Loss Mitigation Advisory Agreement definition

Loss Mitigation Advisory Agreement. The agreement between the Master Servicer the Loss Mitigation Advisor, and each Servicer, respectively, each dated November 20, 2001.
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Loss Mitigation Advisory Agreement. Each loss mitigation and advisory agreement, dated as of the Closing Date, entered into by a Servicer and the Loss Mitigation Advisor in the form of Exhibit M attached hereto.
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Loss Mitigation Advisory Agreement. The loss mitigation and advisory agreement, dated as of the Closing Date, entered into by each Servicer, the Trustee on behalf of the Trust and the Loss Mitigation Advisor in connection with the MGIC Insurance Policy in the form of Exhibit M1.
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Examples of Loss Mitigation Advisory Agreement in a sentence

  • The Servicer shall only take direction from the Master Servicer (if direction by the Master Servicer is required under this Agreement) unless otherwise directed by this Agreement or the Loss Mitigation Advisory Agreement.

  • The Loss Mitigation Advisor and any director, officer, employee or agent of the Loss Mitigation Advisor may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder, and may rely in good faith upon the accuracy of information furnished by the Servicer pursuant to the Loss Mitigation Advisory Agreement in the performance of its duties thereunder and hereunder.

  • Such reports and recommendations will be based upon information provided pursuant to Loss Mitigation Advisory Agreement.

  • Such reports and recommendations will be based upon information provided to the Loss Mitigation Advisor pursuant to the Loss Mitigation Advisory Agreement and the Loss Mitigation Advisor shall look solely to the related Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans.

  • Such reports and recommendations will be based upon information provided to the Loss Mitigation Advisor pursuant to the Loss Mitigation Advisory Agreement and the Loss Mitigation Advisor shall look solely to the Servicer for all information and data (including loss and delinquency information and data) and loan level information and data relating to the servicing of the Mortgage Loans.

  • Notwithstanding anything in this Agreement, any Servicing Agreement or any Loss Mitigation Advisory Agreement to the contrary, the Servicer shall have no duty or obligation to enforce any Loss Mitigation Advisory Agreement or to supervise, monitor or oversee the activities of the Loss Mitigation Advisor under its Loss Mitigation Advisory Agreement with respect to any action taken or not taken by a Servicer pursuant to a recommendation of the Loss Mitigation Advisor.

  • Notwithstanding anything in this Agreement, any Servicing Agreement or any Loss Mitigation Advisory Agreement to the contrary, the Master Servicer shall have no duty or obligation to enforce any Loss Mitigation Advisory Agreement or to supervise, monitor or oversee the activities of any Servicer under its Loss Mitigation Advisory Agreement with respect to any action taken or not taken by a Servicer at the direction of the Seller or pursuant to a recommendation of the Loss Mitigation Advisor.

  • The Loss Mitigation Advisor and any director, officer, employee or agent of the Loss Mitigation Advisor may rely in good faith on any document of any kind prima facie properly executed and submitted by any Person respecting any matters arising hereunder, and may rely in good faith upon the accuracy of information furnished by the applicable Servicer pursuant to the applicable Loss Mitigation Advisory Agreement in the performance of its duties thereunder and hereunder.

  • In particular, the Master Servicer shall not be liable for any course of action taken by the Servicers with respect to loss mitigation of defaulted Mortgage Loans at the direction of the Loss Mitigation Advisor or the Seller pursuant to any Loss Mitigation Advisory Agreement.

  • Notwithstanding the foregoing, the Master Servicer shall not be liable for any course of action taken by any Sub-Servicer with respect to loss mitigation of defaulted Mortgage Loans taken by such Sub-Servicer at the recommendation of the Loss Mitigation Advisor or the Class C Certificateholder pursuant to any Loss Mitigation Advisory Agreement.


