Non-Lead Master Servicer definition

Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.
Non-Lead Master Servicer shall have the meaning assigned to such term in Section 2(b).
Non-Lead Master Servicer means, with respect to Note A-2 and the Note A-2 PSA, the master servicer designated under the Note A-2 PSA.

Examples of Non-Lead Master Servicer in a sentence

  • The Master Servicer and the Trustee, as applicable, and the related Non-Lead Master Servicer or the related Non-Lead Trustee shall be required to notify the other of the amount of its P&I Advance within two (2) Business Days of making such advance.

  • Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer and Special Servicer and any Non-Lead Master Servicer, Non-Lead Special Servicer or Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

  • Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer, Special Servicer, Non-Lead Master Servicer, Non-Lead Special Servicer, Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.

  • Each Non-Lead Master Servicer, Non-Lead Special Servicer and Non-Lead Trustee, as applicable, shall be entitled to make their own recoverability determination with respect to a P&I Advance to be made on the related Non-Lead Securitization Note based on the information that they have on hand and in accordance with the related Non-Lead Securitization Servicing Agreement.

  • Except as provided herein, including without limitation, with respect to the Trustee, Certificate Administrator, Master Servicer, Special Servicer, Operating Advisor, Non-Lead Master Servicer, Non-Lead Special Servicer, Non-Lead Trustee, none of the provisions of this Agreement shall be for the benefit of or enforceable by any Person not a party hereto.


More Definitions of Non-Lead Master Servicer

Non-Lead Master Servicer means, with respect to any Non-Lead Note, the “master servicer” under the related PSA (other than the Non-Lead Note that is included in the Lead Securitization).
Non-Lead Master Servicer means, (i) with respect to Note A-2, from and after the Note A-1 Securitization Date, the master servicer designated under the Note ▇-▇ ▇▇▇, (▇▇) with respect to Note A-3, the master servicer designated under the Note A-3 PSA, (iii) with respect to Note A-4, the master servicer designated under the Note A-4 PSA and (iv) with respect to Note A-5, the master servicer designated under the Note A-5 PSA.
Non-Lead Master Servicer means:
Non-Lead Master Servicer means the Note A-2 Master Servicer or the Note A-3 Master Servicer, as the case may be.
Non-Lead Master Servicer means (i) from and after the First Securitization (if it is not the Note A-1 Securitization), to the extent any Note has been deposited into a Securitization, the master servicer under such related PSA, and (ii) from and after the Note A-1 Securitization, the master servicer designated under any PSA other than the Note A-1 PSA.
Non-Lead Master Servicer means, from and after the Note A-1-1 Securitization Date, the master servicer designated under the Note A-1-2 PSA or the Note A-2 PSA.
Non-Lead Master Servicer means, (i) with respect to Note A-3 and the Note A-3 PSA, the master servicer designated under the Note ▇-▇ ▇▇▇, (▇▇) with respect to Note A-4 and the Note A-4 PSA, the master servicer designated under the Note A-4 PSA, (iii) with respect to Note A-5 and the Note A-5 PSA, the master servicer designated under the Note A-5 PSA and (iv) with respect to Note A-1 and Note A-6 and the SGCMS 2016-C5 PSA, from and after the Note A-2 Securitization Date, the master servicer designated under the SGCMS 2016-C5 PSA.