Servicer Indemnified Amounts definition

Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a).
Servicer Indemnified Amounts is defined in Section 9.2.
Servicer Indemnified Amounts has the meaning set forth in Section 8.2.

Examples of Servicer Indemnified Amounts in a sentence

  • The funds used to repay the Servicer Indemnified Amounts will not be derived from any unlawful activity.

  • Servicer Indemnified Amounts to the extent the same includes losses in respect of Receivables that are uncollectible on account of the insolvency, bankruptcy or lack of creditworthiness of the related Obligor; provided, however, that nothing contained in this sentence shall limit the liability of Servicer or limit the recourse of the Purchasers to Servicer for Collections received by the Servicer and required to be remitted by it under the terms of this Agreement.

  • Servicer Indemnified Amounts to the extent they resulted from an ac on brought by an Indemnified Party against any other Indemnified Party not involving the Borrower, the Master Servicer or any Originator.


More Definitions of Servicer Indemnified Amounts

Servicer Indemnified Amounts. As defined in Section 6.2. ----------------------------
Servicer Indemnified Amounts has the meaning set forth in Section 10(o) of this Agreement.
Servicer Indemnified Amounts has the meaning set forth in Section 12.02(a). “Servicer Indemnified Party” has the meaning set forth in Section 12.02(a). “Servicing Fee” means the fee referred to in Section 8.06(a) of this Agreement.
Servicer Indemnified Amounts. The meaning set forth in Section 4(f) hereto.
Servicer Indemnified Amounts has the meaning set forth in Section 11.03. “Servicer Indemnified Party” has the meaning set forth in Section 11.03. “Servicing Fee” means the fee referred to in Section 8.06(a). “Servicing Fee Rate” means 1.00% per annum. “Settlement Date” means (i) so long as no Event of Default has occurred and is continuing and the Termination Date has not occurred, each Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Default has occurred and is continuing, each day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date.
Servicer Indemnified Amounts has the meaning set forth in has the meaning set forth in para (a) of Schedule 5 (Indemnities) Part 2 of this Agreement..
Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a). “Servicer Indemnified Party” has the meaning set forth in Section 13.02(a). “Servicing Fee” means the fee referred to in Section 9.06(a) of this Agreement. “Servicing Fee Rate” means the rate referred to in Section 9.06(a) of this Agreement. “Settlement Date” means with respect to any Portion of Capital for any Yield Period or any Yield or Fees, (i) so long as no Event of Termination has occurred and is continuing and the Termination Date has not occurred, the Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Termination has occurred and is continuing, each day selected from time to time by the Administrative Agent (with the consent or at the direction of the Majority Group Agents) (it being understood that the Administrative Agent (with the consent or at the direction of the Majority Group Agents) may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date. “Single Employer Plan” means a single employer plan, as defined in Section 4001(a)(15) of ERISA, that (a) is maintained for employees of the Parent or any ERISA Affiliate and no Person other than the Parent and the ERISA Affiliates or (b) was so maintained and in respect of which the Parent or any ERISA Affiliate could have liability under Section 4069 of ERISA in the event such plan has been or were to be terminated. “SOFR” shall mean, for any day, a rate equal to the secured overnight financing rate as administered by the Federal Reserve Bank of New York (or a successor administrator of the secured overnight financing rate). “SOFR Adjustment” shall mean an interest rate per annum equal to (a) with respect to Daily 1M SOFR or the Term SOFR Rate for a 1-month Tranche Period, ten basis points (0.10%) and (b) with respect to the Term SOFR Rate for a 3-month Tranche Period, fifteen basis points (0.15%).