Reconstitution definition

Reconstitution. As defined in Section 10.01.

Examples of Reconstitution in a sentence

  • Notwithstanding any provision to the contrary in this Agreement, in the event that the Servicer is the servicer with respect to a Reconstitution, the Owner agrees that in such Reconstitution any servicing performance termination triggers shall be substantially similar to those contained in this Agreement or otherwise subject to approval by the Servicer in its reasonable discretion.


More Definitions of Reconstitution

Reconstitution. Any Agency Transfer, Pass-Through Transfer or Whole Loan Transfer. Reconstitution Party or Reconstitution Parties: Any and all of Xxxxxx Xxx, Xxxxxxx Mac, trustee, trust fund, master servicer, depositor, issuer, securities administrator, any certificateholders or bondholders, credit risk manager, guarantor, insurer, or third party purchaser, as the case may be, and the Owner, that are related to a Reconstitution.
Reconstitution means a process that may be used to initiate a range of accountability actions to improve pupil performance, curriculum, and instruction to address deficiencies that caused a school to be rated Accreditation Denied that may include, but not be limited to, restructuring a school's governance, instructional program, staff or student population.
Reconstitution means the reverse process of stripping, where the individual STRIPS i.e., both coupon STRIPS and Principal STRIPS are reassembled to get back the original security.
Reconstitution. Any Securitization Transaction or a Whole Loan Transfer. Reconstitution Agreements: The agreement or agreements entered into by the Seller and the Purchaser and/or certain third parties on the Reconstitution Date or Dates with respect to any or all of the Mortgage Loans sold hereunder, in connection with a Whole Loan Transfer, Agency Transfer or a Securitization Transaction pursuant to Section 13, including, but not limited to, a seller’s warranties and servicing agreement with respect to a Whole Loan Transfer, and a pooling and servicing agreement and/or seller/servicer agreements and related custodial/trust agreement and documents with respect to a Securitization Transaction.
Reconstitution. Either a Whole Loan Transfer or a Pass-Through Transfer.
Reconstitution means the reorganization of the administrative unit or the governing school board of directors of a school district, including, but not limited to, the replacement or removal of a current superintendent or the removal or replacement of a current school board of directors or both;
Reconstitution means a reorganization intervention in