Liquidation and Acquisition Expenses definition

Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Mortgage Loan $ _______________(1) Interest accrued at Net Rate ________________(2) Attorney's Fees ________________(3) Taxes ________________(4) Property Maintenance ________________(5) MI/Hazard Insurance Premiums ________________(6) Hazard Loss Expenses ________________(7) Accrued Servicing Fees ________________(8) Other (itemize) ________________(9) $__________________ Total Expenses $ ______________(10) Credits: Escrow Balance $ ______________(11) HIP Refund ________________(12) Rental Receipts ________________(13) Hazard Loss Proceeds ________________(14) Primary Mortgage Insurance Proceeds ________________(15) Proceeds from Sale of Acquired Property ________________(16) Other (itemize) ________________(17) ___________________ ___________________ Total Credits $________________(18) Total Realized Loss (or Amount of Gain) $________________
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Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Securitized Loan $____________(1) Interest accrued at Net Rate _____________(2) Attorney's Fees _____________(3) Taxes _____________(4) Property Maintenance _____________(5) MI/Hazard Insurance Premiums _____________(6) Hazard Loss Expenses _____________(7) Accrued Servicing Fees _____________(8) Other (itemize) _____________(9) ____________________________________________________ $____________ ____________________________________________________ _____________ ____________________________________________________ _____________ ____________________________________________________ _____________ TOTAL EXPENSES _____________(10) CREDITS: Escrow Balance _____________(11) HIP Refund _____________(12) Rental Receipts _____________(13) Hazard Loss Proceeds _____________(14) Primary Mortgage Insurance Proceeds _____________(15) Proceeds from Sale of Acquired Property _____________(16) Other (itemize) _____________(17) ____________________________________________________ _____________ ____________________________________________________ _____________ TOTAL CREDITS _____________(18) AMENDMENT TO SERVICING AGREEMENT THIS AMENDMENT to the Servicing Agreement dated as of March 1, 2002, between WELLS FARGO BANK MINNESOTA, NATIONAL ASSOCIATION, as Master Servicer, XXXXNBURG MORTGAGE HOME LOANS, INC. ("TMHL"), as Seller and as Servicxx (xxx "Servicing Agreement") is made as of the 1st day of December, 2002, by and between the MASTER SERVICER, the SERVICER and the SELLER (the "Amendment").
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Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Mortgage Loan $________________(1) Interest accrued at Net Rate ________________(2) Attorney's Fees ________________(3) Taxes ________________(4) Property Maintenance ________________(5) MI/Hazard Insurance Premiums ________________(6) Hazard Loss Expenses ________________(7) Accrued Servicing Fees ________________(8) Other (itemize) ________________(9) $________________ Total Expenses $________________(10) Credits: Escrow Balance $________________(11) HIP Refund ________________(12) Rental Receipts ________________(13) Hazard Loss Proceeds ________________(14) Primary Mortgage Insurance Proceeds ________________(15) Proceeds from Sale of Acquired Property ________________(16) Other (itemize) ________________(17) ___________________ ___________________ Total Credits $________________(18) Total Realized Loss (or Amount of Gain) $________________ EXHIBIT AA FORM OF ADDITIONAL DISCLOSURE NOTIFICATION **SEND VIA EMAIL TO cts.sec.notifications@wellsfargo.com AND VIA OVERNIGHT MAIL TO THE ADDRXXX XXXXXXXXXXX XXXXX Xxxxx Xxxxx Xank, National Association, as Securities Administrator 9060 Xxx Annapolis Road Columbia, Maryland 21045 Fax: (410) 715-2380 E-xxxx: xxx.xxx.xxxxxxxxxxxxx@xxxxxxxxxx.xxx Xxxxan Staxxxx XXX Xxxxxal I Inc. 0000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00030 Xxxn.: Xxxxorate Trust Services - XXXX 0000-XX0 - XXX XXXXXX XXXXXXXXNG **Additional Form [10-D] [10-K] [8-K] Disclosure** Required Ladies and Gentlemen: In accordance with Section 8.12 of the Pooling and Servicing Agreement (the "Agreement"), dated as of May 1, 2007, among Morgan Stanley ABS Capital I Inc., as depositor, Wells Fargo Bank, Natixxxx Xsxxxxxxxon, as master servicer and as securxxxxx administrator, Saxon Mortgage Services, Inc., as a servicer, Countrywide Home Loans Servicing LP, as a servicer, and Deutsche Bank National Trust Company, as trustee, the undersigned, as [_________________________] hereby notifies you that certain events have come to our attention that we are required to report to you for disclosure on Form [10-D] [10-K] [8-K]. Description of additional Form [10-D] [10-K] [8-K] Disclosure: List of any attachments hereto to be included in the Additional Form [10-D] [10-K] [8-K] Disclosure: Each of the attachments hereto is being transmitted to the Trustee in an EDGAR-compatible format. Any inquiries related to this notification shxxxx be directed to [_________________] phone number [___________________]; email address [______________________]...
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More Definitions of Liquidation and Acquisition Expenses

Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Mortgage Loan $ _______________(1) Interest accrued at Net Rate ________________(2) Attorney's Fees ________________(3) Taxes ________________(4) Property Maintenance ________________(5) MI/Hazard Insurance Premiums ________________(6) Hazard Loss Expenses ________________(7) Accrued Servicing Fees ________________(8) Other (itemize) ________________(9) $__________________ Total Expenses $ ______________(10) Credits: Escrow Balance $ ______________(11) HIP Refund ________________(12) Rental Receipts ________________(13) Hazard Loss Proceeds ________________(14) Primary Mortgage Insurance Proceeds ________________(15) Proceeds from Sale of Acquired Property ________________(16) Other (itemize) ________________(17) ___________________ ___________________ Total Credits $________________(18) Total Realized Loss (or Amount of Gain) $________________ APPENDIX I ---------- Articles IV and V of the Master Mortgage Loan Purchase and Servicing Agreement ------------------------------------------------------------------------------
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Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Mortgage Loan $ _______(1) Interest accrued at Net Rate _______(2) Attorney’s Fees _______(3) Taxes _______(4) Property Maintenance _______(5) MI/Hazard Insurance Premiums _______(6) Hazard Loss Expenses _______(7) Accrued Servicing Fees _______(8) Other (itemize) _______(9) ________________________________________ $ _________ ________________________________________ _________ ________________________________________ _________ ________________________________________ _________ Total Expenses $ ______(10) Credits: Escrow Balance $ ______(11) HIP Refund ______(12) Rental Receipts ______(13) Hazard Loss Proceeds ______(14) Primary Mortgage Insurance Proceeds ______(15) Proceeds from Sale of Acquired Property ______(16) Other (itemize) ______(17) ________________________________________ _________ ________________________________________ _________ Total Credits________________________________________ $ ______(18) Total Realized Loss (or of Gain) $ ______(19) Data must be submitted to [Master Servicer and Trust Administrator] in an Excel spreadsheet format with fixed field names and data type. The Excel spreadsheet should be used as a template consistently every month when submitting data for all loans that are 60 days + delinquent and/or in bankruptcy, foreclosure or REO. EXHIBIT H FORM OF POWER OF ATTORNEY LIMITED POWER OF ATTORNEY HSBC BANK USA, NATIONAL ASSOCIATION, a national banking association, (the “Company”) hereby irrevocably constitutes and appoints JPMORGAN CHASE BANK, NATIONAL ASSOCIATION (THE “SUBSERVICER”), and any of its respective officers or agents thereof, with full power of substitution, as its true and lawful attorney-in-fact with full irrevocable power and authority in the place and stead of the Company and in the name of the Company or in its own name, from time to time in the Subservicer’s discretion, for the purpose of servicing mortgage loans, related to that certain Transfer and Servicing Agreement reflected on Exhibit A, to take any and all appropriate action and to execute any and all documents and instruments which may be necessary or desirable to accomplish the purposes of servicing mortgage loans, and, without limiting the generality of the foregoing, the Company hereby gives the Subservicer the power and right, on behalf of the Company, without assent by the Company, to do the following, to the extent consistent with the terms and conditions of the Transfer and Servicing Agreement attached heret...
