Examples of Prior Servicer in a sentence

If Aurora is the Prior Servicer, the Seller shall promptly notify Aurora that this Agreement has been entered into and, upon request, shall deliver a copy of this Agreement to Aurora.
The Special Servicer shall maintain a Servicing File with respect to each Transferred Mortgage Loan in order to service such Transferred Mortgage Loans pursuant to this Agreement and each Servicing File delivered to the Special Servicer shall be held in trust by the Special Servicer for the benefit of the Trustee; provided, however, that the Special Servicer shall have no liability for any Servicing Files (or portions thereof) not delivered by the related Prior Servicer.
If it is determined that this type of conversion is advantageous to both parties the details will be mutually agreed to by the Prior Servicer and the Special Servicer.
Aurora as Prior Servicer will provide the Bankruptcy Service Release report within 3 Business Days after the related Servicing Transfer Date.
On or prior to the fourth Business Day following the related Servicing Transfer Date, the Prior Servicer shall deliver to the Special Servicer all Servicing Files in its possession on such Servicing Transfer Date, with respect to each Transferred Mortgage Loan in accordance with the Transfer Instructions attached hereto as Exhibit I.

More Definitions of Prior Servicer

Prior Servicer means any party that was a servicer or subservicer of any Residential Mortgage Loan before the Company or any Subsidiary or the current Servicer, as applicable, became the servicer or subservicer of the Residential Mortgage Loan.

Prior Servicer means all servicers and subservicers, collectively and individually, other than the Servicer, which, at any time prior to the applicable Effective Date, pooled, sold, serviced or subserviced any of the Mortgage Loans.

Prior Servicer shall have the meaning given in Section 12.1(b)(xiii).

Prior Servicer. Any prior servicer (other than the Servicer) of any or all of the Mortgage Loans, or Ocwen Federal Bank FSB in its capacity as servicer of such loans prior to the Cut-Off Date.

Prior Servicer. With respect to a Mortgage Loan, any Person that was a Servicer of such Mortgage Loan, or that administered any Mortgage Loan related service or program, before the Servicing Transfer Date.

Prior Servicer. Any servicer of mortgage loans which by reason of Servicing Transfer become Mortgage Loans under the Agreement.

Prior Servicer means any Person that was a servicer or subservicer of any Mortgage Loan before Owner became the servicer of the Mortgage Loan.