Servicing Transfer Notice definition

Servicing Transfer Notice means a written notice substantially in the applicable form attached to the Back-up Servicing Agreement from the Indenture Trustee to the Back-up Servicer.
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Servicing Transfer Notice. A written notice substantially in the form of Exhibit B hereto from the Indenture Trustee to the Back-up Servicer.
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Examples of Servicing Transfer Notice in a sentence

  • Upon the earlier of (x) the delivery of a Termination Notice to the Servicer pursuant to Section 8.01 of the Sale and Servicing Agreement or (y) the resignation of the Servicer pursuant to Section 6.05 of the Sale and Servicing Agreement, the Indenture Trustee shall deliver a Servicing Transfer Notice to the Back-up Servicer.

  • The Back-up Servicer agrees to assume the duties and obligations, and it shall be entitled to the rights, of the Servicer under the Sale and Servicing Agreement, except as otherwise set forth herein, as of the applicable Servicing Assumption Date, which duties and obligations shall be deemed to include the duties and obligations of the Servicer under Sections 2.2(a) and 2.2(b)(i), (ii) and (iv) hereof to the extent not completed by the Servicer prior to the delivery of a Servicing Transfer Notice.

  • The Debtor’s exhibits include two letters regarding the transfer of mortgage servicing to SPS: a Servicing Transfer Notice dated July 17, 2017 (p.

  • The credit union retains (if applicable) the Escrow Closing Notice and the Mortgage Servicing Transfer Notice, containing the partial payment policy for two years after the date disclosures are required to be made or action is required to be taken (1026.25).Mortgage Servicing Transfer Notice1) The credit union, when purchasing the servicing rights of a covered mortgage mails or delivers the required disclosures on or before the 30th calendar day following the date of transfer.

Related to Servicing Transfer Notice

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • Transfer Notice Date has the meaning given to it in Section 2.06.

  • Transfer Notice means the notice of a proposed transfer of Shares described in Section 8.

  • Proposed Transfer Notice means written notice from a Key Holder setting forth the terms and conditions of a Proposed Key Holder Transfer.

  • Servicing Transfer Costs All reasonable costs and expenses incurred by the Trustee in connection with the transfer of servicing from a predecessor servicer, including, without limitation, any costs or expenses associated with the complete transfer of all servicing data and the completion, correction or manipulation of such servicing data as may be required by the Trustee to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee to service the Mortgage Loans properly and effectively.

  • Servicer Notice As defined in Section 11.17.

  • Sale Notice has the meaning set forth in Section 3.04(b).

  • Disposition Notice is defined in Section 5.2(a).

  • Collection Notice means a notice, in substantially the form of Annex A to Exhibit VI, from the Agent to a Collection Bank.

  • First Offer Notice shall have the meaning set forth in Section 14.4(a).

  • Servicer Termination Notice Defined in Section 6.15.

  • Proposed Transfer means any assignment, sale, offer to sell, pledge, mortgage, hypothecation, encumbrance, disposition of or any other like transfer or encumbering of any Transfer Stock (or any interest therein) proposed by any of the Stockholders.

  • Auction Notice has the meaning assigned to such term in the definition of “Dutch Auction”.

  • Co-Sale Notice shall have the meaning ascribed to it in Section 4.5.

  • Sale Date means the date that the Bonds are awarded by the District to the winning bidder.

  • Fannie Mae Transfer As defined in Section 13 hereof.

  • Investor Notice means written notice from an Investor notifying the Company and the selling Key Holder that such Investor intends to exercise its Secondary Refusal Right as to a portion of the Transfer Stock with respect to any Proposed Key Holder Transfer.

  • Securitization Transfer The sale or transfer of some or all of the Mortgage Loans to a trust or other entity as part of a publicly-issued or privately-placed, rated or unrated mortgage pass-through or other mortgage-backed securities transaction.

  • Subsequent Financing Notice shall have the meaning ascribed to such term in Section 4.12(b).

  • Shelf Offering Notice has the meaning set forth in Section 1(d)(i).

  • Offer Notice shall have the meaning set forth in Section 4.1.

  • Term SOFR Transition Event means the determination by the Administrative Agent that (a) Term SOFR has been recommended for use by the Relevant Governmental Body, (b) the administration of Term SOFR is administratively feasible for the Administrative Agent and (c) a Benchmark Transition Event or an Early Opt-in Election, as applicable, has previously occurred resulting in a Benchmark Replacement in accordance with Section 2.14 that is not Term SOFR.

  • Drag-Along Notice has the meaning set forth in Section 4.05(a).

  • Subsequent Mortgage Loans means, for purposes of this Agreement, the Subsequent Mortgage Loans listed in the Subsequent Mortgage Loan Schedule attached hereto as Schedule I.