DBSP definition
Examples of DBSP in a sentence
Any fees and expenses incurred by the Master Servicer in connection with the appointment of the Servicer shall be paid by DBSP.
Each of the Depositor, DBSP, the Master Servicer and the Trustee consents to the appointment of the Servicer, and hereby designates the Servicer as servicer of the Serviced Loans from and after the Effective Date.
DBSP and/or ACE, as applicable hereby agree with Party A to provide Party A with the calculations and any other information reasonably requested by Party A with respect to the determination that led to a Regulation AB Event.
Each of the Depositor, DBSP, the Master Servicer and the Trustee consents to the appointment of the Servicer, and hereby designates ▇▇▇▇▇ Fargo Bank, N.A., as Servicer of the Serviced Loans from and after the Effective Date.
DBSP hereby terminates the GMAC Servicing Agreement, pursuant to Section 6.01(b) thereof, with respect to the Subject Mortgage Loans, effective as of the Termination Effective Date.
DBSP and GMAC hereby agree that the terms of Section 6.01(b) shall apply to the termination of the GMAC Servicing Agreement with respect to the Subject Mortgage Loans; provided that such Section, as it applies to such termination, is hereby modified by deleting the phrase “and Termination Fee” from the third and fourth sentences.
DBSP hereby terminates the GMACM Servicing Agreement, pursuant to Section 6.01(b) thereof, with respect to the Subject Mortgage Loans, effective as of the Termination Effective Date.
DBSP and the Servicer hereby agree that the terms of Section 6.01(b) shall apply to the termination of the GMACM Servicing Agreement with respect to the Subject Mortgage Loans; provided that such Section, as it applies to such termination, is hereby modified by deleting the phrase “and Termination Fee” from the third and fourth sentences.
The Worldpay executive directors are not expected to receive Retention Bonuses and further awards are not currently intended to be made under the DBSP.
Each of the Depositor, DBSP and the Master Servicer consents to the appointment of the Servicer, and hereby designates ▇▇▇▇▇ Fargo Bank, N.A., as Servicer of the Serviced Loans from and after the Effective Date.