GreenPoint Bank definition

GreenPoint Bank. GreenPoint Bank, a New York state-chartered savings bank, and its successors and assigns.
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GreenPoint Bank means GreenPoint Bank, a New York chartered savings bank and a subsidiary of the Company headquartered in New York, New York.
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GreenPoint Bank has the meaning set forth in the Recitals to this Plan.
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Examples of GreenPoint Bank in a sentence

  • The Indenture Trustee shall use its best efforts to give GreenPoint Bank notice of any draw to be made under the Demand Note at least one Business Day prior to the related Payment Date.

  • If the Contract Seller or the Servicer receives actual notice or knowledge that GreenPoint Bank, the parent of the Contract Seller, is no longer assigned a long-term senior debt rating from Xxxxx'x of Baa3 or higher, of BBB- or higher from S&P, the Servicer shall promptly provide notice to the Trustee that GreenPoint Bank no longer has such rating.

  • The home office of the GreenPoint Bank ("SAVINGS BANK") is 807 Manhattan Avenue, Brooklyn, New York.

  • On each Payment Date, the Indenture Trustee shall demand payment from GreenPoint Bank under the Demand Note of the Demand Note Draw Amount (as defined below) payable thereunder and deposit such amount into the Collection Account.

  • The Company acquired 100% of the outstanding capital stock of GreenPoint Bank (the "Bank"), a New York State chartered savings bank, upon its conversion from the mutual to the capital stock form of ownership on January 28, 1994.

  • Notwithstanding the foregoing, so long as the long-term senior debt rating of GreenPoint Bank remains at least BBB- and Baa3 by S&P and Xxxxx'x, respectively, and no Servicer Termination Event has occurred, each quarterly term of the Servicer shall be deemed to be automatically renewed and no Servicer Extension Notice shall be required to effectuate such automatic renewal.

  • Prior to WNS, he was the chief executive officer for the retail banking division at GreenPoint Bank and has held senior positions at American Express, Shearson and Natwest.

  • In fulfillment of such a demand by the Indenture Trustee, GreenPoint Bank will deposit a Demand Note Reserve Account Deposit Amount in an amount equal to the amount demanded by the Indenture Trustee into a reserve account (the "DEMAND NOTE RESERVE ACCOUNT").

  • Any such draw will be made first, from any cash amount on deposit in the Demand Reserve Account and second, if the amount of cash on deposit is insufficient to fully fund the draw, the Indenture Trustee will liquidate up to the entire amount of other collateral on deposit in the Demand Note Reserve Account, as instructed by GreenPoint Bank, in an amount sufficient to generate cash to fund the remainder of the draw.

  • At the Effective time, the Board of Directors of GreenPoint Bank shall consist of such persons as shall be reasonably agreed to by GreenPoint and North Fork.

Related to GreenPoint Bank

  • GreenPoint Servicing Agreement Solely with respect to the GreenPoint Mortgage Loans, the Master Loan Purchase and Servicing Agreement, dated as of March 1, 2003, between the Transferor, as purchaser, and GreenPoint, as seller and as servicer, and as the same may be amended further from time to time, and any assignments and conveyances related to the GreenPoint Mortgage Loans.

  • GreenPoint Mortgage Loans The Mortgage Loans for which GreenPoint is listed as "Servicer" on the Mortgage Loan Schedule.

  • HSBC means HSBC Bank USA, National Association.

  • MLCC Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.

  • Pledged Asset Mortgage Servicing Agreement The Pledged Asset Mortgage Servicing Agreement, dated as of February 28, 1996 between MLCC and the Master Servicer. Pooling and Servicing Agreement or Agreement: With respect to any Series, this Standard Terms together with the related Series Supplement.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • GS Bank shall have the meaning assigned to such term in the preamble to this Agreement.

  • GMAC GMAC Mortgage Corporation, or its successor in interest.

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • CIBC means Canadian Imperial Bank of Commerce.

  • Wells Fargo means Wells Fargo Bank, National Association.

  • MSBNA shall have the meaning assigned to such term in the preamble to this Agreement.

  • Mortgage Documents With respect to each Mortgage Loan, the mortgage documents required to be delivered to the Custodian pursuant to each Custodial Agreement.

  • L/C Bank means the Original L/C Bank and any other Lender which has been appointed as an L/C Bank in accordance with Clause 5.11 (Appointment and Change of L/C Bank) and which has not resigned in accordance with paragraph (c) of Clause 5.11 (Appointment and Change of L/C Bank).

  • Bank of America Fee Letter means the letter agreement, dated as of September 28, 2018 between the Borrower and Bank of America.

  • PHH means PHH Corporation, a Maryland corporation.

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.

  • banking institution means a bank, bank and trust company, trust company, savings bank, private bank, or a national banking association, organized and doing business under the provisions of any law of this state, or of any other state of the United States, or under the provisions of any law of the United States of America.