Acquisition Date definition
Acquisition Date. With respect to any REO Property, the first day on which such REO Property is considered to be acquired by the Trust Fund within the meaning of Treasury Regulations Section 1.856-6(b)(1), which is the first day on which the Trust Fund is treated as the owner of such REO Property for federal income tax purposes.
Acquisition Date means the date on which the Acquisition is consummated.
Acquisition Date means the date the Acquisition is consummated.
Examples of Acquisition Date in a sentence
Promptly after such acquisition of title, the Special Servicer shall consult with counsel to determine when an Acquisition Date shall be deemed to occur under the REMIC Provisions with respect to such Property, with the expense of such consultation being treated as a reimbursable expense of the Special Servicer related to the foreclosure.
More Definitions of Acquisition Date
Acquisition Date. The date upon which, under the Code (and in particular the REMIC Provisions and Section 856(e) of the Code), the Trust Fund is deemed to have acquired the Property.
Acquisition Date means the date upon which, under the Code (and in particular the REMIC Provisions and Section 856(e) of the Code), the Trust or a REMIC Pool is deemed to have acquired a Mortgaged Property (or an interest therein, in the case of the Mortgaged Properties securing any A/B Whole Loan, Non-Serviced Mortgage Loan, Non-Serviced Companion Loan or Loan Pair).
Acquisition Date means the date upon which, under the Code (and in particular the REMIC Provisions and Section 856(e) of the Code), the Trust or a REMIC Pool is deemed to have acquired a Mortgaged Property (or an interest therein, in the case of the Mortgaged Properties securing any A/B Mortgage Loan, Non-Serviced Mortgage Loan, Non-Serviced Companion Mortgage Loan and Loan Pair).
Acquisition Date means, for any Collateral Asset, the date on which such Collateral Asset is committed to be acquired by the Borrower.
Acquisition Date means the date Respondents consummate the Acquisition.
Acquisition Date means the date described in ORS 195.328.
Acquisition Date means each date during the Revolving Period on which the Issuer acquires Additional Receivables under Section 2.1(b) of the Transfer and Servicing Agreement and the Depositor acquires Additional Receivables under Section 2.1(b) of the Originator Receivables Transfer Agreement or Section 2.1(a) of the Master Trust Receivables Transfer Agreement; provided that there shall be no more than five (5) Acquisition Dates in any calendar month.