Monthly Pool Date definition

Monthly Pool Date means the 16th Business Day of each month;
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Monthly Pool Date means the 12th Business Day of each month, provided that the first Monthly Pool Date will fall in October 2019.
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Monthly Pool Date means the 16th Business Day of each month; Mortgage means in respect of any Loan each first fixed charge by way of legal mortgage secured over a Property located in England or Wales, which is, or is to be, sold, assigned or transferred by the Seller to the Issuer pursuant to the Mortgage Sale Agreement which secures the repayment of the relevant Loan pursuant to the Mortgage Conditions applicable to it.
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Examples of Monthly Pool Date in a sentence

  • Each such monthly report shall be delivered to the Issuer, the Security Trustee, the Seller and the Rating Agencies within ten (10) Business Days of each Monthly Pool Date and posted on the following website: ▇▇▇.▇▇▇.▇▇.▇▇ on or around the end of each calendar month and as such the Investor Report will be available to, amongst others, the Class A Noteholders and the Interest Rate Swap Provider.

  • Completion of such repurchase pursuant to this Clause 9.10 shall take place (a) on the Monthly Pool Date immediately following the receipt of such Loan Repurchase Notice or (b) such other date as the Issuer may direct in the Loan Repurchase Notice (PROVIDED THAT the date so specified by the Issuer shall not be later than ninety (90) days after receipt by the Seller of such notice).

  • On such Monthly Pool Date, the Issuer shall pay such Further Advance Purchase Price by using amounts standing to the credit of the Principal ▇▇▇▇▇▇ on a first in first out basis.

  • On such Monthly Pool Date, the Issuer shall pay such Further Advance Purchase Price by using amounts standing to the credit of the Principal Ledger on a first in first out basis.

  • Each such monthly report shall be delivered to the Issuer, the Security Trustee, the Seller and the Rating Agencies within ten (10) Business Days of each Monthly Pool Date and posted on the following website: ▇▇▇.▇▇▇.▇▇.▇▇ on or around the end of each calendar month and as such the Investor Report will be available to, amongst others, the Class A Noteholders and the Interest Rate Hedge Provider.

  • Where the Servicer determines that a Loan is a Written Off Loan, the Servicer shall notify the Seller and the Issuer in writing not later than the Monthly Pool Date following the Monthly Period in which such determination was made of the details of such Written Off Loan.

  • Completion of such repurchase pursuant to this Clause 9.14 shall, in the case of Additional Loans, take place on the Interest Payment Date stated in the Seller Loan Repurchase Notice as the date on which the relevant Additional Loans shall be repurchased and, in the case of COVID-19 Payment Holiday Loans, take place on the Monthly Pool Date stated in the Seller Loan Repurchase Notice as the date on which the relevant COVID-19 Payment Holiday Loans shall be repurchased.

  • The repurchase price for such COVID-19 Payment Holiday Loan shall be equal to its Current Balance determined as at the day before such Monthly Pool Date.

Related to Monthly Pool Date

  • Monthly P&I means, with respect to any Receivable, the amount of each monthly installment of principal and interest payable with respect to such Receivable in accordance with the terms thereof, exclusive of any charges allocable to the financing of any insurance premium and charges which represent late payment charges or extension fees.

  • Net Pool Balance means, as of any date, the aggregate Outstanding Principal Balance of all Receivables (other than Defaulted Receivables) of the Issuer on such date.

  • Monthly Period means the period from and including the first day of a calendar month to and including the last day of such calendar month.

  • Monthly Payment Date means the Payment Date (as defined in the Mortgage Loan Documents).

  • Last Scheduled Distribution Date The Distribution Date in the month immediately following the month of the latest scheduled maturity date for any of the Mortgage Loans.