Servicing Cut-off Date definition

Servicing Cut-off Date. As to each Mortgage Loan purchased on a Closing Date, the last day of the Due Period in which such Closing Date occurs.
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Servicing Cut-off Date means the last calendar day of each month after the Closing Date, to and including the last calendar day of the month preceding the month in which the Servicing Transfer Date occurs, and the Servicing Transfer Date.
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Servicing Cut-off Date means the day of each calendar month used by the Borrower in order to determine the amount of a Loan Advance which is more particularly described in Schedule 2 hereto.
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Examples of Servicing Cut-off Date in a sentence

  • After giving effect to each new Loan Advance (i) the aggregate outstanding principal amount of Loan Advances made in connection with Receivables shall not exceed the Receivables Borrowing Base then in effect (calculated as of the Servicing Cut-off Date) and (ii) the aggregate outstanding principal amount of Loan Advances made in connection with pledged Servicing Rights and the related Participation Certificates shall not exceed the Servicing Rights Borrowing Base then in effect.

  • After giving effect to each new Transaction, the aggregate outstanding amount of the Purchase Price shall not exceed the sum of (i) the Receivables Asset Base then in effect (calculated as of the Servicing Cut-off Date) and (ii) the Servicing Rights Asset Base then in effect.

  • The Seller shall deliver the Servicing Tape to the Buyer within 2 Business Days after the Servicing Cut-off Date.

  • After giving effect to each new Loan Advance (i) the aggregate outstanding principal amount of Loan Advances made in connection with Receivables shall not exceed the Receivables Borrowing Base then in effect (calculated as of the Servicing Cut-off Date) and (ii) the aggregate outstanding principal amount of Loan Advances made in connection with pledged Servicing Rights shall not exceed the Servicing Rights Borrowing Base then in effect.

  • The Borrowers shall deliver the Servicing Tape to the Lender within 2 Business Days after the Servicing Cut-off Date.


More Definitions of Servicing Cut-off Date

Servicing Cut-off Date means the day of each calendar month used by the Seller in order to determine the Purchase Price which is more particularly described in Schedule 2 hereto.
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Servicing Cut-off Date. The last day of the calendar month in which the Sale Date occurs.
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Servicing Cut-off Date means, with respect to each Servicing Assets Settlement, the last day of month prior to the month in which the related Servicing Assets Settlement Date falls.
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Servicing Cut-off Date. With respect to a Loan, the last day of the month preceding the month in which such Loan is first serviced hereunder.
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Related to Servicing Cut-off Date

  • Removal Cut-Off Date means, with respect to the Removed Accounts, .

  • Initial Cut-Off Date With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) March 1, 2006. Initial Cut-off Date Pool Principal Balance: $517,241,872.77.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Cut-off Date With respect to each Original Mortgage Loan, December 1, 1998. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the "Cut-off Date," when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.

  • Subsequent Cut-off Date With respect to those Subsequent Mortgage Loans sold to the Trust Fund pursuant to a Subsequent Transfer Instrument, the later of (i) first day of the month in which the related Subsequent Transfer Date occurs or (ii) the date of origination of such Mortgage Loan.

  • CREFC® Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • CMSA Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "CMSA Special Servicer Loan File" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Special Servicer.

  • Cut-off Date Loan Balance means the Loan Balance calculated as of the Cut-off Date.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Notice Cut-off Date means the date specified as such in the Trigger Event Notice, which date shall be at least 20 Business Days following the Conversion Date;

  • Additional Cut-Off Date means, with respect to the Additional Accounts designated hereby, __________, ____.

  • Cut-off Date Pool Balance The aggregate Cut-off Date Principal Balance of all the Original Mortgage Loans.

  • Replacement Cut-Off Date With respect to any Qualified Replacement Mortgage, the first day of the calendar month in which such Qualified Replacement Mortgage is conveyed to the Trust.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Mortgage Loan File As defined in Section 2.1(b) and any additional documents required to be added to the Mortgage Loan File pursuant to this Agreement.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Series Cut-Off Date means the date designated as such in the Series Term Sheet.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Servicer Mortgage File All documents pertaining to a Mortgage Loan not required to be included in the Trustee Mortgage File and held by the Master Servicer or the related Servicer or any Sub-Servicer.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • CREFC® Special Servicer Property File The data file in the “CREFC® Special Servicer Property File” format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.