Senior Interest Servicer definition

Senior Interest Servicer. With respect to each Mezz Loan serviced hereunder, the Person indicated in the related Critical To Board Package (along with necessary contact information) that is responsible for the servicing of the related Senior Interest and any successor or assign of such Person.
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Senior Interest Servicer. With respect to each B Interest serviced hereunder, the Person indicated in the related Critical To Board Package (along with necessary contact information) that is responsible for the primary servicing of the related Senior Interest Not Serviced Hereunder and any successor or assign of such Person.
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Examples of Senior Interest Servicer in a sentence

  • The Servicer shall, within ten (10) Business Days after the Servicer’s receipt of the Critical To Board Package for each Loan, send written notice to the related Borrower or, if applicable, the related Senior Interest Servicer that the Servicer has been engaged to service such Loan(s).

  • The Servicer shall notify the related Senior Interest Servicer and make all reasonable efforts to cause the Senior Interest Servicer to remit the Monthly Payment to the Servicer.

  • The End User shall not, without prior authorization of Licensor, transfer in any way, permanently or temporarily, distribute or broadcast all or part of the Corpus to third parties.

  • With respect to each Mezz Loan, if the Servicer does not receive from the related Senior Interest Servicer the Monthly Payment due thereunder on the date when such remittance is scheduled to be made, the Servicer shall promptly notify the Seller and the Buyer.

  • With respect to each B Interest, if the Servicer does not receive from the related Senior Interest Servicer the Monthly Payment due with respect to such B Interest under the related Loan Documents on the date when such remittance is scheduled to be made, the Servicer shall promptly notify the Seller, the Buyer and the Sub-Servicer.

  • The Sub-Servicer shall notify the related Senior Interest Servicer and make all reasonable efforts to get the Senior Interest Servicer to remit the Monthly Payment.

Related to Senior Interest Servicer

  • 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.

  • Noteholder Servicing Fee is defined in Section 3.1.

  • Note A-1 Master Servicer means the master servicer under the Note A-1 PSA.

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

  • Note A-4 Master Servicer means the master servicer under the Note A-4 PSA.

  • Note A-3 Master Servicer means the master servicer under the Note A-3 PSA.

  • 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.

  • Other Servicer Mortgage Loan Any of the Mortgage Loans, if any, identified in Exhibit F-2 hereto, as such Exhibit may be amended from time to time in connection with a substitution pursuant to Sections 2.02 or 2.06, which Mortgage Loan is serviced under an Other Servicing Agreement.

  • 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.

  • Class B Servicing Fee shall have the meaning specified in Section 3.01.

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

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

  • Note A-2 Master Servicer means the master servicer under the Note A-2 PSA.

  • Securities Administrator Fee As to any Distribution Date and each Mortgage Loan, an amount equal to the product of (a) 1/12th of the Securities Administrator Fee Rate and (b) the Scheduled Principal Balance of each Mortgage Loan as of the first day of the related Collection Period. Securities Administrator Fee Rate: 0.001% per annum.

  • Collateral Servicing Fee shall have the meaning set forth in Section 3.01.

  • Servicer Mortgage Loan File As defined in each of the Servicing Agreements.

  • Certificate Administrator Fee With respect to each Mortgage Loan and the beneficial interest of the Trust Fund in each REO Mortgage Loan, the fee designated as such and payable to the Certificate Administrator pursuant to Section 8.05(a). The Certificate Administrator Fee includes the Tax Administrator Fee and the Trustee Fee, each of which shall be paid by the Certificate Administrator as provided herein.

  • FTPS Unit Servicing Agent means FTP Services LLC or any successor FTPS Unit servicing agent appointed as hereinafter provided."

  • Trustee/Certificate Administrator Fee With respect to each Mortgage Loan and for any Distribution Date, an amount accrued during the related Interest Accrual Period at the Trustee/Certificate Administrator Fee Rate on, in the case of the initial Distribution Date, the Cut-Off Date Balance of such Mortgage Loan and, in the case of any subsequent Distribution Date, the Stated Principal Balance of such Mortgage Loan as of the close of business on the Distribution Date in the related Interest Accrual Period; provided that such amounts shall be computed for the same period and on the same interest accrual basis respecting which any related interest payment due or deemed due on the related Mortgage Loan is computed and shall be prorated for partial periods. For the avoidance of doubt, the Trustee/Certificate Administrator Fee shall be payable from the Lower-Tier REMIC.

  • Mortgage Loan Seller Sub-Servicer A Sub-Servicer required to be retained by the Master Servicer by a Mortgage Loan Seller, as listed on Exhibit S to this Agreement, or any successor thereto.

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

  • Class P Mortgage Loan Any of the Class I-P, Class II-P or Class III-P Mortgage Loans.

  • Trustee/Certificate Administrator Fee Rate With respect to each Mortgage Loan, a rate equal to 0.0055% per annum.

  • Class A Servicing Fee shall have the meaning specified in Section 3.01.

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

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