Security Distribution Due Date definition

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.
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Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the related GNMA Security in accordance with its terms.
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Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the ▇▇▇▇▇▇ Mae Security in accordance with its terms.
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Examples of Security Distribution Due Date in a sentence

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein and (a) deposit in the Funding Account such amount as shall be necessary in order that the amount held therein be equal to the Initial Funding Amount and (b) remit to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1, Group 2, Group 6, Group 7 and Group 8 MBS and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ ▇▇▇ shall withdraw from the Certificate Account all amounts held therein in respect of the Mortgage Securities relating to the Designated Funding Classes and (a) deposit in the Funding Account any such amount as shall be necessary to make the amount held therein equal to the Initial Funding Amount and (b) pay over to itself any amounts remaining after the deposit referred to in (a) above.

  • As promptly as practicable following the Related Security Distribution Due Date, ▇▇▇▇▇▇ Mae shall withdraw from the Certificate Account all amounts held therein in respect of the Group 1 and Group 3 MBS and deposit the same in the Funding Account, subject to withdrawal as hereinafter provided.


More Definitions of Security Distribution Due Date

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. Servicer: EMC Mortgage Corporation, a Delaware corporation, or any successor.
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Security Distribution Due Date. The date upon which a particular Security Distribution is payable to the holder of the ▇▇▇▇▇▇ ▇▇▇ Security in accordance with its terms. Settlement Date: October 30, 1996.
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Related to Security Distribution Due Date

  • Security Distribution As to any Mortgage Security and Security Distribution Due Date, the amount of distribution payable to the holder of such Mortgage Security in accordance with its terms.

  • Monthly Distribution Date means the "Distribution Dates" set forth under "Summary of Essential Financial Information--Estimated Distributions" in the Prospectus Part I for a Trust.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Regular Distribution Date Replacement Liquidity Facility", "Responsible Officer", "Scheduled Payment", "Special Payment", "S&P", "Stated Interest Rate", "Subordination Agent", "Taxes", "Threshold Rating", "Trust Agreement", "Trustee", "Underwriters", "Underwriting Agreement", "United States" and "Written Notice".