Common use of Cross-Over Date Clause in Contracts

Cross-Over Date. The Distribution Date on which the Class Principal Balances of the Subordinate Certificates have been reduced to zero. Custodian: ▇▇▇▇▇ Fargo, with respect to those Mortgage Loans for which ▇▇▇▇▇ Fargo is listed under the heading “Custodian” in the Mortgage Loan Schedule, and which were not originated by WMMSC or an affiliate thereof, and any successor thereto. U.S. Bank with respect to those Mortgage Loans for which U.S. Bank is listed under the heading “Custodian” in the Mortgage Loan Schedule, and which were originated by WMMSC or an affiliate thereof, and any successor thereto.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Mort Pass THR Certs Ser 2003-12), Pooling and Servicing Agreement (Mastr Asset Securitization Trust 2003-10)

Cross-Over Date. The Distribution Date on which the Class Principal Balances of the Subordinate Certificates have been reduced to zero. Custodian: ▇▇▇▇▇ Fargo, with respect to those Mortgage Loans for which ▇▇▇▇▇ Fargo Fargo, is listed under the heading “Custodian” in the Mortgage Loan Schedule, and which were not originated by WMMSC or an affiliate thereof, and any successor thereto. U.S. Bank with respect to those Mortgage Loans for which U.S. Bank is listed under the heading “Custodian” in the Mortgage Loan Schedule, and which were originated by WMMSC or an affiliate thereof, and any successor thereto.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Mortgage Asset Sec Trans Inc Mort Pas THR Certs Se 2003 9)