Advance Receivable definition

Advance Receivable. Any of a Corporate Advance Receivable, Escrow Advance Receivable or P&I Advance Receivable.
View Source
Advance Receivable. Any of a Delinquency Advance Receivable, Delinquent MBS Mortgage Repurchase Advance Receivable, Escrow Advance Receivable or Corporate Advance Receivable.
View Source
Advance Receivable. Any of a Delinquency Advance Receivable, Escrow Advance Receivable or Corporate Advance Receivable.
View Source

Examples of Advance Receivable in a sentence

  • A Corporate Advance Receivable in respect of a Non-Judicial Corporate Advance.

  • Seller has not received any notice from a master servicer, securities administrator, trustee, Insurer, Investor or any other Person, which disputes or denies a claim by Seller for reimbursement in connection with any such Servicing Advance Receivable.

  • Until the related Servicing Transfer Date, Seller shall, automatically and without any further action on its part, sell, assign, transfer and convey to Holdings, on each Business Day, each Additional Servicing Advance Receivable not previously transferred to Holdings and Holdings shall purchase each such Additional Servicing Advance Receivable.

  • A Corporate Advance Receivable in respect of a Non‑Judicial Corporate Advance.

  • A P&I Advance Receivable in respect of a Non Judicial P&I Advance.

  • Until the related Servicing Transfer Date, Seller shall, automatically and without any further action on its part, sell, assign, transfer and convey to Purchaser, on each Business Day, each Additional Servicing Advance Receivable not previously transferred to Purchaser and Purchaser shall, automatically and without further action on its part, purchase each such Additional Servicing Advance Receivable.

  • Seller has not received any notice from a master servicer, securities administrator, trustee, Insurer, Investor or any other Person, which disputes or denies a claim by Seller for reimbursement or payment in connection with any such Servicing Advance Receivable.

  • Until the related Servicing Transfer Date, Seller shall, automatically and without any further action on its part, sell, assign, transfer and convey to Purchaser, on each Business Day, each Additional Servicing Advance Receivable not previously transferred to Purchaser and Purchaser shall purchase each such Additional Servicing Advance Receivable.

  • A P&I Advance Receivable in respect of a Non-Judicial P&I Advance.

  • No SPIA Advance Receivable Advance Rate Reduction Event, Servicer Termination Event, Event of Default or Funding Interruption Event shall then be occurring.