Servicing Transfer Procedures definition

Servicing Transfer Procedures. The provisions set forth in Exhibit H attached hereto.

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Servicing Transfer Procedures means, with respect to any Subject Servicing Agreement, the servicing transfer procedures set forth in the related Subservicing Supplement.

Servicing Transfer Procedures means the procedures for effecting servicing transfers as set forth on Exhibit B attached hereto.

Examples of Servicing Transfer Procedures in a sentence

Servicer and Ocwen each covenant and agree to following the Servicing Transfer Procedures agreed pursuant to the Sale Supplement with respect to each Subject Servicing Agreement.
Servicer and Ocwen each covenant and agree to follow the Servicing Transfer Procedures set forth in each related Subservicing Supplement in all material respects and take all steps necessary or appropriate to effectuate and evidence the transfer of the subservicing of the related Mortgage Loans to Ocwen in accordance therewith.
With respect to each Mortgage Loan to be serviced hereunder, the Owner shall cause the prior servicer to comply with the Servicing Transfer Procedures and shall cause the prior servicer to deliver to the Servicer the Mortgage Servicing File for each related Mortgage Loan and, by computer readable electronic transmission, the related Mortgage Loan Schedule not later than five (5) Business Days after the Servicing Transfer Date.
The procedures for effecting such transfer shall be as set forth on the Servicing Transfer Procedures schedule attached hereto as Exhibit B.
Notwithstanding the provisions of Section- 9(a), ▇▇▇▇▇▇▇ Mac shall, during the 180-day Period under Section 9(a) during which the Secured Party may seek to arrange a Permanent Servicing Transfer, retain its right to effectuate a Termination With Cause or a Termination Without Cause, in accordance with the provisions of the Servicing Transfer Procedures.
With respect to the mechanics of Mortgage Loan boarding and servicing transfer, to the extent any provision of this Agreement conflicts with any provision of the Servicing Transfer Procedures, the provisions set forth in this Agreement shall control.
On the Servicing Transfer Date, the Seller shall comply with the Servicing Transfer Procedures and deliver to the Purchaser the Mortgage Files and any other Mortgage Loan Documents or servicing-related documents in the Seller’s possession for each related Mortgage Loan.
Additionally, the Seller shall provide the Purchaser by overnight delivery all checks (endorsed over to the Purchaser) representing any prepaid Mortgage Loan payments and all other similar amounts held by the Seller in a manner provided in the Servicing Transfer Procedures.
Prior to the final Servicing Transfer Date, the Depositor shall use reasonable efforts to cause the Interim Subservicer to comply with each of the servicing transfer requirements set forth in the Servicing Transfer Procedures set forth on Exhibit N hereto or otherwise as agreed to by the Interim Subservicer and the Servicer and in accordance with Customary Servicing Procedures.
On the Transfer Date, the books, records and accounts of the Seller with respect to the Servicing Rights and the Mortgage Loans shall be in accordance with the Purchaser requirements as provided in the Servicing Transfer Procedures.

More Definitions of Servicing Transfer Procedures

Servicing Transfer Procedures. With respect to each Mortgage Loan which is not a Prior Ditech Serviced Loan, the procedures with respect to the transfer of subservicing of such Mortgage Loans to the Subservicer as set forth in Exhibit D hereto as may be amended from time to time as mutually agreed by the prior servicer and the Subservicer. The Subservicer shall (i) provide written notice to the Owner/Servicer of amendments or modifications to the Servicing Transfer Procedures at least thirty (30) days prior to the applicable Transfer Date and (ii) ensure that the Servicing Transfer Procedures comply with Applicable Requirements.

Servicing Transfer Procedures. The servicing transfer procedures of the Purchaser, attached hereto as Exhibit 11, as such Exhibit may be further modified by the Purchaser prior to the Servicing Transfer Date.

Servicing Transfer Procedures. Those servicing transfer procedures attached hereto as Exhibit 14. Standard & Poor’s Glossary: The Standard & Poor’s LEVELS® Glossary, as may be in effect from time to time.

Servicing Transfer Procedures means the provisions of the Purchase Documents which prescribe the terms and conditions under which the Seryicing Contract may be terminated and transferred and sold, as supplemented by ▇▇▇▇▇▇▇ Mac corporate policies relating to servicing transfer procedures, as the same may be revised from time to time, which shall at all times apply with equal force and effect to all Interim Servicing Transfers and to all Permanent Servicing Transfers effectuated by ▇▇▇▇▇▇▇ Mac, whether occurring pursuant to this Agreement or not.

Servicing Transfer Procedures. The servicing transfer procedures approved by the parties and attached hereto as Schedule 1.01(a)(81).