Servicer Business Day definition

Servicer Business Day means any day other than a Saturday, a Sunday or a day on which banking institutions in Raleigh, North Carolina, Charlotte, North Carolina or New York, New York are authorized or obligated by law, regulation or executive order to be closed, on which the Servicer maintains normal office hours and conducts business.
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Servicer Business Day means any day other than a Saturday, Sunday or holiday on which the Servicer maintains normal office hours and conducts business.
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Servicer Business Day means any Business Day on which the Servicer's offices in the State of New Hampshire are open for business.
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Examples of Servicer Business Day in a sentence

  • If, for any reason any revised Fixed Recovery Charges are not implemented and effective on the applicable date set forth herein, the Servicer shall notify the Issuer, the Indenture Trustee and each Rating Agency by the end of the second Servicer Business Day after such applicable date.

  • If, for any reason any revised Storm Recovery Charges are not implemented and effective on the applicable date set forth herein, the Servicer shall notify the Issuer, the Indenture Trustee and each Rating Agency by the end of the second Servicer Business Day after such applicable date.

  • If, for any reason any revised Securitization Charges are not implemented and effective on the applicable date set forth herein, the Servicer shall notify the Issuer, the Indenture Trustee and each Rating Agency by the end of the second Servicer Business Day after such applicable date.

  • Each Servicer Business Day, after giving effect to collections (including Securitization Charge Collections) on such Servicer Business Day, the total collections for each Securitization Rate Class are multiplied by the prior Billing Period’s Securitization Ratio for such Securitization Rate Class.

  • Such product shall constitute the amount of Estimated TC Collections for such Servicer Business Day.


More Definitions of Servicer Business Day

Servicer Business Day means any day other than a Saturday, a Sunday or a day on which banking institutions in Detroit, Michigan, Jackson, Michigan, New York, New York or Cincinnati, Ohio are authorized or obligated by law, regulation or executive order to be closed, on which the Servicer maintains normal office hours and conducts business.
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Servicer Business Day means any Business Day on which the Servicer’s offices in the State of Ohio are open for business.
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Servicer Business Day means any Business Day on which the Servicer's offices in the State of California are open for business.
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Servicer Business Day means any Busienss Day on which the --------------------- Servicer's offices in the State of California are open for business.]
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Servicer Business Day means any Business Day on which the Servicer's offices in the State of Connecticut are open for business.
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Servicer Business Day means any day other than a Saturday, a Sunday or a day on which banking institutions in Xxx Xxxx, Xxx Xxxx, Xxxxxxx, Xxxxxxxx or Tulsa, Oklahoma are authorized or obligated by law, regulation or executive order to be closed, on which the Servicer maintains normal office hours and conducts business.
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Servicer Business Day. Any day other than a Saturday, a Sunday, or a day on which banking institutions in Seattle, Washington or in any other city in which a corporate office of the Servicer is located are authorized or obligated by law or executive order to be closed.
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