Advance Financing Person definition

Advance Financing Person. As defined in Section 3.25(a).

Advance Financing Person. As defined in Section 5.01(b)(i).

Advance Financing Person. As defined in Section 10.14(a).

Examples of Advance Financing Person in a sentence

An Advance Facility may be terminated by the joint written direction of the Servicer and the related Advance Financing Person.
No consent of the Trustee, Certificateholders or any other party shall be required before the Servicer may enter into an Advance Facility nor shall the Trustee or the Certificateholders be a third party beneficiary of any obligation of an Advance Financing Person to the Servicer.
Without limiting the generality of the foregoing, the Servicer shall remain entitled to be reimbursed by the Advance Financing Person for all Advances and/or Servicing Advances funded by the Servicer to the extent the related Advance Reimbursement Amounts have not been assigned or pledged to such Advance Financing Person or Servicer's Assignee.
In the event the Servicer's Assignee shall have received some or all of an Advance Reimbursement Amount related to Advances and/or Servicing Advances that were made by a Person other than such predecessor Servicer or its related Advance Financing Person in error, then such Servicer's Assignee shall be required to remit any portion of such Advance Reimbursement Amount to each Person entitled to such portion of such Advance Reimbursement Amount.
The Servicer shall maintain and provide to any successor Servicer and, upon request, the Trustee a detailed accounting on a loan-by-loan basis as to amounts advanced by, pledged or assigned to, and reimbursed to any Advance Financing Person.

Advance Financing Person. The Person to whom the Servicer's rights under this Agreement to be reimbursed for any P&I Advances or Servicing Advances have been assigned pursuant to Section 10.07.

Advance Financing Person has the meaning specified in the definition of “Eligible Servicing Agreement.”

Advance Financing Person has the meaning given in Section 5.14(a).

Advance Financing Person has the meaning set forth in the definition of “Eligible Securitization Transaction”.

Advance Financing Person. A Person to whom either Servicer's rights under this Agreement to be reimbursed for any Advances or Servicing Advances have been assigned pursuant to Section 13.08(ii).

Advance Financing Person. A Person to whom Wilshire's rights under this Agreement to be reimbursed for any Advances or Servicing Advances have been assigned pursuant to Section 13.08(ii).

Advance Financing Person shall have the meaning specified in the related REMIC Pooling Agreement.