Home Eligibility Date definition

Home Eligibility Date means, with respect to each Home and Lot included as Eligible Property, the date on which that Home is first included in Eligible Property as a Home pursuant to this Agreement, as reflected on the Borrowing Availability Report, and regardless of whether periods exist during which such Home is not included as Eligible Property.
Sample 1

Examples of Home Eligibility Date in a sentence

  • Upon the conversion of any Lot to either a Model, Spec or Sold Home, such converted Home and Lot shall be included in Eligible Property for an additional period commencing on the Home Eligibility Date and ending on the applicable Home Initial Due Date for each said Model, Spec or Sold Home as set forth in Section 5.1.3 below.

  • Each Spec or Sold Home and Lot shall be included in Eligible Property for the period commencing on the applicable Home Eligibility Date and ending on the applicable Home Initial Due Date for each said Spec or Sold Home and Lot, unless Agent, in its sole and absolute discretion, elects to extend said Home Initial Due Date.

  • Each Model Home and Lot shall be included in Eligible Property for the period commencing on the applicable Home Eligibility Date and ending on the applicable Home Initial Due Date for each said Model Home and Lot, unless Agent, in its sole and absolute discretion, elects to extend said Home Initial Due Date.

  • Likewise, on each Home Eligibility Date for Lots and Homes in a Project to be included hereunder, Borrower agrees to pay the applicable Commitment Fees with respect to said Lots and Homes (less any Commitment Fees already paid for said Lots upon the inclusion of such Lots in the Eligible Property).

  • The guarantee shall be binding on all agents, successors and assignees of the contractor and subcontractor.

Related to Home Eligibility Date

  • Eligibility Date means, with respect to each Borrower and Guarantor and each Swap, the date on which this Agreement or any Other Document becomes effective with respect to such Swap (for the avoidance of doubt, the Eligibility Date shall be the Effective Date of such Swap if this Agreement or any Other Document is then in effect with respect to such Borrower or Guarantor, and otherwise it shall be the Effective Date of this Agreement and/or such Other Document(s) to which such Borrower or Guarantor is a party).

  • Disability Date means the date on which a Participant is deemed disabled under the employee benefit plans of the Corporation applicable to the Participant.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Premium Termination Date With respect to the Series A Certificates, the scheduled maturity date of the Series A Certificates, with respect to the Series B Certificates, the scheduled maturity date of the Series B Certificates and with respect to the Series C Certificates, the scheduled maturity date of the Series C Certificates.

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Purchase Termination Date means the date upon which the Transferor shall cease, for any reason whatsoever, to make purchases of Receivables from the Seller under the Receivables Purchase Agreement or the Receivables Purchase Agreement shall terminate for any reason whatsoever.

  • Optional Termination Date Any Distribution Date on or after which the Stated Principal Balance (after giving effect to distributions to be made on such Distribution Date) of the Mortgage Loans is less than 10.00% of the Cut-off Date Balance.

  • Offering Termination Date means the last day of each March, June, September and December following an Offering Commencement Date, or such other Offering Termination Date established in connection with a Terminating Event.

  • Disability Retirement Date means the first day of the month following the last day of paid employment;

  • Availability Termination Date the earlier of (i) the date that is the seventh anniversary of the Closing Date and (ii) the date on which the Administrative Agent delivers to the Servicer a notice of termination as a result of a Termination Event in accordance herewith (or the date on which such termination becomes effective automatically pursuant to Section 7).

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Aggregate Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Administrative Agent and the L/C Issuer shall have been made).

  • Initial Optional Termination Date The first Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is equal to or less than 10% of the aggregate Stated Principal Balance of the Mortgage Loans as of the Cut-off Date.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Loan Termination Date means the earliest to occur of the following: (i) as to TERM NOTE 2, TERM NOTE 4, and TERM NOTE 5, September 1, 2011; as to the REVOLVING NOTE, April 21, 2006; (ii) the date the OBLIGATIONS are accelerated pursuant to this AGREEMENT, and (iii) the date BANK receives (a) notice in writing from BORROWER of BORROWER’S election to terminate this AGREEMENT and (b) indefeasible payment in full of the OBLIGATIONS.

  • Liquidity Termination Date means the earlier to occur of the following:

  • Accrual Termination Date Not applicable.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Waiver eligibility span means the twelve-month period following either an individual's initial waiver enrollment date or a subsequent eligibility re- determination date.

  • Deferred Retirement Date means, in the case of any Participant who continues in employment after his Normal Retirement Date, the first day of any month following his actual retirement.

  • Scheduled Termination Date means the date that is 364 days from (and including) the Effective Date, or any succeeding date to which the term of this Agreement is extended pursuant to Section 2.03.

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibility conditions listed in Clause [5] of the Tender Document.

  • Normal Retirement Date means the later of the Normal Retirement Age or Termination of Employment.

  • Outside Termination Date shall have the meaning set forth in Section 8.01(f).

  • Election Date has the meaning specified in Section 312(h).

  • Early Termination Date means the date determined in accordance with Section 6(a) or 6(b)(iv).

  • Early Retirement Date means the Retirement, as defined below, of the Executive on a date which occurs prior to the Executive attaining sixty-two (62) years of age, but after the Executive has attained fifty-five (55) years of age.