Common use of Trust Cut-off Date Clause in Contracts

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 5.01 of the Servicing Agreement (as modified by this Agreement), the remittance on April 18, 2006, to be made to the Trust Fund is to include all principal collections due after March 1, 2006 (the “Trust Cut-off Date”), plus interest thereon at the weighted average Mortgage Interest Rate collected during the immediately preceding Due Period, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Section 5.01 of the Servicing Agreement.

Appears in 2 contracts

Samples: Reconstitution Agreement (Harborview 2006-Bu1), Reconstitution Agreement (Harborview 2006-Bu1)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 5.01 of the Servicing Agreement (as modified by this Agreement), ) the remittance on April May 18, 2006, 2007 to be made to the Trust Fund is to include all principal collections due after March April 1, 2006 2007 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding Due PeriodMay 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Section 5.01 of the Servicing Agreement.

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2007-2), Servicing Agreement (Luminent Mortgage Trust 2007-2)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 5.01 of the Servicing Agreement (as modified by this Agreement), ) the remittance on April October 18, 2006, 2006 to be made to the Trust Fund is to include all principal collections due after March September 1, 2006 (the “Trust Cut"TRUST CUT-off Date”OFF DATE"), plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding Due PeriodOctober 18, 2006, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Section 5.01 of the Servicing Agreement.

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-6), Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-6)

Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 5.01 of the Servicing Agreement (as modified by this Agreement), ) the remittance on April January 18, 2006, 2007 to be made to the Trust Fund is to include all principal collections due after March December 1, 2006 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding Due PeriodJanuary 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Section 5.01 of the Servicing Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2006-7)

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Trust Cut-off Date. The parties hereto acknowledge that by operation of Section 5.01 of the Servicing Agreement (as modified by this Agreement), ) the remittance on April February 18, 2006, 2007 to be made to the Trust Fund is to include all principal collections due after March January 1, 2006 2007 (the "Trust Cut-off Date"), plus interest thereon at the weighted average Mortgage Interest Rate collected during the Due Period immediately preceding Due PeriodFebruary 18, 2007, but exclusive of any portion thereof allocable to a period prior to the Trust Cut-off Date, and taking into account the adjustments specified in the first paragraph of Section 5.01 of the Servicing Agreement.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Luminent Mortgage Trust 2007-1)

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