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Liquidation and Acquisition Expenses. (1) Actual Unpaid Principal Balance of Mortgage Loan $ ________________(1) (2) Interest accrued at Net Rate ________________(2) (3) Accrued Servicing Fees ________________(3) (4) Attorney's Fees ________________(4) (5) Taxes (see page 2) ________________(5) (6) Property Maintenance ________________ (6) (7) MI/Hazard Insurance Premiums (see page 2) ________________(7) (8) Utility Expenses ________________(8) (9) Appraisal/BPO ________________(9) (10) Property Inspections ________________ (10) (11) FC Costs/Other Legal Expenses ________________(11) (12) Other (itemize) ________________(12) Cash for Keys__________________________ ________________(12) HOA/Condo Fees_______________________ ________________(12) ______________________________________ ________________(12) Total Expenses $ _______________(13) Credits: (14) Escrow Balance $ _______________(14) (15) HIP Refund ________________ (15)
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Liquidation and Acquisition Expenses. $ __________________(1) Actual Unpaid Principal Balance of Mortgage Loan __________________(2) Interest accrued at Net Rate __________________(3) Attorney's Fees __________________(4) Taxes __________________(5) Property Maintenance __________________(6) MI/Hazard Insurance Premiums __________________(7) Hazard Loss Expenses __________________(8) Accrued Servicing Fees __________________(9) Other (itemize) ________________________________________________ $ _____________________ ________________________________________________ _____________________ ________________________________________________ _____________________ ________________________________________________ _____________________
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Liquidation and Acquisition Expenses. Actual Unpaid Principal Balance of Mortgage Loan $_______________(1) Interest accrued at Net Rate ________________(2) Attorney's Fees ________________(3) Taxes ________________(4) Property Maintenance ________________(5) MI/Hazard Insurance Premiums ________________(6) Hazard Loss Expenses ________________(7) Accrued Servicing Fees ________________(8) Other (itemize) ________________(9) $__________________ TOTAL EXPENSES $______________(10) CREDITS: Escrow Balance $______________(11) HIP Refund _______________(12) Rental Receipts _______________(13) Hazard Loss Proceeds _______________(14) Primary Mortgage Insurance Proceeds _______________(15) Proceeds from Sale of Acquired Property _______________(16) Other (itemize) _______________(17) _______________ _______________ TOTAL CREDITS $______________(18) TOTAL REALIZED LOSS (OR AMOUNT OF GAIN) $______________ MLCC 2006-2 FRB AAR 12579707.2 00000000.0.XXXXXXXX ATTACHMENT 4 FORM OF ITEM 1123 CERTIFICATION OF SERVICER [DATE] Xxxxxxx Xxxxx Mortgage Investors, Inc. 000 Xxxxx Xxxxxx 4 World Financial Center, 10th Floor New York, New York 10080 Xxxxx Fargo Bank, N.A. 0000 Xxx Xxxxxxxxx Xxxx Xxxxxxxx, XX 00000 Re: Xxxxxxx Xxxxx Mortgage Investors Trust, Series MLCC 2006-2 Mortgage Pass-Through Certificates
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Related to Liquidation and Acquisition Expenses

