Bid Solicitation Date definition
Bid Solicitation Date. The Remittance Date in each of January, April, July and October commencing on the first January, April, July or October after the Bid Solicitation Commencement Date.
Examples of Bid Solicitation Date in a sentence
In the event that such Advisor advises the Indenture Trustee that it believes that the then current market for home equity loans similar to the Home Equity Loans being offered for auction will not lead to a bid with a minimum price that exceeds the Redemption Price, the Indenture Trustee shall cancel the auction process until the next Bid Solicitation Date.