Master Servicer Advance Date definition

Master Servicer Advance Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Sample 1Sample 2Sample 3
Master Servicer Advance Date. As to any Distribution Date, the Business Day immediately preceding such Distribution Date.
Sample 1Sample 2Sample 3
Master Servicer Advance Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day preceding the Distribution Date.
Sample 1Sample 2Sample 3

Examples of Master Servicer Advance Date in a sentence

  • The Master Servicer shall deliver to the Trustee on the related Master Servicer Advance Date an Officer's Certificate of a Servicing Officer indicating the amount of any proposed Advance determined by the Master Servicer to be a Nonrecoverable Advance.

  • If the Master Servicer determines it is required to make an Advance, it shall, on or before the Master Servicer Advance Date, either (i) deposit into the Certificate Account an amount equal to the Advance or (ii) make an appropriate entry in its records relating to the Certificate Account that any Amount Held for Future Distribution has been used by the Master Servicer in discharge of its obligation to make any such Advance.

  • Any funds so applied shall be replaced by the Master Servicer by deposit in the Certificate Account no later than the close of business on the next Master Servicer Advance Date.

  • The Master Servicer shall determine on or before each Master Servicer Advance Date whether it is required to make an Advance pursuant to the definition thereof.

  • If the Trustee receives a Trustee Advance Notice on or before 3:30 P.M., New York time on a Master Servicer Advance Date, the Trustee shall, not later than 3:00 P.M., New York time, on the related Distribution Date, deposit in the Distribution Account an amount equal to the Advance Deficiency identified in such Trustee Advance Notice unless it is prohibited from so doing by applicable law.


More Definitions of Master Servicer Advance Date

Master Servicer Advance Date. As to any Distribution Date, 9:30 a.m. Massachusetts time on the Business Day immediately preceding such Distribution Date.
Sample 1Sample 2Sample 3
Master Servicer Advance Date means as to any Payment Date, [12:30 p.m. Pacific time] on the Business Day immediately preceding such Payment Date.
Sample 1Sample 2
Master Servicer Advance Date. As defined in Section 5.07(a) hereof.
Sample 1Sample 2Sample 3
Master Servicer Advance Date. As defined in Section 4.02.
Sample 1Sample 2
Master Servicer Advance Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date. MBIA: MBIA Insurance Corporation, a subsidiary of MBIA Inc., organized and created under the laws of the State of New York, or any successor thereto.
Sample 1Sample 2
Master Servicer Advance Date means as to any Distribution Date, the Distribution Account Deposit Date prior to such Distribution Date.
Sample 1
Master Servicer Advance Date. Means as to any Distribution Date, 12:30 p.m. Eastern time on the Business Day immediately preceding such Distribution Date.
Sample 1