Direction Notice means a public document that is not legislative in character and performs any of the functions ascribed to it in these Regulations;

Direction Notice has the meaning given to that term in Section 2.04 of this Agreement.

Examples of Direction Notice in a sentence

Upon receipt of a Direction Notice, Buyer shall have the right to terminate the Servicer’s rights and obligations to service the Mortgage Loans under the Servicing Agreement in accordance with the terms thereof.
The Company shall send to each other person appearing to be interested in the shares the subject of any Direction Notice a copy of the notice, but failure or omission by the Company to do so shall not invalidate such notice.
Any fees due to the Servicer (a) in connection with any termination shall be paid by Seller and (b) incurred following receipt of a Direction Notice shall be paid by Buyer to the extent that such fees relate to the Mortgage Loans that are subject to the Servicing Agreement.
PS19 Section 214 Planning and Development Act The Chief Executive Officer be delegated authority to issue a Direction Notice under Section 214 of the Planning and Development Act 2005.
Any fees due to the Servicer (a) in connection with any termination shall be paid by Guarantor and Seller, jointly and severally, and (b) incurred following receipt of a Direction Notice shall be paid by Buyer to the extent that such fees relate to the Mortgage Loans that are subject to the Servicing Agreement.

More Definitions of Direction Notice

Direction Notice has the meaning specified in Section 6.03.

Direction Notice means, in respect of any matter which is not the subject of a STID Proposal, a SSA Instruction Notice, an Emergency SSA Instruction Notice, an Intercreditor Instruction Notice, an Enforcement Instruction Notice, a Further Enforcement Instruction Notice or a BSC Instruction Notice, a request made by the Borrower Security Trustee for an instruction from the Qualifying Borrower Secured Creditors as to whether the Borrower Security Trustee should agree to a consent, waiver or modification or exercise a right or discretion pursuant to the Transaction Documents and the manner in which it should do so.

Direction Notice means a notice from the Company delivered to the Deposit Agent directing the Deposit Agent to purchase Common Stock from the Company to distribute to holders of Preferred Stock.

Direction Notice shall have the meaning set forth in Section 9.2 hereof.