Servicer Termination Date definition

Servicer Termination Date means the date specified by the Issuer and/or the Security Trustee in the Servicer Termination Notice.
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Servicer Termination Date means, in respect of a Servicer, the date on which the Servicer’s appointment is terminated in accordance with the terms of the relevant Servicing Agreement.
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Servicer Termination Date means the date specified in a Servicer Termination Notice or in a notice delivered pursuant to Clause 10.3 (Termination on Delivery of Servicer Termination Notice) of the Servicing Agreement;
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Examples of Servicer Termination Date in a sentence

  • Subject always to clause 27 (Non-Petition and Limited Recourse) of the Framework Agreement, the Spanish Servicer shall be entitled to receive all fees and other monies accrued and owing to it under this Agreement (whether or not due and payable) pro-rated up to the Servicer Termination Date but shall not be entitled to any compensation which accrues after the Servicer Termination Date.


More Definitions of Servicer Termination Date

Servicer Termination Date means, following the occurrence of a Servicer Termination Event and service of a Servicer Termination Notice, the date when a new servicing agreement, substantially in the form of the Servicing Agreement, is signed between Securitisation Services S.p.A., as new servicer, and the Issuer. As a result of a termination of the Servicer following the occurrence of a Servicer Termination Event, starting from the Servicer Termination Date, the appointment of the Back-Up Servicer as successor Servicer pursuant to the Back-Up Servicing Agreement shall become effective. See "The Servicing Agreement" below. 5. THE ACCOUNTSThe Italian Accounts Pursuant to the terms of the Agency and AccountsAgreement, the Issuer has opened with the Italian Account Bank for the purposes of the Securitisation the following accounts (collectively the "Italian Accounts"):
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Servicer Termination Date. The meaning specified in Section 6.11.
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Servicer Termination Date means the earlier of (i) the date on which the appointment of the Servicer is terminated in accordance with clause 15 (Termination of Appointment) of the Servicing Agreement and (ii) the FCT Liquidation Date.
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Servicer Termination Date means the date on which a Servicer shall exit from the Securitisation Programme and shall cease permanently to have the status of Servicer, so that it is not entitled to participate any longer to the Securitisation Programme, namely the date on which:
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Servicer Termination Date means the date on which the date on the Servicer receives the Servicer Termination Notice;
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Servicer Termination Date means the date that the Servicer’s (or a successor Servicer’s) rights and obligations under this Servicing Agreement have been terminated, except as, and to the extent, otherwise provided under the terms of this Servicing Agreement.
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Related to Servicer Termination Date

  • Servicer Termination Event shall have the meaning assigned to such term in the Lead Securitization Servicing Agreement or at any time that the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, any analogous concept under the servicing agreement pursuant to which the Mortgage Loan is being serviced in accordance with the terms of this Agreement.

  • Servicer Termination Notice Defined in Section 6.15.

  • Final Termination Date means the last date of the final year in which the Applicant is required to Maintain Viable Presence and as further identified in Section 2.3.E of this Agreement.

  • Series Termination Date means, with respect to any Series of Certificates, the date stated in the related Supplement.

  • Facility Termination Date means the date as of which all of the following shall have occurred: (a) the Commitments have terminated, (b) all Obligations have been paid in full (other than contingent indemnification obligations), and (c) all Letters of Credit have terminated or expired (other than Letters of Credit as to which other arrangements with respect thereto satisfactory to the Lender shall have been made).