Closing Date Deposit Amount definition

Closing Date Deposit Amount. $128.80 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date. $113.85 of the Closing Date Deposit Amount shall be attributable to the Group I Mortgage Loans and $14.95 of the Closing Date Deposit Amount shall be attributable to the Group II Mortgage Loans.
Closing Date Deposit Amount. $763,084.37, representing the aggregate amount of interest that would have accrued at the related Net Mortgage Rates during the Due Period ending in October 2003, for those Mortgage Loans that do not have their first Monthly Payment due until November 2003.
Closing Date Deposit Amount. $0 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.

Examples of Closing Date Deposit Amount in a sentence

  • The Depositor shall cause to be deposited into the Distribution Account on the Closing Date the Closing Date Deposit Amount.

  • With respect to the first Due Period and the first Distribution Date, the Pooling-Tier REMIC-1 WAC Rate shall be reduced by a fraction, the numerator of which is the portion of the Closing Date Deposit Amount and the denominator of which is the portion of the Cut-off Date Pool Principal Balance.

  • Closing Date Deposit Amount: $63.08 (all of which is allocable to principal) deposited by the Depositor into the Distribution Account on the Closing Date.

  • On the Closing Date, the Depositor will deposit the Closing Date Deposit Amount into the Distribution Account.

  • Condensed liquid is then returned to the pump, and the cycle is repeated.Figure 2.


More Definitions of Closing Date Deposit Amount

Closing Date Deposit Amount. An amount equal to $1,025,866.92, which is equal to thirty-one (31) days’ gross interest on the Mortgage Loan, which the Loan Sellers (on behalf of the Depositor) shall transfer to the Servicer for deposit into the Collection Account on the Closing Date.
Closing Date Deposit Amount. $33,312.50, representing the aggregate amount of interest that would have accrued on the related Stated Principal Balance at the related Mortgage Rates during the Due Period ending in December 2006, for those Mortgage Loans that do not have their first Monthly Payment due until January 2007.
Closing Date Deposit Amount. $2,354.73 deposited by the Depositor into the Distribution Account on the Closing Date. $2.89 of the Closing Date Deposit Amount shall be attributable to interest in respect of the Group I Mortgage Loans and $444.35 of the Closing Date Deposit Amount shall be attributable to principal in respect of the Group I Mortgage Loans. $12.22 of the Closing Date Deposit amount shall be attributable to interest in respect of the Group II Mortgage Loans and $1,895.28 of the Closing Date Deposit Amount shall be attributable to principal in respect of the Group II Mortgage Loans.
Closing Date Deposit Amount. With respect to each Closing Date Deposit Mortgage Loan, a cash amount to be deposited by the related Pooled Mortgage Loan Seller pursuant to the related Pooled Mortgage Loan Purchase Agreement, as set forth on Schedule VII, which cash amount represents, as to each such Pooled Mortgage Loan, the aggregate amount of interest that would have accrued on the related Cut-off Date Principal Balance of such Closing Date Deposit Mortgage during the entire month of March 2006 at the related Mortgage Rate as if such Mortgage Loan accrued interest for such month.
Closing Date Deposit Amount. $911,881.10, representing the aggregate amount of interest that would have accrued at the related Mortgage Rates on the applicable Mortgage Loans commencing March 1, 2007 for those Mortgage Loans that do not have a Due Date in April 2007.
Closing Date Deposit Amount. $[__________], representing the aggregate amount of interest that would have accrued at the related Mortgage Rates during the Due Period ending in [________] 20[__], for those Mortgage Loans originated in [________] 20[__] that do not have their first Monthly Payment due until [________] 20[__].
Closing Date Deposit Amount. With respect to the Group I Mortgage Loans, $0. With respect to the Group II Mortgage Loans, $0. Code: The Internal Revenue Code of 1986, as it may be amended from time to time, or any successor statutes thereto, and applicable U.S. Department of the Treasury regulations issued pursuant thereto.