More Definitions of Loss Mitigation Advisory Agreement

Loss Mitigation Advisory Agreement. The agreement among the Servicer, the Trustee and the Loss Mitigation Advisor dated as of July 30, 2001.
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Loss Mitigation Advisory Agreement. The Loss Mitigation Advisory Agreement, among GMAC, the Trustee and the Loss Mitigation Advisor, substantially in the form attached hereto as Exhibit M.
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Loss Mitigation Advisory Agreement. The agreement between the Master Servicer and the Loss Mitigation Advisor, regarding the loss mitigation and advisory services to be provided by the Loss Mitigation Advisor, substantially in the form attached hereto as Exhibit N.
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Loss Mitigation Advisory Agreement. The Loss Mitigation Advisory Agreement, among the Master Servicer and the Loss Mitigation Advisor, substantially in the form attached hereto as Exhibit L.
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Loss Mitigation Advisory Agreement. The agreement among the Depositor and the Loss Mitigation Advisor dated as of August 29, 2001.
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Loss Mitigation Advisory Agreement. The agreement between the Servicer and the Loss Mitigation Advisor dated as of the Closing Date.
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Related to Loss Mitigation Advisory Agreement

  • Investment Advisory Agreement means the investment advisory agreement entered into between the Adviser and the Fund, as from time to time in effect.

  • Advisory Agreement means the agreement between the General Partner, the Advisor and the other parties named therein pursuant to which the Advisor will direct or perform the day-to-day business affairs of the General Partner.

  • Reimbursement Agreement as defined in Section 2.8(b).

  • Additional Special Servicing Compensation As defined in Section 3.11(d).

  • Disbursement Agreement means, on any date, the Disbursement Agreement, as originally in effect on the Closing Date, among the Borrower, Holdings, the Administrative Agent, the Discount Note Indenture Trustee, the Disbursement Agent, the Servicing Agent and the Securities Intermediary and as thereafter from time to time amended, supplemented, amended and restated or otherwise modified.

  • Master Services Agreement means that master services agreement among the Limited Partnership, the Company, Teekay Corporation and Brookfield XX XXXX L.P. dated as of the date hereof.

  • Outside Special Servicer With respect to an Outside Serviced Mortgage Loan, the special servicer under the applicable Outside Servicing Agreement.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Master Servicer Termination Test With respect to any Distribution Date, the Master Servicer Termination Test will be failed if the Cumulative Loss Percentage exceeds 4.00%.

  • Medical Child Support Order means any judgment, decree or order (including approval of a domestic relations settlement agreement) issued by a court of competent jurisdiction that:

  • Investment Management Agreement means the Investment Management Agreement, dated as of the date hereof, by and between the Investment Manager and the Borrower.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Replacement Management Agreement means, collectively, (a) either (i) a management agreement with a Qualified Manager substantially in the same form and substance as the Management Agreement, or (ii) a management agreement with a Qualified Manager, which management agreement shall be reasonably acceptable to Lender in form and substance, provided, with respect to this subclause (ii), Lender, at its option, may require that Borrower shall have obtained prior written confirmation from the applicable Rating Agencies that such management agreement will not cause a downgrade, withdrawal or qualification of the then current rating of the Securities or any class thereof and (b) an assignment of management agreement and subordination of management fees substantially in the form then used by Lender (or of such other form and substance reasonably acceptable to Lender), executed and delivered to Lender by Borrower and such Qualified Manager at Borrower’s expense.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Assistance Agreement means a for- mal, written agreement between the CDFI Fund and an Awardee which specifies the terms and conditions of assistance under this part;

  • Administrative Agreement means the agreement described in subsection 1.2 (1); (“accord d’application”)

  • Special Servicing Compensation With respect to any Serviced Mortgage Loan, Serviced Loan Combination or REO Property (other than an REO Property related to an Outside Serviced Mortgage Loan), any of the Special Servicing Fee, the Workout Fee, and the Liquidation Fee which shall be due to the Special Servicer.

  • General Special Servicer mean the Person performing the duties and obligations of special servicer with respect to the Mortgage Pool (exclusive of (A) any Serviced Loan Combination or related REO Property as to which a different Loan Combination Special Servicer has been appointed with respect thereto and (B) any Excluded Special Servicer Mortgage Loan or any related REO Property as to which an Excluded Mortgage Loan Special Servicer has been appointed with respect thereto).

  • Allocation Agreement or “Agreement” shall mean this NMTC Program Allocation Agreement between the Fund and the Allocatee and Subsidiary Allocatee, as the case may be, including the Organization Specific Terms and Conditions (Schedule 1) and the General Allocation Terms and Conditions (Schedule 2) and any attachments hereto, as such Agreement may, from time to time, be amended in accordance with its terms.

  • Fee Agreement means this Fee in Lieu of Tax Agreement.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.