Examples of Closing Date Deposit Amount in a sentence
Please keep in mind that this is a cyclical process, and that all of the specific phases/ strategies listed may not be appropriate for all partnerships - recognizing that there is no “one way” to do CBPR.
Closing Date Deposit Amount: $63.08 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.
With respect to the first Due Period and the first Distribution Date, the Pooling-Tier REMIC-1 WAC Rate shall be reduced by a fraction, the numerator of which is the portion of the Closing Date Deposit Amount and the denominator of which is the portion of the Cut-off Date Pool Principal Balance.
In addition, on the Closing Date, the Seller shall cause to be delivered to the Depositor, for deposit into the Collection Account with respect to the 0 Xxxxxxxxx Xxxxx Mortgage Loan, a Closing Date Deposit Amount equal to thirty-one (31) days of interest on the Cut-off Date Balance of such Mortgage Loan at the related Mortgage Rate.
In addition, on the Closing Date, the Seller shall cause to be delivered to the Depositor, for deposit into the Collection Account with respect to the Concord Xxxxx Mortgage Loan, a Closing Date Deposit Amount equal to thirty-one (31) days of interest on the Cut-off Date Balance of such Mortgage Loan at the related Mortgage Rate.