Common use of Servicer; Servicing Tape Clause in Contracts

Servicer; Servicing Tape. Seller shall cause each Servicer to provide to Buyer and to the Custodian via Electronic Transmission, a remittance report on a monthly basis by no later than the 15th day of each month (the "Reporting Date") containing servicing information, including without limitation those fields reasonably requested by Buyer from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Purchased Assets serviced hereunder by Seller or any Servicer for the month (or any portion thereof) prior to the Reporting Date (such remittance report, an "Asset Tape"). To the extent it has control, Seller shall not cause or permit any Mortgage Assets to be serviced by any servicer other than a Qualified Servicer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Gramercy Capital Corp), Repurchase Agreement (Gramercy Capital Corp)

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Servicer; Servicing Tape. Seller shall cause each Servicer to provide to Buyer the Agent and to the Custodian via Electronic Transmission, a remittance report on a monthly basis by no later than the 15th day of each month (the "Reporting Date") containing servicing information, including without limitation those fields reasonably requested by Buyer the Agent from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Purchased Assets serviced hereunder by Seller or any Servicer for the month (or any portion thereof) prior to the Reporting Date (such remittance report, an "Asset Tape"). To the extent it has control, Seller shall not cause or permit any Mortgage Assets to be serviced by any servicer other than a Qualified Servicer.

Appears in 2 contracts

Samples: Master Repurchase Agreement (Gramercy Capital Corp), Master Repurchase Agreement (Gramercy Capital Corp)

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Servicer; Servicing Tape. Seller shall cause each Servicer to provide to Buyer and to the Custodian via Electronic Transmission, a remittance report on a monthly basis by no later than the 15th day of each month (the "Reporting Date") containing servicing information, including without limitation those fields reasonably requested by Buyer from time to time, on a loan-by-loan basis and in the aggregate, with respect to the Purchased Assets serviced hereunder by Seller or any Servicer for the month (or any portion thereof) prior to the Reporting Date (such remittance report, an "Asset Tape"). To the extent it has control, Seller shall not cause or permit any Mortgage Assets to be serviced by any servicer other than a Qualified Servicer.

Appears in 1 contract

Samples: Master Repurchase Agreement (CBRE Realty Finance Inc)

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