Servicing Functions Clause Samples
Servicing Functions. Open new GAMA accounts; perform GAMA account maintenances; perform daily settlement of GAMA ACH, debit card, and check writing activity with the Dreyfus GAMA product service provider; provide system support for GAMA.
Servicing Functions. Nationstar Mortgage LLC shall ensure that, effective as of the commencement of the Servicing Subsidiary’s operations, the Servicing Subsidiary is capable of and is performing all of the Baseline Servicing Functions, and Subsidiary Servicing Functions. Until such time as the call option (described in paragraph 1.5 below) is exercised, Nationstar Mortgage LLC may continue to perform the Corporate Services on behalf of the Servicing Subsidiary pursuant to a Shared Services Agreement. Nationstar Mortgage LLC may assess the costs of providing the Corporate Services to the Servicing Subsidiary in an amount equal to Nationstar’s direct costs plus a reasonable allocation under an allocation methodology based on changing circumstances, modified from time to time, by Nationstar Mortgage LLC and reasonably acceptable to ▇▇▇▇▇▇ ▇▇▇ of Nationstar’s overhead or general corporate costs.
Servicing Functions. All functions necessary to conduct the Servicing or Subservicing of the Mortgage Loans and operating as a servicing business, including all functions defined in this Agreement as Baseline Servicing Functions, Corporate Services and Subsidiary Servicing Functions.