Disposition Participant definition

Disposition Participant. As applicable, with respect to a Disposition, any "depositor" with respect to such Disposition, the Disposition Agent, the Majority Noteholders, the Issuer, the Servicer, the related trustee and the related custodian, any nationally recognized credit rating agency, the related underwriters, the related placement agent, the related credit enhancer, the related whole-loan purchaser, the related purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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Disposition Participant. With respect to a Disposition, the trustee, custodian, the rating agencies, the underwriter, the placement agent, the credit enhancer, the purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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Disposition Participant. As applicable, with respect to a Disposition, any "depositor" with respect to such Disposition, the Majority Noteholders, the Trust, the Servicer, the related trustee and the related custodian, any nationally recognized credit rating agency, the related underwriters, the related placement agent, the related credit enhancer, the related whole-loan purchaser, the related purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition; it being understood that no Originator, their Affiliates or agents may purchase the Mortgage Loans in connection with a Disposition.
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Examples of Disposition Participant in a sentence

  • Any Payoff Amount sent by a Disposition Participant on account of Mortgage Loans shall be sent to the Note Purchaser or its designee.

  • The Collateral Agent shall deliver such documents accompanied by a Bailee Letter to the Disposition Participant and follow up to ensure that such Disposition Participant has executed the Bailee Letter and returned the same to the Collateral Agent.

  • The Collateral Agent shall not deliver any Custodial Loan File to any potential Disposition Participant unless such Disposition Participant was identified by the related Note Purchaser.

  • The Custodial Loan Files relating to the Mortgage Loans included in a Request for Release shall be sent for delivery by the Collateral Agent to the applicable Disposition Participant specified by the related Originator to the Collateral Agent in writing.

  • The Custodial Loan Files relating to the Mortgage Loans included in a Request for Release shall be sent for delivery by the Collateral Agent to the applicable Disposition Participant specified by the Note Purchaser to the Collateral Agent in writing.

  • From time to time and as appropriate for the Disposition of any of the Mortgage Loans, but only so long as no Event of Default or Amortization Event shall have occurred, the Collateral Agent is hereby authorized, upon written receipt from the Note Purchaser of a Request for Release, in duplicate, to release to the applicable Disposition Participant the related Custodial Loan File.

  • From time to time and as appropriate for the Disposition of any of the Mortgage Loans, but only so long as no Event of Default or Amortization Event shall have occurred, the Collateral Agent is hereby authorized, upon written receipt from the related Originator of a Request for Release, in duplicate, to release to the applicable Disposition Participant the related Custodial Loan File.

  • The Collateral Agent shall not deliver any Custodial Loan File to any potential Disposition Participant unless such Disposition Participant was identified by the Note Purchaser.


More Definitions of Disposition Participant

Disposition Participant means with respect to a Disposition, the trustee, ----------------------- custodian, the rating agencies, the underwriter, the placement agent, the credit enhancer, whole-loan purchaser, purchaser of securities and/or any other party necessary or, in the good faith belief of any of the foregoing, desirable to effect a Disposition.
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