Release of Initial Member and Others Sample Clauses

Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the servicing of the Loans or Collateral prior to the applicable Servicing Transfer Date by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of law or willful misconduct of such Prior Servicer. EXHIBIT A LOAN SCHEDULE [Attached] A-1 EXHIBIT B ELECTRONIC TRACKING AGREEMENT Not applicable. SCHEDULE 1 LIST OF VARIOUS FAILED FINANCIAL INSTITUTIONS Bank Name City State Fund Closing Date Silver Xxxxx Xxxx Xxxxxxxxx XX 10013 September 5, 0000 Xxxxx Xxxxxxx Xxxxxxxxx Xxxx Xxxxxxx XX 10025 December 5, 0000 Xxxx xx Xxxxx Xxxxxx Vancouver WA 10029 January 16, 0000 Xxxxx Xxxxxxxx Xxxx Xxxxx XX 00000 January 30, 0000 Xxxxx Xxxx Xxxx Xxxxxxxxxxx XX 00000 March 20, 0000 Xxxx Xxxxxxxx Xxxx Xxxxxxx XX 00000 March 27, 0000 Xxx Xxxxxxxx Xxxx Xxxxxxx XX 00000 April 10, 0000 Xxxxxxxx Xxxxxxxx Xxxx Xxxxxxxx XX 00000 April 24, 0000 Xxxxx Xxxx xx Xxxxxxx Xxxxx Calabasas CA 10054 April 24, 0000 Xxxxx Xxxx xx Xxxxx Xxxxxxx XX 00000 April 24, 0000 Xxxxxxxx Xxxxxxxx Xxxx Xxxxxxxxxx Xxxxx XX 00000 April 24, 0000 Xxxxxxx Xxxx Xxxx Xxxxxx XX 00000 May 1, 0000 Xxxxxxxx Xxxxxxxxx Xxxx Xxxxxxxxx XX 00000 May 1, 0000 Xxxxxxxxx Xxxx Xxxxxxx XX 00000 May 1, 0000 Xxxxxxxxx Xxxx Xxxxxxxxx XX 00000 May 8, 0000 Xxxx xx Xxxxxxxxxxx Xxxxxxxxxxx XX 00000 June 5, 0000 Xxxxxxxxx Xxxx xx Xxxx Xxxxxxx Xxxxx Rica GA 10068 June 26, 0000 Xxxxxxxxx Xxxx Xxxxxxx XX 00000 July 31, 0000 Xxxxxxxxx Xxxx xx Xxxxxx Xxx Xxxxx XX 00000 August 14, 0000 Xxxxxxxxx Xxxx xx Xxxxxxx Xxxxxxx XX 00000 August 14, 0000 Xxxxx Xxxx Xxxxxxxx XX 00000 August 14, 0000 Xxxxx Xxxx Xxxxxxx XX 00000 September 11, 2009 SCHEDULE 2 FEE SCHEDULE [To be provided by Servicer and Manager] SCHEDULE 3 SERVICING OBLIGATIONS [To be provided by Servicer and Manager] SCHEDULE 4 REIMBURSEMENT OF SERVICER ADVANCES [To be provided by Servicer and Manager] SCHEDULE 5 FORM OF ELECTRONIC REPORT ON THE LOANS AND COLLATERAL [To be provided by Servicer and Manager] SCHEDULE 6 TERMINATION WITHOUT CAUSE [To be provided by Servicer and Manager] SCHEDULE 7 BUSINESS PLANS AND CONSOLIDATED BUSINESS PLANS [To be provided by Servicer and Manager] SCH...
AutoNDA by SimpleDocs
Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the servicing of the Loans or Underlying Collateral prior to the applicable Servicing Transfer Date by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of law or willful misconduct of such Prior Servicer. EXHIBIT A LOAN SCHEDULE OMITTED EXHIBIT B ELECTRONIC TRACKING AGREEMENT FORM OF ELECTRONIC TRACKING AGREEMENT THIS ELECTRONIC TRACKING AGREEMENT (this “Agreement”) is made and entered into as of February 9, 2010 by and among (a) RL RES 2009-1 Investments, LLC (the “Manager”); (b) Quantum Servicing Corporation (the “Servicer”); (c) MERSCORP, Inc. (the “Electronic Agent”); (d) Mortgage Electronic Registration Systems, Inc. (“MERS”); (e) the Federal Deposit Insurance Corporation (in any capacity, the “FDIC”), as receiver (“Receiver”) for various failed financial institutions (including its successors and assigns thereto), as initial member pursuant to the LLC Operating Agreement referred to below (the “Initial Member”); and (f) the FDIC, as Receiver, as collateral agent pursuant to the Reimbursement, Security and Guaranty Agreement referred to below (including its successors and assigns thereto) (the “Collateral Agent”).
Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the Servicing (prior to the applicable Servicing Transfer Date) by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of Law or willful misconduct of such Prior Servicer. [Remainder of Page Intentionally Left Blank] EXHIBIT A ASSET SCHEDULE EXHIBIT B [INTENTIONALLY OMITTED]. EXHIBIT C SIGNATURE MULTIFAMILY MORTGAGE LOAN MODIFICATION PROGRAM SIG RCRS D MF 2023 Venture LLC SCHEDULE 2 SERVICING OBLIGATIONS SCHEDULE 3 REIMBURSEMENT OF SERVICER ADVANCES In the exercise of Servicer’s Obligations more fully described on Schedule 2 above, any Servicer Advances made by Servicer shall be reimbursed to Servicer from the Working Capital Reserve Account (as defined in the Manager LLC Agreement) on a monthly basis within 10 days after Servicer’s presentment to Manager of evidence that such Servicer Advance has been made on a Borrower’s behalf and is a permitted Servicing Expense. SIG RCRS D MF 2023 Venture LLC SCHEDULE 3 SCHEDULE 4 FORM OF ELECTRONIC REPORT ON THE ASSETS AND COLLATERAL SCHEDULE 4
Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the Servicing (prior to the applicable Servicing Transfer Date) by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of Law or willful misconduct of such Prior Servicer. EXHIBIT A ASSET SCHEDULE SIG CRE 2023 Venture LLC Servicing Agreement Version 08-2022 SCHEDULE 2 Servicing Obligations SCHEDULE 3
Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the servicing of the Mortgage Loans or Underlying Collateral prior to the applicable Servicing Transfer Date by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of law or willful misconduct of such Prior Servicer.
Release of Initial Member and Others. The Servicer hereby releases and discharges each Prior Servicer from any and all claims (including any counterclaim or defensive claim), demands, causes of action, judgments or legal proceedings and remedies of whatever kind or nature that the Servicer had, has or might have in the future, whether known or unknown, which are related in any manner whatsoever to the Servicing (prior to the applicable Servicing Transfer Date) by the Prior Servicers, in each case other than for acts or omissions constituting gross negligence, violation of Law or willful misconduct of such Prior Servicer. EXHIBIT A ASSET SCHEDULE EXHIBIT B FORM OF ELECTRONIC TRACKING AGREEMENT [If necessary, to be separately provided by the Manager, based on an applicable form to be provided by the Initial Member at such time]

Related to Release of Initial Member and Others

    Time is Money Join Law Insider Premium to draft better contracts faster.