Servicing Schedule definition
Examples of Servicing Schedule in a sentence
All information concerning all Servicing Rights set forth on the Servicing Schedule pursuant to which such Servicing Rights were, are or will be (as applicable) pledged to the Lender will not contain any material misstatement of fact or omit to state a material fact or any fact necessary to make the statements contained therein, in light of the circumstances under which they were made, not misleading as of the date of delivery of such Servicing Schedule.
Notwithstanding the foregoing, this representation shall not apply to Agency Obligations reporting or any Servicing Schedule, each of which shall be covered by the covenant set forth in Section 6.02(c).
This Agreement is subject to termination or modification at any time to the extent its performance may conflict with the provisions of the Public Utility Holding Company Act of 1935, as amended ("1935 Act), or with any rule, regulation or order of the Securities and Exchange Commission ("SEC") adopted before or after the making of this Agreement.
Notwithstanding anything contained herein to the contrary, all delivery requirements (including without limitation the Servicing Schedule and Agency Obligations reporting) described above shall apply to each Borrower Funding Request.
Notwithstanding anything contained herein to the contrary, all delivery requirements (including without limitation the Servicing Schedule) described above shall apply to each Borrower Funding Request.
With respect to any Excess Servicing Spread Acquisition, (i) Borrowers shall deliver to the Lender a new Servicing Schedule and the related ESS Confirmation reflecting such Eligible Servicing Spread Acquisition, (ii) such acquisition shall be a Permitted Excess Servicing Spread Acquisition, and (iii) a Borrowing Base Deficiency shall not have occurred after giving effect to such transaction unless Borrower cures such Borrowing Base Deficiency in accordance with 2.08(b).
For purposes of preparing each Borrowing Base Report, Lender shall calculate the Collateral Value of the Eligible Servicing Rights described in the Servicing Schedule.
No later than [***] Business Days prior to each Funding Date (including the Initial Funding Date) where new Eligible Servicing Rights are to be added to the Collateral, Borrower shall deliver to Lender a Servicing Schedule (as of the related cut-off date) identifying all Eligible Servicing Rights to be pledged to Lender as Collateral under the terms and conditions of this Agreement and all Agency Obligations outstanding on the related Funding Date.
For purposes of preparing each Borrowing Base Report, the Lender shall calculate the Collateral Value of the Eligible Assets described in the Servicing Schedule and ESS Confirmations.
For purposes of preparing each Borrowing Base Report, the Lender shall calculate the Collateral Value of the Eligible Assets described in the related Servicing Schedule.