Servicer Acknowledgement definition

Servicer Acknowledgement. An acknowledgement from the Servicer confirming the additional Mortgage Loans to be serviced by the Servicer pursuant to this Agreement on and after a specified Transfer Date, substantially in the form of Exhibit 1.

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Servicer Acknowledgement means (i) that certain Servicer Re-Direction Letter, dated as of August 29, 2019, executed by NT-I, NT-II, Credit 1 and Credit 2 and acknowledged by Servicer and Buyer, and (ii) such other servicing acknowledgment in connection with a Servicing Agreement entered into by Seller on Buyer’s behalf in accordance with Section 22 of this Agreement.

Servicer Acknowledgement means (i) that certain servicer acknowledgement, dated as of the date hereof, executed by Seller and acknowledged by Servicer and Buyer and (ii) such other servicing acknowledgment in connection with a Servicing Agreement entered into by Seller on Buyer’s behalf in accordance with Section 22 of this Agreement.

Examples of Servicer Acknowledgement in a sentence

• The Owner hereby engages the Servicer to service the Mortgage Loans upon the terms specified in this Agreement and the related Servicer Acknowledgement, effective with respect to each Mortgage Loan as of the Transfer Date specified in the related Servicer Acknowledgement.

• Within thirty (30) days following the Closing Date in respect of a Mortgage Loan, the Servicer shall furnish to the borrower of such Mortgage Loan, for the fee set forth or referenced in the applicable Servicer Acknowledgement, the notice required by Section 404 of the Helping Families Save Their Homes Act of 2009 (the “Helping Families Act”) in accordance with the provisions of the Helping Families Act.

• Owner and Servicer have executed this Servicer Acknowledgement as of the day and year first written above.

• In such event, the Servicer shall be entitled to the applicable Exit Fee set forth or referenced in the applicable Servicer Acknowledgement.

• The Servicer shall bear all of its costs in connection with performing any due diligence of the Servicing Files, on boarding, monthly reconciliations, and standard reporting relating to the Mortgage Loans, as set forth or referenced in the applicable Servicer Acknowledgement.

More Definitions of Servicer Acknowledgement

Servicer Acknowledgement means (i) with respect to U.S. Purchased Assets, that certain servicer acknowledgement, dated as of April 20, 2018, executed by NT-I, NT-II, Credit 1 and Credit 2 and acknowledged by Servicer and Buyer, (ii) with respect to EUR Purchased Assets, any servicer acknowledgement executed by EU Seller and acknowledged by Servicer and Buyer (the “EUR Servicer Acknowledgment”), (iii) with respect to GBP Purchased Assets, any servicer acknowledgement executed by UK Seller and acknowledged by Servicer and Buyer (the “GBP Servicer Acknowledgment”) and (iv) such other servicing acknowledgment in connection with a Servicing Agreement entered into by Seller on Buyer’s behalf in accordance with Section 22 of this Agreement.

Servicer Acknowledgement means the notice acknowledged by each Servicer substantially in the form and substance of Exhibit G hereto.

Servicer Acknowledgement means (i) that certain Servicer Re-Direction Letter, dated as of August 29, 2019, executed by NT-I, NT-II, Credit 1 and Credit 2 and acknowledged by Servicer and Buyer, and (ii) such other servicing acknowledgment in connection with a

Servicer Acknowledgement means (i) that certain servicer acknowledgement, dated as of the date hereof, executed by Seller and acknowledged by Servicer and Buyer and (ii) such other servicing acknowledgment in connection with a Servicing Agreement entered into by Seller on Buyer’s behalf in accordance with S ection 22 of this Agreement.

Servicer Acknowledgement means that certain Servicer Notice and Acknowledgement dated as of the date hereof delivered by Seller to Servicer and acknowledged and agreed to by Servicer and Buyer.

Servicer Acknowledgement means that certain Servicer Acknowledgement and Irrevocable Instruction Letter, dated as of the date hereof, among Borrower, Administrative Agent and Servicer.

Servicer Acknowledgement means the acknowledgement substantially in the form and substance of Exhibit G hereto.