New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; NIPs means the Non-Investment Products Code; Nominee has the meaning given to it in Clause 19.1 of the Programme Agreement; Non-Forward Starting Covered Bond Swap Agreement means each agreement between the LLP, a Covered Bond Swap Provider and the Security Trustee governing any Covered Bond Swaps in respect of a Series or Tranche, as applicable, of Covered Bonds which provides a hedge against certain interest rate, currency and/or other risks in respect of amounts received by the LLP under the Loans in the Portfolio and the Interest Rate Swap and amounts payable by the LLP under the Intercompany Loan Agreement (prior to service of a Notice to Pay or service of an LLP Acceleration Notice) and under the Covered Bond Guarantee in respect of Covered Bonds (after service of a Notice to Pay or service of an LLP Acceleration Notice) in the form of an ISDA Master Agreement, including a schedule, one or more confirmations and a credit support annex; Non-eligible NGCB means a NGCB which is not intended to be held in a manner which would allow Eurosystem eligibility, as stated in the applicable Final Terms Document.
New Servicer means any member of the Scotiabank Group (other than the Bank and Scotia Mortgage Corporation) appointed as a new servicer in accordance with the Servicing Agreement.
New Servicer means Purchaser, or any Person selected by the Purchaser to service the Mortgage Loans.
Examples of New Servicer in a sentence
If the Initial Servicing Agreement is subject to termination and the CBC is not able to appoint a New Servicer, the servicing and custody of the Transferred Receivables may be interrupted or otherwise adversely affected, which, in turn, may adversely affect the rights of the holders of the Covered Bonds.
More Definitions of New Servicer
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NGN means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 4 of the Representative and Agency Agreement or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 4 of the Representative and Agency Agreement, in either case where the applicable Final Terms specify that the Covered Bonds are in NGN form; Nominee has the meaning given to it in Clause 17.1 of the Programme Agreement; notice means, in respect of a notice to be given to Covered Bondholders, a notice validly given pursuant to Condition 14 (Notices) of the Terms and Conditions; Notice to Pay has the meaning given to it in Condition 10.1 (Events of Default, Acceleration and Enforcement – Issuer Events of Default) of the Terms and Conditions; offer conditions means the terms and conditions applicable to a specified Loan as set out in the relevant offer letter to the Borrower;
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; New Stand-By Bank Account Agreement has the meaning given to it in Section 4.1(g) of the Cash Management Agreement; New Stand-By GDA Agreement has the meaning given to it in Section 4.1(g) of the Cash Management Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; NIPs means the Non-Investment Products Code;
New Servicer. Advanta Mortgage Corp. USA, a Delaware corporation. ------------
New Servicer has the meaning ascribed to it in Section 4.13.
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; NIPs means the Non-Investment Products Code; Nominee has the meaning given to it in Clause 19.1 of the Programme Agreement;
New Servicer means that entity selected to service the Note Collateral of those Noteholders electing the Collateral Option under the Plan.
New Servicer means the newly organized servicing subsidiary of Reorganized WFSG to be formed on the Effective Date.