A Servicing Transfer definition

A Servicing Transfer. Event with respect to any Loan shall cease to exist:
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A Servicing Transfer. Event for any Mortgage Loan in a Mortgage Loan Combination shall constitute a Servicing Transfer Event for all Mortgage Loans in such Mortgage Loan Combination until all such Mortgage Loans become Corrected Mortgage Loans.
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Examples of A Servicing Transfer in a sentence

  • A Servicing Transfer shall not affect the rights and duties of the parties hereunder, other than those relating to the management, administration, servicing, custody or collection of the Pledged Contracts.

  • A Servicing Transfer shall not affect - 81 - the rights and duties of the parties hereunder, other than those relating to the management, administration, servicing, custody or collection of the Pledged Contracts.

  • Seller shall use its best efforts, at its sole cost and expense, to cause each of the Uncertified Pools to become Certified Pools on or before the Portfolio A Servicing Transfer Date or the Portfolio B Servicing Transfer Date, as the case may be, and thereafter until each Pool becomes a Certified Pool.

  • Section 9.1 Termination by Purchaser or Seller Prior to Portfolio A Servicing Transfer Date.