AHMS definition
Examples of AHMS in a sentence
In the event that AHMS is the named servicer in a Securitization Transaction and enters into a related Reconstitution Agreement, Seller shall provide the information required pursuant to this Section 29(a)(ii) with respect to AHMS.
AHMS is an approved seller/servicer of conventional residential mortgage loans for ▇▇▇▇▇▇ Mae and ▇▇▇▇▇▇▇ Mac, with the facilities, procedures, and experienced personnel necessary for the sound servicing of mortgage loans of the same type as the Mortgage Loans.
The Seller does not believe, nor does it have any reason or cause to believe, that it (or AHMS on its behalf) cannot perform each and every covenant contained in this Agreement.
AHMS is licensed and/or approved as a seller/servicer under state-sponsored residential housing agencies in each state where the failure to be so licensed and/or approved could adversely affect Servicing Rights having an aggregate Collateral Value of more than $5,000,000 of the aggregate Collateral Value of all Servicing Rights.
To the extent permitted under Applicable Law, the AHMS Equityholders shall make, or cause to be made, an election under Code section 6226 and Treasury Regulations thereunder with respect to any Tax Contest in respect of AHMS in respect of any Pre-Closing Tax Period (a “Push-Out Election”).
In the event the Equityholder Representative is entitled to reimbursement, the Equityholder Representative shall first make a written demand for such fees and expenses upon CFC IPA and/or the AHMS Equityholders based on their Pro Rata Portion, as applicable.
On or immediately following the date hereof, the Corporation will purchase all of the PP&E of AHMS.
Prior to the Second Closing, the Excluded Real Property will be transferred to certain AHMS Limited Partners.
Such Equityholder is the record and beneficial owner of, and has good and valid title to, the CFC IPA Shares and/or the AHMS Interests set forth opposite such Equityholder’s name on Section 3.3 of the Disclosure Schedule, free and clear of all Liens, other than those imposed by securities or healthcare Applicable Laws or provided in the Governing Documents of CFC IPA, or that result from any actions taken by or on behalf of any Buyer Party.
Prior to the Second Closing, AHMS shall transfer the Excluded Real Property to certain AHMS Limited Partners such that AHMS shall not own any interest in the Excluded Real Property at the Initial Closing.