Servicer Remittance Report definition

Servicer Remittance Report. As defined in Section 4.03(d).
Servicer Remittance Report. The monthly report prepared by the Servicer and delivered to the parties specified in Section 5.16(a) of the Sale and Servicing Agreement.
Servicer Remittance Report. As defined in the Servicing Agreement.

Examples of Servicer Remittance Report in a sentence

  • Such notification shall be made each month at the time that the Servicer delivers its Servicer Remittance Report to the Trustee pursuant to Section 4.01.

  • The Master Servicer Remittance Report shall be updated no later than 2:00 p.m. on the second Business Day prior to the Distribution Date to reflect any payment on a Mortgage Loan, a Serviced Companion Mortgage Loan or a B Note for which the Scheduled Payment is paid on a Due Date (or within its grace period) that occurs after the end of the related Collection Period.

  • With respect to each Distribution Date, not later than the fifth Business Day prior to the related Deposit Date the Servicer shall deliver to the Trustee a computer-readable magnetic tape containing the Servicer Remittance Report relating to the Fixed Rate Group and the Servicer Remittance Report relating to the Adjustable Rate Group detailing the payments and collections received in respect of the Mortgage Loans in the related Mortgage Loan Group during the immediately preceding Collection Period.

  • The Master Servicer Remittance Report shall be updated (and delivered to the Paying Agent as updated) no later than 2 p.m. on the second Business Day prior to the Distribution Date to reflect any payment on a Mortgage Loan for which the Scheduled Payment is paid on a Due Date (or within its grace period) that occurs after the end of the related Collection Period.

  • Such notification shall be made each month at the time that the Servicer delivers its Servicer Remittance Report to the Issuer and the Indenture Trustee pursuant to Section 3.01.


More Definitions of Servicer Remittance Report

Servicer Remittance Report. As defined in Section 4.03(d). Service(s)(ing): In accordance with Regulation AB, the act of servicing and administering the Mortgage Loans or any other assets of the Trust Fund by an entity that meets the definition of “servicer’ set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set forth in Item 1108 of Regulation AB. For clarification purposes, any uncapitalized occurrence of this term in this Agreement shall have the meaning commonly understood by participants in the residential mortgage-backed securitization market.
Servicer Remittance Report. A report prepared by the Servicer in such media as may be agreed upon by the Servicer and the Trustee containing such information regarding the Mortgage Loans as will permit the Trustee to calculate the amounts to be distributed pursuant to Section 4.1 and to furnish statements to Certificateholders pursuant to Section 4.2 and containing such additional information as the Servicer and the Trustee may from time to time agree.
Servicer Remittance Report. As defined in Section 6.07 hereof.
Servicer Remittance Report. The monthly report prepared by the Servicer and delivered to the parties specified in Section 3.01.
Servicer Remittance Report. A report prepared by the Servicer and/or the Special Servicer in such media as may be agreed upon by the Servicer, the Special Servicer and the Trustee containing such information regarding the Mortgage Loans as will permit the Trustee to calculate the amounts to be distributed pursuant to Section 4.01 and to furnish statements to Certificateholders pursuant to Section 4.02, including information on the outstanding principal balances of each Mortgage Loan specified therein, and containing such additional information as the Servicer, the Special Servicer and the Trustee may from time to time agree.
Servicer Remittance Report. Each monthly report prepared by the Servicer pursuant to the Servicing Agreement.
Servicer Remittance Report. The monthly report prepared by the Servicer and delivered to the Trustee and Financial Guaranty Insurer pursuant to Section 4.01.