PSA Amendment definition

PSA Amendment means (a) an amendment to the provisions of any Servicing Agreement that relates to the replacement of the Servicer or the assignment or transfer of Mortgage Servicing responsibility, which amendment is determined by the Sellers and Purchaser to be reasonably necessary or appropriate to be entered into in connection with obtaining the Agency Consents, (b) an amendment permitting Purchaser to sell, transfer or assign the right to all or a portion of Servicing Compensation and other compensation payable to the servicer or master servicer or to any other Person and (c) any amendment to the terms of any Servicing Agreement, to cause such Servicing Agreement to be deemed an Eligible Servicing Agreement.
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PSA Amendment means that certain Second Amendment to the Purchase and Sale Agreement, dated as of the date hereof, by and among the Exiting Originator, the other Originators party thereto, the Seller and the Servicer and consented to by PNC, as Administrator and the Purchaser Agent.
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PSA Amendment means (a) an amendment to the provisions of any Servicing Agreement, Subservicing Agreement, Servicing Rights Agreement or Master Servicing Agreement that relates to the replacement of the Servicer or the assignment or transfer of Servicing or Master Servicing responsibility, which amendment is determined by the Sellers and Purchaser to be reasonably necessary or appropriate to be entered into in connection with obtaining the Servicing Agreement Consents and (b) any amendment to the terms of any Servicing Agreement or Subservicing Agreement, to cause such Servicing Agreement or Subservicing Agreement to be deemed an Eligible Servicing Agreement.
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Examples of PSA Amendment in a sentence

  • Prior to Closing, Sellers shall use best efforts (a) to obtain any PSA Amendment requested by Purchaser and (b) to obtain amendments requested by Purchaser to any Servicing Agreement with respect to servicing fees that are substantially similar to the amendments with respect to servicing advances under clauses (i) and (v) of the definition of Eligible Servicing Agreement, but Sellers shall not be required to seek any investor consent for such amendment for servicing fees.

  • Purchaser agrees to provide Sellers such assistance as Sellers may reasonably request to obtain any PSA Amendment or other amendments to Servicing Agreements as requested by Purchaser.

  • United Kingdom (UK) 2nd Extension to the NASA- easyJet Agreement for Collaboration in Human Factors Project-Specific Agreement (PSA) Amendment 2: This second extension will continue collaboration in fields including automated capabilities for extracting operationally significant information from very large, diverse databases, flight data analysis, human performance, and fatigue.

  • If the closing of the acquisition contemplated by the Summit II Purchase Agreement does not occur under the revised terms of the Summit II PSA Amendment, then the full amount of the Loan shall become due and payable on the Maturity Date.

  • It is a condition of the First PSA Amendment that the Vendor amend the Amended and Restated Security Agreement on the terms set forth in this First Amendment to the Amended and Restated Security Agreement (the “First Security Agreement Amendment”).

  • This PSA Amendment may be executed in one or more counter- parts, each of which shall be deemed an original and all of which together shall constitute one and the same instrument.

  • This Amendment shall become effective as of the date hereof, upon (I) receipt by the Administrator of duly executed counterparts of each of (a) this Amendment, (b) the PNC Fee Letter, (c) the Regions Fee Letter and (d) the PSA Amendment and (II) payment by Seller of all fees payable on the date hereof under (and in accordance with) the Fee Letters.

  • This PSA Amendment shall be binding upon and inure to the benefit of the parties hereto and their respective successors, heirs, administrators and assigns.

  • Each Debtor hereby authorizes the Secured Party to attach each PSA Amendment to this Agreement and agrees that all promissory notes listed on any PSA Amendment delivered to the Secured Party shall for all purposes hereunder constitute Debtor Pledged Revenues and Collateral and such Debtor shall be deemed upon delivery thereof to have made the representations and warranties set forth in this Section 3 with respect to such Additional Collateral.

  • The parties hereto hereby consent to (i) the entry into the PSA Amendment by the Seller, the Servicer, the Originators and the New Originator (as defined in the PSA Amendment), (ii) the entry into the Lock-Box Schedule Letter Amendment by the Seller, the Servicer and the Administrator and (iii) the filing of each of the UCC-3 amendments listed on Exhibit B hereto.


More Definitions of PSA Amendment

PSA Amendment means that certain Joinder and Third Amendment to the Purchase and Sale Agreement, dated as of the date hereof, by and among the New Originator, the existing Originators, the Seller and CB and consented to by the Administrator and the Purchaser Agent.
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Related to PSA Amendment

  • ESG Amendment has the meaning specified in Section 2.18.

  • Addendum / Amendment means any written amendment / addendum /corrigendum to this RFP, from time to time issued by NMRC to the prospective bidders

  • First Amendment means that certain First Amendment to Credit Agreement, dated as of the First Amendment Effective Date, among the Borrower, the Lenders signatory thereto and the Administrative Agent.

  • Tenth Amendment means that certain Tenth Amendment to Credit Agreement, dated as of November 15, 2019, among Holdings, the Borrower, the other Credit Parties party thereto, the Administrative Agent, the Collateral Agent and the Lenders party thereto.

  • Fifth Amendment means that certain Fifth Amendment to Credit Agreement, dated as of December 14, 2017, among Holdings, the Borrower, the Administrative Agent and the Lenders, Letter of Credit Issuers and other Credit Parties party thereto.