Servicer Performance Guarantor Data definition

Servicer Performance Guarantor Data means Personal Data, Employment Data, financial data, and all other information concerning Servicer Performance Guarantor or any Affiliate, or its personnel, clients or customers, provided to Servicer by or on behalf of Servicer Performance Guarantor, or created by Servicer based on information provided by or on behalf of Servicer Performance Guarantor.
Sample 1Sample 2Sample 3
Servicer Performance Guarantor Data is defined in Section 3.9(a).
Sample 1Sample 2Sample 3

Examples of Servicer Performance Guarantor Data in a sentence

  • The reform era has given space to communities to participate actively in Sandalwood management in order to be able to benefit economically from their efforts.

  • A Party shall notify the other Party in the most expedient time possible and without unreasonable delay of any Security Breach involving any Servicer Performance Guarantor Data or Servicer Data.

  • Where Servicer Performance Guarantor Data consists of Employment Data, Servicer shall comply, subject to applicable Law, with any of Servicer Performance Guarantor’s data protection policies to the extent a copy of such policies and standards has been provided to Servicer with such advance notice as shall be commercially reasonable to allow Servicer to implement such policies.

  • The security measures taken shall be in compliance with applicable Data Protection Laws and any applicable local data or IT security requirements, and shall be adapted to the risks represented by the Processing and the nature of Servicer Performance Guarantor Data or Servicer Data to be Processed, having regard to the state of the art and the cost of implementation.

  • Servicer shall, at its own cost, Process Servicer Performance Guarantor Data only to the extent necessary to provide the Guaranteed Servicer Obligations or as otherwise instructed by Servicer Performance Guarantor in writing.

  • Servicer agrees to comply with all applicable Data Protection Laws, and to protect and maintain the privacy of such Servicer Performance Guarantor Data accordingly.

  • Servicer shall immediately report to Servicer Performance Guarantor any unauthorized disclosure or use of or any unauthorized access to any Servicer Performance Guarantor Data in Servicer’s custody or under Servicer’s control.

Related to Servicer Performance Guarantor Data

  • 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).

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

  • Master Servicer Event of Default wherever used herein, means any one of the following events:

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

  • Servicer Custodial Account The separate Eligible Account or Accounts created and maintained by the Servicer pursuant to Section 3.08(b).

  • Back-Up Servicing Agreement means that certain Back-Up Servicing Agreement to be entered into by and among the Company, the Administrative Agent and the Back-Up Servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.

  • Master Servicer Collection Account The trust account or accounts created and maintained pursuant to Section 4.02, which shall be denominated "Xxxxx Fargo Bank, N.A. as Master Servicer for HSBC Bank USA, National Association, as Trustee f/b/o holders of Xxxxxxx Xxxxx Mortgage Investors, Inc., Mortgage Pass-Through Certificates, MANA Series 2007-OAR4 - Master Servicer Collection Account." The Master Servicer Collection Account shall be an Eligible Account.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

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

  • Backup Servicing Agreement means the Amended and Restated Backup Servicing Agreement dated as of the Closing Date among the Borrower, the Servicer, the Administrative Agent and the Backup Servicer, as amended by that certain Amendment No. 1 to Backup Servicing Agreement dated as of April 14, 2009, as the same may from time to time be further amended, restated, supplemented, waived or modified.

  • Required Special Servicer Rating means with respect to a special servicer (i) in the case of Fitch, a rating of “CSS3”, (ii) in the case of S&P, such special servicer is on S&P’s Select Servicer List as a U.S. Commercial Mortgage Special Servicer, (iii) in the case of Xxxxx’x, such special servicer is acting as special servicer for one or more loans included in a commercial mortgage loan securitization that was rated by Xxxxx’x within the twelve (12) month period prior to the date of determination, and Xxxxx’x has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage loans, (iv) in the case of Morningstar, such special servicer has a ranking by Morningstar equal to or higher than “MOR CS3” as a special servicer, provided that if Morningstar has not issued a ranking with respect to such special servicer, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by a Rating Agency within the twelve (12) month period prior to the date of determination, and Morningstar has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities, (v) in the case of KBRA, KBRA has not cited servicing concerns of such special servicer as the sole or material factor in any qualification, downgrade or withdrawal of the ratings (or placement on “watch status” in contemplation of a ratings downgrade or withdrawal) of securities in a transaction serviced by such special servicer prior to the time of determination, and (vi) in the case of DBRS, such special servicer is acting as special servicer in a commercial mortgage loan securitization that was rated by DBRS within the twelve (12) month period prior to the date of determination and DBRS has not downgraded or withdrawn the then-current rating on any class of commercial mortgage securities or placed any class of commercial mortgage securities on watch citing the continuation of such special servicer as special servicer of such commercial mortgage securities as a material reason for such downgrade or withdrawal.

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.