Interim Servicing Agreement definition

Interim Servicing Agreement. The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

Interim Servicing Agreement means, collectively, certain servicing agreements (or other servicing arrangements), entered into between the Initial Holders (or their affiliates), as owners, and the Interim Servicer, as servicer, and any replacement servicing agreement entered into with any successor Interim Servicer appointed jointly by the Holders.

Interim Servicing Agreement means that certain interim servicing agreement to be negotiated in good faith between the parties hereto after the date hereof. Until such time as the parties hereto execute an Interim Servicing Agreement, the Noteholders shall cause the Mortgage Loan to be serviced by in accordance with this Agreement and the customary and usual servicing practices of originators of commercial mortgage loans intended to be securitized.

Examples of Interim Servicing Agreement in a sentence

• Exhibit F to this Agreement provides the Interim Servicing Agreement between the Purchaser and the Prior Servicer for the Post Claim Servicing Period.

• Within twenty (20) Business Days after receipt from a Prior Servicer of an invoice for interim servicing fees due to and advances made by such Prior Servicer from the Claim Date through the Servicing Transfer Date (the ―Interim Servicing Fees and Expenses‖), Purchaser shall pay or cause the New Servicer to pay such Interim Servicing Fees and Expenses in full in accordance with Article II of the Interim Servicing Agreement, attached as Exhibit F of this Agreement.

• On the related Servicing Transfer Date, in accordance with the terms of the Interim Servicing Agreement, attached as Exhibit F of this Agreement, the Prior Servicer shall transfer to the New Servicer the servicing for the Mortgage Loans.

• Ameriquest Mortgage was additionally a party to a September 17, 2004 Mortgage Loan Purchase and Interim Servicing Agreement (MLPA) providing for the transfer of loans from Ameriquest Mortgage to EMC.

• There is no dispute between the parties that all asset-backed servicing revenue is includable as BASI revenue with the exception of one item - NACC Franchise.The NACC Franchise revenue was derived from the IFC loans, which were added to the Nomura Interim Servicing Agreement pursuant to an Acknowledgment Agreement dated November 9, 1999.

More Definitions of Interim Servicing Agreement

Interim Servicing Agreement. That certain Flow Interim Servicing Agreement, dated as of the date hereof, by and between the Purchaser and the Seller. Investor: With respect to each MERS Designated Mortgage Loan, the Person named on the MERS(R) System as the investor pursuant to the MERS Procedures Manual.

Interim Servicing Agreement shall have the meaning assigned to such term in the recitals.

Interim Servicing Agreement means that certain interim servicing agreement, dated as of December 1, 1998, between GACC, as owner, and the Interim Servicer, as servicer, and any replacement servicing entered into with any successor Interim Servicer appointed jointly by the Note Holders.

Interim Servicing Agreement. The Interim Servicing Agreement, between Purchaser and Seller, as servicer, dated as of August 1, 2002, as amended by Amendment No. 1, dated as of January 15, 2004, which agreement provides for the Seller to service the Mortgage Loans for an interim period. Investor: With respect to each MERS Designated Mortgage Loan, the Person named on the MERS(R) System as the investor pursuant to the MERS Procedures Manual.

Interim Servicing Agreement means that certain interim servicing agreement between KeyBank National Association and Column dated as of June 30, 2002 (as may be amended from time to time).

Interim Servicing Agreement means that certain interim servicing agreement between MSBNA, as owner, and Xxxxx Fargo Bank, National Association, as servicer, dated as of May 13, 2011.

Interim Servicing Agreement means that certain interim servicing agreement to be negotiated in good faith between the parties hereto after the date hereof. Until such time as the parties hereto execute an Interim Servicing Agreement, the Noteholders shall cause the Mortgage Loan to be serviced by JPMorgan Chase Bank, National Association, who shall cause C-III Asset Management, LLC to subservice the Mortgage Loan in accordance with this Agreement and the customary and usual servicing practices of originators of commercial mortgage loans intended to be securitized. The Servicing Fee Rate under the Interim Servicing Agreement will be 1.7 basis points per annum, paid monthly based on the outstanding principal balance of the Notes and calculated on the same basis as interest is accrued on the Mortgage Loan.