Examples of Cutoff Date in a sentence
As provided in the Indenture, the Notes may be redeemed pursuant to Section 10.01(a) of the Indenture, in whole, but not in part, at the option of the Servicer, on any Distribution Date on or after the date on which the Pool Balance is less than 10% of the Pool Balance as of the Cutoff Date.
The Pool Balance as of the Cutoff Date equals or exceeds the aggregate principal amount of the Notes on the Closing Date.
The information set forth in the List of Contracts is true, complete and correct in all material respects as of the Cutoff Date.
Approximately 70.47% of the Pool Balance as of the Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 29.53% is attributable to loans for purchases of used Motorcycles.
The Contract has a Principal Balance of at least $500.00 as of the Cutoff Date.