First Scheduled Distribution Date definition

First Scheduled Distribution Date means [second anniversary of February 2 following the Date of the Award].
First Scheduled Distribution Date means [November 30 following the Date of the Award].
First Scheduled Distribution Date means [May 31st following the Date of the Award].

More Definitions of First Scheduled Distribution Date

First Scheduled Distribution Date means [June 30 following the Date of the Award].
First Scheduled Distribution Date means [May 31 following the Date of the Award].
First Scheduled Distribution Date. [________], 20[__] Original Class Certificate Balance of this Certificate ("Denomination") : $[ ] ---------------- Original Certificate Balance of this Class : $[ ] ---------------- Pass-Through Rate : [________]%, subject to the weighted average Net Loan Rates described in the Agreement CUSIP : [_________________] Class : M-2 COMPASS RECEIVABLES ASSET FUNDING TRUST 200[_]-[__] Mortgage Loan Asset-Backed Certificates, Series 200[_]-[__] Class M-2 evidencing a percentage interest in the distributions allocable to the Certificates of the above-referenced Class with respect to a Trust consisting of closed-end fixed rate mortgage loans (the "Mortgage Loan") Compass Asset Acceptance Company, L.L.C., as Seller Principal in respect of this Certificate is distributable monthly as set forth herein. Accordingly, the Certificate Principal Balance of this Class M-2 Certificate at any time may be less than the Original Class Certificate Balance set forth on the face hereof, as described herein. This Class M-2 Certificate does not evidence an obligation of, or an interest in, and is not guaranteed by the Seller, the Originator, the Servicer, or the Trustee referred to below or any of their respective affiliates. Neither this Class M-2 Certificate nor the Mortgage Loans are guaranteed or insured by any governmental agency or instrumentality. This certifies that CEDE & CO. is the registered owner of the Percentage Interest evidenced by this Class M-2 Certificate (obtained by dividing the principal denomination of this Class M-2 Certificate by the aggregate of the principal denominations of all Certificates of this Class in certain monthly distributions with respect to a Trust consisting primarily of the Mortgage Loans deposited by Compass Asset Acceptance Company, L.L.C. (the "Seller"). The Trust was created pursuant to a Pooling and Servicing Agreement dated as of [________], 20[__] (the "Agreement") among the Seller, Compass Bank, as Servicer ( the "Servicer") and [_____________], as Trustee (the "Trustee"). To the extent not defined herein, the capitalized terms used herein have the meanings assigned in the Agreement. This Class M-2 Certificate is issued under and is subject to the terms, provisions and conditions of the Agreement, to which Agreement the Certificateholder of this Class M-2 Certificate by virtue of the acceptance hereof assents and by which such Certificateholder is bound. Reference is hereby made to the further provisions of this Class M-2 Certificate ...

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