Servicing Period definition

Servicing Period. The meaning set forth in Section 2(b)(iv) hereof.

Servicing Period. As defined in Section 7.04(b).

Servicing Period means the accumulated hours or kms which require a service as per the equipment manufacturers recommended service period interval;

Examples of Servicing Period in a sentence

• Additionally, the Exchange believes that prescribing connectivity protocols on either all Participants or categories of similarly situated Participants ensures that the Exchange makes these prescriptions in an objective manner.

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

• During the Post Claim Servicing Period, the Prior Servicer: (i) will remit to the Purchaser all principal and interest received net of any advances, (ii) will send invoices to Borrower until the Servicing Transfer Date, (iii) may pay real estate tax bills, (iv) may seek extensions of time or continuances in connection with foreclosures and bankruptcies, and (v) in conjunction with Purchasers, will send the Mortgagor Notification advising the Borrowers of the change of servicers.

• The license granted in this Section 9.1 shall terminate on the later of (i) the Termination Date or (ii) the end of the Interim Servicing Period, if applicable.

• During the Interim Servicing Period if any payment due under any Loan is not paid when the same becomes due and payable or Angel Oak becomes aware that the Mortgagor failed to perform any obligation under the Note or Mortgage and such failure continues beyond any applicable grace period, Angel Oak shall so notify Seller and take such action as directed by Seller in writing.

More Definitions of Servicing Period

Servicing Period means, with respect to each HELOC, the period commencing with the related Closing Date and ending with the related Outbound Transfer Date as defined in the Existing Servicing Agreement.

Servicing Period means, with respect to any Loan, any period beginning on the immediately preceding Payment Date (or in the case of the first such period, the Effective Date) and ending on the day immediately preceding such Payment Date.

Servicing Period means the period from the Amendment Effective Date to the Capital One Balance Transfer Agreement Termination Date and thereafter the following periods: May 1, 2003 through October 31, 2003 November 1, 2003 through April 30, 2004 May 1, 2004 through October 31, 2004 November 1, 2004 through April 30, 2005 May 1, 2005 through September 15, 2005." "'Specified Receivables' means the Specified 99-A Receivables and the Specified 99-1 Receivables, collectively."

Servicing Period means, with respect to any Loan, any period beginning on the immediately preceding Payment Date (or in the case of the first such period, the Effective Date) and ending on the day immediately preceding such Payment Date. “Servicing Rights” means, with respect to any Loan, the rights and interests to service and administer such Loan and the responsibility for performing the servicing functions for such Loan. “Servicing Standard” has the meaning set forth in Section 3.01(a). “Servicing Transfer Costs” means all reasonable out-of-pocket costs and expenses incurred in connection with the transfer of servicing, including, without limitation, any reasonable out-of-pocket costs or expenses associated with the complete transfer of all Servicing Files and other servicing data and information, and the completion, correction or manipulation of such servicing data and information as may be reasonably required by Indenture Trustee to correct any errors or insufficiencies in the Servicing File or such other data and information that prevent Indenture Trustee (or any successor servicer) from servicing the Loans in a manner that complies with the Accepted Servicing Practices, but not including overhead or similar internal costs. “Subcontractor” means, subject to the terms hereof, any vendor, third party service provider or other Person that is not responsible for the overall servicing (as “servicing” is commonly understood) of Loans and Borrower Payment Dependent Notes but performs one or more discrete functions with respect to Loans and Borrower Payment Dependent Notes under the direction or authority of Servicer. “U.S. Financial Institution” means a U.S. Person that is a “financial institution”, as such term is defined in 26 C.F.R. 1.1.165-12(c)(1)(iv). “U.S. Person” means a “United States person”, as such term is defined in Section 7701(a)(30) of the Internal Revenue Code. Section 1.02.

Servicing Period means a calendar month.

Servicing Period has the meaning set forth in SECTION 8.1 hereof.

Servicing Period means the period of time from the date of this Agreement to December 31, 2002.