Runoff Date definition

Runoff Date means the date which is six months after the Maturity Date.
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Runoff Date means the later of (a) the termination of the Sierra IAA and (b) the monetization of any remaining direct or indirect investments in funds managed by any Affiliate of the Debtor.
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Examples of Runoff Date in a sentence

  • Notwithstanding the preceding sentence, so long as there is no continuing and uncured Event of Default existing on and as of the Maturity Date, Borrower may repay its outstanding Revolving Advances through but no later than the Runoff Date but otherwise in accordance with the other provisions of this Section 2.4.

  • The Tail Policies will be endorsed with terms substantially as follows: “The Insurer shall pay, on behalf of the Insured or the Successor Company, Loss which the Insured or the Successor Company becomes legally obligated to pay on account of any Claim first made against the Insured during the Policy Period, for a Wrongful Act of the Insured prior to the Run-off Date, but only if such Claim is reported to the Insurer in writing in accordance with the policies terms and conditions.

  • Company warrants that all contracts with any Insurance Broker, whether oral or written, along with any authority of any Insurance Broker to write business or in any way bind the Company, have been terminated in compliance with all applicable laws, and that no Insurance Contracts have been issued by the Company since the Runoff Date (other than renewals to the extent required by applicable law).

Related to Runoff Date

  • Payoff Date means the first date on which all of the Obligations are paid in full and the Commitments of the Lenders are terminated.

  • Spin-Off Date means the date on which the Spin-Off occurs.

  • Cut-off Date With respect to each Original Mortgage Loan, December 1, 1998. With respect to all Qualified Substitute Mortgage Loans, their respective dates of substitution. References herein to the "Cut-off Date," when used with respect to more than one Mortgage Loan, shall be to the respective Cut-off Dates for such Mortgage Loans.

  • Cutoff Date means the Statistical Cutoff Date, the Initial Cutoff Date and any Subsequent Cutoff Date, as applicable.

  • Initial Cut-Off Date With respect to any Initial Mortgage Loan, the later of (i) the date of origination of such Mortgage Loan and (ii) March 1, 2006. Initial Cut-off Date Pool Principal Balance: $517,241,872.77.

  • Reference Cut-Off Date means the eighth Scheduled Trading Day immediately following the Scheduled Reference Date or, if earlier, the Scheduled Trading Day falling on or immediately preceding the second Business Day immediately preceding the due date on which payment of any amount or delivery of any assets may have to be made pursuant to any calculation or determination made on such Reference Date, provided that the Reference Cut-Off Date shall not fall prior to the original date on which such Reference Date was scheduled to fall.

  • Initial Cutoff Date means [________], 20[__].

  • Origination Date means, with respect to each Mortgage Loan, the date of the Mortgage Note relating to such Mortgage Loan, unless such information is not provided by the Borrower with respect to such Mortgage Loan, in which case the Origination Date shall be deemed to be the date that is 40 days prior to the date of the first payment under the Mortgage Note relating to such Mortgage Loan.

  • Allowance Date means the date on which a Claim becomes an Allowed Claim.

  • Replacement Cut-Off Date With respect to any Qualified Replacement Mortgage, the first day of the calendar month in which such Qualified Replacement Mortgage is conveyed to the Trust.

  • Statistical Cutoff Date means February 28, 2010.

  • Rate Cut-Off Date means the second U.S. Government Securities Business Day prior to a redemption date or the Maturity Date.

  • Additional Cut-Off Date means, with respect to the Additional Accounts designated hereby, __________, ____.

  • SOFR Rate Cut-Off Date means the date that is the second U.S. Government Securities Business Day prior to the Interest Payment Date in respect of the relevant Interest Accrual Period or such other date specified in the Final Terms;

  • Collection Date The date following the Termination Date on which the Aggregate Unpaids have been reduced to zero and indefeasibly paid in full.

  • Formation Date has the meaning set forth in the Recitals hereof.

  • Notice Cut-off Date means the date specified as such in the Trigger Event Notice, which date shall be at least 20 Business Days following the Conversion Date;

  • Series Cut-Off Date means the date designated as such in the Series Term Sheet.

  • Removal Cut-Off Date means, with respect to the Removed Accounts, .

  • Subsequent Cut-off Date With respect to those Subsequent Mortgage Loans sold to the Trust Fund pursuant to a Subsequent Transfer Instrument, the later of (i) first day of the month in which the related Subsequent Transfer Date occurs or (ii) the date of origination of such Mortgage Loan.

  • Inception Date means in respect of a Fund, the first date on which the Fund issued shares.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Subsequent Cutoff Date means the date specified in the related Additional Sale Agreement agreed to by the Seller and the Purchaser for the purposes of determining the Principal Balance and accrued interest to be capitalized, as applicable, for purposes of completing each related Loan Transmittal Summary Form.

  • Evaluation Date shall have the meaning ascribed to such term in Section 3.1(s).

  • Addition Cut-Off Date means, with respect to the Additional Accounts designated hereby, .