Defeasance Date definition

Defeasance Date shall have the meaning set forth in Section 2.5.1(a)(i) hereof.
Defeasance Date means the 2nd anniversary of the “startup date” of the last REMIC within the meaning of Section 860G(a)(9) of the Tax Code which holds all or any portion of the Loan.
Defeasance Date has the meaning set forth in Section 2.7.

Examples of Defeasance Date in a sentence

  • In connection with such release, Borrower shall submit to Lender, not less than twenty (20) days prior to the Defeasance Date, a form of release for execution by Lender appropriate in the State and reasonably satisfactory to Lender, and all other documentation Lender requires to be delivered by Borrower, together with an Officer’s Certificate certifying that such documentation (i) is in compliance with all Legal Requirements and (ii) will effect such release in accordance with the terms of this Agreement.


More Definitions of Defeasance Date

Defeasance Date means either the Total Defeasance Date or the Partial Defeasance Date, as applicable.
Defeasance Date shall have the meaning set forth in Section 2.3.3. hereof.
Defeasance Date means the date upon which the Defeasance is completed.
Defeasance Date shall have the meaning set fort in SECTION 2.5.1(A)(I).
Defeasance Date is the date on which a Trigger Initiated Defeasance Event or Market Initiated Defeasance Event occurs.
Defeasance Date shall have the meaning set forth in SECTION 2.3.2(a)(i).
Defeasance Date shall have the meaning set forth in Section --------------- 2.4.1(a)(i) hereof.