Aames Funding definition

Aames Funding means Aames Funding Corporation and any permitted successors and assigns.
Sample 1Sample 2Sample 3
Aames Funding shall have the meaning provided in the heading hereto.
Sample 1
Aames Funding and together with Aames Capital, each a “Borrower”, collectively, the “Borrowers”) and Xxxxxx Xxxxxxx Mortgage Capital Inc. (the “Lender”) Ladies and Gentlemen: With respect to the mortgage loans described in the attached Schedule A (the “Mortgage Loans”) we hereby certify to you that the Mortgage Loans are not subject to a lien of any third party and (b) we hereby release all right, interest or claim of any kind with respect to such Mortgage Loans, such release to be effective automatically without further action by any party upon payment from Xxxxxx Xxxxxxx Mortgage Capital Inc., of the amount of the Loan contemplated under the Loan Agreement (calculated in accordance with the terms thereof) in accordance with the wiring instructions set forth in the Loan Agreement. Very Truly Yours, AAMES CAPITAL CORPORATION By: ___________________________________ Name: Title: AAMES FUNDING CORPORATION By: ___________________________________ Name: Title: Xxxxxx Xxxxxxx Mortgage Capital Inc. 1221 Avenue of the Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Re: Certain Mortgage Loans Identified on Schedule A hereto and owned by [Aames Capital Corporation [and/or] Aames Funding Corporation] The undersigned hereby releases all right, interest, lien or claim of any kind with respect to the mortgage loan(s) described in the attached Schedule A, such release to be effective automatically without any further action by any party upon payment in one or more installments, in immediately available funds of $__________________, in accordance with the following wire instructions: Very Truly Yours, [WAREHOUSE LENDER] By: ___________________________________ Name: Title: __________ __, 200__ [SERVICER], as Servicer [ADDRESS] Attention: ___________
Sample 1

Examples of Aames Funding in a sentence

  • On April 27, 2004, Aames Financial Corporation, a wholly-owned subsidiary of Aames Investment Corporation, and the parent of Aames Capital Corporation and Aames Funding Corporation, received a Civil Investigative Demand ("CID") from the Federal Trade Commission (the "FTC") that, although not alleging any wrongdoing, sought documents and data relating to Aames Financial Corporation's business and lending practices.

  • The Mortgage Loans will be interim serviced from and after the date hereof for an interim period pursuant to the Interim Servicing Agreement between the Purchaser and Aames Funding Corporation, as interim servicer.

  • Such Notice of Borrowing and Pledge shall include a Mortgage Loan List in respect of the Eligible Mortgage Loans, and a list of Cash Equivalents that Aames Funding proposes to pledge to the Lender and to be included in the Borrowing Base in connection with such borrowing.

  • Notwithstanding any other terms and conditions of this Warehouse Agreement, Aames Funding shall not be required to satisfy any conditions precedent other than those provided in Section 5.01(a), 5.01(b)(i) and 5.01(b)(ii) until such date as Aames Funding shall request an Advance hereunder, at which time it shall be a condition precedent to the Lender making such Advance that Aames Funding shall have satisfied all conditions provided herein.

  • The Borrowers shall not cause the Mortgage Loans to be serviced by any servicer other than Aames Funding Corporation or another servicer expressly approved in writing by the Lender.

  • Aames Funding may request a Tranche B Advance on any Business Day during the period from and including the Effective Date to the Termination Date, by delivering to the Lender, with a copy to the Custodian, a Mortgage Loan Data Transmission and a Notice of Borrowing and Pledge appropriately completed, which must be received no later than 2:00 p.m. (eastern time) two Business Days prior to the requested Funding Date.

  • In comparison, “[f]raud in the inducement is fraud which induces the transaction by misrepresentation of motivating factors.” Aames Funding Corp., 107 Haw.

  • The purpose of the system created by the Act “is to conclusively establish title to land through the issuance of a certificate of title.” Aames Funding Corp.

  • In July of 2004, Plaintiffs Brian Rodriguez and Marina Rodriguez obtained a mortgage loan in the amount of $112,000 from Aames Funding Corporation d/b/a Aames Home Loan (“Aames”).

  • Guarantor has previously entered into the Guaranty for the benefit of Lender pursuant to which Guarantor has guaranteed the obligations of Aames Capital Corporation and Aames Funding Corporation (“Borrower”) under that certain Revolving Credit and Security Agreement by and between Lender and Borrower.


