Existing Servicer definition

Existing Servicer means a Person (including the Receiver) acting as servicer for any Asset as of the Cut-Off Date.
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Existing Servicer shall have the meaning given in the Contribution Agreement. “Failed Banks” shall have the meaning given in the preamble.
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Existing Servicer has the meaning given in the Contribution Agreement. “Failed Bank” and “Failed Banks” have the meanings given in the recitals. “FDIC” has the meaning given in the preamble.
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Examples of Existing Servicer in a sentence

  • Amounts or balances related to the Mortgage Loans on deposit in Escrow Accounts held or controlled by the Initial Member or an Existing Servicer shall be transferred to the Company on the respective Servicing Transfer Date.


More Definitions of Existing Servicer

Existing Servicer means Tempus Resorts International, Ltd., a Florida corporation.
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Related to Existing Servicer

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Primary Servicer Prudential Asset Resources, Inc., or any successor thereto (as primary servicer) appointed as provided in the Primary Servicing Agreement.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.