New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NIPs means the Non-Investment Products Code; Non-Forward Starting Covered Bond Swap Agreement means each agreement between the LLP, a Covered Bond Swap Provider and the Security Trustee governing any Covered Bond Swaps in respect of a Series or Tranche, as applicable, of Covered Bonds which provides a hedge against certain interest rate, currency and/or other risks in respect of amounts received by the LLP under the Loans in the Portfolio and the Interest Rate Swap and amounts payable by the LLP under the Intercompany Loan Agreement (prior to service of a Notice to Pay or service of an LLP Acceleration Notice) and under the Covered Bond Guarantee in respect of Covered Bonds (after service of a Notice to Pay or service of an LLP Acceleration Notice) in the form of an ISDA Master Agreement, including a schedule, one or more confirmations and a credit support annex; Non-eligible NGCB means a NGCB which is not intended to be held in a manner which would allow Eurosystem eligibility, as stated in the applicable Final Terms Document.
New Servicer means any member of the Scotiabank Group (other than the Bank and Scotia Mortgage Corporation) appointed as a new servicer in accordance with the Servicing Agreement.
New Servicer means Purchaser, or any Person selected by the Purchaser to service the Mortgage Loans.
Examples of New Servicer in a sentence
Each Servicing Agreement stipulates that the Servicer may only terminate the Servicing Agreement if a New Servicer is appointed prior to such termination which holds the requisite licences, including being duly licensed under the Wft to act as consumer credit provider and intermediary.
If a Servicing Agreement is terminated, the CBC will need to appoint a New Servicer which must be adequately licensed in order for the CBC to keep the benefit of exemptive relief.
X X X X Reg Ab Disclosure About Any New Servicer Is Also Required.
The Initial Servicer is, and each New Servicer will be, permitted to sub- contract its servicing role to a third party servicer subject to any applicable conditions in the relevant Servicing Agreement.
All correspondence sent to you regarding your loan will in fact be sent by New Servicer.
More Definitions of New Servicer
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; New Stand-By Bank Account Agreement has the meaning given to it in Section 4.1(g) of the Cash Management Agreement; New Stand-By GDA Agreement has the meaning given to it in Section 4.1(g) of the Cash Management Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; NIPs means the Non-Investment Products Code;
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; NIPs means the Non-Investment Products Code; Nominee has the meaning given to it in Clause 19.1 of the Programme Agreement;
New Servicer means the newly organized servicing subsidiary of Reorganized WFSG to be formed on the Effective Date.
New Servicer has the meaning ascribed to it in Section 4.13.
New Servicer. Advanta Mortgage Corp. USA, a Delaware corporation. ------------
New Servicer means any entity appointed as a substitute servicer in accordance with the Servicing Agreement; NGCB or New Global Covered Bond means a Temporary Global Covered Bond in the form set out in Part 1 of Schedule 2 to the Trust Deed or a Permanent Global Covered Bond in the form set out in Part 2 of Schedule 2 to the Trust Deed, in either case where the applicable Final Terms Document specifies that the Covered Bonds are in NGCB form; Nominee has the meaning given to it in Clause 19.1 of the Programme Agreement; Non-Forward Starting Covered Bond Swap Agreement means each agreement between the LLP, a Covered Bond Swap Provider and the Security Trustee governing any Covered Bond Swaps in respect of a Series or Tranche, as applicable, of Covered Bonds which provides a hedge against certain interest rate, currency and/or other risks in respect of amounts received by the LLP under the Loans in the Portfolio and the Interest Rate Swap and amounts payable by the LLP under the Intercompany Loan Agreement (prior to service of a Notice to Pay or service of an LLP Acceleration Notice) and under the Covered Bond Guarantee in respect of Covered Bonds (after service of a Notice to Pay or service of an LLP Acceleration Notice) in the form of an ISDA Master Agreement, including a schedule, one or more confirmations and a credit support annex; Non-eligible NGCB means a NGCB which is not intended to be held in a manner which would allow Eurosystem eligibility, as stated in the applicable Final Terms Document.
New Servicer means that entity selected to service the Note Collateral of those Noteholders electing the Collateral Option under the Plan.