Pooling Agreements definition
Examples of Pooling Agreements in a sentence
Capitalized terms used but not defined herein shall have the meanings ascribed to such terms in the related Pooling Agreements.
For purposes of such statement, such firm may assume conclusively that all Pooling Agreements under which the Servicer is the servicer of manufactured housing installment sale contracts and mortgage loans for a trustee relating to certificates evidencing an interest in manufactured housing installment sale contracts and mortgage loans are substantially similar to one another except for any such Pooling Agreement which by its terms specifically states otherwise.
The Supplemental Servicer undertakes no obligations of the Servicer under the Pooling Agreements other than those expressly set forth in Section 2.02 hereof.
The audit tests referred to in clause (2) of the preceding sentence shall be applied to manufactured housing installment sale contracts and mortgage loans serviced under the Pooling and Servicing Agreement and/or, in the sole discretion of such firm, manufactured housing installment sale contracts and mortgage loans serviced under pooling and servicing agreements, trust agreements or indentures substantially similar to the Pooling and Servicing Agreement (hereinafter referred to as "Pooling Agreements").
If the Servicer resigns or is terminated pursuant to the terms of the Pooling Agreements, the Trustee or a successor servicer may terminate this Amendment upon five Business Days notice to the parties hereto without payment of any fee (other than reimbursement for unpaid Supplemental Servicing Fees and unreimbursed Supplemental Delinquency Advances in accordance with the provisions hereof).