Delinquency Control. The Servicer shall:
Delinquency Control. Except as otherwise directed by the Company, the Servicer shall maintain a collection department that substantially complies with the Servicing Standard and protect the Company’s investment in the Loans in accordance with the Servicing Standard with Borrowers who are delinquent or in default.
Delinquency Control. Subservicer shall:
Delinquency Control. The Subservicer shall, in accordance with and subject to Applicable Requirements, including without limitation the applicable Servicing Agreement:
Delinquency Control. (a) Subject to the Servicing Standard, the Loan and Note Servicer shall be responsible for protecting the Company’s interest in the Borrower Loans by dealing effectively with Borrowers who are delinquent or in default. The Loan and Note Servicer’s Delinquent Loan servicing program shall include an adequate accounting system that will immediately and positively indicate the existence of Delinquent Loans, a procedure that provides for sending delinquent notices and assessing late charges, and a procedure for the individual analysis of distressed or chronically delinquent Borrower Loans.
Delinquency Control. (a) Subject to the Servicing Standard, the Loan and Note Servicer shall be responsible for protecting the Company’s interest in the Borrower Loans by dealing effectively with Borrowers who are delinquent or in default. The Loan and Note Servicer’s Delinquent Loan servicing program shall include an adequate accounting system that will immediately and positively indicate the existence of Delinquent Loans, a procedure that provides for sending delinquent notices and assessing late charges, and a procedure for the individual analysis of distressed or chronically delinquent Borrower Loans. 1 Cross-reference needs to be confirmed once Indenture is finalized.
Delinquency Control. The Seller shall, in accordance with and subject to Applicable Requirements, including without limitation the applicable Servicing Agreement:
Delinquency Control. 123.1 All employer contributions and union deductions shall be remitted by the fifteenth (15th) day of the month following the month for which contributions and deductions were made to the administrator of LU 663 funds together with supporting information on a form as designated by LU 663 and MCAS. At no time shall the contributions, deductions, allowances and/or remittances be paid directly to the employee. If an employer does not have any employees in his employ, he shall submit a nil report in accordance with the above. The nil report shall only be required for the first month when no employees are working in subsequent months. 123.2 In the event, the employer fails to forward or deliver contributions and/or deductions with supporting information in accordance with 123.1 above, the employer shall pay liquidated damages of two (2%) percent of the arrears for each month or part thereof from the due date provided the employer has received ten (10) days prior written notice from the union to correct such delinquency and had not done so.
Delinquency Control. Subservicer shall, with respect to each Subserviced Mortgage Loan, as and to the extent required by the Applicable Servicing Requirements:
Delinquency Control. In full compliance with the Guide, Subservicer shall:
