Servicing Transfer Date definition

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

Servicing Transfer Date. With respect to any Mortgage Loan, the date on which servicing of such Mortgage Loan was transferred to the applicable Servicer (as set forth on the Mortgage Loan Schedule).

Servicing Transfer Date. The date or dates, set forth in the related PPTL, when the Servicer will begin servicing the Mortgage Loans for the benefit of the Purchaser.

Examples of Servicing Transfer Date in a sentence

• The Company must prepare and provide to the Transferor, on or prior to the respective Servicing Transfer Date, an Affidavit and Assignment of Claim in the form attached to this Agreement as Attachment D or any similar forms as may be required in any relevant Foreign Jurisdiction and must be acceptable to the Transferor, for each Asset where a Borrower or an Obligor with respect to such Asset is in bankruptcy as of the Closing Date.

• As soon as practicable after the respective Servicing Transfer Date, the Transferor must provide the Company with a statement setting forth, for each Asset that is transferred on such Servicing Transfer Date, the amount of all advances made with respect to such Asset prior to the Servicing Transfer Date for such Asset and the amount of any reimbursement of advances that the Transferor has received from the respective Borrower or other Obligor.

• Effective as of the date hereof (and, with respect to each Asset or Group of Assets, as of the applicable Servicing Transfer Date with respect thereto), the Manager appoints the Servicer to service, administer, manage and dispose of the Assets and the Collateral on behalf of and as an agent of the Manager.

• With respect to each Asset, the Transferor will be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods prior to the respective Servicing Transfer Date, and the Company will be responsible for submitting all tax information returns with all applicable Governmental Authorities for all applicable periods commencing with the respective Servicing Transfer Date.

• Amounts or balances related to the Loans on deposit in Escrow Accounts held or controlled by the Transferor or an Existing Servicer will be transferred to the Company on the respective Servicing Transfer Date.

More Definitions of Servicing Transfer Date

Servicing Transfer Date means the effective date of a transfer of servicing from the Servicer to a Successor Servicer, as provided in Section 10 of this Agreement.

Servicing Transfer Date. The Business Day next succeeding the expiration of the Transfer Period.

Servicing Transfer Date. With respect to each Servicing Agreement, the date on which all of the Third Party Consents related to such Servicing Agreement necessary to transfer the related Servicing Rights to Purchasers are received or such later date mutually agreed to by Seller and Purchasers.

Servicing Transfer Date. The date on which the Servicer begins servicing the related Mortgage Loans pursuant to this Servicing Agreement.

Servicing Transfer Date. The date on which a Servicing Transfer occurs. Subcontractor: Any vendor, subcontractor or other Person (determined solely by the Servicer) that is not responsible for the overall servicing (as “servicing” is commonly understood by participants in the mortgage-backed securities market) of the Mortgage Loans but performs one or more discrete functions identified in Item 1122(d) of Regulation AB with respect to the Mortgage Loans under the direction or authority of the Servicer or a related Subservicer.

Servicing Transfer Date. As defined in Section 5.04.

Servicing Transfer Date means the date on which a Successor Servicer has assumed all of the duties and obligations of the Servicer under the Servicing Agreement (other than in the case of any Back-up Servicer, any such duty or obligation that it is not required to assume under the terms of any applicable Back-up Servicing Agreement, if any) after the resignation or termination of the Servicer.