TPP Notice definition

TPP Notice has the meaning set forth in Section 2.9(b).
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Examples of TPP Notice in a sentence

  • If the servicer transmits the TPP Notice to the borrower on or before the 15th day of a calendar month, then the servicer should establish the first day of the next month as the TPP Effective Date.

  • If the servicer transmits the TPP Notice to the borrower after the 15th day of a calendar month, the servicer may use either (i) the first day of the month after the next month as the TPP Effective Date; or (ii) the first day of the next month so long as the borrower consents to commencing the TPP earlier.

  • However, the servicer must provide written notice to the borrower, in addition to any escrow notification required by RESPA that explains the impact of the new escrow payment on borrower’s monthly payment set forth in the TPP Notice.

  • The trial period is three months in duration (or longer if necessary to comply with applicable contractual obligations) and governed by terms set forth in the TPP Notice.

  • The TPP Notice describes the terms and conditions of the trial period and sets forth the required payment due dates.

  • The date that the first trial period payment is due under the terms of the TPP Notice must be the same date as the TPP Effective Date.

  • For example, if the servicer completes the TPP Notice and transmits it to the borrower on June 2nd, the servicer should use July 1st as the TPP Notice Effective Date.

  • The cutoff date must be after the due date for the final trial period payment as set forth in the TPP Notice.

  • A borrower’s trial period starts on the TPP Effective Date, as indicated in the TPP Notice.

  • Servicers should retain a copy of the TPP Notice in the borrower file and note the date that it was sent to the borrower.

Related to TPP Notice

  • CAFA Notice refers to the notice requirements imposed by 28 U.S.C. § 1715(b).

  • Pre-Notice shall have the meaning ascribed to such term in Section 4.13.

  • FOIA Notice means a decision notice, enforcement notice and/or an information notice;

  • PAGA Notice means Plaintiff’s October 27, 2022, letter to Ansible and the LWDA providing notice pursuant to Labor Code section 2699.3, subd.(a).

  • Xxxxx Notice means the Notice of Grant of Stock Option accompanying the Agreement, pursuant to which Optionee has been informed of the basic terms of the option evidenced hereby.

  • Step-In Notice has the meaning set out in Section 3.1;

  • Selection Notice means a notice substantially in the form set out in Part II of Schedule 3 (Requests) given in accordance with Clause 9 (Interest Periods).

  • Election Notice has the meaning set forth in Section 11.01(b).

  • CFIUS Notice means a joint voluntary notice with respect to the transactions contemplated by this Agreement prepared by the parties and submitted to CFIUS in accordance with the requirements of the DPA.

  • OJEU Notice means the contract notice published in the Official Journal of the European Union.

  • ROFO Notice is defined in Section 6.2(a).

  • Opt-Out Notice has the meaning specified therefor in Section 2.02(a) of this Agreement.

  • Cure Notice means a notice of a proposed amount to be paid on account of a Cure Claim in connection with an Executory Contract or Unexpired Lease to be assumed under the Plan pursuant to section 365 of the Bankruptcy Code, which notice shall include: (a) procedures for objecting to proposed assumptions of Executory Contracts and Unexpired Leases; (b) Cure Claims to be paid in connection therewith; and (c) procedures for resolution by the Bankruptcy Court of any related disputes.

  • Buy-Sell Notice shall have the meaning set forth in Section 12.1(a).

  • Offering Notice has the meaning set forth in Section 4.3(b).

  • Objection Notice has the meaning set forth in Section 2.3(a) of this Agreement.

  • Initial Notice shall have the meaning set forth in Section 7.1.

  • Rejection Notice has the meaning specified in Section 2.05(b)(v).

  • Denial notice means a board notification denying an application for the issuance or renewal of a license as required by the Act.

  • Approval Notice means, with respect to any Eligible Loan Asset, the written notice, in substantially the form attached hereto as Exhibit A, evidencing the approval by the Administrative Agent, in its sole discretion, of the conveyance of such Eligible Loan Asset by the Transferor to the Borrower pursuant to the terms of the Purchase and Sale Agreement and the Loan Assignment by which the Transferor effects such conveyance.

  • Response Notice is defined in Section 14.3(b)(ii).

  • Tax Notice has the meaning set forth in Section 2.06(a).

  • Long Form Notice means the form of notice that shall be posted on the Settlement website created by the Settlement Administrator and shall be available to Settlement Class members by mail on request made to the Settlement Administrator in the form attached as Exhibit 2.

  • Sales Notice shall have the meaning ascribed to such term in Section 2(b)(i).

  • Timely Notice means a stockholder’s notice to the Secretary of the Corporation which must be delivered to or mailed and received at the principal executive offices of the Corporation not less than ninety (90) days nor more than one hundred twenty (120) days prior to the first anniversary of the preceding year’s annual meeting of stockholders; provided, however, that in the event that the date of the annual meeting is more than thirty (30) days before, or more than sixty (60) days after, such anniversary date, notice by the stockholder to be timely must be so delivered not earlier than the one hundred twentieth (120th) day prior to such annual meeting and not later than the ninetieth (90th) day prior to such annual meeting or, if later, the tenth (10th) day following the day on which the date that such annual meeting was Publicly Disclosed (as defined above).

  • Reminder Notice means a notice in writing issued in accordance with clause 7.1(1)(a).