Custodial Documents definition

Custodial Documents shall have the meaning given in the Custodial and Paying Agency Agreement.

Custodial Documents means all of the data and documents, including any replacements thereof or updates thereto, delivered by or on behalf of the Issuer or the Guarantor LP to the Custodian pursuant to the terms of the Transaction Documents or the requirements set out in the Guide;

Custodial Documents has the meaning given in the Custodial Agreement.

Examples of Custodial Documents in a sentence

• Pursuant to the terms and conditions of the Reimbursement, Security and Guaranty Agreement, the Company has pledged all of its rights, title and interest in and to the Loans, the Acquired Property and the Custodial Documents to the Collateral Agent for the benefit of the Purchase Money Notes Guarantor and the other Secured Parties (as defined in the Reimbursement, Security and Guaranty Agreement) as security for certain obligations of the Company under the Purchase Money Notes Guaranty.

• As soon as practical after the date hereof, the Company shall deliver or cause to be delivered the Custodial Documents to the Custodian at the office of the Custodian at Xxxxx Fargo Document and Custody, 0000 00xx Xxxxxx, XX, Xxxxxxxxxxx, Xxxxxxxxx 00000, Attention: (the “Office”).

• All such insurance shall be in amounts, with standard coverage and subject to deductibles, as are customary for insurance typically maintained by financial institutions which act as paying agent and as custodian of collateral substantially similar to the Custodial Documents.

• Accordingly, notwithstanding anything to the contrary contained in this Agreement, the Custodian acknowledges and agrees that it holds possession of the Notes and the other Custodial Documents for the Collateral Agent’s benefit pursuant to Section 9-313(c) of the Uniform Commercial Code, and the Custodian shall mark its records to reflect the pledge of the Loans, the Acquired Property and the Custodial Documents by the Company to the Collateral Agent.

• The Company agrees that it shall deliver or cause to be delivered to the Custodian (i) any and all additional Custodial Documents with respect to a Loan that is not Acquired Property within ten (10) days following the execution and delivery of any such instrument and (ii) any and all Custodial Documents with respect to any Acquired Property within ten (10) days following receipt of any such instrument.

More Definitions of Custodial Documents

Custodial Documents shall have the meaning given in the Custodial Agreement. “Cut-Off Date” shall mean as of the close of business on November 30, 2008.

Custodial Documents means the documents listed in Section 6.1(c).

Custodial Documents has the meaning given in the Participation Agreement. “Cut-Off Date” means as of the close of business on November 30, 2008. “Deficiency Balance” means the remaining unpaid principal balance of any Note purchased hereunder after crediting to it the proceeds of a foreclosure sale.

Custodial Documents will mean) the following:

Custodial Documents has the meaning given in the Custodial Agreement. “Defect” means the failure of any Asset-Level Statement to be true as of the Closing Date.

Custodial Documents means, with respect to an Asset, the original note, Mortgage or other security agreement and other original documents relating to an Asset that are held by a Custodian.

Custodial Documents has the meaning set forth in Section 14.2(a)(i).