Enforcing Party. In connection with any Repurchase Request, (i) in the event one or more Requesting Certificateholders or Consultation Requesting Certificateholders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Requesting Certificateholder(s) and/or Consultation Requesting Certificateholder(s), or (ii) in all other cases, the Enforcing Servicer.
Enforcing Party. In connection with any Repurchase Request, (i) in the event one or more Dispute Resolution Requesting Holders has delivered a Final Dispute Resolution Election Notice with respect thereto pursuant to Section 2.03(g) of this Agreement, with respect to the mediation or arbitration that arises out of such Final Dispute Resolution Election Notice, such Dispute Resolution Requesting Holder(s), or (ii) in all other cases, the Enforcing Servicer.
Enforcing Party has the meaning set forth in Section 9.3.2.
Examples of Enforcing Party in a sentence
SFV agrees that if a Termination Event occurs, LTES Operator’s rights, and SFV’s obligations, under the LTESA and the PDA are not, and will not be, affected while Security Trustee or any other Enforcing Party is able to or is exercising any right, power or remedy (including those described in this clause 4 or in connection with any Security) in connection with that Termination Event.
The parties agree that Security Trustee, or any other Enforcing Party, may but need not, take steps to cure, or procure the cure of, a Termination Event or (where relevant) prevent the occurrence of a Termination Event.
More Definitions of Enforcing Party
Enforcing Party has the meaning set forth in Section 6(b).
Enforcing Party has the meaning set forth in Section 4.3.3 (Progress Reports; Participation).
Enforcing Party. The person obligated to or that elects pursuant to Section 2.03 to enforce the rights of the Trust against the related Mortgage Loan Seller with respect to the Repurchase Request.
Enforcing Party shall have the meaning set forth in Section 4.3.3 (Cooperation with Respect to Enforcement).
Enforcing Party has the meaning set forth in Section 4.4.3.
Enforcing Party shall have the meaning set forth in Section 7.3(b).
Enforcing Party has the meaning set forth in Section 7.5(iv).