Origination Period definition

Origination Period means the period that loans financed with the proceeds of qualified mortgage revenue bonds are available for the purchase of single-family housing. The origination period begins when financing actually becomes available to the borrowers for loans.

Origination Period means, with respect to each Series of Bonds, subject to Section 4.09 hereof, the period for the Purchase of Mortgage Loans from the Participants by the Servicer commencing on the related Application Start Date or Conditional Application Start Date and ending on the date (or dates) set forth in the applicable Administrator’s Guidelines, as may be extended pursuant to a Series Indenture; provided that an Origination Period shall end at least 30 days prior to the end of any related Certificate Acquisition Period (unless waived by the related Servicer).

Origination Period means, each calendar week during the period beginning with the week of December 12, 2016, and ending with the week containing the last day of the Commitment Period; provided, that, with respect to the initial First Tier Receivables Pool and Receivables Pool, respectively, the “Origination Period” shall be the period consented to by the Administrative Agent.

Examples of Origination Period in a sentence

• Each Originator hereby agrees to use its best efforts during the Origination Period, to originate and fund Qualified Mortgage Loans in an aggregate principal amount equal to the Reservations of Funds requested by such Originator and granted by the Authority, all upon the terms and conditions as set forth in the Invitation, this Agreement and the Program Guidelines.

• If, during the Origination Period, an Originator is required to repurchase a Mortgage Loan from the Authority pursuant to Section 4.8 hereof, the Authority may reallocate the Reservation of Funds applicable to such Mortgage Loan to other Originators or in such other manner as the Authority may deem appropriate.

• After the Closing Date and during the Origination Period, each Originator shall deliver to the Authority the Mortgage Documents pertaining to each Mortgage Loan which is to be sold by the Originator to the Authority.

• The Participants acknowledge that the Issuer or Servicer may terminate any Origination Period at any time upon written notice to Participants if the Trustee, the Issuer or the Certificate Purchaser if other than the Trustee or Issuer, fails to purchase GNMA Certificates, Xxxxxxx Mac Securities or Xxxxxx Xxx Securities in accordance with the Servicing Agreement.

• In such circumstance, Carvana, the Transferor, the Trust and the Administrative Agent will revisit this Section 3.1(d) to determine if changes thereto are needed to ensure future Receivables Pools and the related CAR 2016-1 Purchased Property are representative of receivables originated by Carvana during the related Origination Period that are eligible to be sold hereunder and that there was no adverse selection pursuant to the Freestyle Selection.

More Definitions of Origination Period

Origination Period means, each calendar week during the period beginning with the week of December 12, 2016 and ending with the week containing the last day of the Commitment Period; provided, that, with respect to (i) the initial First Tier Receivables Pool and Receivables Pool, (ii) any First Tier Receivables Pool and Receivables Pool sold from and including March 7, 2019 to and including April 4, 2019, respectively, and (iii) any First Tier Receivables Pool and Receivables Pool sold on March 20, 2020, and (iv) any other date consented to by the Purchasers in their sole discretion, “Origination Period” shall be the period consented to by the Purchasers.”

Origination Period means the period for the origination of Mortgage Loans hereunder specified in a Commission Notice relating to the applicable Series of Bonds unless extended pursuant to Section 4.11 hereof.

Origination Period means, in respect of any Term Loan Investment Pool, the calendar month (or such other period selected by the Administrative Agent pursuant to Section 1.4) in which any Eligible Receivables allocated to such Term Loan Investment Pool were originated; provided that for the Initial Investment Pool, the Origination Period shall be deemed to be June, 2015.

Origination Period means the period during which the Mortgage Lender may originate and close Mortgage Loans, which Origination Period shall extend from the date of this Origination Agreement until otherwise extended, amended, or terminated in writing by CDA.

Origination Period with respect to any Series of Bonds or Subordinate Obligations shall have the meaning set forth in the applicable Supplemental Indenture.

Origination Period means the period during which the Participants may deliver Loans to the Servicer for purchase, as the same may be extended by the Authority pursuant to the Indenture.

Origination Period means a period beginning on the date this Agreement is executed and delivered and ending on December 31, 2021.