FAP Certification Program definition

FAP Certification Program means the procedures maintained by Holdings that are designed to monitor third-party originating brokers that are part of Holding’s Funding Advisor Program Channel based upon qualification parameters set by Holdings.

Related to FAP Certification Program

  • Back-Up Certification As defined in Section 6.20(e)(iv).

  • S▇▇▇▇▇▇▇-▇▇▇▇▇ Certification As defined in Section 11.09.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.

  • ▇▇▇▇▇▇▇▇-▇▇▇▇▇ Certification As defined in Section 11.05.

  • Servicer Certification As defined in Section 3.22(b) hereof.