Special Hazard Coverage Termination Date. The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. The date on which the Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. Not applicable.
Examples of Special Hazard Coverage Termination Date in a sentence
Special Hazard Coverage Termination Date: The point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.
More Definitions of Special Hazard Coverage Termination Date
Special Hazard Coverage Termination Date. With respect to each Aggregate Certificate Group the point in time at which the related Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. With respect to the Subordinate Certificates, the point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. The Group I Special Hazard Coverage Termination Date or the Group II Special Hazard Coverage Termination Date, as applicable.
Special Hazard Coverage Termination Date. As to either Special Hazard Loss Coverage Amount, the point in time at which the related Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. With respect to any relevant Series of Bonds, the earlier of (a) the Payment Date on which the amount of Special Hazard Losses incurred on the mortgage loans underlying the Conventional Certificates securing such Series of Bonds and not previously deducted from the Special Hazard Loss Amount relative to such Series of Bonds, equals or exceeds the Special Hazard Loss Amount on such Payment Date, and (b) the Cross-over Date relative to such Series of Bonds.
Special Hazard Coverage Termination Date. As to both Certificate Groups, the point in time at which the Special Hazard Loss Coverage Amount is reduced to zero.
Special Hazard Coverage Termination Date. The date on which the coverage under the Special Hazard Loss Coverage Amount is reduced to zero.