Early Termination Notice Date definition

Early Termination Notice Date. Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans remaining in the Trust is less than 1.0% of the aggregate Stated Principal Balance of all of the Mortgage Loans as of the Cut-off Date.
Early Termination Notice Date. Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans (including REO Mortgage Loans) is less than 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool initially included in the Trust Fund.
Early Termination Notice Date. Any date as of which the Stated Principal Balance of the Trust Loan is less than 1.0% of the Stated Principal Balance of the Trust Loan as of the Cut-off Date.

More Definitions of Early Termination Notice Date

Early Termination Notice Date. Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans remaining in the Trust is less than 1.0% of the aggregate Stated Pool Balance of the Mortgage Loans and the Trust Subordinate Companion Loan as of the Cut-off Date. Solely for purposes of this calculation, if such right is being exercised after April 2029 and the Dollar General Portfolio Mortgage Loan is still an asset of the Trust, then such Mortgage Loan will be excluded from the then aggregate Stated Principal Balance and the aggregate Cut-off Date Principal Balance.
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) and the Trust Subordinate Companion Loans (including successor REO Companion Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Cut-Off Date Balance of the Mortgage Pool and the Trust Subordinate Companion Loans initially included in the Trust Fund.
Early Termination Notice Date. Any date as of which the aggregate Stated Principal Balance of the Mortgage Loans remaining in the Trust is less than the greater of (i) 1.0% of the aggregate Stated Pool Balance of the Mortgage Loans as of the Cut-off Date or (ii) if any of the 181 Fremont Street Mortgage Loan, 636 11th Avenue Mortgage Loan or Marina Heights State Farm Mortgage Loan is an asset of the trust fund, the product of (x) a percentage that is calculated by dividing (A) the sum of the Stated Principal Balance of the 181 Fremont Street Mortgage Loan, 636 11th Avenue Mortgage Loan and/or Marina Heights State Farm Mortgage Loan, that remain outstanding on such Determination Date and 1.0% of the aggregate Stated Pool Balance of the Mortgage Loans as of the Cut-off Date by (B) the aggregate Stated Pool Balance of the Mortgage Loans as of the Cut-off Date and (y) the aggregate Stated Pool Balance of the Mortgage Loans as of the Cut-off Date; provided, however, that this termination right will not be exercisable at the percentage threshold specified in clause (ii) above earlier than the Distribution Date in July 2028.
Early Termination Notice Date. Any Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans and the Trust Subordinate Companion Loan (including REO Loans) remaining in the Trust is less than 1.0% of the aggregate Stated Principal Balance of all of the Mortgage Loans and the Trust Subordinate Companion Loan as of the Cut-off Date.
Early Termination Notice Date. Any date as of which (a) the aggregate Stated Principal Balance of the Mortgage Loans (including successor REO Mortgage Loans with respect thereto) remaining in the Trust Fund is less than (b) 1.0% of the sum of the aggregate Stated Principal Balance of the Mortgage Pool as of the Cut-Off Date (excluding, for the purposes of the calculation in each of clauses (a) and (b) in this definition, the aggregate unpaid principal balances of One Wilshire Mortgage Loan and the Novo Nordisk HQ Mortgage Loan, but only if the right to purchase referred to Section 9.01(c) is exercised after the Distribution Date in May 2032).
Early Termination Notice Date. Any date on which the Pool Principal Balance is less than 10% of the Initial Principal Balance.
Early Termination Notice Date means the date of an Early Termination Notice.