Tax Service Contract definition

Tax Service Contract. As defined in Section 3.09(a).

Tax Service Contract. A transferable contract maintained for the Mortgaged Property with a tax service provider for the purpose of obtaining current information from local taxing authorities relating to such Mortgaged Property.

Tax Service Contract. A life of loan tax service contract maintained for a Mortgaged Property with a tax service provider for the purpose of obtaining current information from local taxing authorities relating to such Mortgaged Property.

Examples of Tax Service Contract in a sentence

• Each Tax Service Contract shall be assigned to the Trustee, or its designee, at the Servicer's expense in the event that the Servicer is terminated as Servicer of the related Mortgage Loan.

• Each Tax Service Contract shall be assigned to the Trustee, or a successor Servicer at the applicable Servicer's expense in the event that a Servicer is terminated as Servicer of the related Mortgage Loan.

• Each Tax Service Contract shall be assigned to the Trustee, or a successor Servicer at the Servicer's expense in the event that the Servicer is terminated as Servicer of the related Mortgage Loan.

• The Seller has obtained a Tax Service Contract with an Approved Tax Service Provider on each Mortgage Loans and such contract is assignable to the Purchaser.

• The Company has obtained a life of loan, transferable real estate Tax Service Contract with an Approved Tax Service Contract Provider on each Mortgage Loan and such contract is assignable without penalty, premium or cost to the Purchaser.

More Definitions of Tax Service Contract

Tax Service Contract. A paid-in-full, life-of-loan tax service contract as described in Section 2.08 hereof.

Tax Service Contract. A paid-in-full, life-of-loan tax service contract with First American Real Estate Tax Service, as described in Section 2.08 hereof.

Tax Service Contract. A contract, transferable to a nationally recognized tax service provider, maintained for the Mortgaged Property for the purpose of obtaining current information from local taxing authorities relating to such Mortgaged Property.

Tax Service Contract. A life of loan, transferable real estate tax service contract.

Tax Service Contract. As defined in Section 3.09(a). Telerate Page 3750: The display page currently so designated on the Bridge Telerate Service (or such other page as may replace that page on that service for displaying comparable rates or prices).

Tax Service Contract means a paid-in-full, life-of-loan tax service contract with Fidelity National Tax Service or another tax service provider acceptable to the Majority Investors in their sole discretion (exercised in good faith) with respect to a Mortgage Loan.

Tax Service Contract. A paid-in-full, life-of-loan tax service contract with TransAmerica Real Estate Tax Service, Inc. or such other tax service provider acceptable to the Servicer, as described in Section 2.10 hereof.