Common use of Determination Date Clause in Contracts

Determination Date. The sixteenth day of the month in which the related Distribution Date occurs (or, if such sixteenth day is not a Business Day, the preceding Business Day).

Appears in 12 contracts

Sources: Pooling and Servicing Agreement (ChaseFlex Trust Series 2007-M1), Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2007-A2), Pooling and Servicing Agreement (Chase Mortgage Finance Trust Series 2007-S5)

Determination Date. The later of the sixteenth day of the month in which the related Distribution Date occurs (or, if such sixteenth day is not a Business Day, the preceding Business Day).

Appears in 1 contract

Sources: Pooling and Servicing Agreement (Homeside Mortgage Securities Inc /De/)