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Closing Transaction Expenses means the Transaction Expenses as set forth on the Closing Statement.

  • Transaction Expenses means any fees or expenses incurred or paid by the Investors, Holdings, the Borrower or any of its (or their) Subsidiaries in connection with the Transactions (including expenses in connection with hedging transactions), this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Seller Transaction Expenses means all unpaid fees, costs, charges, expenses, obligations, payments and awards that are incurred by the Sellers or their Affiliates in connection with, relating to or arising out of the preparation, negotiation, execution, delivery and performance of this Agreement and the Transaction Documents and the consummation of the transactions contemplated hereby and thereby, including all Taxes.

  • Company Transaction Expenses means, all fees, commissions, costs and expenses incurred by the Company or any of its Subsidiaries on or prior to the Closing or by any other Person (to the extent the Company or any of its Subsidiaries is obligated to pay such fees, commissions, costs and expenses incurred by such Person) in connection with the negotiation, preparation, execution and performance of this Agreement and the transactions contemplated hereby to the extent not paid in full at or prior to the Closing, including: (a) stay bonuses, sale bonuses or payments, change of control bonuses or payments, retention bonuses or payments, transaction bonuses or payments or similar arrangements, bonuses or payments that become payable by the Company or any Subsidiary in connection with the negotiation, execution and/or delivery of this Agreement, any Transaction Document or the consummation of the transactions contemplated hereby or thereby (a “Change of Control Trigger”), including the employer portion of any payroll Taxes relating thereto, but, for the avoidance of doubt, shall not include any bonuses or payments that only become payable as a result of both (i) the Change of Control Trigger and (ii) the occurrence of a termination of employment after the Closing or any other event or circumstances resulting from actions taken by Purchaser or its subsidiaries (including the Surviving Corporation or any of its subsidiaries) after Closing (for the avoidance of doubt, this clause (a) shall not be deemed to include any of the employment agreements set forth on items 1-3 of Section 4.11(a)(xiv) of the Schedules), (b) all costs, commissions, fees and expenses of the Company or any Subsidiary incurred in connection with the negotiation, preparation, execution and/or delivery of this Agreement or any Transaction Document, any offering or marketing materials or the consummation of the transactions contemplated hereby, including any investment banking, accounting, consulting, broker, finder, advisory, attorney and other professional and other costs, fees and expenses (including all Banker Fees), (c) the employer’s portion of Social Security, Medicare, FUTA, and other payroll Taxes attributable to or associated with the exercise, payout or cancellation of any Options in connection with the transactions contemplated hereby, (d) one-half of the filing fees under the HSR Act or any other filing fees required by any Foreign Antitrust Law, (e) one-half of the D&O Tail Premium, (f) one-half of the Transfer Taxes in accordance with Section 6.11(c) and (g) one-half of the fees payable to the Escrow Agent and the Paying Agent. For the avoidance of doubt, notwithstanding the foregoing, Company Transaction Expenses shall not be deemed or construed to include any amounts payable with respect to Options as described in Section 2.04 hereof, other than with respect to Taxes described in the foregoing clause (c).

  • Acquisition Fees means the fee payable to the Advisor pursuant to Section 8.01 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Property or other Permitted Investment or the purchase, development or construction of any Property by the Company. Included in the computation of such fees or commissions shall be any real estate commission, selection fee, Development Fee, Construction Fee, nonrecurring management fee, loan fees or points or any fee of a similar nature, however designated. Excluded shall be Development Fees and Construction Fees paid to Persons not Affiliated with the Advisor in connection with the actual development and construction of a Property.

  • Acquisition Costs means all fees, costs, expenses, stamp, registration or transfer Taxes incurred by the Group in connection with the Acquisition.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule). "The Night of the Dead 3D" DM.03

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Permitted Acquisition Consideration means in connection with any Permitted Acquisition, the aggregate amount (as valued at the Fair Market Value of such Permitted Acquisition at the time such Permitted Acquisition is made) of, without duplication: (a) the purchase consideration paid or payable in cash for such Permitted Acquisition, whether payable at or prior to the consummation of such Permitted Acquisition or deferred for payment at any future time, whether or not any such future payment is subject to the occurrence of any contingency, and including any and all payments representing the purchase price and any assumptions of Indebtedness and/or Guarantee Obligations, “earn-outs” and other agreements to make any payment the amount of which is, or the terms of payment of which are, in any respect subject to or contingent upon the revenues, income, cash flow or profits (or the like) of any Person or business and (b) the aggregate amount of Indebtedness incurred or assumed in connection with such Permitted Acquisition; provided, in each case, that any such future payment that is subject to a contingency shall be considered Permitted Acquisition Consideration only to the extent of the reserve, if any, required under GAAP (as determined at the time of the consummation of such Permitted Acquisition) to be established in respect thereof for the Borrower or its Restricted Subsidiaries.

  • Capital Expenses expenses that are capital in nature or required under GAAP to be capitalized.

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

  • Restructuring Expenses means losses, expenses and charges incurred in connection with restructuring by U.S. Borrower and/or one or more of its Subsidiaries, including in connection with integration of acquired businesses or persons, disposition of one or more Subsidiaries or businesses, exiting of one or more lines of businesses and relocation or consolidation of facilities, including severance, lease termination and other non-ordinary-course, non-operating costs and expenses in connection therewith.

