Shipping Request definition

Shipping Request means the shipping request presented by the Borrower to the Collateral Agent substantially on one of the forms attached as Exhibits D-5A(a) and D-5A(b) (as amended, modified or supplemented from time to time as agreed to by the Administrative Agent, the Borrower and the Collateral Agent).
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Shipping Request means a request to ship Mortgage Loans executed and delivered by the Seller in the form of EXHIBIT F.
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Shipping Request means a Shipping Request executed and delivered by a Responsible Officer of Co-Borrowers to Administrative Agent in substantially the form of Exhibit C-3.
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Examples of Shipping Request in a sentence

  • So long as no Default or Event of Default is continuing, the Borrower or the Servicer (on behalf of the Borrower) may from time to time submit a Shipping Request that would permit a sale of Mortgage Loan Collateral to, or the pooling of Mortgage Loan Collateral for, an Approved Investor, pursuant to a Take-Out Commitment.

  • If the number of Files to be shipped pursuant to any one or more of the foregoing provisions of this Section 3.10 is one hundred fifty (150) or less and the Shipping Request is received by 10:30 a.m. (Denver time) on a Business Day, the Buyer will use its best efforts to ship the Files on that same Business Day.

  • The term "Shipping Request" means a written request from Borrower to Lender for the shipment of Loan Documents to an Investor substantially in a form required by Lender in the Standard Procedures.

  • Upon the Administrative Agent’s receipt of such funds in the Repurchase Settlement Account, all claims, rights, liens and security interests of the Administrative Agent and the Buyers, however arising, in and to the Purchased Loans that were so listed in the Shipping Request, shipped by the Custodian and for which the Administrative Agent was so paid pursuant to clauses (a) and (b) of this Section shall terminate and be released.

  • If Agent has no actual knowledge that any of the above conditions have not been satisfied, then Agent shall use its best efforts to ship the Collateral Documents it holds for those Mortgage Loans to that Approved Investor or its servicer or custodian under the appropriate Bailee Letter by the end of the Business Day following the date of receipt of the applicable Shipping Request.


More Definitions of Shipping Request

Shipping Request means a request to ship Files to an Approved Investor in the form of Exhibit I or another form reasonably acceptable to the Buyer, to be completed by the Seller, signed by an Authorized Seller Representative and delivered to the Buyer as provided in Section 4.
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Shipping Request means the shipping request presented by the Seller or the Servicer to the Custodian substantially in the form attached as Exhibit B (as amended, modified or supplemented from time to time as agreed to by the parties hereto.
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Shipping Request means a Shipping Request executed and delivered by a Responsible Officer of Borrower to Administrative Agent in substantially the form of EXHIBIT C-3. SOLVENT means, as to any Person, that (a) the aggregate fair market value of its assets exceeds its liabilities, (b) it has sufficient cash flow to enable it to pay its Debts as they mature, and (c) it does not have unreasonably small capital to conduct its businesses. STATED- TERMINATION DATE means June 30, 1998, In the event Administrative Agent fails to provide Borrower with written notice of Lenders intention to not renew this credit facility on or before 60 days PRIOR TO JUNE 30, 1998, such Stated Termination Date means July 31, 1998. SUBSIDIARY of any Person means any entity of which more than 50% (in number of votes) of the stock (or equivalent interests) is owned of record or beneficially, directly or indirectly, by that Person. Unless otherwise specified or the context otherwise requires, "SUBSIDIARY" refers to a Subsidiary of Borrower.
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Shipping Request shall have the meaning set forth in the Custodial Agreement.
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Shipping Request means a written request from Borrower to Lender for the shipment of Loan Documents to an Investor substantially in a form required by Lender in the Standard Procedures.
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Shipping Request means a Shipping Request executed and delivered by Borrower to Collateral Agent in substantially the form of Exhibit F.
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Shipping Request means a Shipping Request executed and delivered by a Responsible Officer of Borrower requesting the shipment of Collateral to Agent in substantially the form of EXHIBIT B-4
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