Servicing and Administration Agreement definition

Servicing and Administration Agreement. With respect to any Series, as specified in the related Terms Indenture, any agreement separate from the related Terms Indenture (or, if more than one, all such separate agreements collectively), together with all attachments thereto, entered into by the Issuer and/or the Indenture Trustee with one or more other parties, pursuant to which a servicer, a master servicer, a special servicer, an MBS administrator or a REMIC administrator has agreed to perform the duties specified therein incident to the servicing and administration of one or more items of Mortgage Collateral, as such agreement or agreements may be amended or modified from time to time.
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Servicing and Administration Agreement. As defined in Section 9.
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Examples of Servicing and Administration Agreement in a sentence

  • Deposits to and disbursements from such other Accounts, and investments of amounts held therein from time to time, shall be made as provided in the related Terms Indenture or any related Servicing and Administration Agreement.

  • All claims on and draws under any Enhancement in respect of any Series shall be made by the Indenture Trustee or other specified Person in accordance with the applicable Terms Indenture and/or any applicable Servicing and Administration Agreement.

  • The related Terms Indenture and any Servicing and Administration Agreement specified therein shall have been executed by all parties thereto.

  • Unless otherwise provided in the related Terms Indenture, the Issuer shall not have any responsibility or liability for any action or failure to act by a servicer, a master servicer, a special servicer, an MBS administrator or a REMIC administrator under such Servicing and Administration Agreement and shall not be obligated to supervise the performance of any such party thereunder.

  • The Indenture Trustee or such other Paying Agent shall make deposits to and disbursements from the Bond Account for a Series, and shall invest any and all amounts held therein from time to time, as provided in the related Terms Indenture and any applicable Servicing and Administration Agreement.

  • The related Terms Indenture and/or such Servicing and Administration Agreement may provide that such rights and powers may be exercised directly by the Holders of Bonds of the Controlling Class or, alternatively, indirectly through the Indenture Trustee, a servicer, a master servicer, a special servicer, an MBS administrator and/or another representative.

  • Pursuant to the Investment Servicing and Administration Agreement (as hereinafter defined), the Lender has appointed Wells Fargo Bank Minnesota, National Association as investment xxxxxer to, among other things, enforce certain rights of the Lender under the terms of this Agreement.

  • Upon any such waiver of an S&A Event of Default, such S&A Event of Default shall cease to exist and shall be deemed to have been remedied for every purpose hereunder and under such Servicing and Administration Agreement.

  • As and when required by the related Terms Indenture or any applicable Servicing and Administration Agreement, the Issuer, the Indenture Trustee and the Paying Agent, as applicable, shall establish and maintain such other Accounts (in addition to the Bond Account) in respect of a Series as are specified by, and in such manner and amounts and with such depository institutions as are specified in, the related Terms Indenture and/or any applicable Servicing and Administration Agreement.

  • No such waiver shall extend to any subsequent or other S&A Event of Default under such Servicing and Administration Agreement or impair any right consequent thereon except to the extent expressly so waived.

Related to Servicing and Administration Agreement

  • Swap Administration Agreement As defined in Section 4.08(b).

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee, as amended or supplemented from time to time.

  • Other Pooling and Servicing Agreement With respect to a Serviced Companion Loan or the related Serviced Loan Combination, the pooling and servicing agreement or other comparable agreement governing the creation of any related Other Securitization Trust and the issuance of securities backed by the assets of such Other Securitization Trust, but not the servicing of such Serviced Companion Loan or Serviced Loan Combination or the related Mortgage Loan.

  • Pooling and Servicing Agreement The pooling and servicing agreement among Wells Fargo Asset Securities Corporation, as depositor, Wells Fargo Xxxx, N.A., as master servicer, the Trustee, and, if appxxxxxle, the Trust Administrator, relating to the issuance of the Mortgage Pass-Through Certificates.

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Transfer and Servicing Agreement means the Transfer and Servicing Agreement, dated as of the Closing Date, among the Issuer, the Depositor and Cellco as Servicer, Marketing Agent and Custodian, as amended, restated, supplemented or modified from time to time.

  • Countrywide Servicing Agreement The Seller's Warranties and Servicing Agreement, dated as of September 1, 2002, as amended on January 1, 2003, between the Seller and Countrywide, attached hereto as Exhibit H-1, as modified by the related Assignment Agreement.

  • Administration Agreement means the Administration Agreement, dated as of the Closing Date, between the Administrator, the Issuer and the Indenture Trustee, as the same may be amended and supplemented from time to time.

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • 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.

  • Custodial Agreement An agreement that may be entered into among the Company, the Master Servicer, the Trustee and a Custodian pursuant to which the Custodian will hold certain documents relating to the Mortgage Loans on behalf of the Trustee. Custodian: A custodian appointed pursuant to a Custodial Agreement.

  • and Servicing Agreement Dated: Series#: Account#: Pool#: Loan#: MIN#: Borrower Name(s): Reason for Document Request: (circle one) Mortgage Loan Prepaid in Full Mortgage Loan Repurchased "We hereby certify that all amounts received or to be received in connection with such payments which are required to be deposited have been or will be so deposited as provided in the Pooling and Servicing Agreement." Residential Funding Corporation Authorized Signature ****************************************************************************** TO CUSTODIAN/TRUSTEE: Please acknowledge this request, and check off documents being enclosed with a copy of this form. You should retain this form for your files in accordance with the terms of the Pooling and Servicing Agreement.

  • Primary Servicing Agreement means, with respect to each Primary Servicer, the agreement between such Primary Servicer and the General Master Servicer, dated as of December 1, 2006, under which such Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Non-Lead Servicing Agreements means the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

  • Master Services Agreement means the master services agreement among the Service Providers, the Partnership, BRELP, the Holding Entities and others;

  • Servicing Addendum The terms and conditions attached hereto as Exhibit 8 which will govern the servicing of the Mortgage Loans by Seller during the Preliminary Servicing Period.

  • Basic Servicing Agreement means the Amended and Restated Servicing Agreement, dated as of March 1, 2009, among MBFS USA, as lender and as servicer, Daimler Trust, as titling trust, and Daimler Title Co., as collateral agent.

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

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

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Subservicing Agreements As defined in Section 3.02(a).

  • Delegation Agreement means any separate agreement entered into between the Custodian and the Fund or its authorized representative with respect to certain matters concerning the appointment and administration of Subcustodians delegated to the Custodian pursuant to Rule 17f-5 under the 1940 Act.

  • Servicing Arrangement is defined in Section 11.06(b).