Non-Lead Servicer definition

Non-Lead Servicer means any Non-Lead Master Servicer or Non-Lead Special Servicer, as the context may require.
Non-Lead Servicer means from and after the Note A-1 Securitization Date, the servicer and/or special servicer, as applicable, designated under any Non-Lead Servicing Agreement.

Examples of Non-Lead Servicer in a sentence

  • Each of the Servicer, Non-Lead Servicer and related Trustee is an intended third-party beneficiary of this Agreement.

  • Therefore, on a yearly basis there is an evaluation of whether the Diplomat remains in good standing (i.e. continues to be certified because he/she either meets the MOC requirements or has the warning note “not meeting MOC requirements”) or is no longer considered certified because he/she did not get enough hours/credits to meet the MOC requirements in the specified time period (i.e., “certificate lapsed”).

  • Each Servicer, Non-Lead Servicer and related Trustee is an intended third-party beneficiary of this Agreement.

  • In addition, after the Note A-1 Securitization Date, the Note A-1 Holder shall send a copy of the Note A-1 PSA to the Depositor, the Non-Lead Servicer and the Non-Lead Special Servicer under the Note A-2 PSA (as of the Note A-1 Securitization Date) provided such party is not also a party to the Note A-1 PSA.

  • Nothing contained in this Agreement, and no action taken pursuant hereto shall be deemed to constitute the Note A-1 Holder (nor the Servicer or Trustee on its behalf), the Note A-2 Holder (nor the Non-Lead Servicer or Non-Lead Trustee on its behalf) and the Note B Holder as a partnership, association, joint venture or other entity.

  • The Lead Servicer, each Non-Lead Servicer and any Trustee will be entitled to interest on any Advance made in the manner and from the sources provided in the Lead Securitization Servicing Agreement and each other Non-Lead Servicing Agreement, as applicable.

  • The Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Non-Lead Note and the related Non-Lead Servicer and/or the related Trustee will not be required to make any P&I Advance with respect to any Lead Note, any other Non-Lead Note any or any Property Advance.

  • In addition, after the Note A-1 Securitization Date, the Note A-1 Holder shall send a copy of the Note A-1 PSA to the Depositor, the Non-Lead Servicer and the Non-Lead Special Servicer under the Note A-3-A PSA (as of the Note A-1 Securitization Date) provided such party is not also a party to the Note A-1 PSA.

  • The Council will review each plan to ensure that it meets the intent of Section 305(i)(2) of the Magnuson-Stevens Act, and that it contains all required information.

  • Each of the Master Servicer, Special Servicer, the Trustee, any Non-Lead Servicer and any Non-Lead Trustee is an intended third-party beneficiary of this Agreement.


More Definitions of Non-Lead Servicer

Non-Lead Servicer means the Non-Lead Master Servicer or the Non-Lead Special Servicer for a Non-Lead Securitization, as the context may require. “Non-Lead Special Servicer” shall mean the applicable “Special Servicer” under a Non-Lead Securitization Servicing Agreement.

Related to Non-Lead Servicer

  • Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.

  • Non-Lead Depositor means the “depositor” under any Non-Lead Securitization Servicing Agreement.

  • Interim Servicer The servicer under the Interim Servicing Agreement, or its successor in interest, or any successor to the Interim Servicer under the Interim Servicing Agreement, as therein provided.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Non-Lead Certificate Administrator means the “certificate administrator” under any Non-Lead Securitization Servicing Agreement.

  • Non-Lead Sponsor means the Note A-2 Holder in its capacity as the sponsor with respect to the Non-Lead Securitization Note in connection with the Non-Lead Securitization.