CONCURRENT SERVICING definition

CONCURRENT SERVICING. The following guidance shall be followed when concurrently servicing passenger aircraft with or without passengers aboard, and cargo aircraft at military installations:
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Examples of CONCURRENT SERVICING in a sentence

  • These purchases shall be IAW applicable Air Force Joint Instruction (AFJI) 23-207 for Air Force installations, and subject to the procedures set forth in paragraph 3.5., CONCURRENT SERVICING, below.

Related to CONCURRENT SERVICING

  • Replacement Servicer has the meaning assigned to that term in Section 6.01(c).

  • GreenPoint Servicing Agreement Solely with respect to the GreenPoint Mortgage Loans, the Master Loan Purchase and Servicing Agreement, dated as of March 1, 2003, between the Transferor, as purchaser, and GreenPoint, as seller and as servicer, and as the same may be amended further from time to time, and any assignments and conveyances related to the GreenPoint Mortgage Loans.

  • Prudent Servicing Practices The standard of care set forth in each Servicing Agreement.

  • Servicing In accordance with Regulation AB, the act of servicing, managing or administering the Mortgage Loans or any other assets of the Trust by an entity (other than the Certificate Administrator and the Trustee) that meets the definition of “servicer” set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set forth in Item 1108 of Regulation AB. For clarification purposes, any uncapitalized occurrence of this term shall have the meaning commonly understood by participants in the commercial mortgage-backed securities market.

  • Special Servicer means the applicable special servicer with respect to the Mortgage Loan appointed as provided in the Lead Securitization Servicing Agreement.