Subsequent Sales Date definition
Examples of Subsequent Sales Date in a sentence
If any Security Instrument or assignment of a Security Instrument to the related Servicer, the Trustee, or the Custodian, as applicable, or any intervening assignment is in the process of being recorded on the applicable Subsequent Sales Date, Saxon shall cause each such original recorded document, or a certified copy thereof, to be delivered to the Custodian promptly following its recordation.
Saxon will deliver or cause to be delivered to each Servicer, on or before the applicable Subsequent Sales Date, a Servicer File with respect to each Mortgage Loan serviced by such Servicer.
In connection with any such sale, Saxon shall deliver, or cause to be delivered, to the Trustee or the Custodian on or before the applicable Subsequent Sales Date, a Trustee Mortgage Loan File with respect to each Mortgage Loan.
With respect to each Subsequent Sales Date, the Master Servicer shall determine the Overfunded Interest Amount.
With respect to each Subsequent Sales Date the Master Servicer shall determine the Overfunded Interest Amount.
Following any such certification the parties shall make any adjustments necessary in respect of the royalties already paid to MRC in relation to the year in question.
Not later than two Business Days prior to the Closing Date (or a Subsequent Sales Date) Aegis Mortgage shall deliver to _____________, as custodian (the "Custodian"), each of the Mortgage Loan Documents required to be included in the Mortgage File.
The fact that Aegis, the Trustee or a designee of either entity has conducted or has failed to conduct any partial or complete examination of the Mortgage Loan Documents prior to the Closing Date (or a Subsequent Sales Date) shall not affect the rights of Aegis (or any assignee or successor thereof) to demand repurchase or other relief as provided herein.