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Original Servicer definition

Original Servicer means the Bank;
Original Servicer means FCDQ;
Original Servicer means Xxxxxx Xxxxxxx Capital & Finance Corporation, a Delaware corporation."

Examples of Original Servicer in a sentence

  • CONA, in its capacity as New Servicer, acknowledges and confirms that it is bound by the Agreement, that it has accepted all of COBNA’s right, title, and interest, and has assumed all of COBNA’s duties, obligations, and liabilities and the performance of every covenant, in, to, and under the Agreement, and has agreed that it shall be substituted for COBNA, in its capacity as Original Servicer, under the Agreement.

  • In particular, but without limitation, the Original Servicer has been (and New Servicers may be) appointed to service Loans in the Portfolio sold to the LLP and the Cash Manager has been appointed to monitor compliance with the Asset Coverage Test and the Amortisation Test and to provide cash management services to the LLP.

  • The Original Servicer shall pay or reimburse all Reliening Expenses on demand.

  • In addition, the Original Servicer (or a Successor Servicer (as defined below), if applicable) shall determine whether any amounts in the Lockbox Account do not constitute Remittances with respect to receivables of one of the three Types referred to above, but have nonetheless been paid or deposited thereto by a customer in error (“Misdirected Payments”).

  • CONA, in its individual capacity and as New Servicer, acknowledges and confirms that it is bound by the Agreement, that it has accepted all of COBNA’s right, title, and interest, and has assumed all of COBNA’s duties, obligations, and liabilities and the performance of every covenant, in, to, and under the Agreement, and has agreed that it shall be substituted for COBNA, in its individual capacity and as Original Servicer, under the Agreement.

  • We have also maintained the quality of the Group’s liquidity portfolio by focussing on high quality UK Government issued debt and, at 31 December 2012, the proportion of our treasury assets rated A3 or above was 99.6% (2011: 98.1%).

  • The parties acknowledge that such property may be necessary to or useful in the servicing, administration and collection of the Securitization Assets and the Other Assets and agree to cooperate in good faith such that the respective interests of any Securitization Agent, the Original Servicer and the Originator therein, and with respect thereto, shall be protected and preserved.

  • As used in this Agreement, the following terms shall have the meanings indicated: “Account Control Agreement” means that certain Account Control Agreement, dated as of the Original Closing Date, among the Borrower, the Original Servicer, the Collateral Agent and The Bank of New York Mellon Trust Company, National Association, as Securities Intermediary, which agreement relates to the Covered Accounts.

  • The Original Servicer (or any Successor Servicer (as defined below)), shall (within two (2) business days of receipt of the associated remittance details) determine and identify the portion of such Remittance received in the Lockbox or Lockbox Accounts that represents the Financing Assets (“Financing Remittances”) and the portion that represents Other Assets (“Other Remittances”).

  • The Original Servicer agrees to pay the Account Custodian and the Concentration Account Bank, upon receipt of the Account Custodian’s and the Concentration Account Bank’s invoice, all costs, expenses and attorneys’ fees incurred by the Concentration Account Bank in the preparation and administration of this Agreement (including any amendments hereto or instruments or agreements required hereunder).


More Definitions of Original Servicer

Original Servicer shall have the meaning specified in the recitals hereto.
Original Servicer is inserted in Section 1.1 of the Loan Agreement, to read as follows:

Related to Original Servicer

  • Additional Servicer Each affiliate of each Servicer that services any of the Mortgage Loans and each Person who is not an affiliate of the any Servicer, who services 10% or more of the Mortgage Loans. For clarification purposes, the Master Servicer and the Securities Administrator are Additional Servicers.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Sub-Servicer Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Special Servicer means the applicable special servicer with respect to the Mortgage Loan appointed as provided in the Lead Securitization Servicing Agreement.

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • GreenPoint Servicing Agreement Solely with respect to the GreenPoint Mortgage Loans, the Master Loan Purchase and Servicing Agreement, dated as of March 1, 2003, between the Transferor, as purchaser, and GreenPoint, as seller and as servicer, and as the same may be amended further from time to time, and any assignments and conveyances related to the GreenPoint Mortgage Loans.

  • Other Special Servicer The applicable other “special servicer” under an Other Pooling and Servicing Agreement relating to a Serviced Companion Loan.

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Initial Servicer means CarMax.

  • Additional Servicing Fee means, for any Collection Period, if a successor Servicer has been appointed pursuant to Section 8.2 of the Sale and Servicing Agreement, the amount, if any, by which (i) the compensation payable to such successor Servicer for such Collection Period exceeds (ii) the Monthly Servicing Fee for such Collection Period.

  • Interim Servicer The servicer under the Interim Servicing Agreement, or its successor in interest, or any successor to the Interim Servicer under the Interim Servicing Agreement, as therein provided.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

  • Countrywide Servicing Agreement The Seller's Warranties and Servicing Agreement, dated as of September 1, 2002, as amended on January 1, 2003, between the Seller and Countrywide, attached hereto as Exhibit H-1, as modified by the related Assignment Agreement.

  • Outside Special Servicer With respect to an Outside Serviced Mortgage Loan, the special servicer under the applicable Outside Servicing Agreement.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • CMSA Special Servicer Loan File The data file in the "CMSA Special Servicer Loan File" format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CMSA for commercial mortgage securities transactions generally and, insofar as it requires the presentation of information in addition to that called for by the form of the "CMSA Special Servicer Loan File" available as of the Closing Date on the CMSA website, is reasonably acceptable to the Special Servicer.

  • CREFC® Special Servicer Loan File format substantially in the form of and containing the information called for therein for the Mortgage Loans, or such other form for the presentation of such information as may be approved from time to time by the CREFC® for commercial mortgage securities transactions generally.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Replacement Servicer has the meaning assigned to that term in Section 6.01(c).

  • Non-Lead Master Servicer means the “master servicer” under any Non-Lead Securitization Servicing Agreement.