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting, and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Parent Expenses means (i) costs (including all professional fees and expenses) incurred by any Parent in connection with its reporting obligations under, or in connection with compliance with, applicable laws or applicable rules of any governmental, regulatory or self-regulatory body or stock exchange, this Indenture or any other agreement or instrument relating to Indebtedness of the Company or any Restricted Subsidiary, including in respect of any reports filed with respect to the Securities Act, Exchange Act or the respective rules and regulations promulgated thereunder, (ii) corporate overhead expenses Incurred in the ordinary course of business, and to pay salaries or other compensation of employees who perform services for any Parent or for both such Parent and the Company, (iii) expenses incurred by any Parent in connection with the acquisition, development, maintenance, ownership, prosecution, protection and defense of its intellectual property and associated rights (including but not limited to trademarks, service marks, trade names, trade dress, patents, copyrights and similar rights, including registrations and registration or renewal applications in respect thereof; inventions, processes, designs, formulae, trade secrets, know-how, confidential information, computer software, data and documentation, and any other intellectual property rights; and licenses of any of the foregoing) to the extent such intellectual property and associated rights relate to the business or businesses of the Company or any Subsidiary thereof, (iv) indemnification obligations of any Parent owing to directors, officers, employees or other Persons under its charter or by-laws or pursuant to written agreements with any such Person, (v) other operational and tax expenses of any Parent incurred on behalf of the Company in the ordinary course of business, including obligations in respect of director and officer insurance (including premiums therefor); it being understood for purposes of this definition, that all operational and tax expenses of any Parent are deemed to be incurred on behalf of the Company if the Company’s activities represent substantially all of the operating activities of any Parent and all of its Subsidiaries, and (vi) fees and expenses incurred by any Parent in connection with any offering of Capital Stock or Indebtedness, (x) where the net proceeds of such offering are intended to be received by or contributed or loaned to the Company or a Restricted Subsidiary, or (y) in a prorated amount of such expenses in proportion to the amount of such net proceeds intended to be so received, contributed or loaned, or (z) otherwise on an interim basis prior to completion of such offering so long as any Parent shall cause the amount of such expenses to be repaid to the Company or the relevant Restricted Subsidiary out of the proceeds of such offering promptly if completed.

  • Permitted Acquisitions means Investments consisting of an Acquisition by the Parent or any Subsidiary, in each case, other than Private Label Credit Card Expenditures, provided that (i) no Default shall have occurred and be continuing or would result from such Acquisition, (ii) the property acquired (or the property of the Person acquired) in such Acquisition is used or useful in the same or a similar, related or complementary line of business as the Parent and its Subsidiaries were engaged in on the Closing Date (or any reasonable extensions or expansions thereof), (iii) the Administrative Agent shall have received all items in respect of the Equity Interests acquired in such Acquisition required to be delivered by the terms of Section 7.12 and/or Section 7.13, (iv) in the case of an Acquisition of the Equity Interests of another Person, the board of directors (or other comparable governing body) of such other Person shall have duly approved such Acquisition, (v) the Parent shall have delivered to the Administrative Agent a Pro Forma Compliance Certificate demonstrating that, upon giving effect to such Acquisition on a Pro Forma Basis, the Loan Parties would be in compliance with the financial covenants set forth in Section 8.11 as of the most recent fiscal quarter for which the Parent was required to deliver financial statements pursuant to Section 7.01(a) or (b), (vi) if the total aggregate consideration paid for such Acquisition equals or exceeds $100,000,000, the Parent shall have delivered to the Administrative Agent pro forma financial statements for the Parent and its Subsidiaries after giving effect to such Acquisition for the twelve month period ending as of the most recent fiscal quarter in a form satisfactory to the Administrative Agent, and (vii) the representations and warranties made by the Loan Parties in each Loan Document shall be true and correct in all material respects at and as if made as of the date of such Acquisition (after giving effect thereto) except to the extent such representations and warranties expressly relate to an earlier date.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.