Deconversion Date definition

Deconversion Date means any date on which Deconversion of all or any portion of Client’s Accounts occurs.
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Deconversion Date means the date Loan servicing records are transferred to Buyer’s system of record as set out in Section 3.3, which date will be a Business Day not later than 30 calendar days after the Closing Date. Loans that are subject to the Real Estate Settlement Procedures Act may have a separate Deconversion Date, but in no event will the date be earlier than 15 calendar days after the Closing Date.
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Deconversion Date means the date Loan servicing records are transferred from the Seller's system of record to the Buyer's system of record.
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Examples of Deconversion Date in a sentence

  • Service Fees for any Services performed after the Expiration Date and before the final Deconversion Date will be twenty percent (20%) greater than those rates in effect immediately prior to the end of the then-current Initial or Renewal Term, unless such termination is by Client under the terms of subsection 10.1(b), 10.1(d), or 10.1(e), in which case such Services will be provided, but such twenty percent (20%) price increase shall not take effect.

  • If Deconversion is not completed (through no lack of cooperation or postponing of the Deconversion Date by FDR or the nonterminating party) within twelve (12) months from the Termination Date, then any Service Fees (excluding Processing Fees) accruing hereunder after such twelfth month shall be increased by twenty percent (20%) over the rates of fees then in effect, after giving effect to any other rate increases otherwise applicable hereunder during such period.

  • That product shall be multiplied by the number of months (partial months shall be fractionalized), remaining in the then-current Initial Term or Renewal Term following the initially scheduled Deconversion Date (subsequent changes or delays in the Deconversion Date not caused or requested directly by CMC shall not result in a decrease in the Termination Fee).

  • Seller’s performance of this interim servicing shall cease on the Deconversion Date.

  • Buyer is responsible for submitting all Internal Revenue Service information returns related to the Loans sold hereunder for all applicable periods commencing with the Deconversion Date.

  • Seller will not pay Buyer for subservicing beginning the thirty-first (31st) day from the Loan Sale Closing Date (the Loan Sale Closing Date being the first day of the thirty-one days) through the Deconversion Date.

  • Seller will transfer to Buyer that sum of monies held by Seller as of the Deconversion Date, which represents undisbursed escrow payments.

  • STB shall have the right to terminate any telecommunication service which it provides to NTS upon the earlier of the Deconversion Date or the Termination Date.

  • Seller will transfer to Buyer that sum of monies held by Seller through the Deconversion Date that represents undisbursed escrow payments.

  • On the Deconversion Date or such earlier date consistent with the Deconversion Plan, STB shall provide NTS with all records and information related to the Customer Deposit Accounts assumed by NTS and, if applicable, the Customer Loan Accounts purchased by NTS.


More Definitions of Deconversion Date

Deconversion Date means the date Loan servicing records are transferred to the system of records of the Buyer of Pool NBF-1-07-020, which date shall be a Business Day not later than sixty (60) calendar days after the Loan Sale Closing Date.
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Related to Deconversion Date

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Continuation/Conversion Date means the date on which a Loan is converted into or continued as a LIBOR Rate Loan.