Permitted Release Date definition

Permitted Release Date means the date that is the earlier of (a) three (3) years from the Closing Date, or (b) two (2) years from the “start up day” within the meaning of Section 860G(a)(9) of the Code of the REMIC Trust established in connection with the last Securitization involving any portion of the Loan.
Sample 1Sample 2Sample 3
Permitted Release Date means the date that is the third (3rd) anniversary of the first Payment Date.
Sample 1Sample 2Sample 3
Permitted Release Date means the earlier to occur of (i) the third (3rd) anniversary of the first (1st) Monthly Payment Date and (ii) the Defeasance Lockout Expiration Date.
Sample 1Sample 2Sample 3

Examples of Permitted Release Date in a sentence

  • If the Permitted Release Date has occurred but the Defeasance Expiration Date has not occurred, the Debt may be prepaid in whole (but not in part) prior to the date permitted under Section 2.4.1 hereof upon not less than thirty (30) days prior written notice to Lender specifying the Payment Date on which prepayment is to be made (a “Prepayment Date”) provided no Event of Default exists and upon payment of an amount equal to the Yield Maintenance Premium.

  • Borrower shall have the right at any time during the period, if any, following the occurrence of the Permitted Release Date until the Permitted Defeasance Date (hereinafter defined), to prepay the Debt in whole (but not in part) upon not less than thirty (30) days and not more than ninety (90) days prior written notice to Lender specifying the projected date of prepayment and upon payment of an amount equal to the Yield Maintenance Premium.

  • In addition to the foregoing, if any such payment is made prior to the Permitted Release Date, Borrower shall also pay an amount equal to two percent (2%) of the outstanding principal amount of the Loan to be prepaid or satisfied.

  • Year Built: 2007 Beds:5Baths:3Basement: N/A$/SF:$103Pool:NHeating: N/AA/C:N/AGarage:N/AFireplace: Y $385,000 Sold: 12/20/2022 DOM: 178 Days 6 1524 ERNEST RD, YORK, SC 29745 0.93 miles away Sq.Ft.: 2090 Lot Size: 13.58 AC.

  • Epidemiology, clinical manifestation, immunological and neuroendocrine disturbances proliferation and hair pigmentation.


More Definitions of Permitted Release Date

Permitted Release Date means the date that is the earlier of (a) three (3) years from the Closing Date or (b) two (2) years from the "startup day" within the meaning of Section 860G(a)(9) of the Code of the REMIC Trust.
Sample 1Sample 2Sample 3
Permitted Release Date means the date that is the third (3rd) anniversary of the first (1st) Monthly Payment Date.
Sample 1Sample 2Sample 3
Permitted Release Date means the date that is the fourth (4th) anniversary of the first Payment Date.
Sample 1Sample 2Sample 3
Permitted Release Date means the date that is the earlier of (i) the date that is the fourth (4th) anniversary of the First Payment Date, or (ii) the date that is two (2) years from the “startup day” within the meaning of Section 860G(a)(9) of the Code for the REMIC which holds the portion of the Note last contributed to a Securitization.
Sample 1Sample 2Sample 3
Permitted Release Date means the first to occur of (a) the date ---------------------- that is two (2) years from the "startup day" within the meaning of Section 860G(a)(9) of the Code of the REMIC Trust and (b) the date that is four (4) years from the date hereof.
Sample 1Sample 2Sample 3
Permitted Release Date. Scheduled Defeasance Payments," and "Successor Borrower."
Sample 1Sample 2
Permitted Release Date. As defined in the Mortgage Loan Agreement.
Sample 1Sample 2