Servicing Tape definition

Servicing Tape shall have the meaning specified in Exhibit III-A hereto.

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Servicing Tape shall have the meaning specified in the definition of “Monthly Reporting Package.”

Servicing Tape or to the extent any Servicer does not provide any such Servicing Tape, a remittance report containing the servicing information that would otherwise be set forth in the Servicing Tape, (c) a listing of all Purchased Loans reflecting (i) the payment status of each Purchased Loan and any material changes in the financial or other condition of the related Mortgagor, Purchased Loan or the Mortgaged Property collateralizing such Purchased Loan, including, without limitation, any new or ongoing litigation, and (ii) to either Seller’s actual knowledge, any representation and/or warranty breaches under the underlying loan documentation related to any Purchased Loan, (d) a listing of any existing defaults, or events that potentially may become defaults, under the Purchased Loan Documents related to each Purchased Loan, (e) all other information as Buyer, from time to time, may reasonably request with respect to the applicable Seller or any Mortgagor, Purchased Loan or Mortgaged Property collateralizing any Purchased Loan; provided that any item that is required to be delivered pursuant to this clause (e), is equally able to be required to be delivered to the applicable Seller at the request of such Seller or otherwise pursuant to the Purchased Loan Documents related to such Purchased Loan, as applicable, and (f) to the extent that there exists a mezzanine loan related to a Purchased Loan, all notices and other reporting items received by the applicable Seller or its Affiliates in connection with such mezzanine loan, a listing of any existing “events of default” (however defined), defaults, or events that potentially may become defaults, under the related mezzanine loan documentation, and a listing of any existing “events of default” (however defined), defaults, or events that potentially may become defaults under any intercreditor documentation relating to such mezzanine loan and the applicable Purchased Loan.

Examples of Servicing Tape in a sentence

• At the end of each Business Day, all servicing data related to the Mortgage Loans will be saved in an electronic medium (the "SLS Servicing Tape") in a format that is easily uploaded to the system of the Backup Servicer.

• To the knowledge of the Company, the terms of the note, bond, deed of trust and mortgage for each such Loan have not been impaired, waived, altered or modified in any respect from the date of their origination except by a written instrument which written instrument has been recorded if recordation is necessary to protect the interests of the owner thereof and duly noted in the loan file and on the Servicing Tape (as defined below).

• At the end of each Business Day, all servicing data related to the Mortgage Loans serviced by SLS will be saved in an electronic medium (the "SLS Servicing Tape") in a format that is easily uploaded to the systems of both the Master Servicer and the Backup Servicer.

• SLS Servicing Tape; Storage and Access to Servicing Tape........................

• The Seller shall deliver the Servicing Tape to the Buyer within 2 Business Days after the Servicing Cut-off Date.

• The information contained in the GPF Servicing Tape is, and the information contained in the Post-Signing GPF Servicing Tape shall be, complete and correct in all material respects as of the applicable dates for such information set forth in the applicable clauses of the definition of “GPF Servicing Tape” with respect to each Serviced Loan of any GPF Party as of such applicable dates.

• The unpaid principal balance per the Post-Signing GPF Servicing Tape shall be greater than $4.68 billion, and CGL shall have received a certificate of the Chief Executive Officer of GPF and of the Chief Executive Officer of W&D certifying as to such effect.

• SLS Servicing Tape; Storage and Access to Servicing Tape.......................

• The Borrowers shall prepare, as of the 15th calendar day (or if such 15th day is not a Business Day, the Business Day immediately preceding such 15th day) of each month (the "Servicing Cut-Off Date"), a computer readable magnetic tape containing servicing information, including without limitation those fields reasonably requested by the Lender from time to time, on a loan-by-loan basis, with respect to the Mortgage Loans serviced hereunder by the Borrowers or any Servicer (the "Servicing Tape").

• The information contained in the CGL Servicing Tape is, and the information contained in the Post-Signing CGL Servicing Tape shall be, complete and correct in all material respects as of the applicable dates for such information set forth in the applicable clauses of the definition of “CGL Servicing Tape” with respect to each Serviced Loan serviced by CGL as of such applicable dates.

More Definitions of Servicing Tape

Servicing Tape shall have the meaning specified in Exhibit III-A hereto. “Significant Purchased Asset Decision” shall mean:

Servicing Tape. The meaning specified in the definition of “Monthly Statement”.