Subservicer Instruction Letter definition
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 between Seller and each Subservicer substantially in the form of Exhibit H.
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.
Seller shall, prior to the initial Purchase Date of Mortgage Loans serviced by any Subservicer, provide to Buyers a Subservicer Instruction Letter addressed to and agreed to by such Subservicer of the related Purchased Loans.
The prices for Products will be those set out in an accepted purchase order or (if relevant) in Tolomatic’s quotation/propos- al accepted by Buyer.
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.
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 means a letter agreement between Seller and each Subservicer substantially in the form of Exhibit G or such other form as shall be reasonably acceptable to Buyer.
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 Freddie Mac Servicing Contract and the Pledged Servicing Rights shall be an Approved Subservicing Agreement and shall be deemed a Subservicing Agreement.
Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance agreed to by Seller andAgent.
Subservicer Instruction Letter means an instruction letter to a Subservicer in form and substance reasonably agreed to by the Seller and the Agent. “Subservicer Field” means, with respect to an eNote, the field entitled, “Subservicer” in the MERS eRegistry. “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. “Super Jumbo Mortgage Loan” means a Mortgage Loan that (a) would be a Conforming Mortgage Loan except that the original principal amount is more than the maximum Agency loan amount, more than Two Million Dollars ($2,000,000) and less than Three Million Dollars ($3,000,000), (b) the obligor of such Mortgage Loan has a FICO Score of not less than 680, and (c) is not a Jumbo Mortgage Loan. “Super Jumbo Loan Sublimit” is defined in Section 4.2(c). “Supplemental Papers” means the Loan Papers for a particular Loan other than its Basic Papers.
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: