Servicer Indemnified Amounts definition

Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a).
Servicer Indemnified Amounts is defined in Section 9.2.
Servicer Indemnified Amounts has the meaning set forth in Section 8.2.

Examples of Servicer Indemnified Amounts in a sentence

  • The funds used to repay the Servicer Indemnified Amounts will not be derived from any unlawful activity.

  • For the avoidance of doubt, there shall be no recourse to the Seller for Initial Servicer Indemnified Amounts other than to the extent expressly provided for in this Agreement or in any other Transaction Document.

  • Any Servicer Indemnified Amounts made by the Servicer to any Indemnified Party shall be reimbursed to the Servicer by such Indemnified Party if a court of competent jurisdiction makes a final, non-appealable judgement which determines that such Servicer Indemnified Amounts suffered or sustained by such Indemnified Party resulted solely from the gross negligence, bad faith or willful misconduct of such Indemnified Party.

  • For the avoidance of doubt, there shall be no recourse to the Borrower for Initial Servicer Indemnified Amounts other than to the extent expressly provided for in this Agreement or in any other Transaction Document.


More Definitions of Servicer Indemnified Amounts

Servicer Indemnified Amounts. As defined in Section 6.2.
Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a). “Servicer Indemnified Party” has the meaning set forth in Section 13.02(a). “Servicing Fee” means the fee referred to in Section 9.06(a) of this Agreement.
Servicer Indemnified Amounts has the meaning set forth in Section 10(o) of this Agreement.
Servicer Indemnified Amounts. The meaning set forth in Section 4(f) hereto.
Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a). “Servicer Indemnified Party” has the meaning set forth in Section 13.02(a). “Servicing Fee” means the fee referred to in Section 9.06(a) of this Agreement. “Servicing Fee Rate” means the rate referred to in Section 9.06(a) of this Agreement. “Settlement Date” means with respect to any Portion of Capital for any Interest Period or any Interest or Fees, (i) prior to the Termination Date and so long as no Event of Default has occurred and is continuing, the Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Default has occurred and is continuing, each day selected from time to time by the Administrative Agent (with the consent or at the direction of the Majority Lenders) (it being understood that the Administrative Agent (with the consent or at the direction of the Majority Lenders) may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date. “Settlement Item” means (i) each check or other payment order drawn on or payable against any Linked Account, which any Collection Account Bank takes for deposit or value, cashes or exchanges for a cashier’s check or official check in the ordinary course of business, and which is presented for settlement against any Collection Account, (ii) each check or other 28 729557511 18569090
Servicer Indemnified Amounts has the meaning set forth in Section 11.03. “Servicer Indemnified Party” has the meaning set forth in Section 11.03. “Servicing Fee” means the fee referred to in Section 8.06(a). “Servicing Fee Rate” means 1.00% per annum. “Settlement Date” means (i) so long as no Event of Default has occurred and is continuing and the Termination Date has not occurred, each Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Default has occurred and is continuing, each day selected from time to time by the Administrative Agent (it being understood that the Administrative Agent may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date.
Servicer Indemnified Amounts has the meaning set forth in Section 13.02(a). “Servicer Indemnified Party” has the meaning set forth in Section 13.02(a). “Servicing Fee” means the fee referred to in Section 9.06(a) of this Agreement. “Servicing Fee Rate” means the rate referred to in Section 9.06(a) of this Agreement. “Settlement Date” means with respect to any Portion of Capital for any Yield Period or any Yield or Fees, (i) so long as no Event of Termination has occurred and is continuing and the Termination Date has not occurred, the Monthly Settlement Date and (ii) on and after the Termination Date or if an Event of Termination has occurred and is continuing, each day selected from time to time by the Administrative Agent (with the consent or at the direction of the Majority Group Agents) (it being understood that the Administrative Agent (with the consent or at the direction of the Majority Group Agents) may select such Settlement Date to occur as frequently as daily), or, in the absence of such selection, the Monthly Settlement Date.