Bankruptcies. In the event that a Borrower files any bankruptcy proceedings, Servicer may (but shall not be required to) represent Purchaser’s interest in any bankruptcy proceedings relating to the Borrower in accordance with the Accepted Servicing Practices.
Bankruptcies. If Servicer receives written notice that an Obligor has become subject to bankruptcy proceedings under Federal or State law, Servicer or its designee (attorney if required) shall provide the following services as necessary:
Bankruptcies. The Proposer shall state if they are involved in an ongoing bankruptcy as a debtor, or in a reorganization, liquidation, or dissolution proceeding, or if a trustee or receiver has been appointed over all or a substantial portion of the property of the Proposer under federal bankruptcy law or any state insolvency law.
Bankruptcies. If the Servicer has actual knowledge that a Borrower is the subject of a proceeding under the bankruptcy code or any other similar law, has made an assignment for the benefit of creditors, or has had a receiver or custodian appointed for its property, the Servicer will retain an attorney to pursue claims to payment on the Mortgage Loan and foreclosure on the Mortgaged Premises. If the Mortgaged Premises is acquired in an insolvency proceeding, it shall be acquired in the name of Owner or its designee. The Servicer will be responsible for representing the Owner's interest in any bankruptcy proceedings relating to the Borrower. The costs of protecting the Owner's interest shall be paid in accordance with Section 6.6. If the Borrower, a creditor or a bankruptcy trustee should propose to reduce the Unpaid Principal Balance of the Note, reduce the Note Rate, "
Bankruptcies. Has your firm or its parents or any subsidiaries ever had a Bankruptcy Petition filed in its name, voluntarily or involuntarily? (If yes, specify date, circumstances, and resolution). Check here if provided Check here if Not Applicable (N/A) I, , Name of Authorized Officer per Sunbiz Title of Name of Firm as it appears on Sunbiz I hereby attest that I have the authority to sign this notarized certification and certify that the above referenced information is true, complete and correct. Signature of Authorized Officer per Sunbiz Print Name of Person Signing PUBLIC ENTITY CRIME FORM SWORN STATEMENT PURSUANT TO SECTION 287.133(2) (a), FLORIDA STATUTES, PUBLIC ENTITY CRIME INFORMATION “A person or affiliate who has been placed on the convicted vendor list following a conviction for a public entity crime may not submit a bid, proposal, or reply on a contract to provide any goods or services to a public entity; may not submit a bid, proposal, or reply on a contract with a public entity for the construction or repair of a public building or public work; may not submit bids, proposals, or replies on leases of real property to a public entity; may not be awarded or perform work as a Contractor, supplier, subcontractor, or consultant under a contract with any public entity; and may not transact business with any public entity in excess of the threshold amount provided in Section 287.017, for CATEGORY TWO for a period of 36 months following the date of being placed on the convicted vendor list.” By: Title: Signed and Sealed day of , 2017 Domestic Partnership Certification Form This form must be completed and submitted with your firm’s submittal.
Bankruptcies. During the preceding five (5) years, Debtor has not filed or had filed against it any bankruptcy, receivership or similar petitions nor has it made any assignments for the benefit of creditors.
Bankruptcies. If WOFC receives a notice that a Borrower on an Account has filed for relief under the United States Bankruptcy Code, WOFC shall file a proof of claim and notify Company of the bankruptcy filing. In the event that activities outside the scope of routine bankruptcy filings and follow-up are necessary, the Company may, at its option, instruct WOFC to hire the services of a law firm to represent the Company in the Borrower's bankruptcy at the expense of Company. If WOFC must retain the services of an attorney to file a proof of claim, Company agrees to pay all reasonable attorney fees and costs, including all filing fees, relating to the filing of such proof of claim. However, if Company instructs WOFC to retain the services of a specific law firm, Company agrees to pay all attorney fees and costs, including all filing fees, relating to the filing of such proof of claim. Company's Payment of such attorneys fees and costs shall be made monthly, as invoiced by WOFC, concurrently with payment of the Servicing Fees.
Bankruptcies. The Servicer will represent the related Investor’s interest in any bankruptcy proceedings relating to the Mortgagor. The associated costs of protecting such Investor’s interest in bankruptcy shall be paid as a Servicing Advance in accordance with this Agreement. If the Mortgagor, a creditor, or a bankruptcy trustee proposes to reduce the unpaid principal balance of the Mortgage Note, reduce the Mortgage Interest Rate, or otherwise modify a Mortgagor’s obligations under a Mortgage Loan, the Servicer shall use reasonable efforts to challenge any such modification on a timely basis if a commercially reasonable and valid legal basis exists for such challenge, unless Angel Oak, on behalf of the related Investor, agrees to such reduction.
Bankruptcies. No borrower on any Insured Loan may have been a debtor who was the subject of a bankruptcy proceeding during the 24 months prior to the closing of the Insured Loan.
Bankruptcies. During the preceding five (5) years, Xxxxxxxx has not filed or had filed against it any bankruptcy, receivership or similar petitions nor has it made any assignments for the benefit of creditors.
