Receivables Sale Termination Date Sample Clauses

Receivables Sale Termination Date. The date on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full.
AutoNDA by SimpleDocs
Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: Nationstar, as the entity that shall, on and after the Closing Date, sell to the Depositor all Receivables created on and after the Closing Date under the Designated Servicing Agreements.
Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: Nationstar, as the entity that sold and contributed, prior to the Effective Date and as the entity that sells to Advance Purchaser, on and after the Effective Date but before the related MSR Transfer Date, and Advance Purchaser, as the entity that shall, on and after the Effective Date, and both before and after the related MSR Transfer Date, sell and contribute to the Depositor all Receivables that it either acquires from Nationstar (before the related MSR Transfer Date) or creates as a result of making Advances (on or after the related MSR Transfer Date) under the Designated Servicing Agreements.
Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period, on which all amounts due on all Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: OLS, as the entity that sold and contributed, prior to the Effective Date, and HLSS, as the entity that shall, on and after the Effective Date, and both before and after the related MSR Transfer Date, sell and contribute to the Depositor all Receivables that it either acquires from OLS (before the related MSR Transfer Date) or creates as a result of making Advances (on or after the related MSR Transfer Date) under the Designated Servicing Agreements.
Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: Nationstar, as the entity that sells to Advance Purchaser, on and after the Closing Date but before the related MSR Transfer Date in respect of the related Designated Servicing Agreement, and Advance Purchaser, as the entity that shall, on and after the Closing Date, and both before and after the related MSR Transfer Date in respect of the related Designated Servicing Agreement, sell and contribute to the Depositor all Receivables that it either (i) acquires from Nationstar (before the related MSR Transfer Date in respect of the related Designated Servicing Agreement), (ii) creates as a result of making Advances (on or after the related MSR Transfer Date in respect of the related Designated Servicing Agreement), (iii) acquires related to the Deferred Servicing Fees acquired pursuant to the Purchase Agreement under the Designated Servicing Agreements or (iv) accrues as Deferred Servicing Fee Receivables on and after the related MSR Transfer Date.
Receivables Sale Termination Date. The earlier to occur of (i) the date, after the conclusion of the Revolving Period for all Series and Classes of Notes, on which all amounts due on all Series and Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full, and (ii) the occurrence of the Consent Withdrawal Date with respect to both the Xxxxxx Mae Consent and the Xxxxxxx Mac Consent.
Receivables Sale Termination Date. The date, after the conclusion of the Revolving Period, on which all amounts due on all Classes of Notes issued by the Issuer pursuant to this Indenture, and all other amounts payable to any party pursuant to this Indenture, shall have been paid in full. Receivables Seller: HLSS, as the entity that shall, on and after the Closing Date, and both before and after the MSR Transfer Date, sell and contribute to the Depositor all Receivables that it either acquires from OLS (before the MSR Transfer Date) or creates as a result of making Advances (on or after the MSR Transfer Date) under the Designated Servicing Agreements.
AutoNDA by SimpleDocs

Related to Receivables Sale Termination Date

  • Servicer Termination Event For purposes of this Agreement, each of the following shall constitute a “Servicer Termination Event”:

  • Servicer Termination (a) Following the occurrence of any of the events set forth in Section 19.2.1, the Trustee may elect, at its reasonable discretion, to terminate the Servicer under this Agreement with respect to the Mortgage Loans. The Trustee shall provide a written termination notice to the Servicer.

  • Purchase and Sale Termination Date The “Purchase and Sale Termination Date” shall be the earlier to occur of (a) the date the Purchase Facility is terminated pursuant to Section 8.2 and (b) the Payment Date immediately following the day on which the Originators shall have given written notice to the Company and the Administrator at or prior to 10:00 a.m. (New York City time) that the Originators desire to terminate this Agreement.

  • Servicer Termination Events The following events will each be a “Servicer Termination Event”:

  • Facility Termination Date Any outstanding Loans and all other unpaid Obligations (other than contingent indemnity obligations) shall be paid in full by the Borrower on the Facility Termination Date. Notwithstanding the termination of this Agreement on the Facility Termination Date, until all of the Obligations (other than contingent indemnity obligations) shall have been fully paid and satisfied and all financing arrangements among the Borrower and the Lenders hereunder and under the other Loan Documents shall have been terminated, all of the rights and remedies under this Agreement and the other Loan Documents shall survive.

  • Purchase and Sale Termination Events Each of the following events or occurrences described in this Section 8.1 shall constitute a “Purchase and Sale Termination Event” (each event which with notice or the passage of time or both would become a Purchase and Sale Termination Event being referred to herein as an “Unmatured Purchase and Sale Termination Event”):

  • Transfer to Avoid Termination Event If either an Illegality under Section 5(b)(i)(1) or a Tax Event occurs and there is only one Affected Party, or if a Tax Event Upon Merger occurs and the Burdened Party is the Affected Party, the Affected Party will, as a condition to its right to designate an Early Termination Date under Section 6(b)(iv), use all reasonable efforts (which will not require such party to incur a loss, excluding immaterial, incidental expenses) to transfer within 20 days after it gives notice under Section 6(b)(i) all its rights and obligations under this Agreement in respect of the Affected Transactions to another of its Offices or Affiliates so that such Termination Event ceases to exist. If the Affected Party is not able to make such a transfer it will give notice to the other party to that effect within such 20 day period, whereupon the other party may effect such a transfer within 30 days after the notice is given under Section 6(b)(i). Any such transfer by a party under this Section 6(b)(ii) will be subject to and conditional upon the prior written consent of the other party, which consent will not be withheld if such other party's policies in effect at such time would permit it to enter into transactions with the transferee on the terms proposed.

  • Earlier Termination Your employment hereunder shall terminate prior to the Initial Term (or any renewal term, in the event of renewal) on the following terms and conditions:

  • Notification of Servicer Termination Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article, the Owner Trustee shall give prompt written notice thereof to Certificateholders, and the Indenture Trustee shall give prompt written notice thereof to Noteholders and the Administrator (who shall make such notice available to each Rating Agency pursuant to Section 1.02(c) of the Administration Agreement).

  • Normal Termination Date Unless earlier terminated pursuant to Section 3(b) or Section 5, the Options shall terminate on the tenth anniversary of the Grant Date (the “Normal Termination Date”), if not exercised prior to such date.

Time is Money Join Law Insider Premium to draft better contracts faster.