Common use of No Servicer Advances Clause in Contracts

No Servicer Advances. Except with respect to Remittances of Estimated RTC Charge Payments, the Servicer shall not make any advances of interest on or principal of the Notes or the Certificates.

Appears in 6 contracts

Sources: Transition Property Servicing Agreement (BEC Funding II, LLC), Transition Property Servicing Agreement (CEC Funding, LLC), Transition Property Servicing Agreement (CEC Funding, LLC)