Securitization Services Clause Samples

The Securitization Services clause defines the responsibilities and procedures related to the management and administration of financial assets that are pooled and converted into securities. Typically, this clause outlines the roles of the parties involved, such as the originator, servicer, and trustee, and details the processes for collecting payments, distributing proceeds to investors, and reporting on asset performance. By establishing clear guidelines for the handling and oversight of securitized assets, this clause ensures transparency, protects investor interests, and facilitates the smooth operation of securitization transactions.
Securitization Services. Section 13.1 SECURITIZATION. (a) On or prior to the date on which *** of Lease Financing Loans have been funded hereunder, the Lender at its sole discretion may choose to engage in a Securitization. Thereafter, the Lender will use its best efforts to engage in a Securitization. (b) The eRoom Parties agree to cooperate with the Lender in effecting a Securitization (including signing any documents necessary thereto) in such format as the Lender reasonably determines will maximize the economic interests of the Lender. To such end the provisions of Article III, Section 8 "Securitization Services" of the Program Agreement are incorporated herein.
View SourceView Similar (3)
Securitization Services. Services necessary to the pooling, processing, and securitization of pools of mortgage loans have not been negotiated and are not part of the scope of services contemplated in this Agreement. Any such services that may be required in the future will require the negotiation and completion of an additional scope of services agreement and will be separately priced from the services currently covered under this Agreement.
View SourceView Similar (2)
Securitization Services a. The Program will engage in the Securitization of Business Leases or Lease Financing Loans. Until cumulative funding of $25 million of Lease Financing Loans is attained, ALC, at its sole discretion, may choose to engage in a Securitization. When $25 million or more of funding of Lease Financing Loans is attained, ALC will use its best efforts to engage in a Securitization. The parties anticipate that either (i) RSi SPE will transfer or contribute the Business Leases to a trust which, in turn, will issue securities to investors ("Investors"), ALC and RSi or (ii) ALC will transfer or contribute the Lease Financing Loans to a trust which, in turn, will issue securities to Investors and ALC, but not RSi except to the extent specifically set forth herein. RSi and RSi SPE agree to cooperate with ALC in effecting the Securitization in such format as ALC reasonably determines will maximize the economic interests of ALC (and RSi if RSi is to receive any securities from such Securitization) resulting from such Securitization as anticipated in this Agreement and RSi and RSi SPE will execute all documents reasonably necessary to effectuate such Securitization. ALC will manage the Securitization process by providing such services as may be required as determined in ALC's sole and absolute discretion, including, but not limited to, the following: (i) assistance in the generation of a private placement memorandum or prospectus and prospectus supplement, if any; (ii) assistance in placement of securities with investors; (iii) settlement date accounting; (iv) proceeds distribution; (v) assistance in presenting Business Leases/Lease Financing Loans and proposed structure of the Securitization to rating agencies and monoline insurance providers and responding to rating agency/monoline insurance providers' inquiries; and (vi) all other aspects of the closing of the Securitization process. b. Any third party, including, but not limited to investment bankers and legal counsel, to be used in the Securitization process shall be selected by ALC. c. ALC intends to work with one or more third parties on Securitization file preparation for all Business Leases/Lease Financing Loans, to ensure consistent presentation of lease related information to rating agencies and investors. RSi agrees to cooperate with any and all reasonable information requests of ALC and its third parties relating to the sale of the Business Leases/Lease Financing Loans in connection with a Securitization. d. ...
View Source

Related to Securitization Services

  • Collection Services General 5-1 5.02 Solid Waste Collection 5-1 5.03 Targeted Recyclable Materials Collection 5-3

  • Acquisition Services (i) Serve as the Company’s investment and financial advisor and provide relevant market research and economic and statistical data in connection with the Company’s assets and investment objectives and policies; (ii) Subject to Section 4 hereof and the investment objectives and policies of the Company: (a) locate, analyze and select potential investments; (b) structure and negotiate the terms and conditions of transactions pursuant to which investments in Properties, Loans and other Permitted Investments will be made; (c) acquire, originate and dispose of Properties, Loans and other Permitted Investments on behalf of the Company; (d) arrange for financing and refinancing and make other changes in the asset or capital structure of investments in Properties, Loans and other Permitted Investments; and (e) enter into leases, service contracts and other agreements for Properties, Loans and other Permitted Investments; (iii) Perform due diligence on prospective investments and create due diligence reports summarizing the results of such work; (iv) Prepare reports regarding prospective investments that include recommendations and supporting documentation necessary for the Directors to evaluate the proposed investments; (v) Obtain reports (which may be prepared by the Advisor or its Affiliates), where appropriate, concerning the value of contemplated investments of the Company; (vi) Deliver to or maintain on behalf of the Company copies of all appraisals obtained in connection with the Company’s investments; and (vii) Negotiate and execute approved investments and other transactions, including prepayments, maturities, workouts and other settlements of Loans and other Permitted Investments.

  • Disposition Services The Manager shall: (i) evaluate and approve potential asset dispositions, sales, or liquidity transactions; and (ii) structure and negotiate the terms and conditions of transactions pursuant to which the assets of the Company may be sold.

  • Financing Services The Manager shall: (i) identify and evaluate potential financing and refinancing sources, engaging a third party broker if necessary; (ii) negotiate terms of, arrange and execute financing agreements; (iii) manage relationships between the Company and its lenders, if any; and (iv) monitor and oversee the service of the Company’s debt facilities and other financings, if any.

  • Education services 1.1 Catholic education is intrinsic to the mission of the Church. It is one means by which the Church fulfils its role in assisting people to discover and embrace the fullness of life in ▇▇▇▇▇▇. Catholic schools offer a broad, comprehensive curriculum imbued with an authentic Catholic understanding of ▇▇▇▇▇▇ and his teaching, as well as a lived appreciation of membership of the Catholic Church. Melbourne Archdiocese Catholic Schools Ltd (MACS) governs the operation of MACS schools and owns, governs and operates the School. 1.2 Parents and guardians, as the first educators of their children, enter into a partnership with the Catholic school to promote and support their child’s education. Parents and guardians must assume a responsibility for maintaining this partnership by supporting the school in the provision of education to their children within the scope of School's registration and furthering the spiritual and academic life of their children.