Servicing definition

Servicing. In accordance with Regulation AB, the act of servicing, managing or administering the Mortgage Loans or any other assets of the Trust by an entity (other than the Certificate Administrator and the Trustee) 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 shall have the meaning commonly understood by participants in the commercial mortgage-backed securities market.
Servicing means receiving a scheduled, periodic payment from a borrower,

Examples of Servicing in a sentence

  • Price of Servicing of the Claim - The price stipulated in the Price List on the Platform that has to be paid by the Assignee to the ROBOCASH for Servicing of the Claim.

  • Servicing of the Claim - Any action taken by ROBOCASH in relation to the Claim, the Agreement, including transfer of funds to the Assignee and other actions stipulated in the Agreement.


More Definitions of Servicing

Servicing. With respect to any Mortgage Loan and any A/B Mortgage Loan, the right and obligation of the Primary Servicer to administer such Mortgage Loan and any A/B Mortgage Loan in accordance with the provisions hereof.
Servicing means the furnishing of electric current, or energy, gas or other illuminating agent for any public lighting facilities or for the lighting or operation of any other improvements; or water for the irrigation of any landscaping, the operation of any fountains, or the maintenance of any other improvements.
Servicing means:
Servicing means the maintenance, repair, and servicing of previously installed equipment and systems.
Servicing means: (1) receiving any scheduled periodic
Servicing means the collection or
Servicing means the routine work necessary to keep electrical, mechanical and plumbing systems operational, including, but not limited to: replacing filters, belts, hoses, gaskets and other parts required for the equipment to operate as intended.