Bankruptcy Coverage Termination Date. The point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.
Bankruptcy Coverage Termination Date. The date on which the Bankruptcy Loss Coverage Amount is reduced to zero.
Bankruptcy Coverage Termination Date. With respect to any Loan Group, the point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.
Examples of Bankruptcy Coverage Termination Date in a sentence
The Bankruptcy Loss Limit for each Mortgage Pool will be reduced, from time to time, by the amount of Bankruptcy Losses allocated to the Certificates until the Bankruptcy Coverage Termination Date.
Bankruptcy Coverage Termination Date: With respect to any Group, the point in time at which the Bankruptcy Loss Coverage Amount is reduced to zero.
More Definitions of Bankruptcy Coverage Termination Date
Bankruptcy Coverage Termination Date. With respect to any Mortgage Pool, the Distribution Date on which the Bankruptcy Loss Limit has been reduced to zero (or less than zero).
Bankruptcy Coverage Termination Date. The Distribution Date upon which the Bankruptcy Loss Amount has been reduced to zero or a negative number (or the Cross-Over Date, if earlier).
Bankruptcy Coverage Termination Date. Not applicable.
Bankruptcy Coverage Termination Date. The Distribution Date on which the Bankruptcy Loss Limit has been reduced to zero (or less than zero).
Bankruptcy Coverage Termination Date. The point in time at which the Bankruptcy Loss Coverage Amount has been reduced to zero.
Bankruptcy Coverage Termination Date. As to either Certificate Group, the point in time at which the related Bankruptcy Loss Coverage Amount is reduced to zero.
Bankruptcy Coverage Termination Date. With respect to each Bankruptcy Loss Coverage Amount, the point in time at which such Bankruptcy Loss Coverage Amount is reduced to zero.