Definition of Pooling Date

  1. Pooling Date means, with respect to any Terminated Loan sold by the Trust to a third party, the date on which the pool in which such Terminated Loan is included is established by the Servicer.

Examples of Pooling Date in a sentence

  1. As conditions precedent to Buyer (or the Custodian if set forth below) considering whether to enter into any Transaction hereunder (including the initial Transaction), or whether to continue a Transaction, in the case of a Transaction in respect of Mortgage Loans which convert to Pooled Mortgage Loans on the related Pooling Date or a Transaction in respect of Pooled Mortgage Loans which convert to a Mortgage-Backed Security on the related Settlement Date, as applicable:

Definition of Pooling Date in Liquidity Agreement

Pooling Date means, with respect to any Terminated Loan sold by the Trust to a third party, the date on which the pool in which such Terminated Loan is included is established by the Servicer.