Examples of Shipping Request in a sentence
So long as no Default or Event of Default is continuing, the Borrower or the Servicer (on behalf of the Borrower) may from time to time submit a Shipping Request that would permit a sale of Mortgage Loan Collateral to, or the pooling of Mortgage Loan Collateral for, an Approved Investor, pursuant to a Take-Out Commitment.
If the number of Files to be shipped pursuant to any one or more of the foregoing provisions of this Section 3.10 is one hundred fifty (150) or less and the Shipping Request is received by 10:30 a.m. (Denver time) on a Business Day, the Buyer will use its best efforts to ship the Files on that same Business Day.
In the services architecture the participants are bounded to the roles defined in the service contracts through the collaboration uses purchase (instance of Secure Purchase), ship (instance of Shipping Request) and status (instance of the Ship Status).
If Administrative Agent has no actual knowledge that any of the above conditions have not been satisfied, then Administrative Agent shall use its best efforts to ship the Collateral Documents it holds for those Mortgage Loans to that Approved Investor, or its servicer or custodian, under an appropriate Bailee Letter by the end of the Business Day following the date of receipt of the applicable Shipping Request.
The Bank shall use its best efforts to review the Shipping Request and advise Company of its approval or disapproval on within three (3) Business Days of its receipt.