Collateral Servicer definition

Collateral Servicer has the meaning specified in the Collateral Agency Agreement.
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Collateral Servicer means Corporation Service Company or such other third party collateral servicer or subagent acceptable to Agent.
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Collateral Servicer means NewStar Financial, Inc. or any successor in such capacity in accordance with the Collateral Servicing Agreement.
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Examples of Collateral Servicer in a sentence

  • The Purchaser shall execute such notice if requested by the Additional Collateral Servicer.

  • If a Required Surety Payment is payable pursuant to the Limited Purpose Surety Bond with respect to any Additional Collateral Mortgage Loans, as determined by the Master Servicer and the Additional Collateral Servicer, the Master Servicer shall so notify the Trustee as soon as reasonably practicable and the Trustee shall promptly complete the notice in the form of Attachment 1 to the Limited Purpose Surety Bond and shall promptly submit such notice to the surety as a claim for a Required Surety Payment.

  • The Additional Collateral Servicer shall promptly complete the notice in the form of Attachment 1 to the Surety Bond and shall promptly submit such notice to the Surety Bond Issuer as a claim for a required surety.

  • For purposes of this definition, the Parent Power(R) Guaranty Agreement For Real Estate shall not include the rights of the mortgagee under the Equity Access(R) Agreement referred to therein and under the Equity Access(R) Mortgage, which rights have been retained by the Additional Collateral Servicer.

  • The Trustee hereby agrees to cooperate with the Additional Collateral Servicer in taking all necessary action to realize on the Surety Bond, including, without limitation, executing any documents or notices prepared by the Additional Collateral Servicer, necessary to collect any Required Surety Payment.

  • If the Additional Collateral Servicer informs the Trustee that a Required Surety Payment is payable pursuant to the Surety Bond, with respect to any Additional Collateral Mortgage Loan, the Trustee shall promptly complete the notice in the form of Attachment 1 to the Surety Bond and shall return such notice to the Additional Collateral Servicer for submission to the Surety Bond Issuer.

  • The Trustee shall incur no liability in connection with the presentment of any notices or claims on the Surety Bond made by it at the direction of the Additional Collateral Servicer.

  • By: GSO/BLACKSTONE Debt Funds Management LLC as Collateral Servicer By: /s/ Xxxxxx X.

  • The parties hereto agree that Hertz, as Collateral Servicer under the Collateral Agency Agreement, will perform all activities set forth in subsections (i) and (ii) above on behalf of the Nominee.

  • By: Babson Capital Management LLC as Collateral Servicer By: /s/ Xxxxxx X.


More Definitions of Collateral Servicer

Collateral Servicer has the meaning set forth in Section 3.1.
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Collateral Servicer means Iron Mountain Information Management, Inc., or such other custodian as Agent may select in its sole discretion.
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Related to Collateral Servicer

  • 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.

  • 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.