Servicer Remittance Date Sample Clauses

Servicer Remittance Date. The date or dates under the related Servicing Contract on which a Direct Servicer or Subservicer is required to transfer amounts in the Custodial Account to the Master Servicer or the Trustee for deposit to a Certificate Account. In no event will any Servicer Remittance Date for amounts due to be distributed on a particular Distribution Date be later than the Business Day immediately preceding the Distribution Date on which these funds are to be distributed to Holders.
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Servicer Remittance Date. The 18th day of any month, or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day.
Servicer Remittance Date. The 19th day of each month beginning in April 2010 (or, if such day is not a Business Day, the immediately preceding Business Day).
Servicer Remittance Date. The 18th day of any month, or if such 18th day is not a Business Day, the first Business Day immediately preceding such 18th day. Service(s)(ing): In accordance with Regulation AB, the act of servicing and administering the Mortgage Loans or any other assets of the Trust Estate by an entity that meets the definition of “servicer” set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set forth in 1108 of Regulation AB. Any uncapitalized occurrence of this term shall have the meaning commonly understood by participants in the residential mortgage-backed securitization market.
Servicer Remittance Date. The Trustee shall not be responsible to recompute, recalculate or verify any information provided to it by the Master Servicer.
Servicer Remittance Date. The day in each calendar month on which the Servicer is required to remit payments to the Collection Account, which is the 18th of each calendar month (or, if such day is not a Business Day, the preceding Business Day), commencing in May 2007.
Servicer Remittance Date. The Business Day prior to each Payment Date, commencing in May 2006.
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Servicer Remittance Date. The day in each calendar month on which each Servicer is required to remit payments to the Collection Account, as specified in the related Servicing Agreement, which is the 18th day of each calendar month (or, if such 18th day is not a Business Day, the next succeeding Business Day). Servicers: Aurora Loan Services Inc., Countrywide Home Loans, Inc., Ocwen Federal Bank, FSB, Option One Mortgage Corporation, Xxxxx Fargo Home Mortgage, Inc. and WMC Mortgage Corp., or any successors in interest. Servicing Agreement: Each Servicing Agreement or Reconstituted Servicing Agreement, dated as of April 1, 2002, between the related Seller and one of the above-named Servicers (and the Master Servicer, in the case of the Servicing Agreement with Aurora Loan Services Inc. and Option One Mortgage Corporation) attached hereto as part of Exhibit E and any other servicing agreement entered into between a successor servicer and the Seller pursuant to the terms of this Agreement.

Related to Servicer Remittance Date

  • Remittance Date The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month.

  • Primary Servicing Fee; Carryover Servicing Fee The Primary Servicing Fee for each calendar month and any Carryover Servicing Fees payable on any Distribution Date in arrears by the Issuer shall be equal to the amounts determined by reference to the schedule of fees attached hereto as Attachment A. Notwithstanding anything to the contrary contained herein or in any other Basic Document, the Servicer shall be entitled to receive any Carryover Servicing Fee on any Distribution Date only if and to the extent that sufficient funds are available pursuant to Section 2.8(i) of the Administration Agreement.

  • Master Servicer Collection Account (a) The Master Servicer shall establish and maintain in the name of the Trustee, for the benefit of the Certificateholders, the Master Servicer Collection Account as a segregated trust account or accounts. The Master Servicer Collection Account shall be an Eligible Account. The Master Servicer will deposit in the Master Servicer Collection Account as identified by the Master Servicer and as received by the Master Servicer, the following amounts:

  • Monthly Servicing Report Prior to the Lead Securitization Date, each month, the Servicer shall prepare and shall promptly deliver copies to each of the Holders a report containing the following information:

  • Permitted Withdrawals and Transfers from the Master Servicer Collection Account (a) The Master Servicer will, from time to time on demand of a Servicer or the Securities Administrator, make or cause to be made such withdrawals or transfers from the Master Servicer Collection Account as the Master Servicer has designated for such transfer or withdrawal pursuant to this Agreement and the related Servicing Agreement. The Master Servicer may clear and terminate the Master Servicer Collection Account pursuant to Section 10.01 and remove amounts from time to time deposited in error.

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