Deferred Assignment Effective Date definition
Deferred Assignment Effective Date means, with respect to any Participated Loan, the effective date of the assignment of such Participated Loans from the Originator to the Trust Depositor and from the Trust Depositor to the Issuer, which shall in no event be a date later than 60 calendar days after the Closing Date or, with respect to any Additional Loan or Substitute Loan, the Cut-Off Date with respect thereto.