Deficiency Notice definition

Deficiency Notice has the meaning specified in Section 6.1(a);

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Deficiency Notice shall have the meaning set forth in Section 5.5.

Deficiency Notice means, with respect to any Distribution Date, the notice delivered pursuant to Section 4.02(c) by the Servicer to the Indenture Trustee, with a copy to the Insurer and the Trust Agent.

Examples of Deficiency Notice in a sentence

• Such Plan must be provided to the Fund within 30 days after receipt of the Deficiency Notice.

• Such Interest Deficiency Notice shall include (i) the name of the applicable Borrower, (ii) the Monthly Interest Deficiency Amount and (iii) a demand for payment thereof.

• After receipt of such notice, the Custodian shall present the Fund with a written plan (the “Plan”) to address the deficiencies set forth in the Deficiency Notice.

• Such Deficiency Notice shall be provided to the Custodian within 20 days of the end of such calendar quarter.

• Such Deficiency Notice shall direct the Collateral Agent to remit such Spread Account Claim Amount (to the extent of the funds available to be distributed pursuant to the Spread Account Agreement) to the Trust Collateral Agent for deposit in the Collection Account on the related Distribution Date.

More Definitions of Deficiency Notice

Deficiency Notice has the meaning set forth in Section 9(a).

Deficiency Notice shall have the meaning ascribed thereto in Section 6.1(a);

Deficiency Notice has the meaning set forth in Section 3.1.2.

Deficiency Notice shall have the meaning set forth in Section 5.4(a) of this Agreement.

Deficiency Notice. As defined in Section 5.2(a).

Deficiency Notice means written communication by the Board to an applicant in person or at the mailing or electronic address identified on the application notifying the applicant that additional information, including missing documents, is needed to complete the application. The written communication shall:

Deficiency Notice shall have the meaning ascribed thereto in Subsection 2.6(a).