Event of Servicer Termination definition

Event of Servicer Termination. With respect to the Servicing Agreement, a Servicing Default as defined in Section 6.01 of the Servicing Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 8.01 of the Sale Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 9.02 of the Funding Agreement.

Examples of Event of Servicer Termination in a sentence

  • Notwithstanding the foregoing, so long as an Event of Servicer Termination has not occurred, any Sale of the Trust Estate shall be made subject to the continued servicing of the Mortgage Loans by the Master Servicer as provided in the Servicing Agreement.

  • Notwithstanding the foregoing, so long as an Event of Servicer Termination has not occurred, any Sale of the Trust Estate shall be made subject to the continued Servicing of the Mortgage Loans by the Master Servicer as provided in the Servicing Agreement.

  • Without limiting the foregoing, the Administrative Agent shall, upon the occurrence of any Event of Servicer Termination, have the right to name any Successor Servicer (including itself) pursuant to Article VIII of the Sale Agreement.

  • Any breach in any material respect by any Company of any of its representations and warranties contained in this Section 3 shall be a Termination Event and an Event of Servicer Termination for all purposes of the Securitization Agreements.

  • Upon any waiver of a past default, such default shall cease to exist and any Event of Servicer Termination arising therefrom shall be deemed to have been remedied for every purpose of this Agreement.


More Definitions of Event of Servicer Termination

Event of Servicer Termination. As defined in Section 7.01.
Event of Servicer Termination shall have the meaning assigned to it in Section 8.01 of the Transfer Agreement.
Event of Servicer Termination. With respect to the Master Servicing Agreement, an Event of Default as defined in Section 7.01 of the Master Servicing Agreement.
Event of Servicer Termination shall have the meaning assigned to it in Section 4.1 of the Servicing Agreement.
Event of Servicer Termination. Any one of the conditions or circumstances enumerated in Section 7.01(i)-(iv) of the Sale and Servicing Agreement.
Event of Servicer Termination. With respect to the Servicing Agreement, a Servicing Default as defined in Section 7.01 of the Servicing Agreement. Exchange Act: The Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder.
Event of Servicer Termination has the meaning specified in Section ----------------------------- 9.02 of the Purchase Agreement.