Olympus definition
Examples of Olympus in a sentence
On any Distribution Date on which the aggregate Stated Principal Balance of the Group II Mortgage Loans is less than 5% of the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the Cut-off Date, Olympus will have the option to purchase, in whole, from the Trust Fund all remaining Group II Mortgage Loans and all property acquired in respect of such Mortgage Loans at a purchase price determined as provided in the Agreement.
On any Distribution Date on which the aggregate Stated Principal Balance of the Group I Mortgage Loans is less than 5% of the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the Cut-off Date, Olympus will have the option to purchase, in whole, from the Trust Fund all remaining Group I Mortgage Loans and all property acquired in respect of such Mortgage Loans at a purchase price determined as provided in the Agreement.
On any Distribution Date on which the aggregate Stated Principal Balance of the Mortgage Loans is less than 10% of the Aggregate Loan Balance as of the Cut-off Date, and the amount on deposit in the Prefunding Account on the Closing Date, Olympus will have the option to repurchase, in whole, from the Trust Fund all remaining Mortgage Loans and all property acquired in respect of the Mortgage Loans at a purchase price determined as provided in the Agreement.
On any Distribution Date on which the aggregate Stated Principal Balance of the Group II Mortgage Loans is less than 5% of the aggregate Stated Principal Balance of the Group II Mortgage Loans as of the Cut-off Date, Olympus will have the option to repurchase, in whole, from the Trust Fund all remaining Group II Mortgage Loans and all property acquired in respect of such Mortgage Loans at a purchase price determined as provided in the Agreement.
On any Distribution Date on which the aggregate Stated Principal Balance of the Group I Mortgage Loans is less than 5% of the aggregate Stated Principal Balance of the Group I Mortgage Loans as of the Cut-off Date, Olympus will have the option to repurchase, in whole, from the Trust Fund all remaining Group I Mortgage Loans and all property acquired in respect of such Mortgage Loans at a purchase price determined as provided in the Agreement.