Approved Subservicer definition

Approved Subservicer means a subservicer acceptable to Agent with whom Borrower has entered into a subservicing agreement acceptable to Agent.
Approved Subservicer means any subservicer approved in writing by Buyer (such approval not to be unreasonably withheld, conditioned or delayed).
Approved Subservicer means any subservicer approved in writing by Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed) and any Interim Servicer (as defined in the Base Indenture).

More Definitions of Approved Subservicer

Approved Subservicer means (i) the Diamond Subservicer and (ii) any other Person to which the Servicer has delegated all or substantially all of its servicing activities with respect to any Pledged Timeshare Loan under the Servicing Agreement to and approved in writing by the Administrative Agent.
Approved Subservicer means Cenlar and any other subservicer approved in writing by the Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed).
Approved Subservicer means each subservicer approved by Freddie Mac, in its sole discretion, with respect to the Freddie Mac Mortgage Loans serviced by Xxxxxxxx, as servicer, for Freddie Mac under the Freddie Mac Servicing Contract. For purposes of clarity, the Lender has no approval rights relating to a determination that a subservicer is an Approved Subservicer or Freddie Mac’s requiring Borrower to engage an Approved Subservicer; provided, that if such Approved Subservicer has entered into a subservicer side letter in form and substance reasonably acceptable to Lender and acceptable to Freddie Mac, the Freddie Mac Servicing Contract Rights will be considered as Eligible Servicing Rights.
Approved Subservicer means any subservicer approved in writing by Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed) and any Interim Servicer (as defined in the Base Indenture). On the Closing Date, PennyMac Loan Services, LLC shall be considered an Approved Subservicer.
Approved Subservicer means Cenlar FSB, Nationstar Mortgage LLC, d/b/a Xx. Xxxxxx and any other subservicer approved in writing by the Administrative Agent (such approval not to be unreasonably withheld, conditioned or delayed).
Approved Subservicer means each subservicer approved by Xxxxxxx Xxx, in its sole discretion, with respect to the Xxxxxxx Xxx Mortgage Loans serviced by Xxxxxxxx, as servicer, for Xxxxxxx Xxx under the Xxxxxxx Xxx Servicing Contract. For purposes of clarity, the Lender has no approval rights relating to a determination that a subservicer is an Approved Subservicer or Xxxxxxx Xxx’s requiring Borrower to engage an Approved Subservicer; provided, that if such Approved Subservicer has entered into a subservicer side letter in form and substance reasonably acceptable to Lender and acceptable to Xxxxxxx Xxx, the Xxxxxxx Xxx Servicing Contract Rights will be considered as Eligible Servicing Rights.

Related to Approved Subservicer

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Back-Up Servicer means, initially, Xxxxx Fargo Bank, National Association, and at any other time, the Person then acting as “Back-up Servicer” pursuant to and in accordance with the Back-up Servicing Agreement.

  • Replacement Servicer has the meaning assigned to that term in Section 6.01(c).

  • Primary Servicer Prudential Asset Resources, Inc., or any successor thereto (as primary servicer) appointed as provided in the Primary Servicing Agreement.

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • Third Party Servicer means any servicer appointed from time to time by the Assuming Institution or any Affiliate of the Assuming Institution to service the Shared-Loss Loans on behalf of the Assuming Institution, the identity of which shall be given to the Receiver prior to or concurrent with the appointment thereof.