Master Servicer Remittance Date definition

Master Servicer Remittance Date. With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

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Master Servicer Remittance Date means:

Master Servicer Remittance Date shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

Examples of Master Servicer Remittance Date in a sentence

• The Certificate Administrator shall notify the Master Servicer (and, unless the Certificate Administrator is the Back-Up Advancing Agent, shall also notify the Back-Up Advancing Agent) by telephone if as of 3:00 p.m., New York City time, on the Master Servicer Remittance Date, the Certificate Administrator has not received the amount of a P&I Advance required to be made by the Master Servicer hereunder.

• On the related Master Servicer Remittance Date, the Master Servicer shall remit the Excess Liquidation Proceeds received from the Special Servicer pursuant to the immediately preceding sentence to the Certificate Administrator for deposit in the Excess Liquidation Proceeds Reserve Account.

• Prior to the applicable Distribution Date, the Master Servicer shall withdraw from the Collection Account and remit to the Certificate Administrator on the applicable Master Servicer Remittance Date for deposit in the Loan REMIC Residual Distribution Account amounts deemed distributed on the Loan REMIC Residual Interest from the Loan REMIC pursuant to the related REMIC Declaration prior to the Determination Date for the applicable Collection Period.

• On each Master Servicer Remittance Date, the Certificate Administrator shall withdraw from the Excess Liquidation Proceeds Reserve Account and deposit in the Lower-Tier REMIC Distribution Account any Excess Liquidation Proceeds required to be so transferred pursuant to Section 4.01(e) of this Agreement.

• The Special Servicer shall withdraw from each applicable REO Account and remit to the Master Servicer for deposit into the Collection Account on a monthly basis prior to the related Master Servicer Remittance Date the Excess Liquidation Proceeds received or collected from each REO Property during the related Collection Period, along with a notation of the amount of such Excess Liquidation Proceeds in the CREFC® REO Liquidation Report.

More Definitions of Master Servicer Remittance Date

Master Servicer Remittance Date. With respect to any Distribution Date, 3:00 p.m. New York time on the last Business Day preceding the related Distribution Date.

Master Servicer Remittance Date shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.

Master Servicer Remittance Date means, with respect to each Non-Lead Note, (i) prior to the related Non-Lead Securitization, the “master servicer remittance date” as such term is defined in the applicable Servicing Agreement, and (ii) from and after the related Non-Lead Securitization, the earlier of (x) the “master servicer remittance date” as such term is defined in the Lead Securitization Servicing Agreement, and (y) the Business Day following the related Non-Lead Securitization Determination Date, in each case above in this definition as long as such date is at least one Business Day after the Monthly Payment Date (as defined in the Loan Agreement). For the avoidance of doubt, any late collections received by the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master Servicer in accordance with Section 18(b)(x) below.

Master Servicer Remittance Date. With respect to any Distribution Date, 3:00 p.m. New York time on the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately succeeding such 18th day.

Master Servicer Remittance Date means, with respect to each Non-Lead Note, (i) prior to the related Non-Lead Securitization of such Non-Lead Note, the “master servicer remittance date” as such term is defined in the applicable Servicing Agreement, and (ii) from and after the related Non-Lead Securitization of such Non-Lead Note, the earlier of (x) the “master servicer remittance date” as such term is defined in the Lead Securitization Servicing Agreement, and (y) the Business Day following the applicable Non-Lead Securitization Determination Date for such Non-Lead Note (in the case of clauses (i) and (ii), as long as such date is at least one Business Day after the Monthly Payment Date (as defined in the Loan Agreement)). For the avoidance of doubt, any late collections received by the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master Servicer in accordance with Section 18(b)(xi) below.

Master Servicer Remittance Date. With respect to each Distribution Date, three Business Days immediately preceding such Distribution Date.

Master Servicer Remittance Date. With respect to any Distribution Date, 12:00 p.m. New York time on the Business Day preceding the Distribution Date or if the Collection Account is held at Citibank (for so long as Citibank is the Paying Agent), 12:00 p.m. New York time on the Distribution Date.