Primary Servicer Remittance Date definition

Primary Servicer Remittance Date means the first Business Day after each Determination Date.
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Primary Servicer Remittance Date shall have the meaning set forth in Section 3.05(b) hereof.
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Primary Servicer Remittance Date. For each Distribution Date, the Business Day immediately succeeding the related Primary Servicer Determination Date.
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Examples of Primary Servicer Remittance Date in a sentence

  • The Primary Servicer shall deposit all Prepayment Interest Shortfalls in the Primary Servicing Account on each Primary Servicer Remittance Date.

  • On the earlier of the Primary Servicer Remittance Date or the Other Determination Date Remittance Date in each calendar month, the Sub-Servicer shall remit to the Master Servicer an amount equal to the portion of the Primary Servicer Remittance Amount allocable to the related Serviced Companion Loans for such date.

  • The Primary Servicer shall deposit all Prepayment Interest Shortfalls in the Primary Servicer Collection Account or the Primary Servicer Loan Combination Custodial Account, as applicable, on each Primary Servicer Remittance Date.

  • Each month, by 1:00 p.m. Charlotte, North Carolina time on the first (1st) Business Day after receipt of any Available Distribution Amount between the Primary Servicer Remittance Date and the Distribution Date, the Primary Servicer shall forward to the Master Servicer by wire transfer the Available Distribution Amount for such date.

  • The Primary Servicer shall deposit all Compensating Interest Payments in the Primary Servicer Certificate Account on each Primary Servicer Remittance Date without any right of reimbursement thereof, but only if the amount due is due to the failure of the Primary Servicer to follow the related Mortgage Loan documents and with references in clause (ii) of the definition thereof to the Servicing Fee being references to the Primary Servicing Fee.

  • On each Primary Servicer Remittance Date, all income and gain realized from investment of funds to which the Primary Servicer is entitled shall be subject to withdrawal by the Primary Servicer.

  • Contingencies 1.420.280.280.280.280.28Total Project Cost (A+B+C+D) 21.699.667.332.351.251.09 % Total Project Cost 100% 44.6% 33.8% 10.8% 5.8% 5.0%a.

  • The Primary Servicer shall also prepare and deliver to the Master Servicer and Special Servicer, not later than 1:00 p.m. New York City time on each Primary Servicer Remittance Date a certification in the form of Exhibit J.

  • The Primary Servicer shall deposit all Compensating Interest in an amount equal to the Prepayment Interest Shortfalls in the Primary Servicer Collection Account on each Primary Servicer Remittance Date.

  • The related Primary Servicing Fee shall be payable on the Primary Servicer Remittance Date from monthly payments on the related Mortgage Loan or proceds from REO Property.


More Definitions of Primary Servicer Remittance Date

Primary Servicer Remittance Date means the first Business Day after each Determination Date. “Primary Servicer Reporting Date” shall mean the first Business Day after each Determination Date. “Primary Servicing Fee” shall mean, with respect to each Mortgage Loan and REO Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(19) of this Agreement. “Primary Servicing Fee Rate” shall mean, with respect to each Mortgage Loan, the rate that corresponds to such Mortgage Loan set forth on Exhibit A hereto under the heading “Primary Servicing Fee %.” “References Modification” shall have the meaning specified in Section 3.01(b) of this Agreement. ARTICLE II
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Primary Servicer Remittance Date means, for each Distribution Date, four (4) Business Days immediately preceding such Distribution Date.
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Primary Servicer Remittance Date means, with respect to any calendar month, the Business Day following the Primary Servicer Determination Date related to such month, commencing in December 2006.
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Related to Primary Servicer Remittance Date

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Remittance Date With respect to each Distribution Date, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of the month in which such Distribution Date occurs.

  • CREFC® Servicer Remittance to Certificate Administrator Template A report substantially in the form of, and containing the information called for in, the downloadable form of the “Interest Servicer Remittance to Certificate Administrator Template” available as of the Closing Date on the CREFC® Website, or such other form for the presentation of such information and containing such additional information as may from time to time be approved by the CREFC® for commercial mortgage securities transactions generally.

  • Primary Servicer Collection Account shall have the meaning set forth in Section 3.01(c)(7) of this Agreement.

  • Monthly Servicer Report means a report substantially in the form attached as Exhibit A-1 to the Servicing Agreement or in such other form as shall be agreed between the Servicer (with prior consent of the Back-Up Servicer) and the Trustee; provided, however, that no such other agreed form shall serve to exclude information expressly required by this Base Indenture or any Series Supplement.

  • Primary Servicing Fee means, with respect to each Mortgage Loan and REO Mortgage Loan, the fee payable to the Primary Servicer pursuant to Section 3.01(c)(20) of this Agreement.

  • Monthly Servicing Report shall have the meaning attributed to such term in the Servicing Agreement.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Servicer Business Day means any day other than a Saturday, a Sunday or a day on which banking institutions in Raleigh, North Carolina, Charlotte, North Carolina or New York, New York are authorized or obligated by law, regulation or executive order to be closed, on which the Servicer maintains normal office hours and conducts business.