Option One definition

Option One. Option One Mortgage Corporation, a California corporation.

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Option One. Option One Mortgage Corporation.

Option One. The District retains responsibility for maintenance of Active Use Areas]

Examples of Option One in a sentence

• In connection with any termination pursuant to clause (ii) of the first sentence of this Section 8.02(a), all unreimbursed Option One Servicing Fees, Servicing Advances and Monthly Advances still owing the Servicer shall be paid at the time of such termination by the Trust Fund.

• The portion of the recovery so allocated to any unpaid Option One Servicing Fee shall be reimbursed to the Servicer or any Sub-Servicer pursuant to Section 3.04.

• All unreimbursed Option One Servicing Fees, Servicing Advances and Monthly Advances owing to the Servicer relating to such Distressed Mortgage Loans shall be reimbursed and paid to the Servicer upon such transfer to the Special Servicer.

• As consideration for servicing the Mortgage Loans subject to this Agreement, the Servicer shall retain (a) the Option One Servicing Fee for each Mortgage Loan remaining subject to this Agreement during any month and (b) Ancillary Income.

• Upon a termination of the Servicer for cause pursuant to Section 8.01, all unreimbursed Option One Servicing Fees, Servicing Advances and Monthly Advances still owing the Servicer shall be paid by the Trust Fund as such amounts are received from the related Mortgage Loans.

More Definitions of Option One

Option One. Option One Mortgage Corporation, and any successor thereto.

Option One. Option One Mortgage Corporation, in its capacity as a party to the Mortgage Loan Purchase Agreement.

Option One. Option One Mortgage Corporation or any successor thereto appointed hereunder in connection with the servicing and administration of the Mortgage Loans.

Option One means, with respect to any requested borrowing hereunder, the option specified in (a) of the definition of “Applicable Collateral Percentage” and 2(b)(i) of the definition of “Applicable Margin.”

Option One. Option One Mortgage Corporation, as Servicer under the applicable Servicing Agreement.

Option One. The injured party may terminate the agreement if such Force Majeure condition results in a delay or failure to perform which continues for more than 30 calendar days. Option Two: The injured party may suspend the service for a duration of the delaying cause and buy a similar service. After the emergency is over, this agreement and service will continue. The price you will pay Xtreme Internet is the monthly rate and other fees and charges such as equipment leases and applicable taxes as established from time to time by Xtreme Internet. Xtreme Internet reserves the right to modify the rates, fees and charges at any time. You have the right to be notified of price changes at least 30 days before the new rate takes effect. You acknowledge that you may incur additional charges while using the service. If you make purchases over the Internet, those transactions are between you and the seller, and have nothing to do with your relationship with Xtreme Internet. Xtreme Internet will accept a credit card, debit card or check as forms of payment for service. The billing date is the date your service was installed. You will be charged for your first month of service at the time of installation. You will receive an invoice 18 days prior to your due date notifying you of charges due. Payment must be received by the due date to avoid late fees or suspension of your service. If no payment has been received within 5 days from due date, your service will be suspended until payment is received. For customers required to be on an auto payment arrangement, you must maintain a valid credit card on file with us. Your credit card will automatically be charged on your due date. If the card is declined, subsequent attempts to process your payment will occur each day following your due date for 5 days after the due date. If the card is still declined, your service will be suspended. Xtreme internet will attempt to process your payment every 5 days thereafter. A $10.00 late fee will be assessed for any account that is suspended due to non-payment. A $15.00 reconnect fee will be assessed for resuming service to suspended accounts.

Option One. The Confirmed Room Rates are net, non-commissionable. OR