Cut-Off Date Aggregate Principal Balance definition

Cut-Off Date Aggregate Principal Balance. The aggregate of the Cut-Off Date Principal Balances of the Mortgage Loans is as set forth in Section 11.03.
Cut-Off Date Aggregate Principal Balance. The aggregate of the Cut-off Date Principal Balances of the Mortgage Loans.
Cut-Off Date Aggregate Principal Balance. With respect to the Mortgage Loans in the Trust Fund on the Closing Date, the Aggregate Principal Balance for all such Mortgage Loans as of the Cut-off Date.

Examples of Cut-Off Date Aggregate Principal Balance in a sentence

  • The exercise of such option will effect early retirement of the Certificates, the Seller's right to exercise such option being subject to the Pool Scheduled Principal Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of such repurchase are distributed being less than ten percent of the Cut-Off Date Aggregate Principal Balance.

  • The exercise of such option will effect early retirement of the Certificates, the Depositor's right to exercise such option being subject to the Pool Scheduled Principal Balance of the Mortgage Loans as of the Distribution Date upon which the proceeds of such repurchase are distributed being less than ten percent of the Cut-Off Date Aggregate Principal Balance.

  • The Seller shall be entitled, at its option, to repurchase any defaulted Mortgage Loan or any Mortgage Loan as to which default is reasonably foreseeable from the Trust Estate if, in the Seller's judgment, the default is not likely to be cured by the Mortgagor; provided, however, that the Cut-Off Date Principal Balances of the Mortgage Loans repurchased pursuant to this provision shall not exceed 2.5% of the Cut-Off Date Aggregate Principal Balance of the Mortgage Loans.

  • Section 11.02 Cut-Off Date Aggregate Principal Balance.....................

  • Section 11.02 Cut-Off Date Aggregate Principal Balance......................


More Definitions of Cut-Off Date Aggregate Principal Balance

Cut-Off Date Aggregate Principal Balance. With respect to the Mortgage Pool, the aggregate of the Cut-off Date Principal Balances of the Mortgage Loans of $1,888,825,898 consisting of $1,040,880,343 related to Group I and $847,945,555 related to Group II.
Cut-Off Date Aggregate Principal Balance means the aggregate unpaid principal balance of the Mortgage Loans as of the Cut-Off Date (or, with respect to Mortgage Loans which were originated after the Cut-Off Date, as of the date of origination). The Cut-Off Date Aggregate Principal Balance is $275,000,025.80.
Cut-Off Date Aggregate Principal Balance means $1,500,000,000, the Aggregate Principal Balance as of the Cut-Off Date.
Cut-Off Date Aggregate Principal Balance. With respect to each Loan Group or all Loan Groups, the aggregate of the Cut-Off Date Principal Balance of the Mortgage Loans in such Loan Group or both Loan Groups, as required by the context. The Cut-Off Date Aggregate Principal Balance of the Mortgage Loans for the Trust is $406,425,083.86. The Cut-Off Date Aggregate Principal Balance for the Mortgage Loans in Loan Group 1, Loan Group 2 and Loan Group 3 is $134,000,983.34, $187,542,191.98 and $84,881,908.52, respectively.
Cut-Off Date Aggregate Principal Balance. Not applicable.
Cut-Off Date Aggregate Principal Balance has the meaning specified in the Sale and Servicing Agreement.
Cut-Off Date Aggregate Principal Balance. With respect to the Mortgage Pool, the aggregate of the Cut-off Date Principal Balances of the Initial Mortgage Loans of $403,959,621.37.