Series Servicer definition

Series Servicer shall have the meaning set forth in Section 4.3(a) of the Titling Trust Agreement. The Series Servicer with respect to the Series CSA Interest shall be the Servicer.
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Series Servicer means Sasfin and its successors-in-title or such other person as may be appointed as Series Servicer in terms of the Series Servicer Agreement;
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Examples of Series Servicer in a sentence

  • The Standby Servicing Fee (exclusive of VAT, if any) payable to the Series Standby Servicer, until it becomes the Series Servicer (if at all), for each Due Period shall be an amount equal to one-twelfth of the amount being 0.035% of the month-end balance of the aggregate Net Present Value of all of the Series 3 Participating Assets (including Series 3 Participating Assets in Default) included in the Series Assets relating to Series 3 on the last day of that Due Period.

  • Management monitors the market value of collateral, requests additional collateral in accordance with the underlying agreement and monitors the market value of collateral obtained during its review of the adequacy of the allowance for impairment losses.

  • With respect to each Series, Servicer shall make the allocations and disbursements for such Series on behalf of the Successor Owner as is required to be made by the Successor Owner under the terms of the Indenture and the Indenture Supplement for such Series.

  • Union members in the control group (UM1_T0) are, for example, most likely to be on sick leave and consistently exhibit the highest average number of days of absence.

  • The Series Servicer shall procure that all Series 2 Participating Asset Payments are transferred directly by the relevant Obligors to the Collections Accounts by way of electronic payments under the Series 2 Participating Assets; provided that any cheque and cash payments received by the relevant Series Seller(s) on behalf of the Issuer will be deposited by the Series Servicer into the Transaction Bank Account within 1 (one) Business Day of receipt thereof by the Series Servicer.

  • Should a Series Servicer Event of Default occur and not be waived by the Series Security SPV and the Rating Agency, then the Series Standby Servicer (if any), will continue the functions of the Series Servicer.

  • Sasfin, as the Series Servicer, will continue to manage the Series 2 Participating Assets, as agent on behalf of the Issuer, in the ordinary course of Sasfin’s credit management business.

  • The Series Note Trustee and the Security Trustee and their related companies are entitled to enter into business transactions with, inter alios, the Issuer and Series Servicer, and/or related companies of either of them, without accounting for any profit resulting therefrom.

  • Notwithstanding that the Series Servicer may not be able to identify which amounts received by it are attributable to payments received from the relevant Obligors under the Series 2 Participating Assets, the Series Servicer shall transfer such amounts into the Transaction Bank Account or the Collections Accounts, as the case may be, whereafter the relevant Agency Collections shall be repaid to the person entitled thereto, in terms of and subject to the Series 2 Priority of Payments.

  • Pursuant to the Programme Servicing Agreement, the Programme Servicer and/or any Series Servicer will provide administrative and management services in respect of the Loans and Mortgages in the relevant Series Portfolio sold to the relevant Series AssetCo by the Seller.

Related to Series 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.

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

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

  • 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.

  • 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.

  • Back-Up Servicer means Xxxxx Fargo Bank, National Association and its permitted successors and assigns, as provided in the Indenture.

  • Servicing Agent means, with respect to an eNote, the field entitled, “Servicing Agent” in the MERS eRegistry.

  • Successor Servicer means any entity appointed as a successor to the Servicer pursuant to Section 8.02.

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

  • Primary Servicer Prudential Asset Resources, Inc., or any successor thereto (as primary servicer) appointed as provided in the Primary Servicing Agreement.

  • Non-Lead Master Servicer means the applicable “master servicer” under any Non-Lead Securitization Servicing Agreement.

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

  • Successor Master Servicer The meaning ascribed to such term pursuant to Section 8.02.

  • 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.

  • 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).

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

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

  • The Master Servicer has fully furnished and shall continue to fully furnish, in accordance with the Fair Credit Reporting Act and its implementing regulations, accurate and complete information (e.g., favorable and unfavorable) on its borrower credit files to Equifax, Experian and Trans Union Credit Information Company or their successors on a monthly basis; and

  • Replacement Servicer has the meaning assigned to that term in Section 6.01(c).

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

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