MSR Indebtedness definition

MSR Indebtedness means Indebtedness in connection with an MSR Facility; the amount of any particular MSR Indebtedness as of any date of determination shall be calculated in accordance with GAAP.
MSR Indebtedness means Debt in connection with an MSR Facility.
MSR Indebtedness means any financing arrangement of any kind, including, but not limited to, financing arrangements in the form of repurchase facilities, loan agreements, note issuance facilities and commercial paper facilities, or securitizations, with a financial institution or other lender or purchaser exclusively to finance or refinance the purchase, origination, pooling or funding by Borrower or any Subsidiary of Mortgage Servicing Rights originated, purchased, or owned by Borrower or any Subsidiary.

Examples of MSR Indebtedness in a sentence

  • At Sinai He formed them into the nation of Israel (19:6) by giving them laws to live by which separated them from the surrounding nations.


More Definitions of MSR Indebtedness

MSR Indebtedness means any financing arrangement of any kind, including, but not limited to, financing arrangements in the form of repurchase facilities, loan agreements, note issuance facilities and commercial paper facilities, or securitizations, with a financial institution or other lender or purchaser exclusively to finance or refinance the purchase, origination, pooling or funding by Borrower or any Subsidiary of Mortgage Servicing Rights originated, purchased, or owned by Borrower or any Subsidiary.

Related to MSR Indebtedness

  • Refinanced Indebtedness shall have the meaning provided in the definition of the term “Permitted Refinancing Indebtedness”.

  • Applicable Indebtedness has the meaning specified in the definition of “Weighted Average Life to Maturity.”

  • Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Junior Indebtedness means any indebtedness of any Mortgagor that is secured by a lien that is junior in right of payment to the lien of the Mortgage securing the related Mortgage Note.

  • Settlement Indebtedness means any payment or reimbursement obligation in respect of a Settlement Payment.

  • Net Indebtedness means, as of any date, (i) the amount of outstanding Indebtedness of the Company and its consolidated subsidiaries as of such date, minus (ii) the amount of cash and cash equivalents of the Company and its consolidated subsidiaries as of such date minus (iii) loans by the Company and its consolidated subsidiaries to its Partners or Affiliates thereof as of such date.