Instruction Letter definition

Instruction Letter means a letter agreement between the Seller and each Subservicer substantially in the form of Exhibit B attached hereto.
Instruction Letter means a letter agreement between the Borrower and each Subservicer substantially in the form of Exhibit J attached hereto, in which such Persons acknowledge the Lender's security interest in the Mortgage Loans, and agree to remit any collections with respect to the Mortgage Loans as the Lender may so direct from time to time, which Instruction Letter may be delivered by Lender to such Subservicer in its sole discretion.
Instruction Letter means a letter agreement between Seller and each Subservicer or interim servicer of Purchased Loans substantially in the form of Exhibit I attached hereto, in which such Persons acknowledge Buyer’s interest in each such Loan, and agree to remit any collections with respect to such Loans to the Collection Account or as Buyer may otherwise direct from time to time, which Instruction Letter may be delivered by Buyer to such Subservicer in its sole discretion.

Examples of Instruction Letter in a sentence

  • Such Escrow Instruction Letter shall inure to the benefit of, and the rights thereunder may be enforced by, the loan originator and its successors and assigns, including Buyer.


More Definitions of Instruction Letter

Instruction Letter means joint written instructions in a form acceptable to NCPS and executed by Issuer Party directing NCPS to the disburse the Escrow Funds to Issuer pursuant to Section 4(a).
Instruction Letter shall have the meaning ascribed to such term in the Recitals.
Instruction Letter means the letter regarding completion of a Proof of Claim, which letter shall be substantially in the form attached hereto as Schedule “D”;
Instruction Letter has the meaning set forth in Section 3.2(a) hereof.
Instruction Letter has the meaning set forth in Section 2.2(c).
Instruction Letter means the instruction letter sent to Creditors in a document substantially in the form of Schedule [""] hereto;
Instruction Letter means the instruction letter to Subject Members, substantially in the form attached as Schedule “A” hereto, regarding the completion of a Notice of Dispute by the Subject Member, and the Receiver’s Collection Plan described herein;