Third Party Servicing Agreement definition

Third Party Servicing Agreement means the KHESLC Servicing Agreement and any other agreement between Access Group and a Third Party Servicer (or among Access Group, the Eligible Lender Trustee and a Third Party Servicer) under which the Third Party Servicer agrees to act as Access Group’s agent in connection with the administration and collection of Financed Student Loans in accordance with the Indenture.
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Third Party Servicing Agreement means the KHESLC Servicing Agreement and any other agreement between Access Group and a Third Party Servicer under which the Third Party Servicer agrees to act as Access Group’s agent in connection with the administration and collection of Portfolio Loans in accordance with the Indenture, but does not include agreements pursuant to which collection agencies attempt to collect delinquent Portfolio Loans or Charged-Off Loans.
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Third Party Servicing Agreement. The pooling and servicing agreements and sale and servicing agreements identified on Schedule 1.01(a)(84) hereto and any related agreements pursuant to which the Mortgage Loans are serviced in each case, as such agreements are amended and restated, but excluding any Derivative Obligations related thereto. The parties may mutually agree in writing to amend Schedule 1.01(a)(84) at any time prior to a Closing Date.
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Examples of Third Party Servicing Agreement in a sentence

  • All Third Party Servicers shall enter into a Third Party Servicing Agreement in substantially the form as that attached in Exhibit 11.

  • ARTICLE XXVII MEANS OF IMPLEMENTATION OF PLAN 27.1 Third Party Servicing Agreement: On or before the Effective Date, the Equity Committee shall execute servicing or sub-servicing agreement(s) with one or more independent third parties which will transition the Debtors' current servicing operations to one or more qualified servicer(s) who will principally assume the servicing functions of the Debtors under the various pooling and servicing agreements for the Debtors' loan portfolio.

  • Each party hereby agrees to cooperate with the other party and any professionals retained by such party with regard to any information or documentation such party may reasonably request in connection with its obligation to provide to the related Trustee and/or depositor an annual statement of compliance in a form required under the related Third Party Servicing Agreement.

  • Each Third Party Servicer is required to pay all expenses incurred by it in connection with its servicing activities under its Third Party Servicing Agreement (including advance payment of premiums for Primary Mortgage Insurance Certificates, if required) and shall not be entitled to reimbursement therefor except as specifically provided in the Third Party Servicing Agreement and not inconsistent with this Agreement.

  • Any such substitution obligations shall remain solely the obligation of the Seller and its affiliates in accordance with the terms of the related Third Party Servicing Agreement.

  • The Purchaser shall not be responsible for any fees or expenses of any Custodian, Trustee, Securities Insurer or back-up servicer required under any applicable Third Party Servicing Agreement incurred or corresponding to any period prior to the Servicing Transfer Date.


More Definitions of Third Party Servicing Agreement

Third Party Servicing Agreement. The written contract between the Master Servicer and any Third Party Servicer relating to servicing and/or administration of certain Third Party Mortgage Loans as provided in Section 3.12.
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Third Party Servicing Agreement means, with respect to any Person, the arrangement, whether or not evidenced in writing, pursuant to which Borrower acts as servicer of mortgage loans, whether or not any such mortgage loan is owned by Borrower.
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Third Party Servicing Agreement means any of the Servicing Agreements identified on Schedule VIII hereto.
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Related to Third Party Servicing Agreement

  • Subservicing Agreement The written contract between the Master Servicer and any Subservicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02, generally in the form of the servicer contract referred to or contained in the Program Guide or in such other form as has been approved by the Master Servicer and the Depositor.

  • Primary Servicing Agreement means the agreement between the applicable Primary Servicer and the Master Servicer, under which such applicable Primary Servicer services the Mortgage Loans set forth on the schedule attached thereto.

  • Interim Servicing Agreement The agreement to be entered into by the Purchaser and the Interim Servicer, providing for the Interim Servicer to service the Mortgage Loans as specified by the Interim Servicing Agreement.

  • Master Servicing Agreement means the master servicing agreement entered into on 20 May 2013 between the Guarantor, the Issuer and the Master Servicer.

  • Sub-Servicing Agreement The written contract between the Servicer and a Sub-Servicer relating to servicing and administration of certain Mortgage Loans as provided in Section 3.02.

  • Sale and Servicing Agreement means the Sale and Servicing Agreement, dated as of the Closing Date, between the Seller, the Issuer, the Servicer and the Indenture Trustee, as the same may be amended, modified or supplemented from time to time.

