OFSA definition
Examples of OFSA in a sentence
National Financial hereby directs NAFI to deliver the materials referenced in the preceding clause (i) of the second preceding sentence to OFSA, as Custodian, and hereby directs NAFI to remit any payments received by NAFI and referenced in the preceding sentence or in clause (ii) of the second preceding sentence to the Collection Account.
In addition, NAFI shall, prior to the effectiveness of the termination of OFSA as Sub-Servicer, obtain the written consent of Financial Security to such termination, which consent shall not be unreasonably withheld.
NAFI hereby covenants to provide Financial Security with prior notification of the occurrence of any event or events that, individually or the aggregate, constitute a material transfer of servicing functions from OFSA to NAFI.
If the Partnership Properties ------------------------------ are sold, the Owner agrees to furnish the Agent with an agreement signed by the purchaser assuming the Owner's obligations to pay compensation earned under Section 5.1 of this Agreement.
Once the Occupancy Period has started, this Agreement may not be terminated and the student is responsible for 100% of occupancy costs due under this Agreement, unless OFSA, in its sole discretion, authorizes early termination on a case-by-case basis.
The Servicer may delegate duties under this Agreement to an Affiliate of NAFI, or, pursuant to Section 4.2, to a Sub-Servicer with the prior written consent of the Insurer (unless an Insurer Default shall have occurred and be continuing) and the Trust Collateral Agent; provided, however, that such consent shall not be required for the initial delegation to OFSA.
Any student seeking early termination based on the above conditions shall submit documentation to OFSA verifying that he/she meets the relevant criteria.
It is understood and agreed that OFSA makes no representation as to the contents of the Contract File.
If occupants have trouble with heat, they should contact the appropriate Chapter Officer and OFSA.
If the Occupant violates any provision of this Agreement, OFSA and/or the Fraternity/Sorority have the right to termi- nate this Agreement whereupon the occupant must vacate the Chapter House and remove all personal property of the occupant no later than the date specified by OFSA.