Servicer Acknowledgment definition
Servicer Acknowledgment means (i) that certain servicer acknowledgment, dated as of the date hereof, executed by ▇▇▇▇▇▇ and acknowledged by Servicer and Administrative Agent, on behalf of Buyers, and (ii) such other servicer acknowledgment entered into by Seller on Administrative Agent’s behalf in accordance with Section 22 of this Agreement.
Servicer Acknowledgment means, (i) the applicable Servicer Acknowledgment and Irrevocable Instruction Letter, dated on or around the Closing Date, from Buyer and acknowledged and agreed to by each Servicer, Sellers, and any permitted sub-servicer, as the same may be amended, supplemented or otherwise modified from time to time with the consent of Repo Agent in its sole and absolute discretion or (ii) any other servicer acknowledgement and irrevocable instruction letter from Buyer and acknowledged and agreed to by a Servicer after the Closing Date pursuant to clause (ii) of the definition of “Servicer”, Sellers and any permitted sub-servicer.
Servicer Acknowledgment means any servicer acknowledgment entered into by Seller and acknowledged by Primary Servicer and Buyer in accordance with Article 29 of this Agreement.
Examples of Servicer Acknowledgment in a sentence
In furtherance of the foregoing, Seller shall cause Servicer to remit to the Blocked Account all Income received in respect of the Purchased Assets on the date specified for remittances as set forth in the Servicer Acknowledgment.
More Definitions of Servicer Acknowledgment
Servicer Acknowledgment means, (i) the applicable Servicer Acknowledgment and Irrevocable Instruction Letter, dated on or around the Closing Date, from Buyer and acknowledged and agreed to by Servicer, Seller A, Angel Oak Mortgage REIT, Inc. and any permitted sub- servicer, as amended on the November 2023 Amendment Date, solely to add Seller B as a seller thereunder and remove Angel Oak Mortgage REIT, Inc. as a seller thereunder, as the same may be further amended, supplemented or otherwise modified from time to time with the consent of Repo Agent in its sole and absolute discretion or (ii) any other servicer acknowledgement and irrevocable instruction letter from Buyer and acknowledged and agreed to by a Servicer after the Closing Date pursuant to clause (ii) of the definition of “Servicer”, Sellers and any permitted sub- servicer.
Servicer Acknowledgment. Servicer Acknowledgement, entered into on September 20, 2021, by the Seller, the Trust, the Trustee and the Administrator, and acknowledged and agreed to by the Servicer and the Buyer, as the same may be amended, modified or supplemented from time to time.
Servicer Acknowledgment means, the Acknowledgement of Servicer by and among Servicer, Borrower and Agent, dated as of the First Amendment Date, together with any and all modifications, reinstatements or extensions thereof.
Servicer Acknowledgment means, (i) the applicable Servicer Acknowledgment and Irrevocable Instruction Letter, dated on or around the Closing Date, from Buyer and Angel Oak Mortgage Fund TRS ▇▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇. ▇▇, ▇▇▇▇▇ ▇▇▇ October 24, 2018 ▇▇▇▇▇▇▇ ▇▇▇▇▇ Bank USA ▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Attention: Warehouse Lending Ladies and Gentlemen: In connection with the Master Repurchase Agreement, dated as of the date hereof, among Angel Oak Mortgage Fund TRS, a Delaware statutory trust, as a seller, Angel Oak Mortgage, Inc., a Maryland corporation, as a seller (each, a “Seller,” and together, “Sellers”, “we” or “us”), and ▇▇▇▇▇▇▇ Sachs Bank USA, as buyer (“Buyer”) and as repo agent (“Repo Agent”) (as the same may be amended, supplemented, modified and/or restated from time to time, the “Repurchase Agreement”), each Seller hereby agrees as follows:
Servicer Acknowledgment means each acknowledgment (if any) executed in connection with the related Servicing Agreement by a Servicer in favor of the Buyer in form and substance reasonably acceptable to the Buyer. “Servicer Termination Event” shall mean any of the following: (i) Failure of any Servicer to perform its duties under the Servicing Agreement or Servicer Acknowledgment in any material respect; (ii) The suspension or termination of the Servicer as an approved servicer under any government program;
Servicer Acknowledgment. A letter agreement, in the form of Exhibit 17 attached hereto, dated as of the related Servicing Transfer Date and executed among the Purchaser and the Seller of the Mortgage Loans.
Servicer Acknowledgment mean the letter agreement, dated as of the Closing Date, by and among Borrower, CONA and the Servicer, as initial Servicer.