Security Settlement Fee definition

Security Settlement Fee means an amount equal to $[ ] in respect of each Security delivered to Purchaser or its designee pursuant to the terms and conditions of the Agreement, which amount shall be payable in accordance with Section 2 of this Pricing Side Letter.
View Source
Security Settlement Fee shall have the meaning assigned thereto in the Pricing Side Letter.
View Source
Security Settlement Fee shall have the meaning assigned thereto in the Pricing Side Letter. “Selling System” means the ▇▇▇▇▇▇▇ Mac automated system by which sellers and servicers of mortgage loans to ▇▇▇▇▇▇▇ Mac transfer mortgage summary and record data or mortgage accounting and servicing information from their computer system or service bureau to ▇▇▇▇▇▇▇ Mac, as more fully described in the ▇▇▇▇▇▇▇ Mac Guide. “Servicer Side Letter” has the meaning assigned thereto in the Master Repurchase Agreement. “Servicing File” means with respect to each Mortgage Loan, the file retained by Seller or its designee consisting of all documents that are customarily retained by servicers that service mortgage loans substantially similar to such Mortgage Loan, which would include copies of the Mortgage File, all documents necessary to document and service the Mortgage Loans and 27 The definition of “Sanctions List” was added by Amendment No. 2, dated as of April 28, 2022.
View Source

Related to Security Settlement Fee

  • Monthly Settlement Date means the 25th day of each calendar month (or if such day is not a Business Day, the next occurring Business Day).

  • Gross Settlement Amount means $950,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Settlement Payment means the transfer, or contractual undertaking (including by automated clearing house transaction) to effect a transfer, of cash or other property to effect a Settlement.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Mandatory Settlement Date means the earliest of: