Credit Risk Management Agreement definition

Credit Risk Management Agreement. The respective agreements between the Credit Risk Manager and the Servicer and/or Master Servicer regarding the loss mitigation and advisory services to be provided by the Credit Risk Manager.

Credit Risk Management Agreement. Each credit risk management agreement dated as of the Closing Date, entered into by a Servicer and the Credit Risk Manager, identified on Exhibit M attached hereto. Credit Risk Manager: The Murrayhill Company, a Colorado corporation, and its successors and assigns.

Credit Risk Management Agreement. Each credit risk management agreement dated as of the Closing Date, entered into by a Servicer and the Credit Risk Manager, identified on Exhibit M attached hereto.

Examples of Credit Risk Management Agreement in a sentence

• The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement or the Credit Risk Management Agreement.

• Further, the Master Servicer shall not be liable for performance by any Servicer under any Credit Risk Management Agreement.

• In particular, the Master Servicer shall not be liable for any course of action taken by the Servicers with respect to loss mitigation of defaulted Mortgage Loans at the direction of the Credit Risk Manager or the Seller pursuant to any Credit Risk Management Agreement.

• Notwithstanding anything in this Agreement, any Servicing Agreement or any Credit Risk Management Agreement to the contrary, the Master Servicer shall have no duty or obligation to enforce any Credit Risk Management Agreement or to supervise, monitor or oversee the activities of any Servicer under its Credit Risk Management Agreement with respect to any action taken or not taken by a Servicer at the direction of the Seller or pursuant to a recommendation of the Credit Risk Manager.

• The Credit Risk Manager and any director, officer, employee or agent of the Credit Risk Manager may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder, and may rely in good faith upon the accuracy of information furnished by the Servicer pursuant to the Credit Risk Management Agreement in the performance of its duties thereunder and hereunder.

More Definitions of Credit Risk Management Agreement

Credit Risk Management Agreement. The agreement between the Credit Risk Manager and the Servicer and/or Master Servicer, dated as of August 30, 2006.

Credit Risk Management Agreement. The agreement, dated as of the Closing Date, between the Credit Risk Manager and the Servicer, regarding the loss mitigation and advisory services to be provided by the Credit Risk Manager.

Credit Risk Management Agreement. Either (i) any of the credit risk management agreements dated as of the Closing Date, entered into by the related Servicer and the Credit Risk Manager or (ii) the credit risk management agreement dated as of the Closing Date, entered into by the Master Servicer and the Credit Risk Manager, as applicable.

Credit Risk Management Agreement. Either of the agreements between a Servicer and the Credit Risk Manager dated as of August 27, 2002.

Credit Risk Management Agreement. Not applicable.

Credit Risk Management Agreement. The credit risk management agreement dated as of the Closing Date, entered into by the Servicer and the Credit Risk Manager, identified on Exhibit L attached hereto. Credit Risk Manager: Xxxxxxx Fixed Income Services Inc., a Colorado corporation, and its successors and assigns.

Credit Risk Management Agreement. The Credit Risk Management Agreement between the Master Servicer and the Credit Risk Manager dated March 30, 2004.