Distribution Account Deposit Date definition

Distribution Account Deposit Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. The Business Day prior to each Distribution Date.
Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the third Business Day immediately preceding such Distribution Date.

Examples of Distribution Account Deposit Date in a sentence

  • With respect to any Mortgage Loan that does not have a first payment date on or before the Due Date in the month of the first Distribution Date, the Seller shall deposit into the Distribution Account on the first Distribution Account Deposit Date an amount equal to one month's interest at the related Adjusted Mortgage Rate on the Cut-off Date Principal Balance of such Mortgage Loan.

  • If the Seller shall fail to deposit such amount by the first Distribution Account Deposit Date, the Trustee shall deposit such amount.

  • On each Distribution Account Deposit Date, the Servicers shall remit to the Securities Administrator for deposit into the Distribution Account, all amounts so required to be deposited into such account in accordance with the terms of the related Purchase and Servicing Agreements.

  • If applicable, on the Distribution Account Deposit Date, the Master Servicer shall deliver an Officer’s Certificate to the Trust Administrator stating that the Master Servicer elects not to make an Advance in a stated amount and detailing the reason(s) it deems the Advance to be a Nonrecoverable Advance.

  • Both of these developments lowered the cost of vertically integrating into sales.On the other hand, a large number of manufacturers continued to distribute their goods through selling agents.


More Definitions of Distribution Account Deposit Date

Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the second Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. Two Business Days prior to each Distribution Date.
Distribution Account Deposit Date. With respect to each Servicer, not later than 1:00 p.m., New York time, on 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, either the immediately preceding or immediately following Business Day, as set forth in the related Acknowledgement, commencing in July 2007.
Distribution Account Deposit Date. The 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, the immediately preceding Business Day, commencing in December 2004.
Distribution Account Deposit Date. As to any Distribution Date, on or before 1:00 p.m. Central time on the Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. As to any Distribution Date, on or before 3:00 p.m. Eastern time on the Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. As to any Distribution Date, one Business Day prior to such Distribution Date. Distribution Date: Commencing in January 2007, the Distribution Date shall be the 25th day of each calendar month, or if such 25th day is not a Business Day, the next succeeding Business Day.