Assumption Date Sample Clauses

Assumption Date. The Payments Administrator shall give each Lender prompt written notice of the occurrence of the Assumption Date.
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Assumption Date. Assumption Date" with respect to the Contracts shall be the date that all regulatory and judicial approval is received for the assumption of the Contracts and FSL accepts and assumes as its own direct obligation the Contract Liabilities.
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Assumption Date. As used in this Agreement, the "Assumption Date" shall be the date set forth in an order issued by the Dane County Circuit Court in the State of Wisconsin on which NHIC must assume the Business in accordance with this Agreement. Notwithstanding the foregoing, in the event an applicable state regulatory body in any state in which the Business is in force requires approval of the assumption set forth herein, then the Assumption Date with respect to such state shall be the first quarter- end date (March 31, June 30, September 30 or December 31) after the date on which NHIC has obtained the required approval from such state regulatory body. It is the expectation of the Parties that within eighteen (18) months following the date of this Agreement, as set forth above, the Business in its entirety will have been assumed by NHIC as set forth in Section 2 below.
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Assumption Date. Defined in the Backup Servicing Agreement.
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Assumption Date. Assumption Date" shall mean the first date on which the --------------- Contingency occurs.
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Assumption Date. As used in this Agreement, the “Assumption Date” shall be the date set forth in an order issued by the Court on which JHUSA must assume the Assumed Business in accordance with this Agreement, or, if such date is other than the first day of an accounting quarter, the first day of the subsequent quarter in which such order is issued.
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Assumption Date. As used in this Agreement, the “Assumption Date” shall be the date set forth in an order issued by the Dane County Circuit Court in the State of Wisconsin on which XXXX must assume the Disability Business in accordance with this Agreement. Notwithstanding the foregoing, in the event an applicable state regulatory body in any state in which the Disability Business is in force requires approval of the assumption set forth herein, then the Assumption Date with respect to such state shall be the first quarter-end date (March 31, June 30, September 30 or December 31) after the date on which XXXX has obtained the required approval from such state regulatory body. It is the expectation of the Parties that within six (6) months following the date of this Agreement, as set forth above, the Disability Business in its entirety will have been assumed by XXXX as set forth in Section 2 below.
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Related to Assumption Date

  • Funding Date The obligations of the Lenders to make Loans and of the Issuing Banks to issue Letters of Credit hereunder shall not become effective until the date on which each of the following conditions is satisfied (or waived in accordance with Section 9.02):

  • Extension of Closing Date 54 (a) If Paragraph 8(b) is checked and Closing funds from Buyer’s lender(s) are not available on Closing Date due 55 to Consumer Financial Protection Bureau Closing Disclosure delivery requirements (“CFPB Requirements”), 56 then Closing Date shall be extended for such period necessary to satisfy CFPB Requirements, provided such 57 period shall not exceed 10 days.

  • Closing Date and Option Closing Date Opinion of Counsel On each of the Closing Date and the Option Closing Date, if any, the Representative shall have received the favorable opinion of GM, dated the Closing Date or the Option Closing Date, as the case may be, addressed to the Representative and in form and substance reasonably satisfactory to BM, confirming as of the Closing Date and, if applicable, the Option Closing Date, the statements made by GM in their opinion delivered on the Effective Date.

  • The First Closing Date Delivery of certificates or electronic book entries, as applicable, for the Firm Shares to be subscribed for by the Underwriters and payment therefor shall be made at the offices of Xxxxxxxxx & Xxxxxxx LLP (or such other place as may be agreed to by the Company and the Representative) at 9:00 a.m. New York City time, on [—], or such other time and date not later than 1:30 p.m. New York City time, on [—] as the Representative shall designate by notice to the Company (the time and date of such closing are called the “First Closing Date”). The Company hereby acknowledges that circumstances under which the Representative may provide notice to postpone the First Closing Date as originally scheduled include, but are not limited to, any determination by the Company or the Representative to recirculate to the public copies of an amended or supplemented Prospectus or a delay as contemplated by the provisions of Section 11.

  • Transfer Date In the event the Servicer is terminated as servicer of a Mortgage Loan pursuant to Subsections 12.04, 13.01, 14.01(c) or 14.02, the date on which the Purchaser, or its designee, shall receive the transfer of servicing responsibilities and begin to perform the servicing of such Mortgage Loans, and the Servicer, shall cease all servicing responsibilities.

  • SUBSEQUENT ASSIGNMENTS After the Effective Date, the Assignee shall have the right pursuant to Section 12.3.1 of the Credit Agreement to assign the rights which are assigned to the Assignee hereunder to any entity or person, provided that (i) any such subsequent assignment does not violate any of the terms and conditions of the Loan Documents or any law, rule, regulation, order, writ, judgment, injunction or decree and that any consent required under the terms of the Loan Documents has been obtained and (ii) unless the prior written consent of the Assignor is obtained, the Assignee is not thereby released from its obligations to the Assignor hereunder, if any remain unsatisfied, including, without limitation, its obligations under Sections 4, 5 and 8 hereof.

  • Date Whenever any payment due hereunder shall fall due on a day other than a Business Day, such payment shall be made on the next succeeding Business Day, and such extension of time shall be included in the computation of interest or fees, as the case may be.

  • Initial Closing Date The obligation of the Company hereunder to issue and sell the Initial Preferred Shares to each Buyer at the Initial Closing is subject to the satisfaction, at or before the Initial Closing Date, of each of the following conditions, provided that these conditions are for the Company's sole benefit and may be waived by the Company at any time in its sole discretion by providing each Buyer with prior written notice thereof:

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

  • The Closing Date Delivery of certificates for the Securities in definitive form to be purchased by the Underwriters and payment therefor shall be made at the offices of Xxxxxx Xxxxxx & Xxxxxxx llp, 00 Xxx Xxxx, Xxx Xxxx, Xxx Xxxx 00000 (or such other place as may be agreed to by the Company and the Representatives) at 9:00 a.m. New York City time, on December 17, 2020 or such other time and date as the Representatives shall designate by notice to the Company (the time and date of such closing are called the “Closing Date”).

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