Latest Possible Maturity Date Sample Clauses

Latest Possible Maturity Date. The Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.
AutoNDA by SimpleDocs
Latest Possible Maturity Date. The Distribution Date occurring in November 2039. LBH: Xxxxxx Brothers Holdings Inc., or any successor in interest.
Latest Possible Maturity Date. The Distribution Date following the third anniversary of the scheduled maturity date of the Loan having the latest scheduled maturity date as of the Cut-off Date. Last Scheduled Distribution Date -------------------------------- The Distribution Date in July 2035. LIBOR ----- As of any LIBOR Determination Date, the London interbank offered rate for one-month United States dollar deposits which appears in the Moneyline Telerate Page 3750 as of 11:00 a.m., London time, on that date. If the rate does not appear on Moneyline Telerate Page 3750, the rate for that day will be determined on the basis of the rates at which deposits in United States dollars are offered by the Reference Banks at approximately 11:00 a.m. (London time), on that day to prime banks in the London interbank market. The Trustee will request the principal London office of each of the Reference Banks to provide a quotation of its rate. If at least two quotations are provided, the rate for that day will be the arithmetic mean of the quotations (rounded upwards if necessary to the nearest whole multiple of 1/16%). If fewer than two quotations are provided as requested, the rate for that day will be the arithmetic mean of the rates quoted by major banks in New York City, selected by the Trustee in consultation with the Servicer, at approximately 11:00 a.m. (New York City time) on that day for loans in United States dollars to leading European banks. LIBOR Determination Date ------------------------ With respect to any Interest Accrual Period for the Adjustable Rate Certificates, the second London business day preceding the commencement of such Interest Accrual Period. For purposes of determining LIBOR, a "London business day" is any day on which dealings in deposits of United States dollars are transacted in the London interbank market. Liquidated Loan --------------- With respect to any Distribution Date, a defaulted Loan (including any REO Property) that was liquidated in the related Prepayment Period Date and as to which the Servicer has determined (in accordance with this Agreement) that it has received all amounts it expects to receive in connection with the liquidation of such Loan, including the final disposition of an REO Property.
Latest Possible Maturity Date. The Depositor shall have the right to purchase all Mortgage Loans and REO Properties pursuant to clause (i) in the preceding paragraph of this Section 9.01 only on or after the date on which the Pool Stated Principal Balance, at the time of any such repurchase, is less than or equal to 10% of the Cut-off Date Pool Principal Balance.
Latest Possible Maturity Date. The Distribution Date occurring in June 2041. LBH: Xxxxxx Brothers Holdings Inc., or any successor in interest. LIBOR: (a) With respect to the first Accrual Period, the Initial LIBOR Rate. With respect to each subsequent Accrual Period, a per annum rate determined on the LIBOR Determination Date in the following manner by the Securities Administrator on the basis of the “Interest Settlement Rate” set by the British Bankers’ Association (the “BBA”) for one-month United States dollar deposits, as such rates appear on the Telerate Page 3750, as of 11:00 a.m. (London time) on such LIBOR Determination Date.
Latest Possible Maturity Date. The Distribution Date occurring in April 2039.
Latest Possible Maturity Date. The Distribution Date occurring in February 2035. LIBOR: (a) With respect to the first Accrual Period, the Initial LIBOR Rate. With respect to each subsequent Accrual Period, a per annum rate determined on the LIBOR Determination Date in the following manner by the Trustee on the basis of the “Interest Settlement Rate” set by the British Bankers’ Association (the “BBA”) for one-month United States dollar deposits, as such rates appear on the Telerate Page 3750, as of 11:00 a.m. (London time) on such LIBOR Determination Date.
AutoNDA by SimpleDocs
Latest Possible Maturity Date. Solely for purposes of Section 1.860G-1(a)(4)(iii) of the Regulations, the “latest possible maturity date” for each Class of the Certificates is the related Final Distribution Date set forth in Section 3.1.
Latest Possible Maturity Date. For the Certificates other than the Class 3-A-1 Certificates, the Distribution Date in December 2035. For the Class 3-A-1 Certificates, the Distribution Date in October 2020. In each case, the Latest Possible Maturity Date is the Distribution Date for the related Certificates occurring in the month following the latest scheduled maturity date for any Mortgage Loan in the related Pool.
Latest Possible Maturity Date. The Distribution Date in March 25, 2035. Lehman Bank: Lehman Brothers Bank, FSB.
Time is Money Join Law Insider Premium to draft better contracts faster.