Loan Schedule and Exception Report definition

Loan Schedule and Exception Report has the meaning assigned thereto in the Custodial Agreement.
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Loan Schedule and Exception Report means a list, reflecting the Loans held by the Bailee for the benefit of the Indenture Trustee, which includes codes indicating any Exceptions with respect to each Loan listed thereon, to be delivered by the Bailee to the Initial Noteholder and the Indenture Trustee on the Transfer Date. Each Loan Schedule and Exception Report shall set forth (a) the Loans being pledged to the Indenture Trustee on the related Transfer Date as well as the Loans previously pledged to the Indenture Trustee (if any) and held by the Bailee under this Bailee Agreement, and (b) all Exceptions with respect thereto, with any updates thereto from the time such Loan Schedule and Exception Report was last delivered; and
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Loan Schedule and Exception Report means in the case of each Mortgage Loan, a computer-readable transmission containing the following information to be delivered by the Custodian to the related Buyer pursuant to this Custodial Agreement: the Mortgage Loan number, Mortgagor’s name, a code indicating whether the Mortgage Loan is a MERS Designated Mortgage Loan, and if so, the MERS Identification Number, codes indicating Exceptions and, with respect to any Mortgage Files which have been released (i) to the Seller pursuant to Section 5(a) hereof pursuant to a Request for Release and Receipt, (ii) as described in Section 5(b) hereof, or (iii) pursuant to an Attorney Bailee Letter as described in Section 5(c) hereof, the date such Mortgage Files were released and to whom they were released. The Custodian shall incorporate all current data provided by Seller to the Custodian into the Loan Schedule and Exception Report.
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Examples of Loan Schedule and Exception Report in a sentence

  • Notwithstanding anything to the contrary set forth herein, in the event that the Mortgage Loan Schedule and Exception Report attached to the Trust Receipt is different from the most recently delivered Mortgage Loan Schedule and Exception Report, then the most recently delivered Mortgage Loan Schedule and Exception Report shall control and be binding upon the parties hereto.

  • The Custodian shall then deliver to the Registered Holder a new Mortgage Loan Schedule and Exception Report, reflecting all Mortgage Loans with respect to which the Custodian still holds the related Custodian's Mortgage Files on behalf of the Registered Holder.

  • The Registered Holder and the Custodian agree herein that any purchaser of any or all of the Mortgage Loans shall succeed to the rights and obligations of the Registered Holder under this Agreement with respect to such Mortgage Loans upon receipt of its own Trust Receipt and Mortgage Loan Schedule and Exception Report, as further specified in Paragraph 15 hereof.

  • Each Purchased Mortgage Loan conforms to the description thereof as set forth on the related Mortgage Loan Schedule and Exception Report delivered to the Custodian and Buyer.

  • The Custodian has not noted any material exceptions on a Mortgage Loan Schedule and Exception Report with respect to the Mortgage Loan which would materially adversely affect the Mortgage Loan or Buyer’s interest in the Mortgage Loan.

  • The Agent shall have received from the Custodian a Mortgage Loan Schedule and Exception Report with Exceptions as are acceptable to the Agent in its sole discretion in respect of Eligible Mortgage Loans to be pledged hereunder on such Business Day.

  • Even though it was difficult to find components for lead-free soldering Ericsson decided to make accelerated temperature cycling tests in the form of a designed experiment (DoE) to be able to vary several parameters at the same time.

  • Each Mortgage Loan Schedule and Exception Report delivered by the Custodian to the Buyer shall supersede and cancel the Mortgage Loan Schedule and Exception Report previously delivered by the Custodian to the Buyer hereunder, and shall replace the then existing Mortgage Loan Schedule and Exception Report to be attached to the Trust Receipt.

  • If upon examination of the documents included in the related Mortgage File, the Custodian determines that such documents do not satisfy the requirements set forth in the Custodial Agreement, the Custodian shall xxxx such Mortgage Loan as an exception on the related Mortgage Loan Schedule and Exception Report.

  • At least three (3) Business Days prior to a Funding Date, the Borrowers shall have provided to the Agent a certification as to the reason why a Discretionary Mortgage Loan has not been previously disposed of by the Borrowers and the Agent shall have approved of the inclusion of such Discretionary Mortgage Loan in the Mortgage Loan Schedule and Exception Report to be pledged hereunder on such Funding Date.


More Definitions of Loan Schedule and Exception Report

Loan Schedule and Exception Report means a list of Loans delivered by the Bailee to the Initial Class A Certificateholder and the Owner Trustee on the Transfer Date, reflecting the Loans held by the Bailee for the benefit of the Owner Trustee, which includes codes indicating any Exceptions with respect to each Loan listed thereon. Each Loan Schedule and Exception Report shall set forth (a) the Loans being conveyed to the Owner Trustee on the Transfer Date as well as the Loans previously conveyed to the Owner Trustee (if any) and held by the Bailee under this Bailee Agreement, and (b) all Exceptions with respect thereto, with any updates thereto from the time last delivered; and
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Loan Schedule and Exception Report means a list of Purchased Assets delivered by the Custodian to the Buyer on each Purchase Date and on each Business Day for which any change has occurred in the information reflected in the previously delivered Loan Schedule and Exception Report, reflecting the Purchased Assets held by the Custodian for the benefit of the Buyer, which includes codes indicating any Exceptions with respect to all Purchased Assets listed thereon and each Purchased Asset listed thereon, as applicable. Each Loan Schedule and Exception Report shall set forth (a) the Purchased Assets being transferred to the Buyer on any applicable Purchase Date as well as the Purchased Assets previously purchased by the Buyer and held by the Custodian hereunder, and (b) all Exceptions with respect thereto, with any updates thereto from the time last delivered. Each such Loan Schedule and Exception Report shall supercede any previously delivered Loan Schedule and Exception Report.
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Related to Loan Schedule and Exception Report

