REMIC Certificate Maturity Date. Solely for purposes of ------------------------------- satisfying Section 1.860G-1(a)(4)(iii) of the REMIC Provisions, and based upon certain assumptions described below, the "latest possible maturity date" of each of the Group I and Group II Certificates is the Remittance Date in September 2032. The foregoing date represents the date by which the Certificates would be reduced to zero on the date on which the Contract with the latest maturity date in the Contract Pool matures plus twenty-five months. (End of Article II)
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Man Ho Co Se Su Pa Th Ce Se 1998a), Custodial Agreement (Vanderbilt Mort & Fin Inc Pass Throu Cert Ser 1998b)
REMIC Certificate Maturity Date. Solely for purposes of ------------------------------- satisfying Section 1.860G-1(a)(4)(iii) of the REMIC Provisions, and based upon certain assumptions described below, the "latest possible maturity date" of each of the Group I and Group II Certificates is the Remittance Date in September 2032October, 2031. The foregoing date represents the date by which the Certificates would be reduced to zero on the date on which the Contract with the latest maturity date in the Contract Pool matures plus twenty-five months. ([End of Article II)]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc Sen Sub Pas THR Cert Ser 1999c)
REMIC Certificate Maturity Date. Solely for purposes of ------------------------------- satisfying Section 1.860G-1(a)(4)(iii) of the REMIC Provisions, and based upon certain assumptions described below, the "latest possible maturity date" of each of the Group I and Group II Certificates is the Remittance Date in September 2032October 2030. The foregoing date represents the date by which the Certificates would be reduced to zero on the date on which the Contract with the latest maturity date in the Contract Pool matures plus twenty-five months. ([End of Article II)]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fin Inc MFR HSG Sr Sub Pa Th Ce Sr 1998c)
REMIC Certificate Maturity Date. Solely for purposes of ------------------------------- satisfying Section 1.860G-1(a)(4)(iii) of the REMIC Provisions, and based upon certain assumptions described below, the "latest possible maturity date" of each of the Group I and Group II Certificates is the Remittance Date in September October 25, 2032. The foregoing date represents the date by which the Certificates would be reduced to zero on the date on which the Contract with the latest maturity date in the Contract Pool matures plus twenty-five months. ([End of Article II)]
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Vanderbilt Mort & Fi Inc Man Ho Co Se Su Pas Th Ce Se 2000a)
REMIC Certificate Maturity Date. Solely for purposes of ------------------------------- satisfying Section 1.860G-1(a)(4)(iii) of the REMIC Provisions, and based upon certain assumptions described below, the "latest possible maturity date" of each of the Group I and Group II Certificates is the Remittance Date in September 2032July 2031. The foregoing date represents the date by which the Certificates would be reduced to zero on the date on which the Contract with the latest maturity date in the Contract Pool matures plus twenty-five months. ([End of Article II)]
Appears in 1 contract
Samples: Custodial Agreement (Vanderbilt Mort & Finance Pass Through Cert Series 1999b)
