Conduit Seller definition

Conduit Seller. Xxxxxxx Street Funding II, LLC, a Delaware limited liability company.
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Conduit Seller. CHEC Conduit Funding, LLC, a Delaware limited liability company.
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Conduit Seller. Auburn Funding, LLC, a Delaware limited liability company.
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Examples of Conduit Seller in a sentence

  • The Pooling and Servicing Agreement permits, with certain exceptions as therein provided, the amendment thereof and the modifications of rights and obligations of the parties provided therein by the Depositor, the Trustee, the Seller, the Conduit Seller and the Servicer at any time and from time to time, without the consent of the Owners; provided that in certain other circumstances provided for in the Pooling and Servicing Agreement such consent of the Owners will be required prior to amendments.

  • In the event that any such conveyance is deemed to be a loan, the parties intend that each of the Seller and the Conduit Seller shall be deemed to have granted to the Depositor and the Depositor shall be deemed to have granted to the Trustee a security interest in the Trust Estate, and that this Agreement shall constitute a security agreement under applicable law.

  • This Certificate does not represent a deposit or other obligation of, or an interest in, nor are the underlying Home Equity Loans insured or guaranteed by, CHEC Funding, LLC, [ Conduit Seller ] or Centex Home Equity Company, LLC or any of their Affiliates.

  • The Trust has been created pursuant to a Pooling and Servicing Agreement (the "Agreement"), dated as of March 1, 2002, among the Depositor, CIT Consumer Finance, as Seller and Master Servicer, the Conduit Seller and JPMorgan Chase Bank, as Trustee of the Trust (the "Trustee").

  • Xxxxxxxxxx Tel: (000) 000-0000 Fax: (000) 000-0000 The Conduit Seller: Xxxxxxx Street Funding II, LLC 0000 Xxxxx Xxxxxxx Xxxxxx, Texas 75201 Attention: Xxxxxxx X.

  • Xxxxxxxx Title: Vice President XXXXXXX STREET FUNDING II, LLC, as Conduit Seller By: CENTEX HOME EQUITY COMPANY, LLC, as Manager By: /s/ Xxxxxxx X.

  • The Pooling and Servicing Agreement permits, with certain exceptions as therein provided, the amendment thereof and the modifications of rights and obligations of the parties provided therein by the Depositor, the Trustee, the Seller, the Conduit Seller and the Servicer at any time and from time to time, without the consent of the Owners; provided, that in certain other circumstances provided for in the Pooling and Servicing Agreement such consent of the Owners will be required prior to amendment.

  • Notices to the Mortgage Loan Seller shall be directed to EMC Mortgage Corporation, 0000 Xxxx Xxxxx Xxxxx, Xxxxxxxxxx, Xxxxx 00000 (Telecopy: (000) 000-0000), Attention: Conduit Seller Approval; and notices to the Purchaser shall be directed to Structured Asset Mortgage Investments II Inc., 000 Xxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000 (Telecopy: (000) 000-0000), Attention: Xxxxx Xxxxxxxxxxx; or to any other address as may hereafter be furnished by one party to the other party by like notice.

  • Xxxxxxxx Title: Vice President CHEC CONDUIT FUNDING, LLC as Conduit Seller By: /s/ Xxxxxxx X.

  • Prior to the transfer of the Mortgage Loan by the Seller or the Conduit Seller to the Depositor and by the Depositor to the Trust, the Seller or the Conduit Seller, respectively, had good and marketable title thereto free and clear of any encumbrance, equity, loan, pledge, charge, claim or security interest and was the sole owner thereof with full right to transfer the Mortgage Loan to the Depositor or the Trust, respectively.


