Servicing Assets definition

Servicing Assets. As defined in Section 5.4(c)(i)(A).

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Servicing Assets. As defined in Section 2.05(b) hereof.

Servicing Assets means the personnel, equipment, facilities (or leases relating thereto) and other assets required to operate as a residential mortgage loan servicer that are currently being utilized by the Applicable Servicer

Examples of Servicing Assets in a sentence

• In connection therewith, Purchasers shall provide Seller with the same information and opportunity to submit a bid to purchase the Servicing Assets as it provides to other prospective bidders.

• If Seller is the purchaser selected by Holdings, Seller shall purchase the Servicing Assets pursuant to a sale agreement in the form set forth in Exhibit T-2 hereof on or before the later of (x) the applicable Effective Date of Termination and (y) the fifteenth day (or, if Seller needs to obtain financing, the thirtieth day) following Holdings’ delivery of notice to Seller that Holdings has selected Seller’s bid.

• Existing SLM Holdco shall cause SMI to contribute, assign, transfer, convey and deliver to Private ServiceCo, and Private ServiceCo shall accept, from SMI, all of the direct or indirect right, title and interest in and to all of the Private Loan Servicing Assets.

• In order to exercise such option, Seller shall give written notice to Purchasers setting forth the price Seller is willing to pay to purchase the Servicing Assets on before the 10th Business Day after Seller’s receipt of notice from Purchasers of their intent to seek an MSR Sale.

• If Seller is the purchaser selected by Holdings, Seller shall purchase the Servicing Assets pursuant to a sale agreement in the form set forth in Exhibit T-2 hereof within fifteen days (or, if Seller needs to obtain financing, thirty days) of Holdings’ delivery of notice to Seller that Holdings has selected Seller’s bid.

More Definitions of Servicing Assets

Servicing Assets means the Servicing Rights, Servicing Fees and any other financial assets of the Non-Debtor Borrowers and OAC LLC.

Servicing Assets means all of Seller’s mortgage servicing rights.

Servicing Assets. The assets of the Credit Card Business necessary or appropriate for the servicing of the Accounts.

Servicing Assets. Net” (as shown on the Borrower’s audited balance sheet), and (y) deferred charges not to exceed $1,000,000 incurred by Borrower in connection with this Agreement and the transactions contemplated hereby, any items not included in clauses (i) through (vi) above which are treated as intangibles in conformity with GAAP.

Servicing Assets shall have the meaning set forth in Section 2.1(b).

Servicing Assets means, at any time, the portfolio of outstanding residential mortgage loans with respect to which the Company has direct servicing rights.

Servicing Assets means, collectively, the MH Servicing Assets and the Non-MH Servicing Assets.