Latest Possible Maturity Date definition

Latest Possible Maturity Date. The Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.
Latest Possible Maturity Date. The Distribution Date occurring in April 2042.
Latest Possible Maturity Date. The Distribution Date in the month following the final scheduled maturity date of the Mortgage Loan in the Trust Fund having the latest scheduled maturity date as of the Cut-off Date. For purposes of the Treasury regulations under Sections 860A through 860G of the Code, the latest possible maturity date of each Regular Interest issued by REMIC I, REMIC II, REMIC III, REMIC IV and REMIC V shall be the Latest Possible Maturity Date.

Examples of Latest Possible Maturity Date in a sentence

  • The latest possible maturity date of all REMIC regular interests created in this Agreement shall be the Latest Possible Maturity Date.

  • The “latest possible maturity date” for federal income tax purposes of all interests created hereby shall be the Latest Possible Maturity Date (as defined in Section 11.01 herein).

  • Xxxxxxx, the late Ambassador of the United States to the Court of St. Xxxxx, living on the date hereof and (ii) the related Latest Possible Maturity Date.

  • In no event, however, will the Trust Fund created by the Agreement continue beyond the earlier of (i) the expiration of 21 years after the death of certain persons identified in the Agreement and (ii) the Latest Possible Maturity Date (as defined in the Agreement).

  • In the event that the Call Option Holder does not exercise its right of optional termination, the obligations and responsibilities created by the Agreement will terminate upon the earliest of (i) the Distribution Date on which the Class Certificate Principal Balance of each Class of Certificates has been reduced to zero, (ii) the final payment or other liquidation of the last Mortgage Loan and (iii) the Latest Possible Maturity Date.


More Definitions of Latest Possible Maturity Date

Latest Possible Maturity Date. The Distribution Date occurring in April 2040. LBH: Xxxxxx Brothers Holdings Inc., or any successor in interest.
Latest Possible Maturity Date. The latest maturity date for any Mortgage Loan in the Trust Fund plus one year.
Latest Possible Maturity Date. With respect to any REMIC I Regular Interest, any REMIC II Regular Interest, any REMIC III Component, any Class of Regular Certificates, the “latest possible maturity date” thereof, calculated solely for purposes of satisfying Treasury Regulations Section 1.860G-1(a)(4)(iii).
Latest Possible Maturity Date. As to each Class of Subordinated Certificates and each Class of Senior Certificates in the Certificate Group corresponding to Pool I, the Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan in Pool I having the latest scheduled maturity date as of the Cut-off Date; as to each Class of Senior Certificates in the Certificate Group corresponding to Pool II, the Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan in Pool II having the latest scheduled maturity date as of the Cut-off Date.
Latest Possible Maturity Date. With respect to any REMIC I Regular Interest, any REMIC II Regular Interest, any REMIC III Component, any Class of Regular Certificates or the Class A-S Regular Interest, Class B Regular Interest or Class C Regular Interest, the “latest possible maturity date” thereof, calculated solely for purposes of satisfying Treasury Regulations Section 1.860G-1(a)(4)(iii).
Latest Possible Maturity Date. As to each Class of Subordinated Certificates, each Class of Senior Certificates and each Lower REMIC Interest, the Distribution Date following the third anniversary of the scheduled maturity date of the Mortgage Loan having the latest scheduled maturity date as of the Cut-off Date.
Latest Possible Maturity Date. The Distribution Date occurring in the month three years after the latest scheduled maturity date for any Mortgage Loan held in the Trust Fund on the Closing Date.