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disposition of such eMortgage Loan. \u201cController\u201d means, with respect to an eNote, the party designated in the MERS eRegistry as the \u201cController,\u201d and who in such capacity shall be deemed to be \u201cin control\u201d or to be the \u201ccontroller\u201d of such eNote within the meaning of UETA or E-SIGN, as applicable. \u201cCorporation Tax Treatment Certificate\u201d is defined in Section 7.5(a). \u201cCurrency Agreement\u201d means any foreign exchange contract, currency swap agreement, futures contract, option contract, synthetic cap or other similar agreement or arrangement for the purpose of hedging the currency risk associated with the Seller\u2019s and its Subsidiaries\u2019 operations and not for speculative purposes. \u201cCustodian\u201d means Truist Bank, as Custodian under the Custody Agreement, or any successor custodian under the Custody Agreement acceptable to the Agent. \u201cCustodian\u2019s Fees\u201d means the fees to be paid by the Seller to the Custodian for its services under the Custody Agreement as provided for in the Custody Agreement or by a separate agreement. Such fees are separate from and in addition to other fees to be paid to the Buyers and the Agent provided for in this Agreement. \u201cCustody Agreement\u201d means the Custody Agreement dated as of August 16, 2023 by and among the Agent, the Seller and the Custodian, as it may be supplemented, amended or restated from time to time. \u201cCustomer\u201d means and includes each maker of a Mortgage Note and each cosigner, guarantor, endorser, surety and assumptor thereof, and each mortgagor or grantor under a Mortgage, whether or not such Person has personal liability for its payment of the Mortgage Loan evidenced or secured thereby, in whole or in part. \u201cDaily Adjusting Term SOFR Rate\u201d means, for any day, the rate per annum equal to the Term SOFR Screen Rate at or about 8:00 a.m. (Houston, Texas time) (or as soon thereafter as practical) on such day with a term of one (1) month; provided that, except for a determination by Agent pursuant to Section 6 herein, if such rate is not published on such determination date then the rate will be the Term SOFR Screen Rate on the first Business Day immediately prior thereto;Simple SOFR\u201d means, with respect to each day or any portion thereof (an \u201cAccrual Day\u201d), the SOFR appearing as the rate for the day that is one (1) U.S. Government Securities", "hash": "ab9884186a7373d07c3a0088dff55796", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIYY29udHJvbC1mYWlsdXJlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"size": 101, "snippet": "means, with respect to an eNote, (i) if the Controller status of the eNote shall not have been transferred to Buyer, (ii) Buyer shall otherwise not be designated as the Controller of such eNote in the MERS eRegistry (other than pursuant to a Bailee Letter), (iii) if the eVault shall have released the Authoritative Copy of an eNote in contravention of the requirements of the Custodial Agreement, or (iv) if the Custodian initiated any changes on the MERS eRegistry in contravention of the terms of the Custodial Agreement.", "title": "Control Failure", "id": "control-failure", "examples": ["Seller shall furnish to Administrative Agent written notice immediately upon Seller becoming aware of any <strong>Control Failure</strong> with respect to a Purchased Mortgage Loan that is an eMortgage Loan or any eNote Replacement Failure.", "If, within twelve (12) months of the date of the Bid, the Company has not obtained Control over ORL (the \u201c<strong>Control Failure</strong> Date\u201d), then Linura will have the right to cause Scailex to purchase all of its Ordinary Shares in the Company by delivering written notice to Scailex within thirty (30) days following the <strong>Control Failure</strong> Date (the \u201cFirst Put Option\u201d).", "If Linura does not exercise the First Put Option within thirty (30) days of the <strong>Control Failure</strong> Date, then Scailex shall have the right to purchase all of Linura\u2019s Ordinary Shares by delivering written notice to Linura before the sixtieth (60th) day following the <strong>Control Failure</strong> Date.", "Seller shall immediately notify Buyer and Agent upon becoming aware of any <strong>Control Failure</strong>, eNote Replacement Failure or Unauthorized Servicing Modification with respect to eNotes that are Purchased Loans, other than with respect to any such <strong>Control Failure</strong>, eNote Replacement Failure or Unauthorized Servicing Modification (i) related to eNotes that are Purchased Loans with an aggregate Purchase Price that is less than $3,000,000 and (ii) that is due to an administrative error that is promptly cured."], "related": [["mi-failure", "MI Failure", "MI Failure"], ["gep-failure", "GEP Failure", "GEP Failure"], ["conversion-failure", "Conversion Failure", "Conversion Failure"], ["transaction-failure", "Transaction Failure", "Transaction Failure"], ["service-failure", "Service Failure", "Service Failure"]], "related_snippets": [], "updated": "2026-03-14T06:33:37+00:00"}, "json": true, "cursor": ""}}