More Definitions of Conduit Seller

Conduit Seller means CFHE Funding Company LLC, a Delaware limited liability company.
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Conduit Seller. Each of Freedom Mortgage Corporation, People’s Choice Home Loan, Inc., Lime Financial Services, LTD. and Lender’s Direct Capital Corporation.
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Conduit Seller means [CONDUIT SELLER], a ____________________ company.]
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Conduit Seller. Harwood Street Funding II, LLC, a Delaware limited liability coxxxxx.
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Related to Conduit Seller

  • Conduit Purchaser means each commercial paper conduit that is or becomes a party to this Agreement in the capacity of a “Conduit Purchaser”.

  • Purchaser Group means, at any time, the group of companies comprised of the Purchasers, the Guarantor and the Guarantor’s subsidiaries at that time.

  • CP Conduit means any limited-purpose entity established to use the direct or indirect proceeds of the issuance of Commercial Paper Notes to finance financial assets.

  • Conduit Assignee means any multi-seller commercial paper conduit or special purpose entity funded by a multi-seller commercial paper conduit which is, in either case, administered by a common manager or an Affiliate of a CP Conduit, or the collateral trustee of such entity.

  • Conduit Lender any special purpose corporation organized and administered by any Lender for the purpose of making Loans otherwise required to be made by such Lender and designated by such Lender in a written instrument; provided, that the designation by any Lender of a Conduit Lender shall not relieve the designating Lender of any of its obligations to fund a Loan under this Agreement if, for any reason, its Conduit Lender fails to fund any such Loan, and the designating Lender (and not the Conduit Lender) shall have the sole right and responsibility to deliver all consents and waivers required or requested under this Agreement with respect to its Conduit Lender, and provided, further, that no Conduit Lender shall (a) be entitled to receive any greater amount pursuant to Section 2.18, 2.19, 2.20 or 10.5 than the designating Lender would have been entitled to receive in respect of the extensions of credit made by such Conduit Lender or (b) be deemed to have any Commitment.

  • GMAC GMAC Mortgage Corporation, or its successor in interest.

  • Originator means the sender of the first payment order in a funds transfer.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • the Seller means the person so described in the Order;

  • Mortgage Loan Seller Each of CREFI, GACC and JPMCB, and their respective successors in interest.

  • Mortgage loan originator means any institution which originated a Mortgage Loan for a related Borrower.

  • Servicer Affiliate A Person (i) controlling, controlled by or under common control with the Servicer or which is 50% or more owned by the Servicer and (ii) which is qualified to service residential mortgage loans.

  • Purchaser Affiliate means any affiliate of the Purchaser, including a transferee who is an affiliate of the Purchaser, and any person who controls the Purchaser or any affiliate of the Purchaser within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act; and

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Conduit Credit Enhancer shall have the meaning assigned to such term in Section 14(d).

  • Loan originator The entity that closes a Mortgage Loan in its own name.

  • Originators have the meaning set forth in the Purchase and Sale Agreement, as the same may be modified from time to time by adding new Originators or removing Originators, in each case with the prior written consent of the Administrative Agent.

  • Conduit shall have the meaning assigned to such term in Section 14(d).

  • Mortgage Loan Group Either Group I or Group II.

  • Countrywide Mortgage Loans The Mortgage Loans identified as such on the Mortgage Loan Schedule for which Countrywide is the applicable Seller.

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

  • Committed Purchaser means each Person listed as such on the signature pages of this Agreement or in any Assumption Agreement or Transfer Supplement.

  • CP means SFMTA Contracts and Procurement.

  • Program Support Provider means and includes with respect to each Conduit Purchaser any Liquidity Provider and any other Person (other than any customer of such Conduit Purchaser) now or hereafter extending credit or having a commitment to extend credit to or for the account of, or to make purchases from, such Conduit Purchaser pursuant to any Program Support Agreement.

  • Liquidity Bank means the Person or Persons who provide liquidity support to any Conduit Lender pursuant to a Liquidity Agreement in connection with the issuance by such Conduit Lender of Commercial Paper Notes.

  • Loan Seller With respect to any Mortgage Loan, the entity that sold such Mortgage Loan to the Transferor.