Initial Cut-Off Date definition

Initial Cut-Off Date. With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) July 1, 2005. Initial Cut-off Date Pool Principal Balance: $420,999,176.37.
Initial Cut-Off Date. In the case of any Initial Mortgage Loan, the later of (x) November 1, 2006 and (y) the date of origination of such Mortgage Loan.
Initial Cut-Off Date. November 1, 2002.

Examples of Initial Cut-Off Date in a sentence

  • The Servicer’s appointment as custodian will become effective as of the Initial Cut-Off Date and will continue in full force and effect until terminated pursuant to this Section.

  • Consequently, to the extent that the Seller has received any interest or principal or other income from such Receivables between the close of business on the Initial Cut-Off Date to and including the Closing Date or thereafter the Payment Date immediately following the delivery of the Notice of Sale, the Seller will deal with such amounts in accordance with the Servicing Agreement in the same manner as any other Collections in respect of the Purchased Receivables.

  • References in such Sections to the Initial Mortgage Loans or Mortgage Loans shall be deemed to refer to the Subsequent Mortgage Loans and references to the Initial Cut-Off Date or the Closing Date, as applicable, shall be deemed to refer to the applicable related Subsequent Cut-Off Date or Subsequent Transfer Date, respectively, except that references to 360 days after the Closing Date shall remain unchanged as shall representations made with specific reference to the Initial Mortgage Loans.

  • Such representations, warranties and covenants are made or deemed to be made (x) with respect to the Initial Mortgage Loans, as of the Initial Cut-Off Date and (y) with respect to the Subsequent Mortgage Loans, as of the related Subsequent Cut-Off Date.

  • Within two Business Days after the Initial Closing Date, GMAC shall deliver to the Purchaser all collections on the Receivables in the Accounts in the Pool of Accounts held by GMAC on the Initial Closing Date to the extent such collections would be required to be on deposit on such date if this Agreement and the Trust Sale and Servicing Agreement had been in effect from and after the Initial Cut-Off Date and the Revolving Period had commenced on such date.


More Definitions of Initial Cut-Off Date

Initial Cut-Off Date means the Initial Cut-off Date specified in the Adoption Annex.
Initial Cut-Off Date means the close of business on April 16, 2004.
Initial Cut-Off Date. As defined in the definition of Cut-off Date.
Initial Cut-Off Date means the opening of business on October 24, 2012.
Initial Cut-Off Date. March 1, 2002. Initial Cut-off Date Pool Principal Balance: $707,373,728.93.
Initial Cut-Off Date is defined in the Sale and Servicing Agreement.
Initial Cut-Off Date. With respect to any Initial Mortgage Loan, the Close of Business in New York City on September 1, 2007.