Approved Bailee definition

Approved Bailee shall have the meaning assigned to such term in the Custodial Agreement.
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Approved Bailee means an Approved Takeout Investor or an Approved Bailee listed on Exhibit 11 hereto.
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Approved Bailee has the meaning set forth in the Custodial Agreement.
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Examples of Approved Bailee in a sentence

  • In addition, Custodian shall provide a Bailee Violation Letter to Buyer and the Approved Bailee in the event that Buyer notifies Custodian that any documents remain in the possession of an Approved Bailee for thirty days and the related Mortgage Loans have not been purchased by Approved Bailee prior to such date.

  • The Mortgage Files relating to the Committed Mortgage Loans included in a Request for Release shall be sent for delivery by Custodian to the applicable Approved Bailee specified by such Seller to Buyer and Custodian in writing by 5:00 p.m. (New York City time) on the Business Day following the Business Day on which the completed Request for Release is received by Custodian.

  • Custodian shall deliver such documents accompanied by a Bailee Letter (to be prepared by a Seller and sent to Buyer and Custodian for execution) to the Approved Bailee.

  • The Mortgage Files relating to the Committed Mortgage Loans included in a Request for Release shall be sent for delivery by Custodian to the applicable Approved Bailee specified by the Seller to Buyer and Custodian in writing by 5:00 p.m. (New York City time) on the Business Day following the Business Day on which the completed Request for Release is received by Custodian.

  • Custodian shall deliver such documents accompanied by a Bailee Letter (to be prepared by Seller and sent to Buyer and Custodian for execution) to the Approved Bailee.

  • Custodian shall not deliver any Mortgage File to any potential Approved Bailee unless such Approved Bailee was identified by a Seller to Buyer and Custodian on the Purchase Date in the Mortgage Loan Schedule or as otherwise agreed to in writing by Buyer (with a copy to Custodian) pursuant to the terms hereof.

  • Custodian shall not deliver any Mortgage File to any potential Approved Bailee unless such Approved Bailee was identified by the Seller to Buyer and Custodian on the Purchase Date in the Mortgage Loan Schedule or as otherwise agreed to in writing by Buyer (with a copy to Custodian) pursuant to the terms hereof.


More Definitions of Approved Bailee

Approved Bailee shall have the meaning set forth in the Custody Agreement.
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