  • Exception Report The report of the Trustee referred to in Section 2.02.

  • Loan Schedule The schedule, as amended from time to time, of Loans attached hereto as Exhibit D, which shall set forth as to each Loan the following, among other things:

  • Mortgage Loan Schedule shall have the meaning assigned to such term in the recitals.

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • Survey Report means a report of the results of a Survey, containing the information set out in clause 12.4 and Schedule 6.

  • Condition Report means a condition report with respect to a Group II Vehicle, signed and dated by a Lessee or a Franchisee and any Manufacturer or its agent in accordance with the applicable Vehicle Disposition Program.

  • Property Condition Report means a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion.

  • Servicing Report has the meaning assigned to that term in Section 6.08(b).

  • MI Report means a report containing Management Information submitted to the Authority in accordance with Framework Schedule 8 (Management Information);

  • GLJ Report means the independent engineering reserves evaluation of certain oil, NGL and natural gas interests of the Company prepared by GLJ dated February 7, 2019 and effective December 31, 2018.

  • Rent Roll shall have the meaning set forth in Section 3.18 hereof.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.

  • Asset Schedule means with respect to any Transaction as of any date, an asset schedule in the form of a computer tape or other electronic medium (including an Excel spreadsheet) generated by Seller and delivered to Buyer and the Custodian, which provides information (including, without limitation, the information set forth on Exhibit E attached hereto) relating to the Purchased Mortgage Loans in a format reasonably acceptable to Buyer.

  • Post-Closing Statement has the meaning set forth in Section 3.3(c).

  • Title Report has the meaning set forth in Section 5.4(b).

  • Preliminary Closing Statement has the meaning specified in Section 2.3(a)(ii).

  • Draft Closing Statement means a draft closing statement, prepared by Seller, as of the close of business of the third (3rd) business day preceding the Closing Date setting forth an estimated calculation of both the Purchase Price and the Estimated Payment Amount.

  • ESDM Report means the Emission Summary and Dispersion Modelling Report prepared in accordance with the Procedure Document by Envision Compliance Ltd. and dated March 19, 2008 submitted in support of the application, and includes any amendments to the ESDM Report listed in Schedule A and all up-dated ESDM Reports prepared as required by the Documentation Requirements conditions of this Certificate.

  • Physical Conditions Report means, with respect to the Property, a report prepared by a company satisfactory to Lender regarding the physical condition of the Property, satisfactory in form and substance to Lender in its sole discretion, which report shall, among other things, (a) confirm that the Property and its use complies, in all material respects, with all applicable Legal Requirements (including, without limitation, zoning, subdivision and building laws) and (b) include a copy of a final certificate of occupancy with respect to all Improvements on the Property.

  • Collection Report means the monthly report prepared by the Primary Servicer setting forth, with respect to each Mortgage Loan and the most recently ended Collection Period prior to the due date of such report, the information described on Exhibit G attached hereto.

  • Section 404 Report means management’s report on “internal control over financial reporting” as defined by the SEC and the related attestation report of the independent certified public accountant as described in Section 3(A)(1).

  • Preliminary Mortgage Schedule As defined in Section 3.

  • CMSA Delinquent Loan Status Report means a report substantially in the form of, and containing the information called for in, the downloadable form of the "Delinquent Loan Status Report" available as of the Closing Date on the CMSA Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CMSA for commercial mortgage securities transactions generally.

  • MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.

  • Phase I Report means, with respect to any Facility, a report that (i) conforms to the ASTM Standard Practice for Environmental Site Assessments: Phase I Environmental Site Assessment Process, E 1527, (ii) was conducted no more than six months prior to the date such report is required to be delivered hereunder, by one or more environmental consulting firms reasonably satisfactory to Administrative Agent, (iii) includes an assessment of asbestos-containing materials at such Facility, (iv) is accompanied by (a) an estimate of the reasonable worst-case cost of investigating and remediating any Hazardous Materials Activity identified in the Phase I Report as giving rise to an actual or potential material violation of any Environmental Law or as presenting a material risk of giving rise to a material Environmental Claim, and (b) a current compliance audit setting forth an assessment of Holdings’, its Subsidiaries’ and such Facility’s current and past compliance with Environmental Laws and an estimate of the cost of rectifying any non-compliance with current Environmental Laws identified therein and the cost of compliance with reasonably anticipated future Environmental Laws identified therein.