Preservation Expenses. Reasonable and customary expenditures made by the Master Servicer or the Servicers in connection with a foreclosed Mortgage Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes and assessments, payments to senior lienholders or holders of any ground lease, hazard insurance premiums, property restoration or preservation.
Appears in 5 contracts
Samples: Transfer and Servicing Agreement (Bayview Financial Securities Co LLC), Pooling and Servicing Agreement (Bayview Financial Corp Mortgage Pass THR Certs Ser 2003-E), Transfer and Servicing Agreement (Bayview Financial Securities Co LLC)
Preservation Expenses. Reasonable and customary expenditures made by the Master Servicer or the Servicers Servicer in connection with a foreclosed Mortgage Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes and assessments, payments to senior lienholders or holders of any ground lease, hazard insurance premiums, property restoration or preservation.
Appears in 3 contracts
Samples: Transfer and Servicing Agreement (HMB Acceptance Corp.), Transfer and Servicing Agreement (Aegis Asset Backed Securities Corp), Pooling and Servicing Agreement (HMB Acceptance Corp.)
Preservation Expenses. Reasonable and customary expenditures Expenditures made by the Master Servicer or the Servicers in connection with a foreclosed Mortgage Loan prior to the liquidation thereof, including, without limitation, expenditures for real estate property taxes and assessments, payments to senior lienholders or holders of any ground leasetaxes, hazard insurance premiums, property restoration or preservation.
Appears in 2 contracts
Samples: Sale and Servicing Agreement (H&r Block Inc), Sale and Servicing Agreement (H&r Block Inc)
