Subservicer Instruction Letter definition

Subservicer Instruction Letter means a letter agreement between Seller and each Subservicer substantially in the form of Exhibit H.

Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance agreed to by Seller and Administrative Agent.

Subservicer Instruction Letter means a letter agreement among the Borrower, the Administrative Agent and an Approved Subservicer substantially in the form of Exhibit B to this Agreement or otherwise in form and substance reasonably satisfactory to the Administrative Agent.

Examples of Subservicer Instruction Letter in a sentence

• The Seller shall, prior to the initial Purchase Date of Purchased Loans serviced by any Subservicer, provide to the Buyers a Subservicer Instruction Letter addressed to and agreed to by such Subservicer of the related Purchased Loans.

• Seller shall, prior to the initial Purchase Date of Mortgage Loans serviced by each Subservicer, provide to Buyers a Subservicer Instruction Letter addressed to and agreed to by any Subservicer of the related Purchased Loans.

• The Danish Association of The Confederation of Managers and Executives Danish Employers Agreement concerning the imple- mentation of the Directive on fixed-term work With reference to the Agreement made by DA and LH concerning imple- mentation of the EU Directive of 15 December 1998, the following has been agreed with effect from 10 July 2002.

• The Seller shall, prior to the initial Purchase Date of Purchased Loans serviced by any Subservicer, provide to the Buyer a Subservicer Instruction Letter addressed to and agreed to by such Subservicer of the related Purchased Loans.

• The Parties acknowledge and agree that as of the date of this Agreement, Seller has engaged Cenlar FSB as Subservicer to perform Seller’s obligations to interim service a portion of the Purchased Mortgage Loans, and Buyer consents to Cenlar FSB acting as Subservicer, provided that Cenlar FSB and Seller execute a Subservicer Instruction Letter.

More Definitions of Subservicer Instruction Letter

Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance reasonably agreed to by the Seller and the Agent. “Subsidiary” means any corporation, association or other business entity (including a trust) in which any Person (directly or through one or more other Subsidiaries or other types of intermediaries), owns or controls: (a) more than fifty percent (50%) of the total voting power or shares of stock entitled to vote in the election of its directors, managers or trustees; or (b) more than ninety percent (90%) of the total assets and more than ninety percent (90%) of the total equity through the ownership of capital stock (which may be non-voting) or a similar device or indicia of equity ownership. “Supplemental Papers” means the Loan Papers for a particular Loan other than its Basic Papers. “Swing Line” means the short term revolving discretionary Mortgage Loans purchase facility provided for in Section 2.4 under which Comerica Bank may, in its sole discretion, fund (as “Swing Line Purchases”) purchases of Eligible Loans to bridge the Seller’s daily Transactions. “Swing Line Buyer” means Comerica Bank in its role as Buyer for Swing Line Transactions. “Swing Line Limit” means Fifty Million and 00/100 Dollars ($50,000,000). “Swing Line Refunding Due Date” for each Transaction funded under the Swing Line means the Business Day on which the Swing Line Buyer shall elect to have such Swing Line Transaction funded by the Buyers pursuant to Section 2.5, or on the next Business Day thereafter if the Buyers are notified of such request after 3:30 p.m. (Detroit, Michigan time) on such Business Day, provided that the Swing Line Refunding Due Date shall occur not less frequently than once per week. “Swing Line Transaction” means a Transaction funded by the Swing Line Buyer under the Swing Line. “Taxes” is defined in Section 7.1. 29 Bodman_16842095_7

Subservicer Instruction Letter has the meaning set forth in Section 7.01(r). “Subservicing Agreement” means any subservicing agreement between Borrower and any Subservicer. Any Subservicing Agreement between Borrower and Subservicer with respect to the Xxxxxxx Xxx Servicing Contract and the Pledged Servicing Rights shall be an Approved Subservicing Agreement and shall be deemed a Subservicing Agreement.

Subservicer Instruction Letter has the meaning set forth in Section 7.01(r).

Subservicer Instruction Letter means a letter agreement among the Guarantor, the Administrative Agent and an Approved Subservicer substantially in the form of Exhibit B to this Agreement or otherwise in form and substance reasonably satisfactory to the Administrative Agent.

Subservicer Instruction Letter means a letter agreement between Seller and each Subservicer in a form mutually acceptable to Buyer and Seller. “Subservicing Agreement” is defined in subparagraph 12(b)(ii). “Subsidiary” means any corporation, association or other business entity in which more than fifty percent (50%) of the total voting power or shares of stock (or equivalent equity interest)

Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance agreed to by Seller and Administrative Agent. “Subsidiary” means any corporation, association or other business entity (including a trust) in which any Person (directly or through one or more otherSubsidiaries or other types of intermediaries), owns or controls:

Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance agreed to by Seller andAgent.