Common use of Wire Transfer Eligibility Clause in Contracts

Wire Transfer Eligibility. The minimum number of single certificates eligible for wire transfer on each distribution day, for the certificates, is 1,000 (representing a $1,000,000 initial principal balance or initial notional balance) and, for the residual certificates, a 100% percentage interest.

Appears in 20 contracts

Sources: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc), Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)

Wire Transfer Eligibility. The minimum number of single certificates Single Certificates eligible for wire transfer on each distribution dayDistribution Date, for in the certificatescase of CitiCertificates, is 1,000 1,000,000 (representing a $1,000,000 initial principal balance Initial Stated Amount or initial notional balanceamount) and, for in the residual certificatescase of the Residual Certificates, a 100% percentage interestPercentage Interest.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Citicorp Mortgage Securities Inc)

Wire Transfer Eligibility. The minimum number of single certificates Single Certificates eligible for wire transfer on each distribution dayDistribution Date, for in the certificatescase of Certificates, is 1,000 1,000,000 (representing a $1,000,000 initial principal balance Initial Principal Balance or initial notional balanceamount) and, for in the residual certificatescase of the Residual Certificates, a 100% percentage interestPercentage Interest.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Citifinancial Mortgage Securities Inc)