SLC Sample Clauses

SLC. The Corporation and entities wholly owned and Controlled by the Corporation are the sole general partners of SLC.
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SLC. “SLC” shall have the meaning given to such term in Section 5.6.
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SLC. SLC is a corporation duly organized, validly existing and in good standing under the laws of the State of Maryland and has all requisite corporate power and authority to own and operate its properties, to carry on its business as now conducted and proposed to be conducted, to enter into the Loan Documents and Intercompany Loan Documents to be executed by it and to carry out the terms thereof.
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SLC. The definition of "SLC" is amended in its entirety as --- follows (and the definition of "SLC" appearing in Section 6.04(a) shall be deemed to be modified accordingly):
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SLC. The SLC shall be responsible for transferring information necessary for the legal cadastre to the registration offices of the MOJ. In cases of initial registration in accordance with the Registration Law this shall include cadastral number of land parcel, location of land parcel, name of owner, name of user, form of tenure, targeted use of the parcel, divisibility or indivisibility of the parcel, parcel area in square meters, servitudes, and encumbrances. The SLC shall also maintain index maps depicting land parcels in relation one to another. For secondary transactions in a registered parcel, the SLC shall be responsible for updating the index maps for the creation of new parcels, the division of an existing parcel into two or more parcels, or the amalgamation of two or more existing parcels into one new parcel.
Sample 1

Related to SLC

  • EMC On the Closing Date, EMC will receive from the Seller a payment of $5,000.

  • Subservicer Any Person with whom the Master Servicer has entered into a Subservicing Agreement and who generally satisfied the requirements set forth in the Program Guide in respect of the qualification of a Subservicer as of the date of its approval as a Subservicer by the Master Servicer.

  • The Master Servicer The Master Servicer shall service and administer the Mortgage Loans in a manner consistent with the terms of this Agreement and with general industry practice and shall have full power and authority, acting alone or through a subservicer, (i) to execute and deliver, on behalf of the Noteholders, the Trust, and the Indenture Trustee, customary consents or waivers and other instruments and documents, (ii) to consent to transfers of any Mortgaged Property and assumptions of the Mortgage Notes and related Mortgages (but only in the manner provided in this Agreement), (iii) to collect any Insurance Proceeds and other Liquidation Proceeds, and (iv) to effectuate foreclosure or other conversion of the ownership of the Mortgaged Property securing any Mortgage Loan. The Master Servicer shall remain responsible to the parties to this Agreement and the Credit Enhancer for its obligations under this Agreement. Any amounts received by any subservicer on a Mortgage Loan shall be considered to have been received by the Master Servicer whether or not actually received by it. Without limiting the generality of the foregoing, the Master Servicer may execute and deliver, on behalf of itself, the Noteholders, and the Indenture Trustee, or any of them, any instruments of satisfaction or cancellation, or of partial or full release or discharge, and all other comparable instruments, with respect to the Mortgage Loans and with respect to the Mortgaged Properties, in each case to the extent not inconsistent with this Agreement. At the request of a Servicing Officer, the Indenture Trustee shall furnish the Master Servicer with any powers of attorney and other documents appropriate to enable the Master Servicer to carry out its servicing and administrative duties under this Agreement. The Master Servicer in this capacity may also consent to the placing of a lien senior to that of any mortgage on the related Mortgaged Property, if

  • Conveyance of the Receivables AND THE OTHER CONVEYED PROPERTY

  • The Seller Subsection 14.01 Additional Indemnification by the Seller; Third Party Claims........................................... Subsection 14.02 Merger or Consolidation of the Seller..................

  • Depositor Structured Asset Securities Corporation, a Delaware corporation having its principal place of business in New York, or its successors in interest.

  • The Transferor 5.1 warrants to the Transferee that it has full power to enter into this Transfer Certificate and has taken all corporate action necessary to authorise it to do so;

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