Examples of Statistical Cutoff Date in a sentence
In order to qualify as Eligible Loans, no payment of principal or interest shall be sixty (60) days or more Delinquent as of the Statistical Cutoff Date.
LISTING OF LOANS ON FOLLOWING PAGE CERTAIN OTHER LOAN CRITERIA • Not in claims status, not previously rejected • Not in litigation • Last disbursement was on or before the Statistical Cutoff Date • Loan is not swap-pending * Based upon VG Funding’s estimated calculations, which may be adjusted upward or downward based upon Funding’s reconciliation.
The aggregate principal balance of the KBUSA Initial Student Loans, plus accrued interest to be capitalized with respect thereto, as of the Statistical Cutoff Date, is $849,447,279.52 ($225,612,065.03 with respect to KBUSA Group I Student Loans and $623,835,214.49 with respect to KBUSA Group II Student Loans).
No KBUSA Financed Student Loan, as of the Statistical Cutoff Date, is in default nor does the Seller expect to write-off any amount thereof as a loss.
In order to qualify as Eligible Loans, no payment of principal or interest shall be more than two hundred and ten (210) days past due as of the Statistical Cutoff Date, which shall be October 22, 2007.