on the related Class Certificate Balance immediately prior to such Distribution Date, as reduced by such Class's share of Net Prepayment Interest Shortfalls and Relief Act Interest Shortfalls for such Distribution Date allocated to such Class pursuant to Section 4.02.

  • Initial Monthly Payment Fund An amount representing scheduled principal amortization and interest at the Net Mortgage Rate for the Due Date in the first Due Period commencing subsequent to the Cut-off Date for those Mortgage Loans for which the Trustee will not be entitled to receive such payment, and as more specifically defined in the Series Supplement.

  • Monthly Form 8-K As defined in Section 3.22(a).

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Monthly Report means a report, in substantially the form of Exhibit X hereto (appropriately completed), furnished by the Servicer to the Agent pursuant to Section 8.5.

  • Final Scheduled Distribution Date means with respect to (i) the Class A-1 Notes, the February 8, 2017 Distribution Date, (ii) the Class A-2-A Notes, the June 10, 2019 Distribution Date, (iii) the Class A-2-B Notes, the June 10, 2019 Distribution Date, (iv) the Class A-3 Notes, the October 8, 2020 Distribution Date, (v) the Class B Notes, the March 8, 2021 Distribution Date, (vi) the Class C Notes, the January 10, 2022 Distribution Date, (vii) the Class D Notes, the February 8, 2022 Distribution Date and (viii) the Class E Notes, the September 8, 2023 Distribution Date.

  • E-Statement means an electronic version of daily confirms, monthly, quarterly or annual statements, and shareholder tax statements created with investor transaction data housed on DST’s TA2000® mutual fund record keeping system, with images available online via a secure web site.