Servicing Receivables definition

Servicing Receivables means rights to collections under mortgage-related receivables, or other rights to reimbursement of Servicing Advances that the Issuer or a Restricted Subsidiary of the Issuer has made in the ordinary course of business and on customary industry terms.
Servicing Receivables means rights to collections under mortgage-related receivables, or other rights to reimbursement of Servicing Advances that the Company or a Restricted Subsidiary of the Company has made in the ordinary course of business and on customary industry terms.
Servicing Receivables means all rights arising by virtue of being the servicer of Receivables including without limitation, the right to receive servicing fees, ancillary income, reinvestment income, prepayment premiums, reimbursements for advances, or any interest in such rights, whether or not such rights or interests are certificated; provided, however, that Servicing Receivables excludes the right to be or to replace the servicer except for the servicer in connection with the Securitization, whole loan sale, or pledge of Receivables under Warehouse Lines.

Examples of Servicing Receivables in a sentence

  • The Borrower shall not enter into any Servicing Advance Facility with respect to any Servicing Receivables related to Ginnxx Xxx Xxxtgage Loans, or grant or permit to exist any Lien upon any Servicing Receivables related to Ginnxx Xxx Xxxtgage Loans.


More Definitions of Servicing Receivables

Servicing Receivables means, at any time, all Eligible-Foreclosure Receivables, Eligible-P&I Receivables, and Eligible-T&I Receivables.
Servicing Receivables means the servicing rights or any interest therein with respect to any Receivables.
Servicing Receivables means the accounts, receivables and other amounts owing to the Grantor for its own account in respect of Servicing Rights or under a Servicing Contract, including, without limitation, all Eligible Servicing Receivables.
Servicing Receivables means all of the Borrower’s present and future rights to be reimbursed for Servicer Advances made with respect to a Ginnxx Xxx Xxxtgage Loan pursuant to the Ginnxx Xxx Xxxvicing Contract.
Servicing Receivables means all of Borrower’s present and future rights to have, demand, receive, recover, obtain and retain payments and prepayments of principal, interest or both, and tax, assessment, maintenance fee and insurance escrow payments, owing, paid or due to be paid on, under or in respect of Serviced Loans that are the subject of the Pledged Servicing Receivables Agreements, to reimburse Borrower for making advances under such Pledged Servicing Receivables Agreements, including all of Borrower’s present and future rights to have, demand, receive, recover, obtain and retain payment, reimbursement or indemnity for (or making) advances made by Borrower (or its predecessor servicer) under the Pledged Servicing Receivables Agreements, in each case from any other source or sources, including:
Servicing Receivables means all of Borrower’s present and future rights to have, demand, receive, recover, obtain and retain payment, reimbursement or indemnity for (or for making) advances made by Borrower (or its predecessor servicer) under the Approved Servicing Agreements.
Servicing Receivables means all rights arising by virtue of being the Servicer of Receivables, including without limitation, the right to receive servicing fees, ancillary income, reinvestment income, prepayment premiums, reimbursements for advances, or any interest in such rights, whether or not such rights or interests are certificated; PROVIDED, HOWEVER, that Servicing Receivables excludes the right to be or to replace the servicer except in connection with the securitization, whole loan sale or pledge of Receivables under Warehouse Lines."