Distribution Dates definition

Distribution Dates. The 25th day of each month or, if such 25th day is not a business day, the next succeeding business day beginning in ___________, _____. Certificate Rating for the Certificates Being Purchased by the Underwriter: Class Ratings S&P Xxxxx’x Fitch

Distribution Dates means July 15, 1997, October 15, 1997, January 15, 1998 and on or about May 8, 1998 and such other date as the Depositor may direct.

Distribution Dates. The 25th day of each month or, if such 25th day is not a business day, the next succeeding business day beginning in October 2006. Certificate Rating for the Certificates Being Purchased by the Underwriter: Class Standard & Poor’s Rating Xxxxx’x Rating A AAA Aaa M-1 AA+ Aaa M-2 AA Aa2 M-3 AA- Aa3 M-4 A+ A1 X-0 X X0 X-0 X- X0 X-0 BBB+ Baa1 B-2 BBB Baa2 B-3 BBB- Baa3 Mortgage Assets: The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

Examples of Distribution Dates in a sentence

• The beneficial ownership interest of the Lower Tier REMIC shall be evidenced by the interests having the designations, original Class Balances, Interest Rates and Final Distribution Dates set forth on the Lower Tier Schedule.

• The Class A Invested Amount on any date will be an amount equal to (a) the Class A Initial Invested Amount, minus (b) the aggregate amount of principal payments made to the Class A Certificateholder on or prior to such date, minus (c) the excess, if any, of the aggregate amount of Class A Investor Charge-Offs for all prior Distribution Dates over Class A Investor Charge-Offs reimbursed pursuant to subsection 4.07(b) of the Supplement prior to such date.

• The amount of distribution to Class A Certificateholders on the related Distribution Dates.

• The information which is required to be prepared with respect to such Distribution Dates related to the period mentioned above is set forth below.

• If for one or more months during the Controlled Accumulation Period there are not sufficient funds to pay the Controlled Deposit Amount, then to the extent that excess funds are not available on subsequent Distribution Dates with respect to the Controlled Accumulation Period to make up for such shortfalls, the final payment of principal of the Class A Certificates will occur later than the Expected Final Payment Date.

More Definitions of Distribution Dates

Distribution Dates. Each Distribution Date shall be the 15th day of each month, or if such day is not a business day, on the next succeeding business day, commencing in July.

Distribution Dates means collectively, the First Distribution Date, any Subsequent Distribution Date and the Final Distribution Date.

Distribution Dates means the “Distribution Dates” set forth under “Essential Information” in the Prospectus for the Series 2 of Trust.

Distribution Dates. The 25th of each month, or if such day is not a business day, on the next business day, beginning June 25, 2003.

Distribution Dates. The 25th of each month, or if such day is not a business day, on the next business day, beginning November 25, 2003.

Distribution Dates. Each Distribution Date shall be the [____] day of each month, or if such day is not a business day, on the next succeeding business day, commencing in __________ 199__.

Distribution Dates means the dates fixed by the Collateral Agent (the first of which shall occur within 90 days after receipt of a Notice of Actionable Default that has not theretofore been withdrawn and the balance of which shall be monthly thereafter) for the distribution of all moneys held by the Collateral Agent in the Trust Account.