More Definitions of Aames Funding

Aames Funding and together with Aames Capital, each a “Borrower”, collectively the “Borrowers”) and Xxxxxx Xxxxxxx Mortgage Capital Inc. (the “Lender”). Ladies and Gentlemen: [SERVICER] (the “Servicer”) is servicing certain mortgage loans for the Borrowers pursuant to certain Servicing Agreements (each a “Servicing Agreement”) between the Servicer and the Borrowers. Pursuant to the Loan Agreement between the Lender and the Borrowers, the Servicer is hereby notified that the Borrowers have granted a security interest to the Lender in certain mortgage loans which are serviced by Servicer. Upon receipt of a Notice of Event of Default from the Lender in which the Lender shall identify the mortgage loans which are then pledged to the Lender under the Loan Agreement (the “Pledged Mortgage Loans”), the Servicer shall segregate all amounts collected on account of such Pledged Mortgage Loans, hold them in trust for the sole and exclusive benefit of the Lender, and remit such collections in accordance with the Lender’s written instructions. Following such Notice of Event of Default, the Servicer shall follow the instructions of the Lender with respect to the Pledged Mortgage Loans, and shall deliver to the Lender any information with respect to the Pledged Mortgage Loans reasonably requested by Lender. The Servicer acknowledges that it is holding the Pledged Mortgage Loans for the benefit of the Lender. Notwithstanding any contrary information or direction which may be delivered to the Servicer by the Borrowers, the Servicer may conclusively rely on any information, direction or notice of an Event of Default delivered by the Lender, and the Borrowers shall indemnify and hold the Servicer harmless for any and all claims asserted against the Servicer for any actions taken in good faith by the Servicer in connection with the delivery of such information or Notice of Event of Default. No provision of this letter may be amended, countermanded or modified without the prior written consent of the Lender. The Lender is an intended third party beneficiary of this letter. Please acknowledge receipt and your agreement to the terms of this instruction letter by signing in the signature block below and forwarding an executed copy to the Lender promptly upon receipt. Any notices to the Lender should be delivered to the following address: 1221 Avenue of the Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 Attention: Xx. Xxxxxx Xxxxxxxxx; Telephone: (000)000-0000; Facsimile: (000)000-0000, and to ...
Sample 1
Aames Funding and together with Aames Capital, each a “Borrower” and collectively the “Borrowers”) and Xxxxxx Xxxxxxx Mortgage Capital Inc. (the “Lender”). Capitalized terms not otherwise defined herein shall have the same meanings as specified therefor in the Loan Agreement. Each “Assignor” referred to on Schedule I hereto (each, an “Assignor”) and each “Assignee” referred to on Schedule I hereto (each an “Assignee”) hereby agrees severally with respect to all information relating to it and its assignment hereunder and on Schedule I hereto as follows: Subject to the provisions of Section 11.05 of the Loan Agreement, such Assignor hereby sells and assigns, without recourse except as to the representations and warranties made by it herein, to such Assignee, and such Assignee hereby purchases and assumes from such Assignor, an interest in and to such Assignor’s rights and obligations under the Loan Agreement as of the Effective Date (as hereinafter defined) equal to the percentage interest specified on Schedule I hereto of all outstanding rights and obligations under the Loan Agreement (collectively, the “Assigned Interests”). Such Assignor:
Sample 1
Aames Funding and together with Aames Capital, each a “Borrower” and collectively, the “Borrowers”) and Xxxxxx Xxxxxxx Mortgage Capital Inc. (the “Lender”). Unless otherwise defined herein or the context otherwise requires, terms used herein have the meanings provided in the Loan Agreement.
Sample 1

Related to Aames Funding

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Income trust means a trust that is not a unitrust.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • Excess Funding Account shall have the meaning specified in Section 4.02.

  • Project Funding means the funding for the Services;

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Lead Securitization means, if the First Securitization is the Note A-1 Securitization, such Securitization; provided that, if any other Securitization occurs prior to the Note A-1 Securitization, then the First Securitization shall be the Lead Securitization until such time as the Note A-1 Securitization occurs.

  • Citigroup Trust means each of Citigroup Capital III, Citigroup Capital XIII and Citigroup Capital XVIII, each a Delaware statutory trust, or any other similar trust created for the purpose of issuing preferred securities in connection with the issuances of junior subordinated notes under the junior subordinated debt indentures or the junior junior subordinated debt indenture.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Securitization Trust means a trust formed pursuant to a Securitization pursuant to which one or more of the Notes are held.

  • Offering Funding Date means the date on which the offering for the Series Asset is fully funded through an offering conducted by the Company.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Excess Funding Amount means the amount on deposit in the Excess Funding Account.

  • Principal Funding Investment Shortfall means, with respect to each Transfer Date relating to the Controlled Accumulation Period, the amount, if any, by which the Principal Funding Investment Proceeds for such Transfer Date are less than the Covered Amount determined as of such Transfer Date.

  • Principal Funding Investment Proceeds means, with respect to each Transfer Date, the investment earnings on funds in the Principal Funding Account (net of investment expenses and losses) for the period from and including the immediately preceding Transfer Date to but excluding such Transfer Date.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • Supplemental Interest Trust The corpus of a trust created pursuant to Section 5.07 of this Agreement and designated as the “Supplemental Interest Trust,” consisting of the Swap Agreement, the Swap Account, the Interest Rate Cap Agreement, the Interest Rate Cap Account, the right to receive the Class X Distributable Amount as provided in Section 5.02(f)(vi), the Class LT4-I interest in REMIC 4 and the right to receive Class I Shortfalls.

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Securitization Date means the effective date on which the Securitization of the first Note or portion thereof is consummated.

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • Investment Strategy is the processes and policies implemented by the Investment Manager for pursuing a particular investment objective managed by an Investment Team.