Distribution Account Deposit Date definition

Distribution Account Deposit Date. As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. The Business Day prior to each Distribution Date.
Distribution Account Deposit Date. As to any Distribution Date, on or before 3:00 p.m. Eastern time on the Business Day immediately preceding such Distribution Date.

Examples of Distribution Account Deposit Date in a sentence

  • On each Distribution Account Deposit Date, the Servicers shall remit to the Securities Administrator for deposit into the Distribution Account, all amounts so required to be deposited into such account in accordance with the terms of the related Purchase and Servicing Agreements or Servicing Agreement, as applicable.

  • The Master Servicer shall deliver to the Trustee for deposit in the Distribution Account not later than the related Distribution Account Deposit Date an amount equal to the sum of the aggregate amounts paid by the Servicers under the related Servicing Agreement with respect to subclauses (a) and (b) of the definition of Interest Shortfall with respect to the Mortgage Loans for the related Distribution Date.

  • Any funds so applied and transferred shall be replaced by the Company by depositing such amount in the Distribution Account no later than the close of business on the Remittance Date immediately preceding the Distribution Account Deposit Date on which such funds are required to be distributed pursuant to this Agreement.

  • Any funds so applied and transferred shall be replaced by the Company by deposit in the Distribution Account, no later than the close of business on the Remittance Date immediately preceding the Distribution Account Deposit Date on which such funds are required to be distributed pursuant to this Agreement.

  • Each such Advance shall be remitted to the Distribution Account no later than 10:00 a.m. Eastern time on the Distribution Account Deposit Date in immediately available funds.


More Definitions of Distribution Account Deposit Date

Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the third Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. As to any Distribution Date, 12:00 noon New York City time on the second Business Day immediately preceding such Distribution Date.
Distribution Account Deposit Date. Two Business Days prior to each Distribution Date.
Distribution Account Deposit Date. With respect to each Servicer, not later than 1:00 p.m., New York time, on 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, either the immediately preceding or immediately following Business Day, as set forth in the related Acknowledgement, commencing in July 2007.
Distribution Account Deposit Date. The 18th day of each calendar month after the initial issuance of the Certificates or, if such 18th day is not a Business Day, the immediately preceding Business Day, commencing in December 2004.
Distribution Account Deposit Date. As to any Distribution Date, one Business Day prior to such Distribution Date. Distribution Date: Commencing in January 2007, the Distribution Date shall be the 25th day of each calendar month, or if such 25th day is not a Business Day, the next succeeding Business Day.
Distribution Account Deposit Date. With respect to each Servicer, the Remittance Date as defined in the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, commencing in June 2007.