Post Closing Matters Description definition

Post Closing Matters Description. The description of the relative obligations of the Primary Servicer and Master Servicer with respect to requests from Mortgagors on Mortgage Loans and A/B Mortgage Loans that have not become Defaulted Mortgage Loans, a Specially Serviced Mortgage Loan or one on which a Servicing Transfer Event has occurred, which obligations are more particularly described and set forth on Exhibit B-2.
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Examples of Post Closing Matters Description in a sentence

  • Master Servicer and Primary Servicer have made efforts to reconcile the Task Description and Post Closing Matters Description.

  • The Primary Servicer shall also be entitled to retain the fees or portions of fees set forth in the Post Closing Matters Description.

  • Servicer agree and acknowledge that the Task Description is a chart that enumerates a list of tasks and the general allocation of responsibility of servicing obligations between the Master Servicer and the Primary Servicer for such tasks, and the Post Closing Matters Description sets forth a specific method for classifying post closing requests of a Mortgagor and allocating responsibility for handling such requests based upon such classification.

  • Servicer agree and acknowledge that the Task Description is a chart that enumerates a list of tasks and the general allocation of responsibility of servicing obligations between the Capmark Master Servicer and the Primary Servicer for such tasks, and the Post Closing Matters Description sets forth a specific method for classifying post closing requests of a Mortgagor and allocating responsibility for handling such requests based upon such classification.

  • Capmark Master Servicer and Primary Servicer have made efforts to reconcile the Task Description and Post Closing Matters Description.

  • Primary Servicer shall perform all tasks and responsibilities necessary to meet the requirements under the Task Description, the Post Closing Matters Description, the Payment and Collection Description and the Payment and Mortgage Loan Status Reports, in each case in accordance with the terms of this Agreement and, with respect to each B Note, the terms of the related A/B Intercreditor Agreement, and in a manner not inconsistent with the Pooling and Servicing Agreement.

  • EXHIBIT B Exhibit B-1: Payment and Mortgage Loan Status Reports Exhibit B-2: Post Closing Matters Description Exhibit B-3: Property Inspection Reports Exhibit B-4: Task Description EXHIBIT B-1 PAYMENT AND MORTGAGE LOAN STATUS REPORTS Section 2.1(c)(vii) of the Agreement sets forth the types and timing of the reports to be delivered by Primary Servicer to Master Servicer on the Mortgage Loans as specified in this Agreement.

  • Master Servicer and Primary Servicer agree and acknowledge that the Task Description is a chart that enumerates a list of tasks and the general allocation of responsibility of servicing obligations between the Master Servicer and the Primary Servicer for such tasks, and the Post Closing Matters Description sets forth a specific method for classifying post closing requests of a Mortgagor and allocating responsibility for handling such requests based upon such classification.