Security Distribution Due Date definition

Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the related Mortgage Security in accordance with its terms.
Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the related GNMA Security in accordance with its terms.
Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the ▇▇▇▇▇▇ Mae Security in accordance with its terms.

Examples of Security Distribution Due Date in a sentence

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1, Group 2, Group 6, Group 7 and Group 8 MBS and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1 and Group 3 MBS and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.


More Definitions of Security Distribution Due Date

Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the related Mortgage Security in accordance with its terms. Servicer: EMC Mortgage Corporation, a Delaware corporation, or any successor.
Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the ▇▇▇▇▇▇ ▇▇▇ Security in accordance with its terms. Settlement Date: October 30, 1996.