Examples of Exceptions List in a sentence
No later than the fifth Business Day of each month, commencing the first month following the month in which the Closing Date occurs, the Custodian shall deliver to each Servicer (or such other party responsible for recordation of any Mortgages and/or assignments as specified in the related Servicing Agreement), and the Depositor in hard copy format (and, if requested, in electronic format), the Exceptions List, updated to remove exceptions cured since the Closing Date.
The Servicer shall be under no duty or obligation to inquire into the nature or authenticity of the transactions represented by the records or other data submitted for processing other than in reviewing the Owner’s Student Loan files for conversion and delivering the Exceptions List as set forth in Section 4.1(ii) above.
Within one hundred eighty (180) days following the date a Missing Document was identified on the Exceptions List following review of the applicable Mortgage File by the Document Custodian (or such earlier time as may be required pursuant to Applicable Requirements), the Seller shall deliver to the Trailing Loan Documents Vendor, complete and correct versions of each of the Trailing Loan Documents required to be included in the Mortgage File related to the Servicing Rights.
Exceptions as per Exceptions List signed by Lessor and Lessee and attached hereto as Schedule 3.
Once the Seller has cured all Uncured Document Exceptions for any Mortgage Loan or the Mortgage Loan has paid in full, the Purchaser shall pay to the Seller the amount of any Holdback Funds then held by the Purchaser with respect to the cured or paid in full Mortgage Loans on a loan level pro-rata basis within one (1) Business Day of providing the Seller with an Exceptions List.
During the preparation of the Exceptions List, the Servicer will identify and request from the Owner any missing and/or incomplete documentation required for Servicing.
Exceptions as per the Exceptions List signed by Lessor and Lessee and attached hereto as Schedule 3.
The Servicer shall prepare and forward to the Owner an Exceptions List (herein called the “Exceptions List”) prior to the conversion of the Owner’s Student Loan files which identifies all missing and/or incomplete documentation with respect to each file if a promissory note examination is performed.
The Exceptions List shall identify all missing and/or incomplete documentation as required by the Servicer for Servicing hereunder with respect to each Student Loan file.
Commencing no later than the Initial Exceptions List Deadline, and on the tenth (10th) calendar day of each calendar month thereafter (or the following Business Day if the tenth (10th) calendar day is not a Business Day), the Purchaser shall provide the Seller with an Exceptions List noting all Uncured Document Exceptions as of the end of the prior calendar month for all of the Mortgage Loans relating to the Servicing Rights sold on the related Sale Date.