  • Countrywide Servicing Agreement Solely with respect to the Countrywide Mortgage Loans, the Mortgage Loan Purchase and Servicing Agreement, dated as of November 1, 2001, between the Transferor, as purchaser, and Countrywide, as seller and as servicer (as successor to Countrywide Home Loans, Inc. by an assignment dated January 1, 2001, as the same may be amended or supplemented), as the same may be amended from time to time, and any assignments and conveyances related to the Countrywide Mortgage Loans.

  • Securitization Servicing Agreement means the Lead Securitization Servicing Agreement or any Non-Lead Securitization Servicing Agreement.

  • Subservicing Agreements As defined in Section 3.02(a).

  • Basic Servicing Agreement has the meaning set forth in the Recitals.

  • Back-Up Servicing Agreement means that certain Back-Up Servicing Agreement to be entered into by and among the Company, the Administrative Agent and the Back-Up Servicer, as such agreement may be amended, restated, supplemented or otherwise modified from time to time.

  • Servicing Agreements Each of the Servicing Agreements executed with respect to a portion of the Mortgage Loans by one of the Servicers, which agreements are attached hereto, collectively, as Exhibit L.

  • Other Servicing Agreements The Servicing Agreements other than the WFHM Servicing Agreement.

  • Non-Lead Securitization Servicing Agreement shall have the meaning assigned to such term in Section 2(b).

  • Lead Securitization Servicing Agreement means (i) the pooling and servicing agreement or other comparable agreement related to the Lead Securitization, and (ii) on and after the date on which the Mortgage Loan is no longer subject to the provisions of the Lead Securitization Servicing Agreement, the “Lead Securitization Servicing Agreement” shall be determined in accordance with the second paragraph of Section 2(a).

  • Non-Lead Servicing Agreement means the pooling and servicing agreement, trust and servicing agreement or other similar agreement to be entered into in connection with a Non-Lead Securitization Note.

  • Servicing Contract means, with respect to any Person, the arrangement, whether or not in writing, under which that Person has the right to service Mortgage Loans.

  • Transfer and Servicing Agreement means the Amended and Restated Transfer and Servicing Agreement dated as of May 1, 2007 among the Transferor, the Servicer, and the Indenture Trustee, as the same may be amended, modified or supplemented.

  • Substitute Servicing Agreement means a servicing agreement that contains servicing provisions which are the same as or more favorable to the Non-Lead Noteholders, in substance, to those in the Servicing Agreement (including, without limitation, all applicable provisions relating to delivery of information and reports necessary for any Non-Lead Securitization to comply with any applicable reporting requirements under the Securities Exchange Act of 1934, as amended) and all references herein to the “Servicing Agreement” shall mean such subsequent servicing agreement; provided, however, that if a Non-Lead Securitization Note is in a Securitization, then a Rating Agency Confirmation shall have been obtained from each Rating Agency with respect to such subsequent servicing agreement.

  • Servicing Arrangement is defined in Section 11.06(b).

  • Non-Lead Servicing Agreements means the PSA with respect to each Non-Lead Note (other than the Non-Lead Note that is included in the Lead Securitization).

  • Servicing Agreement means such subsequent Servicing Agreement; provided, however, that until a replacement Servicing Agreement has been entered into (and such written confirmation has been obtained), the Note A-1 Holder shall cause the Mortgage Loan to be serviced pursuant to the provisions of the Servicing Agreement as if such agreement was still in full force and effect with respect to the Mortgage Loan; provided, further, however, that until a replacement Servicing Agreement is in place, the actual servicing of the Mortgage Loan may be performed by any Qualified Servicer appointed by the Note A-1 Holder and does not have to be performed by the service providers set forth under the Servicing Agreement that was previously in effect.

  • Backup Servicing Agreement means the Amended and Restated Backup Servicing Agreement dated as of the Closing Date among the Borrower, the Servicer, the Administrative Agent and the Backup Servicer, as amended by that certain Amendment No. 1 to Backup Servicing Agreement dated as of April 14, 2009, as the same may from time to time be further amended, restated, supplemented, waived or modified.

  • National City Servicing Agreement Solely with respect to the National City Mortgage Loans, the Master Seller’s Warranties and Servicing Agreement, dated as of October 1, 2001, between the Transferor and National City, as the same may be amended from time to time, and any assignments and conveyances related to the National City Mortgage Loans.