Master Servicer Remittance Date definition

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

Examples of Master Servicer Remittance Date in a sentence

On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2022), pursuant to Section 3.23, the Certificate Administrator shall withdraw from the Interest Reserve Account the aggregate of all Withheld Amounts on deposit therein and shall deposit any such amounts in the Lower-Tier REMIC Distribution Account.

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.

On each Master Servicer Remittance Date, the Certificate Administrator shall determine if the Available Funds for such Distribution Date (determined without regard to the inclusion of any Gain-on-Sale Proceeds therein) would be sufficient to pay all interest and principal due and owing to reimburse all previously allocated Realized Losses reimbursable to the Holders of the Non-VRR Certificates on such Distribution Date pursuant to Section 4.01(b).

On or prior to the Master Servicer Remittance Date in March (or February if the final Distribution Date occurs in such month) of each calendar year (commencing in 2022), the Certificate Administrator shall transfer to the Lower-Tier REMIC Distribution Account the aggregate of all Withheld Amounts on deposit in the Interest Reserve Account.

The Master Servicer shall remit such amounts to which (1) the Junior Noteholders are entitled within one (1) Business Days following the deposit of funds pursuant to the provisions set forth above and (2) the Non-Lead Securitization Noteholders are entitled no later than the Master Servicer Remittance Date under the Servicing Agreement.


More Definitions of Master Servicer Remittance Date

Master Servicer Remittance Date means, for each Distribution Date, the Business Day immediately preceding such Distribution 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 Lead Securitization Servicing Agreement.
Master Servicer Remittance Date. With respect to each Distribution Date, two Business Days immediately preceding such Distribution Date.
Master Servicer Remittance Date. With respect to any Distribution Date, the Business Day prior to such 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 shall have the meaning assigned to such term (or analogous term) in the Lead Securitization Servicing Agreement.