Document Transfer Event definition

Document Transfer Event. As defined in the Pooling and Servicing Agreement.
Document Transfer Event. The day on which (i) Xxxxx Fargo Bank, N.A. or any successor thereto is no longer the servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of Xxxxx Fargo & Company is less than “BBB-” by Fitch or (iii) any Rating Agency requires the Servicer to deliver the Retained Mortgage Files to the Custodian.
Document Transfer Event. The 60th day following the day on which either (i) Wells Fargo Bank is no longer the Servicer of any of the Mortgage Loans xx (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.

Examples of Document Transfer Event in a sentence

  • The Depositor shall give written notice to the Custodian within 10 business days of the occurrence of a Document Transfer Event.

  • The Master Servicer shall monitor the rating of Wells Fargo & Company and upon the occurrence of a Document Transfer Xxxxx relating to such rating, shall promptly notify the Depositor, Trustee and Custodian of the occurrence of such Document Transfer Event.

  • The Seller shall give written notice to the Custodian within 10 business days of the occurrence of a Document Transfer Event.

  • Custody of Mortgage Loan Documents:The Seller will hold custody of the underlying Mortgage Loan Documents on behalf of the Trustee from the Issue Date until a Document Transfer Event occurs (or the Seller resigns as custodian).

  • The Trustee and the Manager must promptly notify the Rating Agencies of the occurrence of any Trustee Default, Manager Default, Servicer Default, Perfection of Title Event or Document Transfer Event of which they are aware.


More Definitions of Document Transfer Event

Document Transfer Event. The occurrence of either of the following: (i) Wells Fargo Bank is no longer the Servicer of any of the Mortgage Loaxx xx (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.
Document Transfer Event. The 60th day following the day on which either (i) WFHM is no longer the Servicer of any of the Mortgage Loans or (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch.
Document Transfer Event. Not applicable.
Document Transfer Event means each of the events referred to in clause 25.11.
Document Transfer Event. The 60th day following the day on which either (i) Xxxxx Fargo is no longer the Servicer of any of the Mortgage Loans purchased by the Sponsor from Xxxxx Fargo Bank, N.A. or (ii) the senior, unsecured long-term debt rating of Xxxxx Fargo & Company is less than "BBB-" by Fitch Ratings.
Document Transfer Event. The day on which (i) [ ] or any successor thereto is no longer a Servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of [ ] is less than “BBB-” by Fitch or (iii) any Rating Agency requires such Servicer to deliver the Retained Mortgage Files to the Custodian.
Document Transfer Event. The day on which either (i) Wells Fargo Home Mortgage, Inc. or any successor thereto is no longer xxx servicer of any of the Mortgage Loans, (ii) the senior, unsecured long-term debt rating of Wells Fargo & Company is less than "BBB-" by Fitch or (iii) any Ratinx Xxxncy requires the Servicer to deliver the Retained Mortgage Files to the Custodian.