Servicing Official definition

Servicing Official means any employee of the Servicer involved in, or responsible for, the administration and servicing of the Receivables whose name appears on a list of servicing employees furnished to the Trust Collateral Agent and the Insurer by the Servicer, as such list may from time to time be amended.
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Servicing Official. Any employee of the Master Servicer involved in, or responsible for, the administration and servicing of the Contracts whose name appears on a list of servicing employees furnished to the Trustee and the Certificate Insurer by the Master Servicer, as such list may from time to time be amended.
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Examples of Servicing Official in a sentence

  • The Trust Collateral Agent, upon receipt of a certificate of a Servicing Official requesting the same be accepted by the Trust Collateral Agent and certifying as to the reasons such documents are required, shall furnish the Servicer with any other powers of attorney or other documents reasonably necessary or appropriate which the Trust Collateral Agent may legally execute to enable the Servicer to carry out its servicing and administrative duties hereunder.

  • The Servicing Official will not review the notice for the merits of the action, nor express any opinion on the merits of the action (this responsibility resides with the State or local court).

  • The Trustee, upon receipt of a certificate of a Servicing Official requesting the same be accepted by the Trustee and certifying as to the reasons such documents are required, shall furnish the Master Servicer with any other powers of attorney or other documents reasonably necessary or appropriate which the Trustee may legally execute to enable the Master Servicer to carry out its servicing and administrative duties hereunder.