Startup Date. As defined in Section 2.07 hereof.
Startup Date for purposes of the REMIC provisions shall be the Closing Date. Each REMIC's fiscal year shall be the calendar year.
Examples of Startup Date in a sentence
During the three-month period beginning on the Startup Date, the Seller shall have the right, but not the obligation, in its sole discretion for any reason, to substitute for any Mortgage Loan a Substitute Mortgage Loan meeting the requirements of Section 2.02.
The "regular interests" (within the meaning of Section 860G(a)(1) of the Code) in the Subsidiary REMIC shall consist of the Subsidiary Regular Interests and the "residual interest" (within the meaning of Section 860G(a)(2) of the Code) in the Subsidiary REMIC shall consist of the Subsidiary Residual Interest and all such interests shall be designated as such on the Startup Date.
During the three-month period beginning on the Startup Date, the Seller shall have the right, but not the obligation, in its sole discretion for any reason, to substitute for any Group I or Group II Mortgage Loan a Substitute Mortgage Loan meeting the requirements of Section 2.02.
Xxxxxxx, the late ambassador of the United States to the Court of St. Xxxxx, living on the Startup Date.
Start Up Date shall mean the Start-up Date of the Subletting Service, as defined in Article 7.
More Definitions of Startup Date
Startup Date for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC's fiscal year shall be the calendar year. The Lower Tier REMIC shall consist of all of the assets of the Trust Fund (other than (i) any proceeds of Prepayment Penalties, (ii) amounts paid by the Servicer or the Seller in respect of Prepayment Penalties pursuant to this Agreement or the Sale Agreement, as applicable, (iii) amounts received in respect of any indemnification paid as a result of a Prepayment Penalty being unenforceable in breach of the representations and warranties set forth in the Sale Agreement, (iv) the interests issued by the Lower Tier REMIC and the Middle Tier REMIC, (v) the grantor trusts described in Section 2.07 hereof, (vi) the Dividend Account and (vii) the right to receive the Dividend Portion of interest payments on each Dividend Mortgage Loan. The Lower Tier REMIC shall issue the Class LTA-1 Interest, Class LTA-2 Interest, Class LTB-1 Interest, Class LTB-2 Interest, Class LTB-3 Interest, Class LTM-1 Interest, Class LTM-2 Interest and Class LTX Interest which shall be designated as regular interests of such REMIC and shall issue the Class LTR Interest that shall be designated as the sole class of residual interest in the Lower Tier REMIC. Each of the Lower Tier REMIC Regular Interests shall have the characteristics set forth in its definition. The assets of the Middle Tier REMIC shall be the Lower Tier REMIC Regular Interests. The Middle Tier REMIC Regular Interests shall be designated as the regular interests in the Middle Tier REMIC and the Class MTR Interest shall be designated as the sole class of residual interests in the Middle Tier REMIC. Each of the Middle Tier REMIC Regular Interests shall have the characteristics set forth in its definition. The assets of the Upper Tier REMIC shall be the Middle Tier REMIC Regular Interests. The REMIC Regular Interests shall be designated as the regular interests in the Upper Tier REMIC and the Residual Interest shall be designated as the sole class of residual interest in the Upper Tier REMIC. For federal income tax purposes, the Pass-Through Rate on each REMIC Regular Interest (other than the UTS REMIC Components and the Uncertificated Class C Interest) and on the sole class of residual interest in the Upper Tier REMIC shall be subject to a cap equal to the Net Rate. The beneficial ownership of the Class LTR Interest, the Class MTR Interest and the Residual Interest shall be represented by the Class R Certifica...
Startup Date for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC's fiscal year shall be the calendar year. The Subsidiary REMIC will consist of all of the assets of the Trust Fund (other than the uncertificated interests issued by such REMIC). The Subsidiary REMIC will issue two interests, Subsidiary REMIC Interest I and Subsidiary REMIC Interest II, that shall be designated as regular interests of such REMIC and shall issue the SR Interest that shall be designated as the sole class of residual interest in the Subsidiary REMIC.
Startup Date means the day designated as such pursuant to Section 2.5 hereof.
Startup Date means October 1, 2017. Tariff: means CARRIER’s FERC Tariff No. 274.10.0 for shipments of Product from the Origin Point to the Delivery Point, as filed by CARRIER and accepted by FERC, together with the published rules and regulations applicable to such shipments, and as further adopted, amended, modified and superseded from time to time (subject to acceptance by FERC).
Startup Date for purposes of the REMIC Provisions shall be the Closing Date. Each REMIC's fiscal year shall be the calendar year. The Subsidiary REMIC will consist of all of the assets of the Trust Fund (other than the uncertificated interests issued by such REMIC, the Capitalized Interest Account and, prior to the Distribution Date in the month immediately following the end of the Funding Period or any earlier Subsequent Transfer Date on which the entire balance of the Pre-Funding Account is applied to purchase Subsequent Mortgage Loans, the Pre-Funding Account). The Subsidiary REMIC will issue two interests, Subsidiary REMIC Interest I and Subsidiary REMIC Interest II, that shall be designated as regular interests of such REMIC and shall issue the SR Interest that shall be designated as the sole class of residual interest in the Subsidiary REMIC.
Startup Date means the date that is ninety (90) days after the Closing Date or such later date as the Administrative Agent may agree in its reasonable discretion.