Servicing Systems definition

Servicing Systems. As defined in Section 3.2.
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Servicing Systems. As defined in Section 5.
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Servicing Systems the equipment, property and operating systems itemized on Schedule 5.01.
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Examples of Servicing Systems in a sentence

  • Any circuit or connection between NAVAIR and/or DoD site and the Contractor site shall be provisioned via the Defense information Security Agency and comply with CJCSI 6212.11B; · Servicing Systems from a Remote Contractor Site.

  • Any circuit or connection between NAVAIR and/or DoD site and the Contractor site shall be provisioned via the Defense information Security Agency and comply with CJCSI 6212.11B;· Servicing Systems from a Remote Contractor Site.

  • Company shall service the Program following the Closing Date by using the accounts receivable, credit, collections, call center and Servicing Systems existing on the Effective Date, as Company may alter such Systems from time to time in accordance with this Agreement.

  • XXXX - Loan Servicing Systems · SBMS - Loan Originations System · XXXX Loan Accounting System · Staging DB Oracle Database · CTrack · Tombstone · SBL Helpdesk These applications will include any proprietary and associated interfaces, web services and scripts.

  • These expenses relate to the shared costs in maintaining the Shared Facilities including landscaping, snow removal, utilities and general maintenance of the Outdoor Walkway, the Shared Visitor Parking Facilities at grade, Shared Servicing Systems, the Common Interior Roadway, Private Entrance Roadway, and associated facilities and equipment, located at grade level.

  • The Purchaser shall reimburse the Servicer for any reasonable out-of-pocket expenses incurred in connection with the Servicer's implementation of the Servicing Systems.

  • Notwithstanding Sections 4.02(d) and (e) hereof, the Purchase Price shall be adjusted by the written agreement of the parties hereto to reflect (i) changes to the Servicing Systems made pursuant to Section 5.01(b) hereof, (ii) loans described in Section 5.01(c) hereof which are paid in full prior to the Closing or (iii) more accurately reflect the status of the Riverview loan.

  • Recording LMEs serves various systems including the Comprehensive Loan Administration and Servicing Systems (CLASS), General Loans Accounting System (GLAS), Loan Financial Information System (LFIS), Grant Financial Information System (GFIS), and eOperations (eOps).

  • The Servicers shall ensure that the Servicing Systems have full physical security and firewall provisions to present unauthorized access to the servicing systems.

  • Today almost all selling brokers (dual agents excepted) are buyer’s brokers; that is, they owe their fiduciary duties to the buyer and not the seller.Likewise, when the cooperating broker is the agent of the listing broker, the negligent acts of the cooperating broker may be imputed to the listing broker and the listing broker may be liable to third parties, again under the legal theory of respondeat superior.

Related to Servicing Systems

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

  • 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.

  • Servicing Portfolio means, as to any Person, the unpaid principal balance of Mortgage Loans serviced by that Person under Servicing Contracts, minus the principal balance of all Mortgage Loans that are serviced by that Person for others under subservicing arrangements.

  • Master Servicer Servicing Personnel The divisions and individuals of the Master Servicer who are involved in the performance of the duties of the Master Servicer under this Agreement.

  • Special Servicer Servicing Personnel The divisions and individuals of the Special Servicer who are involved in the performance of the duties of the Special Servicer under this Agreement.

  • Servicing Procedures means the servicing procedures of Ford Credit relating to retail installment sale contracts originated or purchased by Ford Credit as the procedures may change.

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

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • Servicing In accordance with Regulation AB, the act of servicing, managing or administering the Mortgage Loans or any other assets of the Trust by an entity (other than the Certificate Administrator and the Trustee) that meets the definition of “servicer” set forth in Item 1101 of Regulation AB and is subject to the disclosure requirements set forth in Item 1108 of Regulation AB. For clarification purposes, any uncapitalized occurrence of this term shall have the meaning commonly understood by participants in the commercial mortgage-backed securities market.

  • Servicing Rights means rights of any Person to administer, service or subservice, the Purchased Mortgage Loans or to possess related Records.

  • 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).

  • Servicing Contract means, with respect to any Person, the arrangement, whether or not in writing, under which that Person has the right to service Mortgage Loans.

  • Other Servicing Agreements The Servicing Agreements other than the WFHM Servicing Agreement.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • 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.

  • GreenPoint Servicing Agreement Solely with respect to the GreenPoint Mortgage Loans, the Master Loan Purchase and Servicing Agreement, dated as of March 1, 2003, between the Transferor, as purchaser, and GreenPoint, as seller and as servicer, and as the same may be amended further from time to time, and any assignments and conveyances related to the GreenPoint Mortgage Loans.

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

  • 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.

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

  • Servicing Standard shall have the meaning assigned to such term or an analogous term in the Lead Securitization Servicing Agreement. The Servicing Standard in the Lead Securitization Servicing Agreement shall require, among other things, that each Servicer, in servicing the Mortgage Loan, must take into account the interests of each Note Holder.

  • Servicing Agreements Each of the Servicing Agreements executed with respect to a portion of the Mortgage Loans by one of the Servicers, which agreements are attached hereto, collectively, as Exhibit L.

  • 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.

  • Servicer means the Master Servicer or the Special Servicer, as the context may require.

  • Back-Up Servicing Agreement has the meaning specified in the Servicing Agreement.

  • Customary Servicing Procedures means procedures (including collection procedures) that the Assuming Institution (or, to the extent a Third Party Servicer is engaged, the Third Party Servicer) customarily employs and exercises in servicing and administering mortgage loans for its own accounts and the servicing procedures established by FNMA or FHLMC (as in effect from time to time), which are in accordance with accepted mortgage servicing practices of prudent lending institutions.