Pooled Security Distribution Date Statement definition

Pooled Security Distribution Date Statement. Each report provided monthly to holders of Pooled Securities in connection with each Pooled Security Distribution Date pursuant to the related Underlying Agreement.
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Examples of Pooled Security Distribution Date Statement in a sentence

  • The Trustee makes no representations or warranties as to the validity or sufficiency of this Agreement or of the Certificates or of any Pooled Security, Pooled Security Distribution Date Statement or related document.

  • To the extent available, the Depositor shall provide the Trustee no later than the Closing Date the offering documents and the Underlying Agreements with respect to each Pooled Security and the most recent Pooled Security Distribution Date Statement received by the Depositor to the extent that such items are not provided by the Seller pursuant to the Purchase and Sale Agreement.

  • To the extent available, the Seller also shall provide the Trustee no later than the Closing Date or, with respect to Substitute Pooled Securities, on the date of substitution, the offering documents with respect to each Pooled Security and the most recent Pooled Security Distribution Date Statement received by the Seller.

  • To the extent available, the Depositor also shall provide the Trustee no later than the Closing Date or, with respect to Substitute Pooled Securities, on Substitution Date, the offering documents and the Underlying Agreements with respect to each Pooled Security and the most recent Pooled Security Distribution Date Statement received by the Depositor.

Related to Pooled Security Distribution Date Statement

  • Security Distribution Due Date The date upon which a particular Security Distribution is payable to the holder of the related Mortgage Security in accordance with its terms.

  • Group II Basic Principal Distribution Amount With respect to any Distribution Date, the excess of (i) the Group II Principal Remittance Amount for such Distribution Date over (ii)(a) the Overcollateralization Release Amount, if any, for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Group III Senior Principal Distribution Amount As to any Distribution Date, the sum of (i) the Group III Senior Percentage of the Principal Payment Amount for Loan Group III, (ii) the applicable Senior Prepayment Percentage of the Principal Prepayment Amount for Loan Group III, and (iii) the Group III Senior Liquidation Amount.

  • Group II Principal Distribution Amount With respect to any Distribution Date, the sum of (i) the Group II Basic Principal Distribution Amount for such Distribution Date and (ii)(a) the Extra Principal Distribution Amount for such Distribution Date multiplied by (b) the Group II Allocation Percentage.

  • Extra Principal Distribution Amount As of any Distribution Date, the lesser of (x) the related Total Monthly Excess Spread for such Distribution Date and (y) the related Subordination Deficiency for such Distribution Date.