REO Subsidiary Agreement definition

REO Subsidiary Agreement means the organizing documents governing REO Subsidiary as contemplated by this Agreement.
REO Subsidiary Agreement means that certain REO Subsidiary Agreement, dated as of the date hereof, executed and delivered by a duly authorized officer of the REO Subsidiary in favor of the Buyer.
REO Subsidiary Agreement means the limited liability company agreement, dated as of February 23, 2016, between RMS REO CS, LLC and Reverse Mortgage Solutions, Inc., as the same may be amended, restated, supplemented or otherwise modified from time to time.

Examples of REO Subsidiary Agreement in a sentence

  • There has been no amendment or modification, or waiver of any material term or condition of, or settlement or compromise of any material claim or condition in respect of any REO Subsidiary Interest, or amendment or modification of the REO Subsidiary Agreement or any other documents delivered in connection therewith that are related to a REO Subsidiary Interest that would be material or adverse to the rights of Buyer under this Agreement or the other Facility Documents.

  • Except as set forth in the Facility Documents, there is no document that by its terms materially and adversely modifies or affects the rights and obligations of the holder of such REO Subsidiary Interest, the terms of the related REO Subsidiary Agreement and, since issuance, there has been no material change or waiver to any term or provision of any such document, instrument or agreement.

  • Sabbatical leave shall be as outlined in the District 16 Policy Manual.

  • Seller has full right, power and authority to pledge and assign such REO Subsidiary Interest in accordance with the REO Subsidiary Agreement and such REO Subsidiary Certificate has not been cancelled, satisfied or rescinded in whole or part nor has any instrument been executed that would effect a cancellation, satisfaction or rescission thereof.

  • Seller has not waived or agreed to any waiver under, or agreed to any amendment or other modification of the REO Subsidiary Agreement except as agreed to by Administrative Agent in writing.

  • Sellers shall cause the REO Subsidiary to comply with all requirements and obligations imposed upon it under the REO Subsidiary Agreement.

  • For the avoidance of doubt, prior to the occurrence and continuance of an Event of Default, the REO Subsidiary shall not need the consent of Administrative Agent with respect to the day-to-day operations thereof and any related resolution required to verify authority for such transactions, so long as such day-to-day operations are performed in accordance with the terms of the REO Subsidiary Agreement and this Agreement, as applicable.

  • A breach by the REO Subsidiary of any material representation, warranty or covenant set forth in the REO Subsidiary Agreement or any other Facility Document, any repudiation of the REO Subsidiary Agreement by the REO Subsidiary, or if the REO Subsidiary Agreement is not enforceable against the REO Subsidiary.

  • The Program Agreements (including without limitation the Guaranty, and a Custodial Agreement in a form acceptable to Buyer and excluding the REO Contribution Agreement, the REO Subsidiary Agreement, and the REO Subsidiary Acknowledgment, which shall apply to Transactions involving LLC Interests and the related REO Property) duly executed and delivered by the parties thereto and being in full force and effect, free of any modification, breach or waiver.

  • For the avoidance of doubt, prior to the occurrence and continuance of an Event of Default, the related REO Subsidiary shall not need the consent of Administrative Agent with respect to the day-to-day operations thereof and any related resolution required to verify authority for such transactions, so long as such day-to-day operations are performed in accordance with the terms of the related REO Subsidiary Agreement and this Agreement, as applicable.


More Definitions of REO Subsidiary Agreement

REO Subsidiary Agreement means that certain Amended and Restated Trust Agreement of the REO Subsidiary, dated as of January 27, 2015, by and among Servicer, Wilmington Trust, National Association and PMC, as may be amended, restated supplemented or modified from time to time.
REO Subsidiary Agreement means, with respect to the REO Subsidiary, that certain Limited Liability Company Agreement, dated as of June 28, 2021, entered into by Seller, as initial member and manager, and the Independent Manager, as the same may be amended, restated, supplemented or otherwise modified from time to time.
REO Subsidiary Agreement means, with respect to the REO Subsidiary, that certain amended and restated trust agreement, to be dated as of February 25, 2019, by and among Finance of America Reverse Funding LLC, as Depositor, Wilmington Savings Fund Society, FSB, as trustee (“Wilmington”), and U.S. Bank National Association, as claims payment agent (“Claims Payment Agent”), as the same may be amended, supplemented or otherwise modified from time to time.

Related to REO Subsidiary Agreement

  • Subsidiary Agreement means the agreement referred to in Section I.B of Schedule 2 to this Agreement pursuant to which the Recipient shall make the proceeds of the Financing available to the Project Implementing Entity.

  • Subsidiary Agreements means said agreements collectively.

  • Borrowing Subsidiary Agreement means a Borrowing Subsidiary Agreement substantially in the form of Exhibit F-1.

  • Subsidiary Financing Agreement means any agreement to be entered into between the Borrower and a Participating Bank pursuant to Section 3.01 (b) of this Agreement, as the same may be amended from time to time;

  • Primary Agreement means the agreement to which this exhibit is attached.

  • Master Transaction Agreement has the meaning set forth in the recitals.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Subsidiary Joinder Agreement means a joinder to this Agreement, substantially in the form of Exhibit C.

  • 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.

  • Transaction Agreement has the meaning set forth in the recitals.

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Company Acquisition Agreement has the meaning set forth in Section 5.04(a).

  • Specified Acquisition Agreement Representations means the representations and warranties made by, or with respect to, the Target and its subsidiaries in the Acquisition Agreement that are material to the interests of the Lenders, but only to the extent that the Borrower (or its applicable affiliate) has the right (taking into account applicable cure provisions) to terminate its obligations under the Acquisition Agreement or to decline to consummate the Acquisition (in each case, in accordance with the terms thereof) as a result of a breach of any such representations and warranties.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Company Operating Agreement means the Restated Operating Agreement of the Company dated August__, 2019, as amended from time to time.

  • Acquisition Agreements means the Nexstar Acquisition Agreement and the Mission Acquisition Agreement, and “Acquisition Agreement” means the applicable agreement in the context used.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Purchase Agreement Assignment means that certain Purchase Agreement Assignment [NW 1997 J], dated as of March 18, 1998, between Lessee and Lessor, as the same may be amended, supplemented or modified from time to time, with a form of Consent and Agreement to be executed by the Manufacturer attached thereto.

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Alternative Acquisition Agreement shall have the meaning set forth in Section 6.5(c).

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Asset Sale Agreement means that certain Asset Sale Agreement between Buyer and Seller, dated as of the date hereof.

  • Subsidiary Loan Agreement means the agreement to be entered into between the Borrower and ECTEL pursuant to Section 3.01(b) of this Agreement, as the same may be amended from time to time; and such term includes all schedules to the Subsidiary Loan Agreement;

  • Back-Up Servicing Agreement means that certain Back-Up Servicing Agreement to be entered into by and among the Company, the Administrative Agent and the Back-Up Servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.