Modification Agreements Sample Clauses

Modification Agreements. The Servicer or the related Subservicer, as the case may be, shall be entitled to (A) execute assumption agreements, substitution agreements, and instruments of satisfaction or cancellation or of partial or full release or discharge, or any other document contemplated by this Servicing Agreement and other comparable instruments with respect to the Mortgage Loans and with respect to the Mortgaged Properties subject to the Mortgages (and the Company shall promptly execute any such documents on request of the Servicer) and (B) approve the granting of an easement thereon in favor of another Person, any alteration or demolition of the related Mortgaged Property or other similar matters, if it has determined, exercising its good faith business judgment in the same manner as it would if it were the owner of the related Mortgage Loan, that the security for, and the timely and full collectability of, such Mortgage Loan would not be adversely affected thereby. A partial release pursuant to this Section 3.05 shall be permitted only if the Combined Loan-to-Value Ratio for such Mortgage Loan after such partial release does not exceed the Combined Loan-to-Value Ratio for such Mortgage Loan as of the Cut-Off Date. Any fee collected by the Servicer or the related Subservicer for processing such request will be retained by the Servicer or such Subservicer as additional servicing compensation.
Modification Agreements. 14 Section 3.06 Trust Estate; Related Documents..................................14 Section 3.07 Realization Upon Defaulted Mortgage Loans........................15 Section 3.08 Issuer and Indenture Trustee to Cooperate........................17 Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer......................................................18 Section 3.10 Annual Statement as to Compliance................................18 Section 3.11 Annual Independent Public Accountants' Servicing Report...........................................................19 Section 3.12 Access to Certain Documentation and Information Regarding the Mortgage Loans.....................................19 Section 3.13 Maintenance of Certain Servicing Insurance Policies..............19 Section 3.14 Information Required by the Internal Revenue Service and Reports of Foreclosures and Abandonments of Mortgaged Property...............................................20 Section 3.15 Optional Repurchase or Transfer of Mortgage Loans................20 Section 3.16 Hedge Agreement..................................................21 Section 3.17 Reserved.........................................................21 Section 3.18 Pre-Funding Account..............................................21 Section 3.19 Capitalized Interest Account.....................................23 Section 3.20 Enforcement of Due-on-Sale Clauses; Assumption and Modification Agreements; Certain Assignments.....................24 Section 3.21 Advance Facility.................................................25
Modification Agreements. Section 3.06 Trust Estate; Related Documents......................................................... Section 3.07 Realization Upon Defaulted Loans; Loss Mitigation....................................... Section 3.08 Issuing Entity and Indenture Trustee to Cooperate....................................... Section 3.09 Servicing Compensation; Payment of Certain Expenses by Servicer......................... Section 3.10 Annual Statement as to Compliance....................................................... Section 3.11
Modification Agreements. 11 Section 3.06 TRUST ESTATE; RELATED DOCUMENTS.......................................................12 Section 3.07 REALIZATION UPON DEFAULTED MORTGAGE LOANS.............................................13 Section 3.08 COMPANY AND INDENTURE TRUSTEE TO COOPERATE............................................14 Section 3.09 SERVICING COMPENSATION; PAYMENT OF CERTAIN EXPENSES BY SERVICER.......................15 Section 3.10 ANNUAL STATEMENT AS TO COMPLIANCE.....................................................15 Section 3.11
Modification Agreements. Section 3.06 Trust Estate; Related Documents.................................. Section 3.07 Realization Upon Defaulted Mortgage Loans........................ Section 3.08 Depositor and Indenture Trustee to Cooperate..................... Section 3.09
Modification Agreements. Section 3.06 Trust Estate; Related Documents.................................. Section 3.07 Realization Upon Defaulted Loans; Loss Mitigation................ Section 3.08 Issuing Entity and Indenture Trustee to Cooperate................ Section 3.09
Modification Agreements. 12 Section 3.06. Trust Estate; Related Documents............................ 13 Section 3.07. Realization Upon Defaulted Revolving Credit Loans.......... 14 Section 3.08. 1996-RHS4 LLC and Indenture Trustee to Cooperate........... 15
Modification Agreements. 12 Section 3.06.Trust Estate; Related Documenxx................................ 12 Section 3.07.Realization Upon Defaulted Revolving Credit Loans.............. 13 Section 3.08.Issuer and Indenture Trustee to Cooperate...................... 15
Modification Agreements. The Company shall deliver or cause to be delivered to Parent at least five business days prior to the Closing, the Modification Agreements contemplated by Section 1.12(c).
Modification Agreements. With respect to (i) the Waiver and Termination Agreements between First Community Bank , on the one hand, and respectively Messrs. Albert R. Jackson, III, Keith Lindauer and William Dean Jackson on txx xxxxx xxxx, (xi) the Xxxxxxxxxxxxxxt of Xxxxxxxnx xxxxxxxxxxs executed by First Community Bank, on the one hand, and respectively by each of the Affiliated Shareholders and Messrs. Keith Lindauer, Donald Goeb and William Dean Jackson, on the other hxxx, xxx (xxx) txx Xxxxxxxxion axx Xxxxtxxx xx Xxxxx Retirement instruments respectively executed by Messrs. Albert R. Jackson, Jr., Xxxxx X. Xxxxx xxx Xxrrill M. Wesemann (collectively, the " Modificaxxxx Xxxxxxxxxs"): xxxx xx xxx xxxxxxx respectively executing and delivering the Modification Agreements has all requisite personal capacity (or in the case of First Community Bank, corporate power and authority) to execute and deliver the Modification Agreements to which he or it is a party and to effect the waivers, acknowledgments and other actions respectively contemplated thereby. The Company has delivered true and complete copies of such signed Modification Agreements to Parent prior to the execution of this Agreement by Parent.