PC Issue Date definition

PC Issue Date. With respect to each PC Pool, the date specified in the related Pool Supplement or, if not specified therein, the date on which ▇▇▇▇▇▇▇ Mac issues a PC in exchange for the Mortgages delivered by a dealer or other customer.

Examples of PC Issue Date in a sentence

  • On the related PC Issue Date and upon payment to the Depositor for any such PC by a Holder, such Holder shall, by virtue thereof, acknowledge, accept and agree to be bound by all of the terms and conditions of this Agreement.

  • The Depositor, by delivering any Mortgages pursuant to this Agreement, unconditionally, absolutely and irrevocably hereby transfers, assigns, sets over and otherwise conveys to the Trustee, on behalf of the related Holders, all of the Depositor’s right, title and interest in and to such Mortgages, including all payments of principal and interest thereon received after the month in which the PC Issue Date occurs.

Related to PC Issue Date

  • First Issue Date means the date on which the Issuer issues a Series of Covered Bonds for the first time pursuant to the Programme;

  • Issue Date means the date of first issuance of the Notes under this Indenture.

  • Initial Issue Date means the date of the first issue of Units, which shall be the Business Day immediately before the Listing Date.

  • Series Issue Date means the date of issuance of the Initial Tranche of a Series of ETP Securities, as specified in the relevant Final Terms.

  • Series B Original Issue Date means the date on which the first share of Series B Preferred Stock was issued.