Loan Servicer definition

Loan Servicer means the entity that from time to time is designated by Lender to collect payments and deposits and receive Notices under the Note, the Security Instrument, this Loan Agreement and any other Loan Document, and otherwise to service the Loan evidenced by the Note for the benefit of Lender.
Loan Servicer means the entity that has the contractual right to receive Xxxxxxxx’s Periodic Payments and any other payments made by Xxxxxxxx, and administers the Loan on behalf of Xxxxxx. Loan Servicer does not include a sub-servicer, which is an entity that may service the Loan on behalf of the Loan Servicer.
Loan Servicer means the entity that has the contractual right to receive Borrower’s Periodic Payments and any other payments made by Borrower, and administers the Loan on behalf of Lender. Loan Servicer does not include a sub-servicer, which is an entity that may service the Loan on behalf of the Loan Servicer.

Examples of Loan Servicer in a sentence

  • If Xxxxxxxx receives conflicting notices regarding the identity of the Loan Servicer or any other subject, any such notice from Permanent Lender shall govern.

  • All actions regarding the servicing of the loan evidenced by the Note, including the collection of payments, the giving and receipt of notice, inspections of the Property, inspections of books and records, and the granting of consents and approvals, may be taken by the Loan Servicer unless Xxxxxxxx receives notice to the contrary.


More Definitions of Loan Servicer

Loan Servicer means an entity that has been retained to perform and carry out loan servicing functions with respect to one or more Loans.
Loan Servicer has the meaning set forth in the preamble.
Loan Servicer means the Loan Servicer for the Loans, duly appointed and designated as such pursuant to the Loan Servicing Agreement, dated as of the dated date of the Authority Bonds, between the Authority and the Loan Servicer, and its successors as Loan Servicer under the Loan Servicing Agreement.
Loan Servicer shall have the meaning assigned to it in Section 12.12 hereof.
Loan Servicer means the Department, acting through the Loan Programs Office.
Loan Servicer means the entity that from time to time is designated by Funding Lender Representative pursuant to Section 3.02 of the Project Loan Agreement to collect payments and deposits and receive Notices under the Note, this Instrument and any other Loan Document, and otherwise to service the loan evidenced by the Note for the benefit of Funding Lender and Lender.
Loan Servicer means the servicer of your loan as set out in the schedule. minimum monthly payments for a facility account, means the payments you must make on the account as set out in the schedule as varied from time to time.