Yield Maintenance Period definition

Yield Maintenance Period means the period from and including the date of this Note until but not including the Scheduled Initial Maturity Date.

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Yield Maintenance Period means the period from and including the date of this Note until but not including (i) the day that this Note is assigned to a REMIC trust, if this Note is assigned to a REMIC trust prior to the Cut-off Date, or (ii) the Yield Maintenance Expiration Date, if this Note is not assigned to a REMIC trust or if this Note is assigned to a REMIC trust on or after the Cut-off Date.

Yield Maintenance Period means the period from and including the Settlement Date until but not including the day that is three months prior to the Expected Final Payment Date.

Examples of Yield Maintenance Period in a sentence

• Assumed Reinvestment Rate: 1/12 of the yield rate expressed as a decimal to 2 digits, as of the close of the trading session which is 5 Business Days before the Prepayment Date, found among the Daily Treasury Yield Curve Rates, commonly known as Constant Maturity Treasury (“CMT”) rates, with a maturity equal to the remaining Yield Maintenance Period, as reported on the U.S. Department of the Treasury website.

• Yield Maintenance Period End DateorPrepayment Premium Period End Date The last day of February, 2027.

• Yield Maintenance Period TermorPrepayment Premium Period Term 114 months III.

• After the expiration of the Yield Maintenance Period and upon giving Lender 60 days prior written notice, Borrower may prepay the entire unpaid principal balance of the Note on the last Business Day before a scheduled monthly payment date by paying, in addition to the entire unpaid principal balance, accrued interest and any other sums due Lender at the time of prepayment, a prepayment premium equal to 1% of the entire unpaid principal of the Note.

• After the expiration of the Yield Maintenance Period and upon giving Leader 60 days prior written notice, Borrower may prepay the entire unpaid principal balance of the Note on the last Business Day before a scheduled monthly payment date by paying, in addition to the entire unpaid principal balance, accrued interest and any other sums due Lender at the time of prepayment.

More Definitions of Yield Maintenance Period

Yield Maintenance Period means, with respect to each Bond, the period beginning on the Closing Date and ending on the applicable Yield Maintenance End Date.

Yield Maintenance Period means the period from and including the date of this Note until but not including September 1, 2019.

Yield Maintenance Period means the period from and including the date of this Note until but not including the earlier to occur of the following (i) the first day that the Note is assigned to a REMIC trust or (ii) December 1, 2020 (the “Yield Maintenance Expiration Date”). The Yield Maintenance Period only applies if this Note is not assigned to a REMIC trust or if this Note is assigned to a REMIC trust on or after the Cut-off Date.

Yield Maintenance Period means the period from and including the date of this Note until but not including August 1, 2019.

Yield Maintenance Period is not applicable, there is no Yield Maintenance Period under this Note.

Yield Maintenance Period. With respect to each Yield Maintenance Loan, the period following the origination thereof during which the related Note requires the payment of Prepayment Premiums calculated with reference to a yield maintenance formula.

Yield Maintenance Period means the period commencing on the Effective Date and continuing until the second anniversary of the Effective Date.