Examples of Advance Reimbursement Rights in a sentence
Delinquency Advance Reimbursement Rights The right to payment of the Supplemental Servicing Fee and the right to reimbursement for Supplemental Delinquency Advances shall be evidenced by a negotiable certificate (a "Supplemental Servicing Certificate") in the form attached hereto as Exhibit III if the owner of the Supplemental Delinquency Advances so requests of the Trustee in writing.
Upon request of the Servicer, the Trustee agrees to execute such acknowledgments, certificates, and other documents recognizing the interests of any Advance Facility Counterparty in such Advance Reimbursement Rights as the Servicer may cause to be made subject to Advance Facilities pursuant to this Section 3.22.
The Repo Seller shall provide written notice to the Buyer of any changes in any Servicing Contract that may materially affect the Advance Reimbursement Rights within two (2) Business Days after the Repo Seller or the Servicer receives notice thereof.
Advance Reimbursement Rights: As defined in the LD Participation Agreement.
The Repo Seller shall fail to comply in any material respect with the deposit and remittance requirements set forth in the related Servicing Contract, the applicable Agency Guide and any and all instruments, agreements, invoices or other writings which give rise to or otherwise evidence any of the Advance Reimbursement Rights (subject to any cure period provided therein).
Advance Reimbursement Rights: As defined in the GMSR Participation Agreement.
Administrative Agent, the Buyer and the Repo Seller desire to enter into this Agreement to allow for financing of the Participation Interests in certain Advance Reimbursement Rights relating to Delinquency Advances, Escrow Advances and Corporate Advances, which Participation Interests are represented by the Participation Certificates.
Except as contemplated herein, the Repo Seller shall not (a) pledge, transfer or convey any security interest in the Dedicated Accounts to any Person without the express written consent of the Buyer or (b) pledge, grant a security interest or assign any existing or future (x) Advance Reimbursement Rights, (y) rights to any of the Repurchase Assets or (z) Advance Reimbursement Amounts, or pledge or grant to any other Person any security interest in any Assets.