Servicing Agent Agreement definition
Examples of Servicing Agent Agreement in a sentence
The Borrower and CDC authorize SBA or its designee, and the CSA, to complete any terms of the Note, Debenture, Servicing Agent Agreement, and any other loan documents which are unknown at the time of execution as soon as such terms become known.
Should the Note Servicing Agent ever become unwilling or unable to perform the duties outlined in the Note Servicing Agent Agreement, then Depositor understands and agrees that all duties of the Note Servicing Agent shall revert to Depositor until a successor Agent is named.
Should the Note Servicing Agent ever become unwilling or unable to perform the duties outlined in the Note Servicing Agent Agreement, then the Depositor understands and agrees that all duties of the Note Servicing Agent shall revert to the Depositor until a successor Agent is named.
Should the Note Servicing Agent ever become unwilling or unable to perform the duties outlined in the Note Servicing Agent Agreement, then you understand and agree that all duties of the Note Servicing Agent shall revert to you until a successor Agent is named.
Should the servicing agent ever become unwilling or unable to perform the duties outlined in the Servicing Agent Agreement, the Account Holder understands and agrees that he or she must appoint a successor servicing agent in accordance with the provision of this section.
This Agreement supersedes and terminates, as of the date hereof, the Shareholder Servicing Agent Agreement dated December 19, 1985, as modified, among you, MFS and MFS Government Mortgage Fund.
If the Swing Bank, in its sole discretion, elects to make the requested Swing Loan, the Swing Loan shall be made on the date specified in the notice or the Request for Advance and such notice or Request for Advance shall specify (i) the amount of the requested Swing Loan which shall be in a principal amount of no less than $100,000 and in an integral multiple of $100,000 in excess thereof, and (ii) instructions for the disbursement of the proceeds of the requested Swing Loan.
Borrower will make payments to the Lender in accordance with the terms and conditions and instructions contained in the Central Servicing Agent Agreement (SBA Form 1506).
All payments under this note shall be applied in this order: (1) to the servicing fees set forth in the Servicing Agent Agreement, (2) to interest, (3) to principal, (4) to the late fee set forth in this Note.
The Monthly Payment includes the monthly principal and interest installment (P & I Amount), and the monthly fees in the Servicing Agent Agreement.