Assumed Payment Date definition

Assumed Payment Date. With respect to the Mortgage Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure, in whole or in part, of the Mortgage Loan or acceptance on behalf of the Trust and the Companion Loan Holders of a deed-in-lieu of foreclosure or comparable conversion of the Mortgage Loan (or portion thereof), the date that would have been the Payment Date in such calendar month if the Maturity Date or the foreclosure of the Mortgage Loan (or portion thereof) or acceptance on behalf of the Trust and the Companion Loan Holders of a deed-in-lieu of foreclosure or comparable conversion of the Mortgage Loan (or portion thereof) had not occurred.
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Assumed Payment Date. With respect to the Trust Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Whole Loan or acceptance by the Trustee on behalf of the Trust and the Companion Loan Holders of a deed in lieu of foreclosure or comparable conversion of the Whole Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Whole Loan or acceptance by the Trustee on behalf of the Trust and the Companion Loan Holders of a deed in lieu of foreclosure or comparable conversion of the Whole Loan had not occurred.
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Assumed Payment Date. For any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Mortgage Loan or acceptance by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Senior Pari Passu Companion Loan Holders, of a deed in lieu of foreclosure or comparable conversion of the Mortgage Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Mortgage Loan or acceptance by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Senior Pari Passu Companion Loan Holders, of a deed in lieu of foreclosure or comparable conversion of the Mortgage Loan had not occurred.
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Examples of Assumed Payment Date in a sentence

  • Management fundamentals: Concepts, applications, andskill development.

  • The amount determined under Section 4.1(a) shall be based on (A) the Participant's or frozen Participant's vested benefit, as of the date of the Change of Control Payout Election, in the plans identified therein, (B) increased by interest on such vested benefit through the Assumed Payment Date.

  • The amount determined under Section 4.1(b) shall be adjusted to reflect any reduction in benefits that would occur under the plans identified therein as a result of receiving benefits on the Assumed Payment Date.


More Definitions of Assumed Payment Date

Assumed Payment Date shall have the meaning set forth in Section 16.1(b). Auction shall have the meaning set forth in Section 13.2(c).
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Assumed Payment Date means, in respect of any Security, (a) at the time of issuance of such Security, in the case of any CP Note, its stated maturity date, in the case of any Extendible CP Note, its Expected Maturity Date, and in the case of any X-Note, its Maturity Date, (B) at the time of extension of any Extendible CP Note or at the end of a Calculation Period with respect to any Extended CP Note, the end of the next following Calculation Period with respect to such Extendible CP Note or Extended CP Note, and (C) at the beginning of an extension period with respect to any X-Note, the Maturity Date that would apply to such X- Note after giving effect to the extension.
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Assumed Payment Date means December 31, 2014.
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Assumed Payment Date. With respect to the Trust Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Whole Loan or acceptance by the Special Servicer and delivery to the Trustee (or the Custodian on its behalf) on behalf of the Trust Fund and the Companion Loan Holder of a deed in lieu of foreclosure or comparable conversion of the Whole Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Whole Loan or acceptance by the Special Servicer and delivery to the Trustee (or the Custodian on its behalf) on behalf of the Trust Fund and the Companion Loan Holder of a deed in lieu of foreclosure or comparable conversion of the Whole Loan had not occurred.
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Related to Assumed Payment Date

  • Deferred Payment Date for a Participant means the date after the Restricted Period which is the earlier of (i) the date which the Participant has elected to defer receipt of Restricted Shares in accordance with Section 4.4 of this Restricted Share Plan; and (ii) the Participant’s Separation Date.

  • Specified Payment means any Investment, incurrence of Indebtedness, Restricted Payment or payment made pursuant to Section 9.12 that in each case is subject to the satisfaction of the Payment Conditions or the RP Conditions.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Assumed Scheduled Payment means: (i) with respect to any Balloon Mortgage Loan as to which advancing is required hereunder for its Maturity Date (provided that such Balloon Mortgage Loan has not been paid in full, and no Final Recovery Determination or other sale or liquidation has occurred in respect thereof, on or before the end of the Collection Period in which such Maturity Date occurs) and for any subsequent Due Date therefor as of which such Balloon Mortgage Loan remains outstanding and part of the Trust, if no Scheduled Payment (other than the related delinquent Balloon Payment) is due for such Due Date, the scheduled monthly payment of principal and/or interest deemed to be due in respect thereof on such Due Date equal to the Scheduled Payment that would have been due in respect of such Balloon Mortgage Loan on such Due Date, if it had been required to continue to accrue interest in accordance with its terms, and to pay principal in accordance with the amortization schedule in effect immediately prior to, and without regard to the occurrence of, its most recent Maturity Date (as such may have been extended in connection with a bankruptcy or similar proceeding involving the related Mortgagor or a modification, waiver or amendment of such Balloon Mortgage Loan granted or agreed to by the Master Servicer or the Special Servicer pursuant to the terms hereof), and (ii) with respect to any REO Mortgage Loan for any Due Date therefor as of which the related REO Property or an interest therein remains part of the Trust, the scheduled monthly payment of principal and interest deemed to be due in respect thereof on such Due Date equal to the Scheduled Payment (or, in the case of a Balloon Mortgage Loan described in clause (i) of this definition, the Assumed Scheduled Payment) that was due in respect of the related Mortgage Loan on the last Due Date prior to its becoming an REO Mortgage Loan. The amount of the Assumed Scheduled Payment for any A Note shall be calculated solely by reference to the terms of such A Note (as modified in connection with any bankruptcy or similar proceeding involving the related Mortgagor or pursuant to a modification, waiver or amendment of such Mortgage Loan granted or agreed to by the Master Servicer or the Special Servicer pursuant to the terms hereof) and without regard to the remittance provisions of the related Intercreditor Agreement.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Expected Principal Payment Date means April 15, 2010.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in January 2026.

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Assumed Interest Amount With respect to any Distribution Date and Class of Subordinated Certificates, one month's interest accrued during the related Interest Accrual Period at the Pass-Through Rate for such Class on the applicable Assumed Balance immediately prior to that Distribution Date.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in February 2028.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.