Master Servicer Remittance Date definition

Master Servicer Remittance Date. With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.
Master Servicer Remittance Date means:
Master Servicer Remittance Date shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement.

Examples of Master Servicer Remittance Date in a sentence

  • The month used for calculating the ECA will be the Economic Change Index published for each September during the Term of the Agreement.


More Definitions of Master Servicer Remittance Date

Master Servicer Remittance Date. With respect to any Distribution Date, 3:00 p.m. New York time on the last Business Day preceding the related Distribution Date.
Master Servicer Remittance Date shall have the meaning assigned to such term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.
Master Servicer Remittance Date. With respect to any Distribution Date, 3:00 p.m. New York time on the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately succeeding such 18th day.
Master Servicer Remittance Date means, with respect to each Non-Lead Note, (i) prior to the related Non-Lead Securitization, the “master servicer remittance date” as such term is defined in the applicable Servicing Agreement, and (ii) from and after the related Non-Lead Securitization, the earlier of (x) the “master servicer remittance date” as such term is defined in the Lead Securitization Servicing Agreement, and (y) the business day following the related Non-Lead Securitization Determination Date, in each case above in this definition as long as such date is at least one Business Day after the Monthly Payment Date (as defined in the Loan Agreement). For the avoidance of doubt, any late collections received by the Master Servicer after the related due date under the Mortgage Loan shall be remitted by the Master Servicer in accordance with Section 18(b)(x) below.
Master Servicer Remittance Date. With respect to any Distribution Date, 12:00 p.m. New York time on the Business Day preceding the Distribution Date or if the Collection Account is held at Citibank (for so long as Citibank is the Paying Agent), 12:00 p.m. New York time on the Distribution Date.
Master Servicer Remittance Date means, individually and collectively, as applicable in the context used, (i) the related Loan Combination Master Servicer Remittance Date with respect to each Serviced Loan Combination and all related matters, and (ii) the Trust Master Servicer Remittance Date with respect to the Mortgage Pool (exclusive of the Serviced Combination Trust Mortgage Loans and any REO Trust Mortgage Loans with respect to the Serviced Combination Trust Mortgage Loans) and all related matters.
Master Servicer Remittance Date. The 18th day of each calendar month, or if such 18th day is not a Business Day, the next succeeding Business Day, commencing in April 2002.