Servicing Transfer Agreement definition

Servicing Transfer Agreement. As defined in Section 5.04.
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Servicing Transfer Agreement means the agreement to be entered into between Purchaser and Sellers containing the terms and conditions for the transfer by Sellers to Purchaser of the Purchased Mortgage Servicing and Servicing Advances, pursuant to Section 9.1.
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Servicing Transfer Agreement. As defined in Section 5.04. “Servicing Transfer Date”: As defined in Section 5.04.
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Examples of Servicing Transfer Agreement in a sentence

  • Except as otherwise provided herein (including the Purchaser Payment Cap) or in the Servicing Transfer Agreement, Sellers, on the one hand, and Purchaser, on the other hand, shall each be responsible for 50% of all costs and expenses of transferring the Purchased Mortgage Servicing to Purchaser, including (i) transferring the servicer status of any Serviced Mortgage Loan registered on MERS from Sellers to Purchaser, (ii) preparingpurchaser payment cap (the “Purchaser Payment Cap”), as defined in the APA.

  • Although Attorney Heggie and defendant’s counsel briefly discussed the former option, there is no indication that this occurred.On January 31, 2013, GMAC and Green Tree entered into a Servicing Transfer Agreement (“Servicing Transfer Agreement”).

  • Pursuant to the Servicing Transfer Agreement (as amended from time to time, the “STA”), dated as of December 1, 2005, among the Bank and HSBC Finance Corporation, HSBC Finance Corporation agrees to assume and affirm every obligation, covenant, and responsibility of the Bank as Servicer under the Pooling Agreement.

  • Exhibits10.1 Third Amendment to Purchase, Sale and Servicing Transfer Agreement, dated May 1, 2006, between Federated and Citibank99.1 Press Release, dated May 1, 2006 FEDERATED DEPARTMENT STORES, INC.

  • Type of Fee Amount of Fee Priority in Cashflow Frequency with the Servicing Transfer Agreement.

  • The productivity gains of this division of collective labour then draws on the benefits typical of a workshop-like knowledge production system.

  • Exhibits10.110.2Fourth Amendment to Purchase, Sale and Servicing Transfer Agreement, dated May 22, 2006, between Federated and CitibankSecond Amendment to the Credit Card Program Agreement, dated May22, 2006, between Federated, FDS Bank, FACS Group, Inc., Macy's Department Stores, Inc., Bloomingdale's, Inc.

  • Because juvenile steelhead must spend at least one summer and winter in freshwater prior to outmigrating to the sea, they tend to establish territories2 in suitable rearing habitat soon after emergence from the gravel (as opposed to fall Chinook, chum, pink, and sockeye salmon, which only spend a few days, weeks, or months within their natal stream).

  • Service Provider Fee Service Provider Fee: Nofees applicable prior to the Access Period (as defined in the Servicing Transfer Agreement).

  • The ancillary agreements include, but are not limited to, the Servicing Transfer Agreement, the Transition Services Agreement (including all Statements of Work related thereto), the Estate Servicing Agreement and the Estate Subservicing Agreement (each as contemplated and defined in the Ocwen APA and executed by the parties).


More Definitions of Servicing Transfer Agreement

Servicing Transfer Agreement. The servicing transfer agreement by, between and among Bank of America, the Agency and Seller (including any amendments thereto) relating to the Mortgage Loans.
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Servicing Transfer Agreement shall have the meaning set forth in Section 41.
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Servicing Transfer Agreement. Either (i) the Mortgage Loan Servicing Transfer Agreement, dated as of August 28, 2003, between the Master Servicer and the Interim Servicer or (ii) the Mortgage Loan Servicing Transfer Agreement, dated as of September 30, 2003, between the Master Servicer and the Interim Servicer, as applicable.
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Servicing Transfer Agreement. The Servicing Transfer Agreement, dated April 17, 2003 among UAC, the Insurer, the Servicer, the Issuer and Performance Securitization Corporation.
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Servicing Transfer Agreement. As defined in Section 5.04. “Servicing Transfer Date”: As defined in Section 5.04. “Servicing Transfer Event”: With respect to any Mortgaged Property, the occurrence of any of the events described in clauses (a) through (e) of the definition of “Specially Serviced Lease.” With respect to any Mortgage Loan, the occurrence of any of the events described in clauses (a) through (e) of the definition of “Specially Serviced Loan.” “Special Servicer”: Spirit Realty, in its capacity as special servicer under this Agreement, or any successor special servicer appointed as herein provided. “Special Servicer Additional Servicing Compensation”: As defined in Section 3.11(d). “Special Servicer Report”: As defined in Section 4.01(b). “Special Servicing Fee”: With respect to each Specially Serviced Asset, the fee designated as such and payable to the Special Servicer pursuant to the first paragraph of Section 3.11(c). “Special Servicing Fee Rate”: With respect to each Specially Serviced Asset, a fixed percentage rate equal to 0.75% per annum. “Specially Serviced Asset”: A Specially Serviced Lease or a Specially Serviced Loan. “Specially Serviced Lease”: Any Lease as to which any of the following events occurs or exists:
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Servicing Transfer Agreement means the Servicing Transfer Agreement, dated as of the date hereof, by and among the SST, UAC, UACSC, PSC and MBIA.
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Related to Servicing Transfer Agreement

  • Servicing Transfer Any transfer of the servicing by a Prior Servicer of Mortgage Loans to the Servicer under this Agreement.

  • Servicing Transfer Date The date on which a Servicing Transfer occurs.

  • IDR Transfer Agreement means an agreement to transfer, subject to the terms of Tariff, Part VI, section 237, Incremental Deliverability Rights to a party for the purpose of eliminating or reducing the need for Local or Network Upgrades that would otherwise have been the responsibility of the party receiving such rights. Immediate-need Reliability Project: “Immediate-need Reliability Project” shall have the same meaning provided in the Operating Agreement.

  • Servicing Transfer Event means any of the events specified in the Servicing Agreement, whereby the servicing of the Mortgage Loan is required to be transferred to the Special Servicer from the Master Servicer.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Transfer and Servicing Agreement means the Amended and Restated Transfer and Servicing Agreement dated as of May 1, 2007 among the Transferor, the Servicer, and the Indenture Trustee, as the same may be amended, modified or supplemented.

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Asset Transfer Agreement means the asset transfer agreement dated September 12, 2014 between Centurion Real Estate Opportunities Trust and Centurion Apartment REIT pursuant to which Centurion Apartment REIT seeded the initial portfolio of Centurion Real Estate Opportunities Trust.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • Transfer Agreement means the agreement providing for a transfer of structured settlement payment rights.

  • Servicing Transfer Costs All reasonable costs and expenses incurred by the Trustee in connection with the transfer of servicing from a predecessor servicer, including, without limitation, any costs or expenses associated with the complete transfer of all servicing data and the completion, correction or manipulation of such servicing data as may be required by the Trustee to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee to service the Mortgage Loans properly and effectively.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Back-Up Servicing Agreement means that certain Back-Up Servicing Agreement to be entered into by and among the Company, the Administrative Agent and the Back-Up Servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

  • Primary Servicing Agreement means the agreement between the applicable Primary Servicer and the Master Servicer, under which such applicable Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Subservicing Agreements As defined in Section 3.02(a).

  • Servicing Agreements Each of the Servicing Agreements executed with respect to a portion of the Mortgage Loans by one of the Servicers, which agreements are attached hereto, collectively, as Exhibit L.