Exceptions Report definition

Exceptions Report. The meaning set forth in the Custodial Agreement.

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Exceptions Report. A list generated by the Collateral Agent in accordance with Section 2.07(a) of the Sale and Servicing Agreement, of Mortgage Loans with respect to which the Collateral Agent holds the Custodial Loan File for the benefit of the Indenture Trustee as of the close of business on the prior Business Day, which list includes codes indicating all Exceptions with respect to each Custodial Loan File listed thereon. Each Exceptions Report shall set forth all Exceptions with respect to the Mortgage Loans covered by the then-current Trust Receipt, and shall be attached to such Trust Receipt.

Exceptions Report means, with respect to a Purchased Loan, a written schedule of exceptions, qualifications or modifications to the related Purchased Loan Representations furnished by Seller to Buyer, as set forth on Schedule 3 to the Confirmation for such Eligible Loan, and approved by Buyer on or prior to the related Purchase Date as evidenced by Buyer’s execution of such Confirmation.

Examples of Exceptions Report in a sentence

• Except to the extent disclosed in a Requested Exceptions Report, Seller or its designee is in possession of a complete, true and accurate Purchased Asset File with respect to each Purchased Asset, except for such documents the originals of which have been delivered to the Custodian.

• Not later than six (6) weeks after the Signing Date, the Master Servicer shall submit to the Trustee an “Initial Exceptions Report Schedule” as provided for below.

• In the event that the Trustee determines that a decision by the Master Servicer to list a loan as Cured is not supported by reasonable evidence, after consultation with the Master Servicer regarding the reasonableness of such evidence, the Trustee shall direct the Master Servicer to issue a revised Monthly Exceptions Report.

• Beginning the first month following the month in which the Master Servicer submits the Initial Exceptions Report Schedule, the Master Servicer shall provide to the Trustee on the last business day of each month a Monthly Exceptions Report listing all Mortgage Loans on the Initial Exceptions Report Schedule exclusive of any Mortgage Loan that has been Cured and shall separately list all Mortgage Loans that have been Cured.

• Subject to Paragraph 12, the Trustee shall use reasonable best efforts to make the Initial Exceptions Report Schedule available on the Trustee’s Global Corporate Trust Investor Reporting website (▇▇▇▇▇://▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇, or any successor thereto) within five (5) business days of its receipt of such report.

More Definitions of Exceptions Report

Exceptions Report. Defined in Section 8.2(a).

Exceptions Report. A list generated by the Custodian in accordance with Section 3 of Contracts with respect to which the Custodian holds the Custodial Asset File for the benefit of the Indenture Trustee as of the close of business on the prior Business Day, which list includes codes indicating all Exceptions with respect to each Custodial Asset File listed thereon. Each Exceptions Report shall set forth all Exceptions with respect to the Contracts then held by the Custodian pursuant to this Agreement.

Exceptions Report means a list, in form and substance reasonably acceptable to Administrative Agent, of all exceptions to the representations and warranties set forth in Exhibit A to this Agreement and any other Eligibility Criteria.

Exceptions Report. The meaning set forth in the Custodial Agreement. Exchange Act: The Securities Exchange Act of 1934, as amended. F▇▇▇▇▇ Mae: The Federal National Mortgage Association and any successor thereto.

Exceptions Report has the meaning set forth in Section 3.1(d).

Exceptions Report. This report identifies work exceptions on a day‐by‐day basis for the staffing activity (e.g., overtime, vacation, etc.). The Exceptions Report can also identify what condition caused the need for the work exception, for example, sick leave, holiday, etc. This report also provides a list of all staff members using that pay code on that day and how many hours they each used.

Exceptions Report means a report on the previous week’s proposed Lane Occupations that were not executed during the preceding week with the reasons why the Lane occupations were not carried out