Monthly Reporting Period definition

Monthly Reporting Period. The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of:

Monthly Reporting Period. The period during which servicers report Mortgage payments to the Administrator, generally consisting of the calendar month preceding the related Payment Date for Gold PCs and the second calendar month preceding the related Payment Date for ARM PCs, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement; provided, however, that with respect to prepayments on PCs issued before September 1, 1995, the Monthly Reporting Period generally is from the 16th of a month through the 15th of the next month. Moody’s: Xxxxx’x Investors Service, Inc., or any successor thereto.

Monthly Reporting Period means any Level 1 Ratings Period.

Examples of Monthly Reporting Period in a sentence

• For purposes of this Agreement with respect to any PC Pool, any payment or any event with respect to any Mortgage included in such PC Pool that is reported to the Administrator by the related servicer as having been made or having occurred within a Monthly Reporting Period shall be deemed to have been received by the Administrator or to have in fact occurred within such Monthly Reporting Period used by the Administrator for such purposes.

• For purposes of this Agreement with respect to any Pool, any payment or any event with respect to any Mortgage included in such Pool that is reported to the Administrator by the related servicer as having been made or having occurred within a Monthly Reporting Period shall be deemed to have been received by the Administrator or to have in fact occurred within such Monthly Reporting Period used by the Administrator for such purposes.

• The Loan Age is derived in the Single Family Loan-Level Dataset by subtracting the Monthly Reporting Period from the note origination month, which is not disclosed, and then by subtracting one more month.

• For purposes of this Agreement, any payment or any event with respect to any Mortgage reported to Xxxxxxx Mac by the related servicer as having been made or having occurred within a Monthly Reporting Period will be deemed to have been received by Xxxxxxx Mac or to have in fact occurred within such Monthly Reporting Period used by Xxxxxxx Mac for such purposes.

• The reason for loan inactivity will be indicated by the value in the Zero Balance Code field, which is set during the Monthly Reporting Period corresponding to the Zero Balance Effective Date.

More Definitions of Monthly Reporting Period

Monthly Reporting Period means, as of any date of determination, the calendar month immediately preceding such date of determination. For example, if the date of determination is August 9, 2008, (i) the immediately preceding Monthly Reporting Period is the period commencing on July 1, 2008 and ending on July 31, 2008, (ii) the then current Monthly Reporting Period is the period commencing on August 1, 2008 and ending on August 31, 2008 and (iii) the immediately succeeding Monthly Reporting Period is the period commencing on September 1, 2008 and ending on September 30, 2008.

Monthly Reporting Period means any period other than a Weekly Reporting Period.

Monthly Reporting Period. The 26th day of the previous calendar month to the 25th day of the current calendar month.

Monthly Reporting Period means each period from and including a Monthly Date to but excluding the next succeeding Monthly Date, provided that (a) the first Monthly Reporting Period shall commence on and include the date hereof and end on but exclude the Monthly Date occurring in November 2012 and (b) the final Monthly Reporting Period shall end on the Maturity Date.

Monthly Reporting Period means any period (a) commencing on the date on which Excess Availability has been less than the greater of (i) $25,000,000 and (ii) 70% of Availability for three consecutive Business Days, and (b) ending on the first date thereafter on which Excess Availability has been equal to or greater than the greater of (i) $25,000,000 or (B) 70% of Availability for 30 consecutive days.

Monthly Reporting Period means each period commencing when the Borrowers have failed to maintain an Excess Availability Percentage at least equal to twelve and a half percent (12.5%) for at least five (5) consecutive Business Days and ending on the first date thereafter when the Borrowers have maintained an Excess Availability Percentage at least equal to twelve and a half percent (12.5%) for five (5) consecutive Business Days.

Monthly Reporting Period. The period during which servicers report Mortgage payments to the Administrator, generally consisting of the calendar month preceding the related Payment Date for Gold PCs and the second calendar month preceding the related Payment Date for ARM PCs, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement; provided, however, that with respect to prepayments on PCs issued before September 1, 1995, the Monthly Reporting Period generally is from the 16th of a month through the 15th of the next month.