Servicing Activities Clause Samples
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Servicing Activities. The Service Provider shall maintain, and provide administrative and servicing functions in relation to, the accounts of Customers (the “Servicing Activities”), which shall, except as the parties may otherwise agree from time to time, include without limitation:
(i) answering Customer inquiries regarding account status and history, the manner in which purchases, exchanges and redemptions of the Shares may be effected, the proxy voting policies and record of the Trust, and other matters pertaining to the Funds;
(ii) assisting Customers in designating and changing dividend options, account designations and addresses;
(iii) establishing and maintaining certain shareholder accounts and records, as may reasonably be requested from time to time by the Trust;
(iv) assisting in processing Share purchase, exchange, and redemption transactions;
(v) arranging for the wiring of funds relating to transactions in Shares;
(vi) transmitting and receiving funds in connection with Customer orders to purchase, exchange, or redeem Shares;
(vii) verifying and guaranteeing Customer signatures in connection with redemption orders, transfers among and changes in Customer-designated accounts;
(viii) providing periodic statements showing a Customer’s account balances and, to the extent practicable, integration of such information with information concerning other client transactions otherwise effected with or through the Service Provider;
(ix) furnishing on behalf of the Trust’s distributor (either separately or on an integrated basis with other reports sent to a Customer by the Service Provider) periodic statements and confirmations of all purchases, exchanges, and redemptions of Shares in a Customer’s account required by applicable federal or state law, all such confirmations and statements to conform to Rule 10b-10 under the Securities Exchange Act of 1934, as amended, and other applicable legal requirements;
(x) transmitting proxy statements, annual reports, updating prospectuses, and other communications from the Trust to Customers;
(xi) receiving, tabulating, and transmitting to the Trust proxies executed by Customers with respect to annual and special meetings of shareholders of the Trust;
(xii) providing reports (at least monthly, but more frequently if so requested by the Trust’s distributor) containing state-by-state listings of the principal residences of the beneficial owners of the Shares;
(xiii) completing all customer identification procedures in relation to the Custo...
Servicing Activities. During the term of this Interim Agreement:
(a) Subservicer shall perform all servicing activities with respect to the Mortgage Loans that are required by, and in accordance with the Applicable Requirements. Subservicer shall observe and perform all material covenants, undertakings and obligations required to be observed or performed under to the Interim Agreement, the Purchase and Sale Agreement and the Applicable Requirements. All representations and warranties of Subservicer continued in the Purchase and Sale Agreement are incorporated herein by reference and deemed made by Subservicer on and as of the Sale Date and the Transfer Date. Subservicer shall exercise at least the same standard of care as it usually does in servicing mortgage loans for its own account.
(b) Subservicer shall use commercially reasonable efforts to collect payments due from Mortgagors under the Mortgage Loans as they become due, including but not limited to (i) principal, (ii) interest, (iii) amounts for hazard and flood insurance premiums, mortgage insurance or guaranty premiums, taxes, legal fees, and costs, as well as repayment of amounts advanced by the Subservicer on behalf of the Mortgagor, (iv) late charges, (v) assumption fees and (vi) bad check charges.
(c) During the term of this Interim Agreement, Subservicer shall prepare and deliver to the applicable Investors (with a copy to FNMC) all reports relating to the Mortgage Loans that are required pursuant to the Applicable Requirements. All such reports shall be delivered in a timely manner. Subservicer will provide FNMC with copies of existing computer reports as reasonably requested or a monthly master tape, if requested and to the extent available.
(d) Subservicer shall not, without the prior written consent of FNMC, destroy any Mortgage File records in its possession that relate to the Mortgage Loans, nor shall it instruct any third party to destroy such records.
(e) During the term of this Interim Agreement, FNMC shall have the right to inspect and audit Subservicer's servicing activities and operations, during normal business hours provided that any such inspection and audit shall not unreasonably interfere with Subservicer's activities hereunder and that reasonable notice is given. Subservicer agrees to cooperate with FNMC and to make available such Mortgage File records and other information as FNMC may reasonably request. In the event that FNMC discovers any pattern or practice of Subservicer that is materially in...
Servicing Activities. During the term of this Agreement:
Servicing Activities. During the term of this Addendum, Seller shall, on behalf of Purchaser, properly conduct the Servicing by providing interim servicing for each of the Mortgage Loans in accordance with all Applicable Requirements, including, without limitation, making all Advances that are required under the Servicing Agreements and are eligible for reimbursement by the applicable Investor, subject to reimbursement by the Purchaser in accordance with the terms of the Agreement. 5.
Servicing Activities. Deemed Collections; Events of Repurchase; Indemnities and Setoff ............................................. 8 7. Guaranty ........................................................................................................................................ 10 8.
Servicing Activities. Deemed Collections; Repurchase Events; Indemnities and Set-Off. ............................................................. 5 6. Notices........................................................................................................................................................... 7 7. Expenses ........................................................................................................................................................ 8 8.
Servicing Activities. During the term of this Agreement:
(a) Collection of Payments. Servicer shall on behalf of Purchaser diligently collect all payments due from Mortgagors to Purchaser under the Mortgage Loans as they become due, including but not limited to (i) principal, (ii) interest, (iii) advances for fire and hazard insurance premiums, title insurance premiums, payments with regard to prior liens, taxes, legal fees, foreclosure costs, and other miscellaneous advances, (iv) late charges, (v) extension fees, and (vi) bad check charges, such efforts to include but not be limited to the specific duties set forth herein. All such amounts received on each Mortgage Loan shall be held separate and apart from Servicer’s own funds in a Custodial Account.
Servicing Activities. Deemed Collections; Repurchase Events; Indemnities and Set-Off. 56 6. Notices 78 7. Expenses 89 8. Interest on Overdue Amounts 9 9. Governing Law 9 10. No Non-Direct Damages 9 11. ▇▇▇▇▇▇▇ of Additional Sellers 910 12. Joint and Several Obligations 910 13. General Provisions 10 Schedule I - Form of Purchase Request Schedule II - Account Debtors Exhibit A - Certain Defined Terms Exhibit B - Conditions Precedent for Effectiveness Exhibit C - Representations and Warranties Exhibit D - Covenants Exhibit E - Eligibility Criteria Exhibit F - Servicer Termination Events Exhibit G - Accounts
Servicing Activities. (a) During the Interim Servicing Period (or shall cause its subservicer to), Seller shall, on behalf of Purchaser, conduct the Servicing by providing interim servicing for each of the Mortgage Loans in accordance with all Applicable Requirements in all material respects.
(b) During the Interim Servicing Period, the related Escrow Accounts will continue to be held in the name of Seller or its subservicer, as the case may be. During the Interim Servicing Period, Seller shall, or shall cause its subservicer to, notify Purchaser in the event that any Mortgage Loan becomes ninety (90) calendar days delinquent via applicable monthly reports.
(c) If, during the Interim Servicing Period, Seller or its subservicer receives an Investor repurchase or indemnification demand, Seller shall promptly notify Purchaser.
Servicing Activities. Seat reservation and reservation of SSR's (special service requirements) • Advance upgrading of passengers in line with Carrier's requests • Handover of mileage claim forms, complaint forms, or any other information leaflets as requested by the Carrier • Additional assistance during flight irregularities (meal vouchers, hotel vouchers, transportation to hotels) in accordance with Carrier's instructions.