Subsequent Settlement Date definition

Subsequent Settlement Date means a Settlement Date subsequent to the First and Second Settlement Dates when payment is made by the Purchaser to HUD for a previously undelivered group of Mortgage Loans that has been agreed upon by the Parties and incorporated into this Agreement through an amendment made pursuant to Section 4.01.
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Subsequent Settlement Date means, in the event that Section 4.1(b) is applicable, the last Business Day of each calendar quarter following the Year Four Settlement Date.
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Examples of Subsequent Settlement Date in a sentence

  • On the Subsequent Settlement Date, the list of Subsequent Assets shall be attached as Supplement No. 2 to Schedule I.

  • On or before the date agreed upon by the parties, HUD shall deliver to Purchaser a Settlement Statement in the form of Exhibit E-3 for the Subsequent Settlement Date and Supplement No. 2 to Schedule I for all of the Subsequent Assets to be conveyed on the Subsequent Settlement Date.

  • The Settlement Date Payment is to be wired on the Subsequent Settlement Date prior to 2:00 p.m. ET to the account identified below: R & T Number ▇▇▇▇▇▇▇▇▇ Bank FHLB ATL City/State Atlanta, GA To Credit FHA Single Family Account Account Number ▇▇▇▇▇▇▇▇ Upon receipt of the Settlement Date Payment by HUD, HUD shall be deemed to have sold and conveyed to Purchaser, as of the applicable Claim Date for each Mortgage Loan, the Subsequent Assets identified as being purchased on Supplement No. 2 to Schedule I.

  • On the Subsequent Settlement Date, the Settlement Date Payment shall be an amount equal to the amount set forth on the Settlement Statement for the Subsequent Assets.

  • Within 60 calendar days after the Second Settlement Date (or Subsequent Settlement Date, if applicable), if HUD or Purchaser determine that any one or more of the amounts set forth on any Settlement Statement was computed incorrectly, the Party making such determination will, within such 60 calendar day period, provide the other Parties hereto with a written notice identifying the error (such notice a ―Proposed Adjustment Notice‖).

  • If mutually agreed upon by the Parties, on or before the date specified in such agreement, HUD shall deliver to Purchaser a list of the Mortgage Loans acquired by HUD from the Prior Servicer for any Subsequent Settlement Date (the ―Subsequent Assets‖).

  • Promptly after the Settlement Date and if applicable, the appliable Subsequent Settlement Date, LXL shall use its commercially reasonable best efforts to provide the shares of Common Stock underlying the Vested RSUs to ▇▇▇▇▇▇▇ through Zemetra’s current dedicated E-Trade account administered by My Equity Comp.

  • On the Subsequent Settlement Date, Maxeon shall deliver additional Shares to TZS in order to maintain the Ownership Percentage.

  • Initial Settlement Date: The date that Shares are issued to the Underwriters under the Underwriting Agreement Subsequent Settlement Date: The date that Shares are issued Total under the Total Forward Agreement Physical Settlement: In lieu of Section 9.2(a) of the Equity Definitions, on the Initial Settlement Date, Maxeon shall deliver the Number of Shares to TZS.