Depositor definition

Depositor means the Seller in its capacity as Depositor under the Trust Agreement.

Examples of Depositor in a sentence

  • We provided the Mortgage Loan Sellers (as applicable) a list of any differences that were found (subject to the instruction(s) provided by the Depositor described below).

  • For the purpose of this procedure, the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to ignore differences of +/- $1 or less.

  • For the Green Valley Corporate Center North Mortgage Loan and any Mortgage Loan that is not a Mortgage Loan With Existing Mezzanine Debt, the applicable Mortgage Loan Seller(s), on behalf of the Depositor, instructed us to use “NAP” for each of the characteristics listed in i.

  • For the purpose of the procedures described in this report, the Depositor provided us with a schedule (the “Mortgage Loan Schedule”) containing a list of the Mortgage Loans (the “Mortgage Loans”) and the original principal balance of each Mortgage Loan, which is shown on Exhibit 1 to Attachment A.

  • As instructed by the Depositor, we compared the results of the recalculations or comparisons for each Mortgage Loan that are described in the preceding Items to the corresponding information on the updated Underwriting Files, ASRs (as applicable) or Underwritten Rent Rolls (as applicable).


More Definitions of Depositor

Depositor has the meaning specified in the preamble to this Trust Agreement.
Depositor. IndyMac MBS, Inc., a Delaware corporation, or its successor in interest. Depository: The initial Depository shall be The Depository Trust Company, the nominee of which is CEDE & Co., as the registered Holder of the Book-Entry Certificates. The Depository shall at all times be a "clearing corporation" as defined in Section 8-102(a)(5) of the UCC.
Depositor means (i) with respect to the Note A-1 Securitization, the depositor under the Note A-1 PSA and (ii) with respect to the Note A-2 Securitization, the depositor under the Note A-2 PSA.
Depositor means the Seller in its capacity as Depositor hereunder.