Monthly Remittance Advice definition

Monthly Remittance Advice. The monthly report required to be furnished by Servicer to Owner pursuant to Section 4.02.

Monthly Remittance Advice. The meaning assigned to such term in Section 5.2.

Monthly Remittance Advice as described in Section 3.02.

Examples of Monthly Remittance Advice in a sentence

• Upon the payment in full of any Mortgage Loan, or the receipt by the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company shall notify the Purchaser in the Monthly Remittance Advice as provided in Section 5.02, and may request the release of any Mortgage Loan Documents.

• Upon the payment in full of any Mortgage Loan, or the receipt by the Servicer of a notification that payment in full will be escrowed in a manner customary for such purposes, the Servicer shall notify the Master Servicer in the Monthly Remittance Advice as provided in Section 4.02, and may request the release of any Mortgage Loan Documents from the Seller in accordance with this Section 5.02 hereof.

• Not later than the 10th day of each calendar month, the Company shall furnish to the Purchaser or its designee (a) a Monthly Remittance Advice, with a trial balance report as to the Due Period in the month of remittance, and (b) a monthly default report as to the preceding calendar month, in each case, (i) by electronic medium, and (ii) in a form, mutually acceptable to the parties.

• Upon the payment in full of any Mortgage Loan the Servicer shall notify the Owner in the Monthly Remittance Advice as provided in Section 4.02, and may request the release of any Mortgage Loan documents.

• Upon the payment in full of any Mortgage Loan, or the receipt by the Company of a notification that payment in full will be escrowed in a manner customary for such purposes, the Company shall notify the Purchaser in the Monthly Remittance Advice as provided in Section 5.02, and may request the release of any applicable Mortgage Loan Documents.

More Definitions of Monthly Remittance Advice

Monthly Remittance Advice means the monthly remittance advice, in the form of Exhibit A annexed hereto, to be provided to the Purchaser pursuant to Section 3.02.

Monthly Remittance Advice. The report delivered by the Company to the Purchaser pursuant to Section 5.02 of this Agreement in the form of Exhibit E attached hereto.

Monthly Remittance Advice. The statement provided by the Company to the Owner or its designees on or prior to each Remittance Date pursuant to Section 5.02, containing the data listed on Exhibit F attached hereto.

Monthly Remittance Advice. The monthly servicing report substantially in the form attached hereto as Exhibit K.

Monthly Remittance Advice. The meaning assigned to such term in Section 5.2. Mortgage: The mortgage, deed of trust or other instrument and riders thereto securing a Mortgage Note, which creates a first lien on an unsubordinated estate in fee simple in real property securing the Mortgage Note.

Monthly Remittance Advice. The statement delivered to the Purchaser, a form of which is attached hereto as Exhibit X. Xxxxx'x: Xxxxx'x Investors Service, Inc., any successors thereto.

Monthly Remittance Advice. Officers' Certificate," "REO Disposition," "REO Disposition Proceeds," REO Property," "Servicing Advance," "Servicing Fee," "Servicing File," "Servicing Officer," "Servicing Rights" and "Subservicing Agreement" and