Interim Servicer Representative definition

Interim Servicer Representative has the meaning set forth in Section 4.13(a).
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Interim Servicer Representative. HSBC Finance Corporation.
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Examples of Interim Servicer Representative in a sentence

  • HSBC Finance Corporation hereby accepts its appointment as Interim Servicer Representative and agrees to perform all of the duties of Interim Servicer Representative hereunder.

  • For a period of nine months following the 90 day period referred to above, Bank and Interim Servicer Representative on behalf of Interim Servicers shall endeavor to forward on a weekly basis any written communication received by Bank or an Interim Servicer relating to or with respect to any Serviced Loan at Owner’s sole cost and expense.

  • For a period of 90 days following the Servicing Transfer Date, Bank and Interim Servicer Representative on behalf of any Interim Servicer shall deliver a copy of any written communication received by Bank or an Interim Servicer, respectively, relating to or with respect to any Serviced Loan that is material to Owner’s or its designee’s ability to service such Serviced Loan within 10 Business Days after receipt thereof.

  • Graduation of Learners– When a Learner passes the National Examination, the Institute shall then offer trainings and seminars to further enhance their skills to prepare them working in the industry.

  • All payments made to Interim Servicer Representative under this Agreement shall be for the benefit of Interim Servicers and shall be paid by Interim Servicer Representative to the applicable Interim Servicers promptly after receipt of such payment by Interim Servicer Representative.

  • As promptly as practicable after the Closing Date, Interim Servicer Representative, Bank and Owner shall consult in good faith, and agree upon, the appropriate language to be included in any such release of the ISA Released Parties.

  • Owner shall be entitled to treat as genuine, and as the document it purports to be, any letter, paper or other document provided to it by or on behalf of Interim Servicer Representative, and reasonably believed by Owner to be genuine and to have been signed and presented by the proper Person or Persons.

  • Xxxxxxxxx Title: Senior Vice President HSBC FINANCE CORPORATION, solely in its capacity as Interim Servicer Representative By: Name: Xxxxxxx X.

  • Each Interim Servicer hereby irrevocably authorizes and appoints HSBC Finance Corporation, as its true and lawful attorney and representative (in such capacity, the “Interim Servicer Representative”) with full power and authority to take any and all actions and execute any and all documents specified in this Agreement as being within the authority of Interim Servicer Representative.

  • This Agreement may only be amended or modified by an instrument in writing signed by, or on behalf of, Interim Servicer Representative (on behalf of Interim Servicers), Bank and Owner.

Related to Interim Servicer Representative

  • Interim Servicer The servicer under the Interim Servicing Agreement, or its successor in interest, or any successor to the Interim Servicer under the Interim Servicing Agreement, as therein provided.

  • Seller Representative means Xxxxx Bank.

  • Seller Representatives has the meaning set forth in Section 5.8(a).

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Lenders’ Representative means the person duly authorised by the Senior Lenders to act for and on behalf of the Senior Lenders with regard to matters arising out of or in relation to this Agreement, and includes his successors, assigns and substitutes;

  • Servicer Report A report (substantially in the form of Schedule 5 hereto) or otherwise in form and substance acceptable to the Master Servicer and Securities Administrator on an electronic data file or tape prepared by the Servicer pursuant to Section 5.03(a) of this Agreement, with such additions, deletions and modifications as agreed to by the Master Servicer, the Securities Administrator and the Servicer.

  • Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.

  • Purchaser Representative means any person who satisfies all of the following conditions or who the issuer reasonably believes satisfies all of the following conditions:

  • Customer Representative means the representative appointed by the Customer from time to time in relation to this Call Off Contract;

  • Buyer Representatives shall have the meaning set forth in Section 6.4(a).

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

  • Holders’ Representative means the Holders’ Representative named in the first paragraph of this Agreement or any direct or indirect successor Holders’ Representative designated in accordance with Section 6.3.

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Servicer Remittance Date With respect to any Distribution Date, the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately following.

  • Master Servicer Certification A written certification covering servicing of the Mortgage Loans by all Servicers and signed by an officer of the Master Servicer that complies with (i) the Xxxxxxxx-Xxxxx Act of 2002, as amended from time to time, and (ii) the February 21, 2003 Statement by the Staff of the Division of Corporation Finance of the Securities and Exchange Commission Regarding Compliance by Asset-Backed Issuers with Exchange Act Rules 13a-14 and 15d-14, as in effect from time to time; provided that if, after the Closing Date (a) the Xxxxxxxx-Xxxxx Act of 2002 is amended, (b) the Statement referred to in clause (ii) is modified or superceded by any subsequent statement, rule or regulation of the Securities and Exchange Commission or any statement of a division thereof, or (c) any future releases, rules and regulations are published by the Securities and Exchange Commission from time to time pursuant to the Xxxxxxxx-Xxxxx Act of 2002, which in any such case affects the form or substance of the required certification and results in the required certification being, in the reasonable judgment of the Master Servicer, materially more onerous than the form of the required certification as of the Closing Date, the Master Servicer Certification shall be as agreed to by the Master Servicer, the Depositor and the Seller following a negotiation in good faith to determine how to comply with any such new requirements.