Applied Provider Advance has the meaning assigned to such term in Section 2.06(a).
Provider Advance means a Downgrade Advance or a Non-Extension Advance.
Unapplied Downgrade Advance means any Downgrade Advance other than an Applied Downgrade Advance.
Applied Special Termination Advance has the meaning assigned to such term in Section 2.05.
Unapplied Non-Extension Advance means any Non-Extension Advance other than an Applied Non-Extension Advance.
Special Termination Advance means an Advance made pursuant to Section 2.02(g).
Servicer Advance or "Servicing Advance" as defined in the applicable Purchase and Servicing Agreement.
Master Servicer Advance Date As to any Distribution Date, 12:30 p.m. Pacific time on the Business Day immediately preceding such Distribution Date.
Monthly Advance The portion of each Monthly Payment that is delinquent with respect to each Mortgage Loan at the close of business on the Determination Date required to be advanced by the Company pursuant to Section 5.03 on the Business Day immediately preceding the Remittance Date of the related month.
Monthly P&I Advance An advance of funds by the Master Servicer pursuant to Section 4.02 or a Servicer pursuant to its Selling and Servicing Contract to cover delinquent principal and interest installments.
Applied Downgrade Advance has the meaning assigned to such term in Section 2.06(a).
Downgrade Advance means an Advance made pursuant to Section 2.02(c).
Monthly Advances Principal and interest advances and servicing advances including costs and expenses of foreclosure.
Applied Non-Extension Advance has the meaning assigned to such term in Section 2.06(a).
Reserve Account Draw Amount means, for any Payment Date, an amount equal to the lesser of (a) the Available Funds Shortfall Amount, if any, for such Payment Date and (b) the amount of cash or other immediately available funds on deposit in the Reserve Account (excluding any net investment earnings) on such Payment Date; provided, however, that if such Payment Date is the Redemption Date, the “Reserve Account Draw Amount” shall mean an amount equal to the amount of cash or other immediately available funds on deposit in the Reserve Account on the Redemption Date.
Replacement Reserve Monthly Deposit shall have the meaning set forth in Section 7.3.1 hereof.
Replacement Reserve Account shall have the meaning set forth in Section 7.3.1 hereof.
Servicing Advance Reimbursement Amounts As defined in Section 3.22.
Collection Period means, with respect to any Payment Date, the period commencing on the first day of the calendar month immediately preceding the month in which such Payment Date occurs (and, in the case of the first Collection Period, the period from (but excluding) the Cutoff Date) and ending on the last day of the calendar month immediately preceding the month in which such Payment Date occurs.
Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.
Nonrecoverable Property Protection Advance shall have the meaning assigned to the term in the Servicing Agreement or such other analogous term used in the Servicing Agreement.