SBO definition
Examples of SBO in a sentence
SBO loan number NUMBER(9) Individual number that uniquely identifies loan as defined by Aurora Master Servicing.
The CEO and the BTU President shall monitor SBO waivers and implementation.
The SBO staff may contract these services to a regional Certification agency or other entity.
For purposes of Certification, the City may accept any firm that is certified by local government entities and other organizations identified herein that have adopted Certification standards and procedures similar to those followed by the SBO, provided the prospective firm satisfies the eligibility requirements set forth in this Ordinance in Section III.E.6. City – refers to the City of San Antonio, TX.
BX Estimated (Loss)/Gain NUMBER (10,2) The projected loss at REO 1 Servicer Loan Number Your Loan Number 2 SBO Loan Number Aurora Master Servicer Loan Number 5 Modified Interest Rate Effective Date The date the new Interest Rate is in effect.
CONTRACTOR shall immediately notify the Originating Department and SBO of any transfer or assignment of its contract with the CITY, as well as any transfer or change in its ownership or business structure.
All proposed changes to the Subcontractor / Supplier Utilization Plan including, but not limited to, proposed self-performance of work by CONTRACTOR of work previously designated for performance by Subcontractor or supplier, substitutions of new Subcontractors, terminations of previously designated Subcontractors, or reductions in the scope of work and value of work awarded to Subcontractors or suppliers, shall be subject to advanced written approval by the Originating Department and the SBO.
Implementation of SBO • Any additional hours or school days worked as a result of SBO votes shall be paid pro-rata at the contract rate.
In addition, solely with respect to the applicable Mortgage Loans related to the Master Servicing Rights, any net gain from REO Properties resulting from liquidation proceeds exceeding the amount due to certificateholders or the applicable Investor after reimbursement of all expenses to the related SBO Servicer.
CONTRACTOR shall notify the SBO, in writing on the Change to Utilization Plan form, through the Originating Department, of any proposed changes to CONTRACTOR’s Subcontractor / Supplier Utilization Plan for this contract, with an explanation of the necessity for such proposed changes, including documentation of Good Faith Efforts made by CONTRACTOR to replace the Subcontractor / Supplier in accordance with the applicable Affirmative Procurement Initiative.