Cutoff Date definition

Cutoff Date means the Statistical Cutoff Date, the Initial Cutoff Date and any Subsequent Cutoff Date, as applicable.

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Cutoff Date means the close of business on August 31, 2024.

Cutoff Date means [ ].

Examples of Cutoff Date in a sentence

Each Receivable complied at the time it was originated or made, and at the Cutoff Date complies, in all material respects with all requirements of applicable federal, State and, to the best knowledge of the Seller, local laws, rulings and regulations thereunder (including usury laws).
Each Receivable had an original term to maturity (based on the original number of Monthly Payments) of not more than 72 months and not less than 24 months and a remaining term to maturity (based on the number of remaining Monthly Payments) as of the Cutoff Date of not more than 71 months and not less than 3 months.
To the best of the Seller’s knowledge, at the Cutoff Date, no Obligor is the subject of a bankruptcy Proceeding.
On or prior to the Cutoff Date, no Financed Vehicle has been repossessed.
As of the Cutoff Date, each Receivable had a remaining Principal Balance of not more than $220,000.00 and not less than $2,000.00.

More Definitions of Cutoff Date

Cutoff Date means either or both (as the context may require) the Initial Cutoff Date and any Subsequent Cutoff Date.

Cutoff Date means (a) the Initial Cutoff Date with respect to the Initial Trust Student Loans and (b) the applicable Subsequent Cutoff Date with respect to the related Additional Trust Student Loan or Substituted Trust Student Loan.

Cutoff Date means the close of business on September 30, 2022.

Cutoff Date means the close of business on [________], 20[__].

Cutoff Date means the close of business on February 28, 2025.

Cutoff Date means the Payment Cutoff Date, and with respect to substitutions hereunder, a date agreed to by the Seller and the Purchaser to use in determining the Principal Balance and accrued interest to be capitalized for purposes of completing the Loan Transmittal Summary Form.

Cutoff Date means the close of business on July 31, 2021.