Subservicing Agreement definition

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.

Subservicing Agreement. An agreement between the Company and a Subservicer for the servicing of the Mortgage Loans.

Subservicing Agreement. As defined in Section 3.02(a).

Examples of Subservicing Agreement in a sentence

• Unless the context otherwise requires, during any period during which there is more than one Servicer, references (other than in any Servicing Agreement or Subservicing Agreement) to “the Servicer” or “the Servicing Agreement” will refer to “the Servicers or any of them” and to “the Servicing Agreements or any of them”, respectively.

• The Borrower shall not permit any of the Ginnxx Xxx XXXs to be subject to any servicing contract or subservicing arrangement, unless such contract or arrangement is (i) permitted by the Ginnxx Xxx Xxxvicing Contract, (ii) with an Approved Subservicer pursuant to an Approved Subservicing Agreement and (iii) has been consented to in writing by the Administrative Agent (such consent not to be unreasonably withheld, conditioned or delayed).

• The Borrower shall perform its obligations under each Approved Subservicing Agreement and shall not default under such Approved Subservicing Agreement.

• Any Subservicing Agreement with any Subservicer must provide for the Servicing by the Subservicer in accordance with the Servicing Standard and the other terms of this Agreement and the LLC Operating Agreement, and must comply with the requirements set forth in Section 3 of the Servicing Addendum to the LLC Operating Agreement.

• Each Subservicing Agreement and JDC Agreement, and all Modifications thereto, and the selection of the Subservicer (regardless of whether the Subservicer is an Affiliate of the Servicer) or JDC Contractor is subject to the prior written approval of the Manager (which approval will not be unreasonably withheld, delayed or conditioned so long as the provisions required under Section 4.2 are not modified or deleted).

More Definitions of Subservicing Agreement

Subservicing Agreement. Any subservicing agreement (which, in the event the Subservicer is an affiliate of the Servicer, need not be in writing) between the Servicer and any Subservicer relating to servicing and/or administration of certain Mortgage Loans as provided in Section 3.02.

Subservicing Agreement. Any agreement entered into between the Master Servicer and a subservicer with respect to the subservicing of any Mortgage Loan hereunder by such subservicer.

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 Company. With respect to Additional Collateral Loans subserviced by MLCC, the Subservicing Agreement shall also include the Addendum and Assignment Agreement and the Pledged Asset Mortgage Servicing Agreement. With respect to any Pledged Asset Loan subserviced by GMAC Mortgage Corporation, the Addendum and Assignment Agreement, dated as of November 24, 1998, between the Master Servicer and GMAC Mortgage Corporation, as such agreement may be amended from time to time.

Subservicing Agreement. Any agreement between the Servicer and any Subservicer relating to subservicing and/or administration of certain Mortgage Loans as provided in Section 3.01(b), a copy of which shall be delivered, along with any modifications thereto, to the Trustee.

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 of the Servicing Agreement.

Subservicing Agreement means an agreement between the Master Servicer and a Subservicer relating to the servicing of one or more Contracts, substantially in the form of Exhibit E hereto.

Subservicing Agreement. The agreement between the Servicer and the Subservicers relating to subservicing and/or administration of certain Mortgage Loans as provided in Section 5.13, a copy of which shall be delivered, along with any modifications thereto, to the Trustee and the Certificate Insurer.