Common use of Latest Possible Maturity Date Clause in Contracts

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.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (BellaVista Funding CORP), Pooling and Servicing Agreement (BellaVista Mortgage Trust 2004-2), Pooling and Servicing Agreement (BellaVista Mortgage Trust 2005-1)

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