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.
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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.
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Examples of Servicing Transfer Procedures in a sentence

  • With respect to the mechanics of Mortgage Loan servicing transfer, to the extent any provision of this Agreement conflicts with any provision of the Servicing Transfer Procedures, the provisions set forth in the 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.

  • For purposes of this Section 5.01(b), Purchaser shall be deemed to have cooperated in good faith with Seller by following the Servicing Transfer Procedures.

  • The procedures for effecting such transfer shall be as set forth on the Servicing Transfer Procedures schedule attached hereto as Exhibit B.

  • Seller and Purchaser shall cooperate in good faith to cure breaches of representations and warranties notified by an Investor in accordance with the Servicing Transfer Procedures.

  • After the Servicing Transfer Date, Seller agrees to reimburse Purchaser, in the manner set forth in the Servicing Transfer Procedures, an amount equal to the Reimbursement Amount with respect to Mortgage Loans that are fully repaid and cancelled by the respective Borrower or Borrowers during a period of one (1) year from the Servicing Transfer Date which Mortgage Loans are replaced by mortgage loans originated by Seller as a result of Seller’s breach of Section 8.16 of this Agreement.

  • Subject to the terms and conditions of this Agreement and unless another standard of effort is expressly set forth in this Agreement or in the Servicing Transfer Procedures, the parties shall cooperate in good faith with each other and use their respective commercially reasonable efforts to accomplish the transfer of the Servicing Rights in accordance with the Servicing Transfer Procedures on the Servicing Transfer Date.

  • Servicing of the Mortgage Loans shall have been transferred to the Purchaser by the Seller as of the Servicing Transfer Date, in accordance with the Servicing Transfer Procedures and this Agreement.In the event any of the conditions set forth in this Section 2.03 are not satisfactory to Purchaser in all material respects, Purchaser shall be entitled to terminate its obligations hereunder in accordance with Section 6.01.


More Definitions of Servicing Transfer Procedures

Servicing Transfer Procedures. The servicing transfer procedures of the Purchaser, attached hereto as EXHIBIT 12.
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Servicing Transfer Procedures means the procedures for effecting servicing transfers as set forth on Exhibit B attached hereto.
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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 Xxxxxxx 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 Xxxxxxx Mac, whether occurring pursuant to this Agreement or not.
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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.
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Servicing Transfer Procedures. The servicing transfer procedures approved by the parties and attached hereto as Schedule 1.01(a)(81).
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Related to Servicing Transfer Procedures

  • Staff Vetting Procedures means vetting procedures that accord with good industry practice or, where requested by the Customer, the Customer’s procedures for the vetting of personnel as provided to the Supplier from time to time;

  • Shelf Procedures means the rules and procedures established pursuant to NI 44-102;

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

  • Auction Procedures means the auction procedures constituting Part II of the form of Statement as of the filing thereof.

  • Bidding Procedures means the bidding procedures approved by the Bankruptcy Court pursuant to the Bidding Procedures Order.

  • Applicable Procedures means, with respect to any transfer or exchange of or for beneficial interests in any Global Note, the rules and procedures of the Depositary, Euroclear and Clearstream that apply to such transfer or exchange.

  • Administrative Procedures means the Administrative Procedures of Minnesota Management & Budget developed in accord with M.S. 43A.04, subdivision 4.

  • Associated Procedures means those procedures and/or statements that have been adopted by the Underwriter, the Adviser, a Fund or the Compliance Department, and which are designed to supplement this Code and its provisions.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Restrictive procedures means the use of physical holding or seclusion of children with disabilities in an emergency. Because the special education director reported the district intends to continue the use of physically holding children with disabilities in an emergency, the district is required to maintain and make publicly accessible a restrictive procedures plan (RPP) for children with disabilities. Minnesota Statute requires that the plan must, at least, list the restrictive procedures the school intends to use; describe how the school will monitor and review the use of restrictive procedures; and include a written description and documentation of the training school personnel completed.