Final Rated Distribution Date definition
Examples of Final Rated Distribution Date in a sentence
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 9.15 and in any event prior to the Final Rated Distribution Date.
The latest possible maturity date for the REMIC I Interests, the REMIC II Interests and the REMIC III Certificates shall be the Final Rated Distribution Date.
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 8.19(a), and in any event prior to the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1(a)(4)(iii), the "latest possible maturity date" of each REMIC II Regular Interest shall be the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1 (a)(4)(iii), the "latest possible maturity date" of each Class of REMIC III Regular Certificates shall be the Final Rated Distribution Date.
Each Group X-Y REMIC I Regular Interest will have a Pass-Through Rate equal to the related Class X-Y Strip Rate, an initial notional amount equal to the Scheduled Principal Balance as of the Cut-Off Date of the Specially Designated Co-op Loan to which such Group X-Y REMIC I Regular Interest relates, and a latest possible maturity date set to the Final Rated Distribution Date.
Each Group X-Y REMIC I Regular Interest will have a Pass-Through Rate equal to the Class X-Y Strip Rate, an initial notional amount equal to the Scheduled Principal Balance as of the Cut-Off Date of the Specially Designated Co-op Loan to which such Group X-Y REMIC I Regular Interest relates, and a latest possible maturity date set to the Final Rated Distribution Date.
For purposes of Treasury regulation Section 1.860G-1 (a)(4)(iii), the "latest possible maturity date" for each REMIC I Regular Interest shall be the Final Rated Distribution Date.
Tier 2 REMIC shall be terminated on the earlier of (a) the last Final Rated Distribution Date for the Regular Certificates and (b) the date on which the Tier 2 REMIC is deemed to receive the last deemed distributions on the Uncertificated Tier 1 REMIC Regular Interests and the last distribution on the Class R-II Certificate is made.
In the case of REO Property, the Special Servicer shall offer to sell such REO Property no later than the time determined by the Special Servicer to be sufficient to result in the sale of such REO Property on or prior to the date specified in Section 8.31(a) and in any event prior to the Final Rated Distribution Date.