Semiannual Servicer definition

Semiannual Servicer s Certificate” means the statement prepared by the Servicer and delivered to the Trustee with respect to the Transition Bonds on or prior to each Payment Date therefor, the form of which is attached hereto as Schedule 1.
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Examples of Semiannual Servicer in a sentence

  • In witness hereof, the undersigned has duly executed and delivered this Semiannual Servicer Certificate this day of , 20 .

  • Upon the written request of any Bondholder or any Rating Agency to the Bond Trustee addressed to the Corporate Trust Office, the Bond Registrar, or in its absence or failure the Paying Agent, shall provide such requesting party, the Bond Trustee and the Paying Agent or Bond Registrar, as applicable, with a copy of any Semiannual Servicer Certificate, Annual Accountant’s Report and any other report of the Servicer referred to in the Servicing Agreement.

  • Estimated amounts on deposit in the Reserve Subaccount and Excess Funds Subaccount after giving effect to the foregoing payments: Reserve Subaccount Total: $10,176,765.65 Excess Funds Subaccount Total: $0.00 In witness hereof, the undersigned has duly executed and delivered this Semiannual Servicer Certificate this 15th day of December, 2020.

  • Estimated amounts on deposit in the Reserve Subaccount and Excess Funds Subaccount after giving effect to the foregoing payments:Reserve SubaccountTotal : $10,535,152.13Excess Funds SubaccountTotal : $0.00In witness hereof, the undersigned has duly executed and delivered this Semiannual Servicer Certificate this 11th day of June, 2015.

  • All deposits to and withdrawals from the Collection Account and all allocations to the subaccounts of the Collection Account shall be made by the Bond Trustee in accordance with the written instructions provided by the Servicer in the Semiannual Servicer Certificate or as otherwise provided herein.

  • Stauffer, Commission Clerk Office of Commission ClerkFlorida Public Service Commission 2540 Shumard Oak Boulevard Tallahassee, FL 32399-0850 Re: Docket No. 20060038-EIFlorida Power & Light Company’s Semiannual Servicer CertificateDear Ms. Stauffer:In accordance with Section 3.01(b)(iii) of Storm Recovery Property Servicing Agreement, Florida Power & Light files the attached Semiannual Servicer Certificate for the August 1, 2018 payment date.

  • Estimated amounts on deposit in the Reserve Subaccount and Excess FundsSubaccount after giving effect to the foregoing payments: Reserve Subaccount Total:$20,171,115.60 Excess Funds Subaccount Total:$0.00 In witness hereof, the undersigned has duly executed and delivered this Semiannual Servicer Certificate this 15th day of December, 2020.

Related to Semiannual Servicer

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

  • Note A-3 Special Servicer means the special servicer under the Note A-3 PSA.

  • Master Servicer means the master servicer appointed as provided in the Lead Securitization Servicing Agreement.

  • Supplemental Servicing Fee means, with respect to any Collection Period, all administrative fees, expenses and charges paid by or on behalf of Obligors, including late fees, prepayment fees and liquidation fees collected on the Receivables during such Collection Period but excluding any fees or expenses related to extensions.

  • Special Servicing Fee shall have the meaning given to such term in the Servicing Agreement.

  • Reporting Servicer As defined in Section 11.13.

  • Non-Lead Special Servicer means the “special servicer” under any Non-Lead Securitization Servicing Agreement.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Master Servicing Fee As to any Distribution Date, an amount equal to one-twelfth the product of (a) the Master Servicing Fee Rate and (b) the outstanding principal balance of each Mortgage Loan. Master Servicing Fee Rate: 0.00% per annum.

  • Special Servicer means the special servicer appointed to act in such capacity with respect to the Mortgage Loan as provided in the Lead Securitization Servicing Agreement.

  • Note A-1 Special Servicer means the special servicer under the Note A-1 PSA.

  • Monthly Servicing Fee shall have the meaning specified in subsection 3.01.

  • Sub-Servicer Any Person with which the Master Servicer has entered into a Sub-Servicing Agreement and which meets the qualifications of a Sub-Servicer pursuant to Section 3.02.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Subservicer means any Person that services Receivables on behalf of the Servicer or any Subservicer and is responsible for the performance (whether directly or through Subservicers or Subcontractors) of a substantial portion of the material servicing functions required to be performed by the Servicer under this Agreement that are identified in Item 1122(d) of Regulation AB.

  • Additional Servicer Each affiliate of each Servicer that services any of the Mortgage Loans and each Person who is not an affiliate of the any Servicer, who services 10% or more of the Mortgage Loans. For clarification purposes, the Master Servicer and the Securities Administrator are Additional Servicers.

  • Supplemental Servicing Fees means any and all (i) late fees, (ii) extension fees, (iii) non-sufficient funds charges and (iv) any and all other administrative fees or similar charges allowed by applicable law with respect to any Receivable.

  • Servicer Fee has the meaning specified in Section 2.05(a).

  • Interim Servicer The servicer under the Interim Servicing Agreement, or its successor in interest, or any successor to the Interim Servicer under the Interim Servicing Agreement, as therein provided.

  • Note A-2 Special Servicer means the special servicer under the Note A-2 PSA.

  • Base Servicing Fee means the fee payable to the Servicer on each Distribution Date for services rendered during the related Collection Period, which shall be equal to one-twelfth of the Servicing Rate multiplied by the Pool Balance as of the close of business on the last day of the immediately preceding Collection Period or, with respect to the first Distribution Date, the Original Pool Balance.