Designated Servicing Agreements definition

Designated Servicing Agreements. Each of the ABN AMRO Servicing Agreement, the Chevy Chase Servicing Agreement, the Countrywide Servicing Agreement, the Fifth Third Servicing Agreement, the First Horizon Servicing Agreement, the GMAC Servicing Agreement, the Hemisphere Servicing Agreement, the IndyMac Servicing Agreement, the National City Servicing Agreement, the PHH Servicing Agreement, the SunTrust Servicing Agreement and the Wachovia Servicing Agreement, as applicable.

Designated Servicing Agreements. As defined in the Recitals.

Designated Servicing Agreements. Each of the servicing agreements, attached hereto as Schedule V, under which the Designated Mortgage Loans are serviced.

Examples of Designated Servicing Agreements in a sentence

• Such enforcement, including, without limitation, the legal prosecution of claims, termination of Designated Servicing Agreements and the pursuit of other appropriate remedies, shall be in such form and carried out to such an extent and at such time as the Master Servicer, in its good faith business judgment, would require were it the owner of the related Mortgage Loans.

• The Administrator represents and warrants, as of the date hereof and as of the date any new Servicing Agreement is added as a Designated Servicing Agreement, that Schedule 1, as it may be updated by the Administrator from time to time and delivered to the Indenture Trustee, is a true, complete and accurate list of all Designated Servicing Agreements.

• The Depositor, both prior to and after giving effect to each sale and/or contribution of Receivables with respect to the Designated Servicing Agreements on each Sale Date, (1) is not, and will not be, “insolvent” (as such term is defined in § 101(32)(A) of the Bankruptcy Code), (2) is, and will be, able to pay its debts as they become due, and (3) does not have unreasonably small capital for the business in which it is engaged or for any business or transaction in which it is about to engage.

• The Trustee shall not be personally liable for the payment of any indebtedness or expenses of the Trust Fund or be liable for the breach or failure of any obligation, representation, warranty or covenant made or undertaken by the Trustee on behalf of the Trust Fund under the Designated Servicing Agreements or any other related documents, as to all of which recourse shall be had solely to the assets of the Trust Fund in accordance with the terms of this Agreement.

• The Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this Indenture.

More Definitions of Designated Servicing Agreements

Designated Servicing Agreements. Each of the Chevy Chase Servicing Agreement, the Countrywide Servicing Agreement, the Homebanc Servicing Agreement, the IndyMac Servicing Agreement and the TB&W Servicing Agreement, as applicable.

Designated Servicing Agreements. Each of the Countrywide Servicing Agreement, the IndyMac Servicing Agreement, the SunTrust Servicing Agreement and the WaMu Servicing Agreement, as applicable.

Designated Servicing Agreements. Each of the Chevy Chase Servicing Agreement, the Countrywide Servicing Agreement, the Fifth Third Servicing Agreement, the Hemisphere Servicing Agreement, the SunTrust Servicing Agreement, the Wachovia Servicing Agreement and the WaMu Servicing Agreement, as applicable.

Designated Servicing Agreements. Each of the servicing agreements under which the Designated Mortgage Loans are serviced.

Designated Servicing Agreements. Each of the SunTrust Reconstituted Servicing Agreement, the Countrywide Reconstituted Servicing Agreement, the National City Reconstituted Servicing Agreement, the IndyMac Reconstituted Servicing Agreement and the HSBC Reconstituted Servicing Agreement.

Designated Servicing Agreements. Each of the National City Servicing Agreement and the Nexstar Servicing Agreement, as applicable.

Designated Servicing Agreements. Each of the Chase Servicing Agreement, the CitiMortgage Servicing Agreement, the Countrywide Servicing Agreement, the GMACM Servicing Agreement, the HSBC Servicing Agreement, the National City Servicing Agreement, the U.S. Central Servicing Agreement, the Wachovia Servicing Agreement and the WMB Servicing Agreement, as applicable.