Assumed Payment Date definition

Assumed Payment Date. With respect to the Mortgage Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure, in whole or in part, of the Mortgage Loan or acceptance on behalf of the Trust and the Companion Loan Holders of a deed-in-lieu of foreclosure or comparable conversion of the Mortgage Loan (or portion thereof), the date that would have been the Payment Date in such calendar month if the Maturity Date or the foreclosure of the Mortgage Loan (or portion thereof) or acceptance on behalf of the Trust and the Companion Loan Holders of a deed-in-lieu of foreclosure or comparable conversion of the Mortgage Loan (or portion thereof) had not occurred.
Sample 1Sample 2Sample 3
Assumed Payment Date. With respect to the Trust Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Whole Loan or acceptance by the Trustee on behalf of the Trust and the Companion Loan Holders of a deed in lieu of foreclosure or comparable conversion of the Whole Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Whole Loan or acceptance by the Trustee on behalf of the Trust and the Companion Loan Holders of a deed in lieu of foreclosure or comparable conversion of the Whole Loan had not occurred.
Sample 1Sample 2Sample 3
Assumed Payment Date. For any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Mortgage Loan or acceptance by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Senior Pari Passu Companion Loan Holders, of a deed in lieu of foreclosure or comparable conversion of the Mortgage Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Mortgage Loan or acceptance by the Special Servicer, on behalf of the Trustee for the benefit of the Trust and the Senior Pari Passu Companion Loan Holders, of a deed in lieu of foreclosure or comparable conversion of the Mortgage Loan had not occurred.
Sample 1Sample 2Sample 3

Examples of Assumed Payment Date in a sentence

  • The "Assumed Payment Date" shall be the earliest date on which the Participant could have terminated employment with the Company and commenced receipt of an immediate benefit under the Plan assuming for this purpose that the Participant continued in the employ of the Company indefinitely following the Change of Control.

  • The amount determined under Section 4.1(a) shall be based on (A) the Participant's or frozen Participant's vested benefit, as of the date of the Change of Control Payout Election, in the plans identified therein, (B) increased by interest on such vested benefit through the Assumed Payment Date.

  • The amount determined under Section 4.1(b) shall be adjusted to reflect any reduction in benefits that would occur under the plans identified therein as a result of receiving benefits on the Assumed Payment Date.


More Definitions of Assumed Payment Date

Assumed Payment Date shall have the meaning set forth in Section 16.1(b). Auction shall have the meaning set forth in Section 13.2(c).
Sample 1Sample 2
Assumed Payment Date means, in respect of any Security, (a) at the time of issuance of such Security, in the case of any CP Note, its stated maturity date, in the case of any Extendible CP Note, its Expected Maturity Date, and in the case of any X-Note, its Maturity Date, (B) at the time of extension of any Extendible CP Note or at the end of any Calculation Period with respect to any Extended CP Note, the end of the next following Calculation Period with respect to such Extendible CP Note or Extended CP Note, and (C) at the beginning of an extension period with respect to any X-Note, the Maturity Date that would apply to such X-Note after giving effect to the extension.
Sample 1
Assumed Payment Date means December 31, 2014.
Sample 1
Assumed Payment Date. With respect to the Trust Loan for any calendar month following a delinquency in the payment of the Balloon Payment or the foreclosure of the Whole Loan or acceptance by the Special Servicer and delivery to the Trustee (or the Custodian on its behalf) on behalf of the Trust Fund and the Companion Loan Holder of a deed in lieu of foreclosure or comparable conversion of the Whole Loan, the date that would have been the Loan Payment Date in such calendar month if the Maturity Date or the foreclosure of the Whole Loan or acceptance by the Special Servicer and delivery to the Trustee (or the Custodian on its behalf) on behalf of the Trust Fund and the Companion Loan Holder of a deed in lieu of foreclosure or comparable conversion of the Whole Loan had not occurred.
Sample 1

Related to Assumed Payment Date

  • Deferred Payment Date for a Participant means the date after the Restricted Period in respect of Restricted Share Units which is the earlier of (i) the date which the Participant has elected to defer receipt of the underlying Shares in accordance with Section 4.5 of this Plan; and (ii) the Participant’s Separation Date.

  • Specified Payment means any Permitted Acquisition, Permitted Investment, Restricted Payment or prepayment with respect to Indebtedness subject to satisfaction of the Payment Conditions or any component thereof.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Required Payment Amount shall have, for any Distribution Date, the meaning specified for such Distribution Date in Section 4.6(a) of the Sale and Servicing Agreement.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Scheduled Payment Date means a date on which a payment or delivery is to be made under Section 2(a)(i) with respect to a Transaction.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Expected Principal Payment Date means April 15, 2010.

  • Class B Final Scheduled Payment Date means the Payment Date occurring in June 2021.

  • Class C Final Scheduled Payment Date means the Payment Date occurring in December 2024.

  • Delayed Payment Interest Rate means the national average annual rate of interest payable on jumbo six-month bank certificates of deposit, as quoted in the business section of the most recently published Sunday edition of The New York Times preceding the Executive’s separation from service.

  • Bond Payment Date means any date on which principal of or interest on any Bond is payable.

  • Class A-1 Final Scheduled Payment Date means the Payment Date occurring in August 2024.

  • Distribution Payment Date has the meaning set forth in paragraph 2(b) of Annex I.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Deferred Payment means any severance pay or benefits to be paid or provided to Executive (or Executive’s estate or beneficiaries) pursuant to this Agreement and any other severance payments or separation benefits, that in each case, when considered together, are considered deferred compensation under Section 409A.

  • Final Scheduled Payment Date means the Class A-1 Final Scheduled Payment Date, the Class A-2a Final Scheduled Payment Date, the Class A-2b Final Scheduled Payment Date, the Class A-3 Final Scheduled Payment Date, the Class A-4 Final Scheduled Payment Date or the Class B Final Scheduled Payment Date, as the context requires.

  • Class A-3 Final Scheduled Payment Date means the Payment Date occurring in April 2027.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.