Post-Closing Adjustment Amount has the meaning set forth in Section 2.2(a).
Closing Date Purchase Price shall have the meaning set forth in Section 2.1 hereof.
Closing Adjustment Amount shall have the meaning set forth in Section 3.2(c).
Interest Adjustment Date With respect to a Mortgage Loan, the date, if any, specified in the related Mortgage Note on which the Mortgage Interest Rate is subject to adjustment.
Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.
Initial Adjustment Date As to any Adjustable Rate Mortgage Loan, the first Adjustment Date following the origination of such Mortgage Loan.
Estimated Closing Date Balance Sheet shall have the meaning set forth in Section 2.3(a) hereof.
Post-Closing Adjustment has the meaning set forth in Section 2.04(b)(ii).
Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.
Scheduled Closing Date Has the meaning specified in the Note Purchase Agreement.
Closing Date Payment has the meaning set forth in Section 2.04(a)(i).
Final Adjustment Amount shall have the meaning set forth in Section 2.5(e).
Class A-2 Final Scheduled Payment Date means the Payment Date occurring in February 2020.
Net Adjustment Amount means an amount, which may be positive or negative, equal to the Closing Net Working Capital as finally determined pursuant to this Section 2.9 minus the Preliminary Net Working Capital as set forth on the Preliminary Closing Statement;
Closing Payment Amount shall have the meaning set forth in Section 3.1(a).
Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.
Class A-1 Final Scheduled Distribution Date means the Distribution Date.
Closing Date Cash means Company Cash as of 11:59 P.M. on the date immediately prior to the Closing Date.
Class A-2 Final Scheduled Distribution Date means the Distribution Date.
Adjustment Amount For any Distribution Date, the difference between (A) the sum of the Class A Principal Balance and the Class B Principal Balance as of the related Determination Date and (B) the sum of (i) the sum of the Class A Principal Balance and the Class B Principal Balance as of the Determination Date succeeding such Distribution Date and (ii) the aggregate amount that would have been distributed to all Classes as principal in accordance with Section 4.01(a) for such Distribution Date without regard to the provisos in the definitions of Class B-1 Optimal Principal Amount, Class B-2 Optimal Principal Amount, Class B-3 Optimal Principal Amount, Class B-4 Optimal Principal Amount, Class B-5 Optimal Principal Amount and Class B-6 Optimal Principal Amount.
Class D Final Scheduled Payment Date means the Payment Date occurring in April 2021.
Assumed Final Distribution Date The Distribution Date in July 2036.
Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.
Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.
Net Working Capital Adjustment Amount means an amount (which may be a positive or negative number) equal to (a) the Closing Date Net Working Capital minus (b) the Target Net Working Capital.
Purchase Price Adjustment Escrow Amount means $3,000,000.