Mortgage MRF Discretionary Fund Ledger definition

Mortgage MRF Discretionary Fund Ledger means the ledger so referred to in Clause 6.1.1;
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Examples of Mortgage MRF Discretionary Fund Ledger in a sentence

  • Persons who are not employees or students of FSU and who do not work on campus for other organizations.

  • On each mortgage sale date, a debit is made to the Mortgage MRF Discretionary Fund Ledger, which is then credited to the Mortgage Margin Reserve Fund to bring it to the required level to comply with the Substitution criteria on the relevant sale date.In respect of PM26, a Mortgage Margin Reserve Fund Discretionary Fund was equal to £300,000 on the Closing Date.

  • On each Principal Determination date, a debit is made to the Mortgage MRF Discretionary Fund Ledger, which is then credited to the Mortgage Margin Reserve Fund to bring it to the required level.In respect of PM28, a Mortgage Margin Reserve Fund Discretionary Fund was equal to £300,000 on the Closing Date.

  • On each Principal Determination date, a debit is made to the Mortgage MRF Discretionary Fund Ledger, which is then credited to the Mortgage Margin Reserve Fund to bring it to the required level.

Related to Mortgage MRF Discretionary Fund Ledger

  • Loan Combination Custodial Account means the “Loan Combination Custodial Account” or analogous account established for the Mortgage Loan pursuant to the Lead Securitization Servicing Agreement.

  • Discretionary Account means a Personal Account in which you have completely turned over decision-making authority to a professional money manager (who is not a Family Member or not otherwise covered by this Code) and you have no direct or indirect influence or control over the account. (Such Discretionary Accounts are often referred to as “professionally managed,” “controlled” or “managed” accounts.)

  • Custodial Account The separate account or accounts created and maintained pursuant to Section 4.04.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.