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Serviced Assets definition

Serviced Assets. Has the meaning set forth in Section 2.01(a) of the Servicing Agreement.
Serviced Assets has the meaning set forth in the recitals hereto.
Serviced Assets has the meaning set forth in Schedule 6.14. “Servicing Termination Date” has the meaning set forth in Section 9.13. “Settlement Agent” has the meaning set forth in Section 3.03. “Settlement Designee” has the meaning set forth in Section 3.03.

Examples of Serviced Assets in a sentence

  • The Special Servicer shall from time to time (and, in any event, as may be reasonably required by the Property Manager) provide the Property Manager with such information regarding the Specially Serviced Assets as may be necessary for the Property Manager to prepare each Determination Date Report and any supplemental information to be provided by the Property Manager to the Issuers or the Indenture Trustee.

  • Notwithstanding any subservicing agreement, the Servicer shall remain obligated and liable for the servicing and the administration of the Serviced Assets in accordance with the provisions of this Agreement, without diminution of such obligation or liability by virtue of such subservicing agreements or arrangements or by virtue of indemnification from the subservicer, to the same extent and under the same terms and conditions as if the Servicer alone were servicing and administering the Serviced Assets.

  • The Servicer has obtained, and shall continue to maintain in full force and effect, employee theft insurance of a type and in such amount as is customary for servicers engaged in the business of servicing the contracts, the equipment and related property similar to the Contracts, the Equipment and the other Serviced Assets.

  • The Special Servicer shall promptly furnish any party required to make Property Protection Advances hereunder with any information in its possession regarding the Specially Serviced Assets which are Leases, Mortgaged Properties, Mortgage Loans and REO Properties as such party required to make Property Protection Advances may reasonably request for purposes of making recoverability determinations.

  • The Bridge Bank will transfer the Serviced Asset(s) identified in the Withdrawal Notice and all files and records related thereto as required by the Receiver.


More Definitions of Serviced Assets

Serviced Assets means the Loans and/or Borrower Payment Dependent Notes serviced by Servicer pursuant ot the Indenture.
Serviced Assets means the fixed income investments of the Company, other than (i) any securities which are rated investment grade by a nationally recognized rating agency, unless the investment grade bonds have a first-loss position; (ii) securities (whether or not rated) issued by any corporation which are not secured by any pledge of collateral; or (iii) any securities issued by the U.S. government or other temporary investments, such as commercial paper or money market investments, made by the Company, provided, however, that for purposes of this definition, fixed income investments shall include the Company’s credit tenant lease assets. The fee shall be calculated and paid monthly on or before the fifth day following each month end. Manager shall be directly obligated to pay accrued fees hereunder, whether or not reimbursed by the Company for such fees as contemplated by the Management Agreement.
Serviced Assets has the meaning assigned to such term in the Servicing Agreement.
Serviced Assets means any Mortgage Loan, Receivables and/or REO Property covered by this Agreement.
Serviced Assets means the fixed income investments of the Company, other than (i) any securities which are rated investment grade by a nationally recognized rating agency, unless the investment grade bonds have a first-loss position; (ii) securities (whether or not rated) issued by any corporation which are not secured by any pledge of collateral; or (iii) any securities issued by the U.S. government or other temporary investments, such as commercial paper or money market investments, made by the Company. The fee shall be calculated and paid monthly on or before the fifth day following each month end. Manager shall be directly obligated to pay accrued fees hereunder, whether or not reimbursed by the Company for such fees as contemplated by the Management Agreement.
Serviced Assets mean, collectively, the Financing and Lease Assets (including those held by Investment Vehicles) subject to the Servicing Agreement from time to time.
Serviced Assets means the Loans and/or Borrower Payment Dependent Notes serviced by Servicer pursuant ot the Indenture. (jj) “Servicer” has the meaning assigned thereto in the preamble to this Agreement. (kk) “SPE” has the meaning assigned thereto in the recitals to this Agreement. (ll) “Successor Servicer” has the meaning assigned thereto in the recitals to this Agreement. 4 CONFIDENTIAL TREATMENT [***] indicates that text has been omitted which is the subject of a confidential treatment request. This text has been separately filed with the SEC. (mm) “Successor Servicing Agreement” has the meaning assigned thereto in the recitals to this Agreement. (nn) “Successor Servicing Fee” has the meaning assigned thereto in Exhibit B hereto. 2. Loans Covered by this Agreement. As of the date hereof, this Agreement applies to any and all Loans serviced by Servicer from time to time.