Initial Optional Notes Purchase Date definition
Initial Optional Notes Purchase Date. The first Payment Date on or after which the aggregate Scheduled Principal Balance of the Mortgage Loans as of the end of the immediately preceding Due Period is equal to or less than 20% of the Cut-off Date Balance.
Initial Optional Notes Purchase Date. As defined in the Indenture.
Examples of Initial Optional Notes Purchase Date in a sentence
On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, ▇▇▇▇▇▇▇▇▇ Mortgage Home Loans Inc.
On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, the Holder of a majority of the Percentage Interest of the Trust Certificate has the assignable option to call all Classes of Notes, in whole but not in part, under Article X of the Indenture.
On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, Thornburg Mortgage Home Loans Inc.