Intervening Assignment definition

Intervening Assignment. As defined in Section 2.01(b). IRS: The Internal Revenue Service.
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Intervening Assignment. The meaning set forth in Subsection 2.01(b)(vi).
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Intervening Assignment mean an assignment of a Security Instrument: ▪ That reflects transfer(s) of a Mortgage's ownership prior to the time the Mortgage is sold to Freddie Mac ▪ From a Transferor Servicer to a Transferee Servicer in conjunction with a Concurrent Transfer of Servicing or a Subsequent Transfer of Servicing ▪ To or from MERS®, in conjunction with a Mortgage being registered or deregistered in MERS.
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Examples of Intervening Assignment in a sentence

  • Recorded Intervening Assignment If the Deed of Trust was closed with MERS as nominee for the original mortgagee, interim assignments will not be required if the loan is registered in MERS.

  • As required by the MPF Program and Servicing Guides, unless MERS is the original Mortgagee of record, the Selling PFI must prepare and record an Intervening Assignment of the Security Instrument to MERS for each Serviced Mortgage as required by MERS and by Applicable Law.


More Definitions of Intervening Assignment

Intervening Assignment. For any Loan Seller did not originate, an assignment of the Note and Mortgage for the mortgagee named therein acceptable for recording, which is appropriate and sufficient under the laws of the jurisdiction in which the Mortgaged Property is located to establish a complete chain of title to the Mortgage in Seller. Loan: For each Loan, the Loan Documents and any and all rights, benefits, collateral, payments, recoveries, proceeds and obligations arising therefrom or in connection therewith, and which is the subject of this Agreement.
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Related to Intervening Assignment

  • Intervening Assignments The original intervening assignments of the Mortgage, notices of transfer or equivalent instrument.

  • IP Assignment a collateral assignment or security agreement pursuant to which an Obligor grants a Lien on its Intellectual Property to Agent, as security for the Obligations.

  • Intervening Event means a material event, fact, circumstance, development or occurrence that is unknown to or by the Company’s Board of Directors as of the date of this Agreement (or if known, the magnitude or material consequences of which were not known or understood by the Company Board of Directors as of the date hereof), which event, fact, circumstance, development, occurrence, magnitude or material consequence becomes known to or by the Company’s Board of Directors prior to obtaining the Company Stockholder Approval; and

  • Intervening Creditor has the meaning assigned to such term in Section 2.01(a).

  • prospective assignment means an assignment that is intended to be made in the future, upon the occurrence of a stated event, whether or not the occurrence of the event is certain;

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • LERG Reassignment or "NXX Reassignment" means the reassignment of an entire NXX code shown in the LERG from one Carrier to another Carrier. "Line Side" refers to End Office Switch connections that have been programmed to treat the circuit as a local line connected to a terminating station (e.g., an End User Customer's telephone station set, a PBX, answering machine, facsimile machine or computer).

  • Charterparty Assignment means, in relation to a Ship, the deed of assignment of any Charterparty in favour of the Security Trustee, in such form as the Lenders may approve or require;

  • Assignment Date means _____________________, 199___.

  • Appraisal assignment means an engagement for which an

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Loan Assignment has the meaning set forth in the Purchase and Sale Agreement.

  • Patent Assignment each patent collateral assignment agreement pursuant to which an Obligor assigns to Agent, for the benefit of Secured Parties, such Obligor’s interests in its patents, as security for the Obligations.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Assignment of Lease means the Assignment of Lease to be executed by the Seller and the Purchaser at the Closing with respect to each parcel of Leased Real Property listed on Section 3.14(b) of the Disclosure Schedule, substantially in the form of Exhibit 1.01(b).

  • Trademark Assignment shall have the meaning specified in Section 3.2(c).

  • Company Intervening Event means a material event or circumstance that was not known to the Company Board on the date of this Agreement (or if known, the consequences of which were not known to the Company Board as of the date of this Agreement), which event or circumstance, or any consequence thereof, becomes known to the Company Board prior to the Company Stockholder Approval; provided, however, that in no event shall any inquiry, offer or proposal that constitutes or would reasonably be expected to lead to a Company Acquisition Proposal constitute a Company Intervening Event.

  • assignment shall have the same meanings of such terms in the 1940 Act.)

  • Assignment / job means the work to be performed by the Consultant pursuant to the Contract.

  • Assignment of Leases With respect to any Mortgaged Property, any assignment of leases, rents and profits or similar agreement executed by the Mortgagor, assigning to the mortgagee all of the income, rents and profits derived from the ownership, operation, leasing or disposition of all or a portion of such Mortgaged Property, in the form which was duly executed, acknowledged and delivered, as amended, modified, renewed or extended through the date hereof and from time to time hereafter.

  • Parent Intervening Event means any event, change, occurrence or development that is unknown and not reasonably foreseeable to the Parent Board as of the date of this Agreement, or if known or reasonably foreseeable to the Parent Board as of the date of this Agreement, the material consequences of which were not known or reasonably foreseeable to the Parent Board as of the date of this Agreement; provided, that the receipt, existence or terms of a Parent Alternative Proposal shall not be deemed to be a Parent Intervening Event hereunder.

  • Intellectual Property Assignment has the meaning set forth in Section 3.02(a)(iii).

  • Long Term Supply Assignment means, in relation to an employee,

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Affiliated Licensee Assignment The Broker has assigned (Selling Licensee) to work with Purchaser and (Listing Licensee) to work with Seller. Each shall be deemed to act for and represent exclusively the party to whom each has been assigned. Transaction Brokerage Disclosure Seller and Purchaser are aware that if they are not represented by a Broker they are each solely responsible for protecting their own interests. Seller and Purchaser acknowledge that the Broker may perform ministerial acts for either party as a Transaction Broker. Selling Broker’s Initials Purchaser’s Initials: / (or Broker’s Affiliated Licensee)

  • Mortgage Assignment means an assignment of the Mortgage in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage.