Instruction Letter definition

Instruction Letter means written instructions in a form acceptable to NCPS and executed by Issuer Party with Issuer Party directing NCPS to promptly disburse the Escrow Funds to Issuer pursuant to Section 4(a).

Instruction Letter means a letter agreement between Seller and each Subservicer substantially in the form of Exhibit I attached hereto.

Instruction Letter means a letter agreement between the Borrowers and each Subservicer substantially in the form of Exhibit J attached hereto, in which such Persons acknowledge the Lender's security interest in the Mortgage Loans, and agree to remit any collections with respect to the Mortgage Loans as the Lender may so direct from time to time, which Instruction Letter may be delivered by Lender to such Subservicer in its sole discretion.

Examples of Instruction Letter in a sentence

• You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the Notification and the Instruction Letter, in accordance with the terms of the Instruction Letter.

• You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the counsel’s letter and the Instruction Letter, in accordance with the terms of the Instruction Letter.

• You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the counsel's letter and the Instruction Letter, in accordance with the terms of the Instruction Letter.

• You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the Notification, the Vote Verification Certificate and the Instruction Letter, in accordance with the terms of the Instruction Letter.

• You are hereby directed and authorized to transfer the funds held in the Trust Account immediately upon your receipt of the counsel’s letter and the Instruction Letter in accordance with the terms of the Instruction Letter.

More Definitions of Instruction Letter

Instruction Letter means a letter agreement between Seller and each Subservicer or interim servicer of Purchased Loans substantially in the form of Exhibit I attached hereto, in which such Persons acknowledge Buyer’s ownership interest in the Purchased Loans, and, following any Default, agree to remit any collections with respect to such Purchased Loans to the Collection Account or as Buyer may otherwise direct from time to time, which Instruction Letter may be delivered by Buyer to such Subservicer in its sole discretion.

Instruction Letter means joint written instructions in a form acceptable to NCPS and executed by Issuer Party directing NCPS to the disburse the Escrow Funds to Issuer pursuant to Section 4(a).

Instruction Letter shall have the meaning ascribed to such term in the Recitals.

Instruction Letter means a letter agreement between the Seller and each Subservicer substantially in the form of Exhibit B attached hereto.

Instruction Letter means the letter regarding completion of a Proof of Claim, which letter shall be substantially in the form attached hereto as Schedule “D”;

Instruction Letter has the meaning set forth in Section 3.2(a) hereof.

Instruction Letter has the meaning set forth in Section 2.2(c).