Initial Optional Notes Purchase Date definition

Initial Optional Notes Purchase Date. The first Payment Date on or after which the aggregate Scheduled Principal Balance of the Mortgage Loans as of the end of the immediately preceding Due Period is equal to or less than 20% of the Cut-off Date Balance.
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Initial Optional Notes Purchase Date. As defined in the Indenture.
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Examples of Initial Optional Notes Purchase Date in a sentence

  • On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, ▇▇▇▇▇▇▇▇▇ Mortgage Home Loans Inc.

  • On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, the Holder of a majority of the Percentage Interest of the Trust Certificate has the assignable option to call all Classes of Notes, in whole but not in part, under Article X of the Indenture.

  • On any Payment Date occurring on or after the Initial Optional Notes Purchase Date, Thornburg Mortgage Home Loans Inc.

Related to Initial Optional Notes Purchase Date

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Optional Purchase Date As defined in Section 8.01(a) of the Servicing Agreement. Optional Purchase Percentage: 10.00%.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Series B Purchase Agreement means that certain Series B Preferred Stock Purchase Agreement, dated as of November 10, 2015, as amended and supplemented to date, by and among the Company and the investors signatory thereto.