Startup Day definition
Startup Day. The day designated as such pursuant to Section 10.01(b) hereof.
Startup Day. The Closing Date.
Startup Day. As defined in Section 2.05.
Examples of Startup Day in a sentence
The Certificate Administrator is hereby authorized to and shall segregate, into a separate non-interest bearing account, the net income from any “prohibited transaction” under Section 860F(a) of the Code or the amount of any taxable contribution to either Trust REMIC after the Startup Day that is subject to tax under Section 860G(d) of the Code and use such income or amount, to the extent necessary, to pay such prohibited transactions tax.
More Definitions of Startup Day
Startup Day for purposes of the REMIC Provisions shall be the Closing Date. The "tax matters person" with respect to each REMIC hereunder shall be the Trustee and the Trustee shall hold the Tax Matters Person Certificate. Each REMIC's fiscal year shall be the calendar year.
Startup Day. As defined in Section 2.07 hereof.
Startup Day. With respect to each Trust REMIC, the day designated as such pursuant to Section 10.01(b) hereof.
Startup Day means, with respect to each of REMIC I, REMIC II and REMIC III, the day designated as such in Section 12.1(b).
Startup Day. The Startup Day for each REMIC formed hereunder shall be the Closing Date.
Startup Day. The day designated as such pursuant to Section 2.12(c) of this Agreement.
Startup Day for purposes of the REMIC Provisions shall be the Closing Date. The “latest possible maturity date” is the Distribution Date occurring three years after the month in which the latest Mortgage Loan maturity date (of the Mortgage Loans held in the Trust on the Closing Date) occurs.