Desired Funding Date definition

Desired Funding Date. The Business Day indicated by the related Seller on the Closing Loan Purchase Detail, on which such Seller desires Purchaser to purchase a Mortgage Loan via a Wet Funding or a Dry Funding or the Business Day indicated by such Seller on the Rewarehousing Loan Purchase Detail, on which such Seller desires Purchaser to purchase a Mortgage Loan via a Dry Funding.
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Desired Funding Date means, with respect to REIT Mortgage Loans, the Business Day indicated by the REIT Sub-Trust on the related Wet-Ink Funding Detail or Loan Purchase Detail, as applicable, on which the REIT Sub-Trust desires to pledge a Mortgage Loan, and with respect to TRS Mortgage Loans, the Business Day indicated by the TRS Sub-Trust on the Closing Loan Purchase Detail, on which the TRS Sub-Trust desires UBS to purchase a Mortgage Loan via a Wet Funding or a Dry Funding or the Business Day indicated by the TRS Sub-Trust on the Rewarehousing Loan Purchase Detail, on which the TRS Sub-Trust desires UBS to purchase a Mortgage Loan via a Dry Funding.
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Related to Desired Funding Date

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Closing Date Term Loan has the meaning specified in Section 2.01(a).

  • Delayed Draw Funding Date means the date occurring on or after the Effective Date upon which all of the conditions to funding the Delayed Draw Term Loan set forth in Section 6.02 are satisfied and the Delayed Draw Term Loan is funded.

  • Funding Date is any date on which a Credit Extension is made to or for the account of Borrower which shall be a Business Day.

  • Closing Date Term Loan Commitment means the commitment of each Lender to make Term Loans on the Closing Date hereunder in an aggregate principal amount not to exceed the amount set forth under the heading “Closing Date Term Loan Commitment” opposite its name in Schedule 2.01 hereto. The aggregate amount of the Closing Date Term Loan Commitments as of the Closing Date is $1,150,000,000.

  • Incremental Facility Closing Date has the meaning set forth in Section 2.14(d).

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Refunding Date as defined in Section 2.7.

  • Accumulated Funding Deficiency has the meaning ascribed to that term in Section 302 of ERISA.

  • ERISA Funding Rules means the rules regarding minimum required contributions (including any installment payment thereof) to Title IV Plans, as set forth in Sections 412, 430, 431, 432 and 436 of the Code and Sections 302, 303, 304 and 305 of ERISA.

  • Loan Closing Date means the date upon which the Loan is made to the Company.

  • Aggregate Term Loan Commitment means the combined Term Loan Commitments of the Lenders, which shall initially be in the amount of $50,000,000, as such amount may be reduced from time to time pursuant to this Agreement.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Initial Extension of Credit means the earlier to occur of the initial Borrowing and the initial issuance of a Letter of Credit hereunder.

  • Initial Term Loan Facility means the Initial Term Loan Commitments and the provisions herein related to the Initial Term Loans.

  • Term Loan Extension Request has the meaning set forth in Section 2.16(a).

  • Maturity Date Extension Request means a request by the Borrower, in the form of Exhibit G hereto or such other form as shall be approved by the Administrative Agent, for the extension of the Maturity Date pursuant to Section 2.20.

  • Delayed Draw Term Loan Commitment Termination Date means the earliest to occur of (i) December 31, 2008, (ii) the date the Delayed Draw Term Loan Commitments are permanently reduced to zero pursuant to Section 2.1, and (iii) the date of the termination of the Delayed Draw Term Loan Commitments pursuant to Section 11.1.

  • Funding Default as defined in Section 2.21.

  • ABR Term Loan means any Term Loan bearing interest at a rate determined by reference to the ABR in accordance with the provisions of Article II.

  • Incremental Facility has the meaning specified in Section 2.16(a).

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Incremental Term Loan Borrowing Date means, with respect to each Class of Incremental Term Loans, each date on which Incremental Term Loans of such Class are incurred pursuant to Section 2.01(b) and as otherwise specified in any amendment providing for Incremental Term Loans in accordance with Section 2.22.