Examples of Servicer Report Date in a sentence
If the Seller is unable to do so, it shall purchase such Contract on the Master Servicer Report Date next succeeding the end of such 90-day period from the Issuer for an amount equal to the related Repurchase Amount in the manner set forth in Section 5.04.
As consideration for the Contract, the Servicer shall remit the Purchase Amount on the Business Day preceding the Servicer Report Date next succeeding the end of such 30-day cure period in the manner specified in Section 4.02(a).
On or prior to each Servicer Report Date, the Company shall deliver to the Trustee (or any duly appointed custodian for the Contract Documents) the Contract Documents relating to such Contracts, with the Contracts containing the notice required by Section 4.3(e).
No later than the Servicer Report Date, the Servicer shall deliver to the Backup Servicer the Distribution Date Statement and a computer tape in a format acceptable to the Backup Servicer containing the information with respect to the Contracts for the preceding Collection Period necessary for the preparation of the Distribution Date Statement and the performance of the Verification and Confirmation Duties relating to such Collection Period (collectively, the "Information Package").
The Servicer or the Seller, as the case may be, each shall remit or credit to the Collection Account each Purchase Amount to be remitted by it with respect to Purchased Contracts on the Business Day preceding the Servicer Report Date next succeeding (i) the end of the Collection Period in which the applicable Contract is repurchased by the Seller pursuant to Section 2.03, in the case of the Seller or (ii) the last day of the related cure period specified in Section 3.07, in the case of the Servicer.