Depositor Loan Trustee definition

Depositor Loan Trustee means Xxxxx Fargo Bank, N.A., not in its individual capacity but solely as Depositor Loan Trustee under the Depositor Loan Trust Agreement. “Depositor Loan Trustee” shall also mean each successor Depositor Loan Trustee as of the qualification of such successor as Depositor Loan Trustee under the Depositor Loan Trust Agreement.
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Depositor Loan Trustee shall also mean each successor Depositor Loan Trustee as of the qualification of such successor as Depositor Loan Trustee under the Depositor Loan Trust Agreement.
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Depositor Loan Trustee means Wilmington Savings Fund Society, FSB, a federal savings bank.
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Examples of Depositor Loan Trustee in a sentence

  • Each of Depositor, the Depositor Loan Trustee, each Subservicer and the Servicer shall, prior to the sale or transfer to a third party of any loan held in its custody, examine its computer records and other records to determine that such loan is not, and does not include, a Loan.

  • Each of the Owner Trustee the Depositor Loan Trustee, the Issuer Loan Trustee and the Back-up Servicer is a third-party beneficiary to this Indenture and is entitled to the rights and benefits hereunder and may enforce the provisions hereof as if such Person were a party hereto.

  • All representations, warranties, and covenants in this Agreement will survive the sale of the Purchased Assets to the Depositor and the Depositor Loan Trustee for the benefit of the Depositor, the conveyance of the Purchased Assets to the Issuer and the Issuer Loan Trustee for the benefit of the Issuer and the grant of a security interest in the Purchased Assets to the Indenture Trustee under the Indenture.

  • The Depositor Loan Trustee is in good standing and is duly qualified to do business, and has obtained all necessary licenses and approvals, in each jurisdiction in which failure to so qualify or to obtain such licenses and approvals would have an Adverse Effect.

  • Such termination shall be automatic, without any required action of the Depositor, the Depositor Loan Trustee, the Indenture Trustee, the Issuer, the Issuer Loan Trustee or any Noteholder.

  • The Depositor and the Depositor Loan Trustee for the benefit of the Depositor shall not be required to purchase any Loan hereunder if the Depositor does not have sufficient funds or other assets which may constitute consideration under the terms hereof (unencumbered by any Lien, including any Lien of the Issuer, the Issuer Loan Trustee or the Indenture Trustee) to pay the Purchase Price in respect of such Loan.

  • Upon such examination and conclusion that such loan is not, and does not include, a Loan, the Depositor, the Depositor Loan Trustee, each Subservicer and the Servicer shall be free to sell, transfer or otherwise assign such loan.

  • The Depositor and the Depositor Loan Trustee intend to sell from time to time their interests in these loans to the Issuer and the Issuer Loan Trustee for the benefit of the Issuer pursuant to the Sale and Servicing Agreement and the Issuer and the Issuer Loan Trustee intend to grant a security interest in these loans to the Indenture Trustee pursuant to the Indenture.

  • Upon discovery by the Depositor, the Depositor Loan Trustee, the Servicer, the Issuer or the Issuer Loan Trustee of a breach of any of the representations and warranties set forth in Section 2.04 or this Section 2.05, the party discovering such breach shall give notice to the other parties and to the Indenture Trustee within five (5) Business Days following such discovery; provided that the failure to give notice within five (5) Business Days does not preclude subsequent notice.

  • The Depositor Loan Trustee agrees to take any action reasonably requested by the Depositor in order to effectuate such cure or repurchase.


More Definitions of Depositor Loan Trustee

Depositor Loan Trustee means Wilmington Savings Fund Society, FSB, a federal savings bank. “Depositor Repurchase Event” has the meaning specified in the Transfer Agreement.
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Depositor Loan Trustee means WTNA, acting in such capacity under the Depositor Loan Trust Agreement.
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Depositor Loan Trustee means Wilmington Trust, National Association, acting in such capacity under the Depositor Loan Trust Agreement.
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Depositor Loan Trustee means Wilmington Savings Fund Society, FSB, a federal savings bank. “Depositor Repurchase Event” has the meaning specified in the Transfer Agreement. “Depository” means the Clearing Agency or Foreign Clearing Agency, as applicable.
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Related to Depositor Loan Trustee

  • Depositor means Advisors Asset Management, Inc. and its successors in interest, or any successor depositor appointed as hereinafter provided."

  • indenture trustee or "institutional trustee" means the Trustee.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Bond Trustee means the company designated as such in the preamble to these Bond Terms, or any successor, acting for and on behalf of the Bondholders in accordance with these Bond Terms.

  • Owner Trustee means Wilmington Trust Company, a Delaware trust company, not in its individual capacity but solely as owner trustee under this Agreement, and any successor Owner Trustee hereunder.

  • Note Trustee means the Person identified as the “Trustee” in the Indenture, solely in its capacity as Trustee pursuant to the Indenture and not in its individual capacity, or its successor in interest in such capacity, or any successor Trustee appointed as provided in the Indenture.

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.