Examples of P & I in a sentence
Exceptions: Servicing Officer Date EXHIBIT I Leasing Consent (Borrower, LLC) Prudential Loan Number: Borrower Name: Property Name: Property Address: Master Servicer: Special Servicer: Prepared By: Date: Loan Summary Original Balance: Next Payment Date: Current Balance: Monthly P & I: Current Int.
The Company shall segregate and hold all funds collected and received in connection with a Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled "Xxxxx Fargo Bank, N.A., in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans - P & I." The Custodial Account shall be established with a Qualified Depository.
Category Per Transaction -------------------------------------------------------------------------------- Receive/Delivery - Book Entry $ 5.00 Receive/Delivery - PTC 5.00 Receive/Delivery - Physical 15.00 P & I Payments 5.00 Wires In/Out and official check requests to pay 3.50 Fund related expenses A transaction is defined as a receipt or delivery versus payment or a free receipt or deliver.
The Company shall segregate and hold all funds collected and received pursuant to a Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled "Xxxxx Fargo Bank, N.A., in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans - P & I." The Custodial Account shall be established with an Eligible Institution.
The Buyers’ representatives shall sign the Sellers’ letter of indemnity in the form of the Sellers P + I club wording prior to their embarkation.
The Company shall segregate and hold all funds collected and received pursuant to a Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled "Xxxxx Fargo Bank, N.A. in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans - P & I." The Custodial Account shall be established with a Qualified Depository.
The Company shall segregate and hold all funds collected and received pursuant to a Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled "Xxxxx Fargo Bank, N.A. in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans, and various Mortgagors - P & I." The Custodial Account shall be established with a Qualified Depository.
In the event Servicer funds are advanced with respect to any Loan, such advance is reimbursable to the Servicer from the related recoveries on such Loan or from other cash deposited in the Custodial Account for P & I to the extent that such advance is not otherwise recoverable.
The aggregate amount of the Servicing Fee subject to retention from deposit into or withdrawal from the Custodial Account for P & I by the Servicer, in any month of distribution shall be decreased by any Compensating Interest due and owing with respect to any Loan with respect to which a Payoff or Curtailment has occurred in the related Prepayment Period.
The Company shall segregate and hold all funds collected and received pursuant to a Mortgage Loan separate and apart from any of its own funds and general assets and shall establish and maintain one or more Custodial Accounts, in the form of time deposit or demand accounts, titled "Xxxxx Fargo Bank, N.A., in trust for the Purchaser and/or subsequent purchasers of Mortgage Loans - P & I." The Custodial Account shall be established with a Qualified Depository.