Primary Servicer Remittance Date definition

Primary Servicer Remittance Date means the first Business Day after each Determination Date.

Primary Servicer Remittance Date shall have the meaning set forth in Section 3.05(b) hereof.

Primary Servicer Remittance Date. For each Distribution Date, the Business Day immediately succeeding the related Primary Servicer Determination Date.

Examples of Primary Servicer Remittance Date in a sentence

• With respect to each Distribution Date, the Primary Servicer shall deliver to the Master Servicer on or before the Primary Servicer Remittance Date the Primary Servicer Remittance Amount as of the related Determination Date.

• In particular, the Company reserves the right to vary the Closing Date without notice, which may have a consequential effect on the other dates.

• The Primary Servicer shall deliver to the Master Servicer, no later than 3:00 p.m. Charlotte, North Carolina time on the Primary Servicer Remittance Date, by electronic transmission in a format reasonably acceptable to the Primary Servicer and the Master Servicer, the CREFC Loan Periodic Update File with respect to the Mortgage Loans, each file providing the required information as of such Determination Date.

• There is a subcommittee on working with partner schools to further define field experiences.

• The Primary Servicer shall deposit all Compensating Interest Payments in the Primary Servicer Certificate Account on each Primary Servicer Remittance Date without any right of reimbursement thereof, but only if the amount due is due to the failure of the Primary Servicer to follow the related Mortgage Loan documents and with references in clause (ii) of the definition thereof to the Servicing Fee being references to the Primary Servicing Fee.

• The Primary Servicer shall also prepare and deliver to the Master Servicer and Special Servicer, not later than 1:00 p.m. New York City time on each Primary Servicer Remittance Date a certification in the form of Exhibit J.

• Delayed bus runs that are not Contractor caused (i.e. traffic accident, weather or other similar predicament) will not be charged.

More Definitions of Primary Servicer Remittance Date

Primary Servicer Remittance Date means the first Business Day after each Determination Date. “Primary Servicer Reporting Date” shall mean the first Business Day after each Determination Date. “Primary Servicing Fee” shall mean, with respect to each Mortgage Loan and REO Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(19) of this Agreement. “Primary Servicing Fee Rate” shall mean, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee %.” “References Modification” shall have the meaning specified in Section 3.01(b) of this Agreement. ARTICLE II

Primary Servicer Remittance Date means, for each Distribution Date, four (4) Business Days immediately preceding such Distribution Date.

Primary Servicer Remittance Date means, with respect to any calendar month, the Business Day following the Primary Servicer Determination Date related to such month, commencing in December 2006.