Servicing Requirements. With respect to each Mortgage Loan, the applicable provisions of the related Servicing Agreement with respect to the servicing, control and administration of such Mortgage Loan.
Servicing Requirements means prudent practice and industry standards together with any contractual, legal or regulatory obligation of the Company or any Subsidiary relating to the Serviced Loans or any Loan previously serviced by the Company or any Subsidiary.
Servicing Requirements. With respect to each Mortgage Loan, the applicable provisions of the related MBS Servicing Agreement with respect to the servicing, control and administration of such Mortgage Loan.
Examples of Servicing Requirements in a sentence
Section 11.1 General Servicing Requirements..............................
Section 11.1 General Servicing Requirements...................................
Section 11.1 General Servicing Requirements................................
Section 11.1 General Servicing Requirements..................................
Seller and Purchaser shall work jointly to provide servicing transfer notices and any other similar notices to Mortgagors if and as may be required under the Applicable Servicing Requirements, including the Federal Real Estate Settlement Procedures Act codified § 2601 et seq.
More Definitions of Servicing Requirements
Servicing Requirements means prudent practice and industry standards together with any contractual, legal or regulatory obligation of FMAC or any FMAC Subsidiary relating to the Serviced Loans or any Loan previously serviced by FMAC or any FMAC Subsidiary.
(b) Neither FMAC nor any FMAC Subsidiary has any Portfolio Loan. All Loans owned by FMAC or any FMAC Subsidiary are Loans Held for Sale, except Loans held as collateral for a securitization.
(c) The Loan Documents evidencing each Loan (other than Serviced Loans that have never been owned by FMAC, an FMAC Subsidiary or Bankers Mutual, a Mortgage Banking Corporation ("Bankers Mutual")) that is currently outstanding constitute the legal, valid and binding obligations of the parties thereto and are enforceable against such parties in accordance with their terms, except as the enforceability thereof may be limited by bankruptcy, insolvency, moratorium or other similar laws affecting the rights of lending institutions or creditors generally and by general equitable principles. No Loan is subject to any legally enforceable right of rescission, set-off, counterclaim or defense, including the defense of usury or, to the knowledge of FMAC, lack of legal capacity of any borrower or guarantor, nor will the operation of any of the terms of any Loan, or the exercise of any legally enforceable right thereunder, render any Loan or any of the Loan Documents unenforceable, in whole or in part, or subject to any right of rescission, set-off, counterclaim or defense, including the defense of usury or, to the knowledge of FMAC, lack of legal capacity of any borrower or guarantor, and no such right of rescission, set-off, counterclaim or defense has been asserted with respect to any Loan Held for Sale or any Loan for which there is any recourse against, or responsibility or exposure of, FMAC or any FMAC Subsidiary.
(d) The Loan Documents for each Loan (other than Serviced Loans that have never been owned by FMAC, an FMAC Subsidiary or Bankers Mutual) have been duly executed and recorded, or are in the process of being recorded, and are in due and proper form, and the information contained therein was true, accurate and complete in all material respects at the time such Loan documents were executed. FMAC has at all times maintained the Loan Documents in all material respects in accordance with Investor Requirements, Servicing Requirements and otherwise in accordance with all legal and regulatory requirements and contractual obligations.
(e) Except a...
Servicing Requirements means the servicing of the lubricated parts of the engine, transmission and the differential components of your Asset as per the servicing schedule recommended by the manufacturer of the Asset.
Servicing Requirements means the provisions of the Mortgage Servicing Agreements and Investor Requirements which are identified on EXHIBIT B hereto and which set forth the standards and procedures Purchaser shall apply in its servicing of the Mortgage Loans.
Servicing Requirements. With respect to the Securitized Portfolio and Non-Securitized Portfolio, the provisions of the related P&S Agreement or Servicing Agreement, as applicable, with respect to the servicing, control and administration of the related Assets.
Servicing Requirements means prudent practice and industry standards together with any contractual, legal or regulatory obligation of PSB or any PSB Subsidiary relating to the Serviced Loans or any Loan previously serviced by PSB or any PSB Subsidiary.
Servicing Requirements means prudent practice in line with industry standards together with any contractual, legal or regulatory obligation(s) of Matsco or any Matsco Subsidiary relating to the Serviced Receivables or any Receivable previously serviced by Matsco or any Matsco Subsidiary for which Investor Documents are still in effect.
Servicing Requirements shall have the meaning set forth in Section 5.30(a).