Trailing Documents definition

Trailing Documents shall have the meaning specified in Section 1.1(c) of the Custodial Agreement.
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Trailing Documents. Mortgage Loan Documents that are required by an Investor pursuant to Applicable Requirements to be part of the Collateral File that, as of the time of reference, are (i) in the custody of counsel in accordance with Applicable Requirements or (ii) have been submitted for recording and have not yet been returned by the applicable recording office.
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Trailing Documents means mortgage loan documents that are required by a warehouse lender or an Investor pursuant to Applicable Requirements to be part of the Collateral File that, as of the time of reference, are (i) in the custody of counsel in accordance with Applicable Requirements or (ii) have been submitted for recording and have not yet been returned by the applicable recording office.
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Examples of Trailing Documents in a sentence

  • Timely receipt of all Trailing Documents in form and content acceptable to the Agency is a condition subsequent to the Mortgage Loan purchase.

  • Trailing Documents are to be shipped per the instructions on the applicable document checklist to satisfy Agency requirements.

  • A Participating Lender should ship Trailing Documents immediately upon receipt in order to complete the loan file.

  • All Trailing Documents are to be sent directly to the Agency, Participating Lenders should utilize form HMFA 301 - Collateral Document Transmittal and Custodial Certification – for submission of Trailing and Collateral Documentation.

  • All Trailing Documents are required within 90 days of the purchase date.

  • The Participating Lender is responsible for submitting and following up on all outstanding Trailing Documents.

  • In the instance where the Trailing Documents have been outstanding for more than 120 days from the Purchase Date, NJHMFA has the right to: • Charge/collect from the Participating Lender a fee of $25, per Trailing Document or the actual recovery cost and recorded costs, whichever is greater; and/or, • Require the Participating Lender to Repurchase the Mortgage Loan.

  • If any Trailing Documents are not received and are aged more than 120 days, NJHMFA will assess the Participating Lender $25 per document, or in the alternative, the Participating Lender may have to repurchase the Mortgage Loan.

  • Since these Trailing Documents are not provided to NJHMFA at the time of loanpurchase, it is important for our Participating Lenders to follow up and ensure these documents are delivered in a timely manner and as set forth on the pertinent document checklist.

  • Since these Trailing Documents are not provided to NJHMFA at the time of loan purchase, it is important for our Participating Lenders to follow up and ensure these documents are delivered in a timely manner and as set forth on the pertinent document checklist.


More Definitions of Trailing Documents

Trailing Documents. Those documents that are unavailable to Seller on the applicable Transfer Date as a result of the transactions described herein (but not as a result of the acts or omissions of Seller or any Originator or Prior Servicer), such as recorded Mortgage Instruments, recorded Assignments of Mortgage Instruments, government insurance certificates and title policies, which have not yet been received back from the appropriate recording office or Insurer.
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Trailing Documents means any document identified above in subpart (b), (c), (d), (e), (f), (m), (n), (q), or (r) of the definition of Bulk Sale Mortgage File that has not been delivered within 120 days of the related Closing Date, unless such delivery was not completed within 120 days of the related Closing Date solely due to delays in making such delivery by reason of the fact that such documents shall not have been returned by the appropriate recording office. SECTION 1.02
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Related to Trailing Documents

  • Operating Documents are, for any Person, such Person’s formation documents, as certified by the Secretary of State (or equivalent agency) of such Person’s jurisdiction of organization on a date that is no earlier than thirty (30) days prior to the Effective Date, and, (a) if such Person is a corporation, its bylaws in current form, (b) if such Person is a limited liability company, its limited liability company agreement (or similar agreement), and (c) if such Person is a partnership, its partnership agreement (or similar agreement), each of the foregoing with all current amendments or modifications thereto.

  • Supporting Documents means all documents and information reasonably requested by the Bank in connection with the opening and operation of any Account, the execution of any Transaction and the provision of any Related Service, including:

  • Debt Financing Documents means the agreements, documents and certificates contemplated by the Debt Financing.

  • Bidding Documents means the set of Bidding Documents that preceded the placement of the Contract of which these GCC form a part, which were sold or issued by the Purchaser to potential Bidders, and in which the specifications, terms and conditions of the proposed procurement were prescribed.

  • Closing Documents means the papers, instruments and documents required to be executed and delivered at the Closing pursuant to this Agreement;

  • Restructuring Documents means, collectively, the documents and agreements (and the exhibits, schedules, annexes and supplements thereto) necessary to implement, or entered into in connection with, this Plan, including, without limitation, the Plan Supplement, the Exhibits, the Plan Schedules, the Amended/New Organizational Documents, the Exit Facility Loan Documents, and the Plan Securities and Documents.

  • Financing Documents means collectively the documents evidencing Lenders’ commitment to finance the Project.

  • Ruling Documents means the Ruling and the Ruling Request.

  • RFP Documents means the following documents to be entered into by the parties to the respective agreements in connection with the supply of power:

  • Refinancing Documents means each of the agreements, documents and instruments entered into in connection with the Refinancing.

  • Underlying Documents means, together, the Contracts, the Refund Guarantees, the Supervision Agreements and the Management Agreements and “Underlying Document” means any of them.

  • Supporting Documentation means the documents listed in Schedule A of this Certificate which forms part of this

  • Permitted Acquisition Documents means with respect to any acquisition proposed by the Borrower or any Subsidiary Guarantor, final copies or substantially final drafts if not executed at the required time of delivery of the purchase agreement, sale agreement, merger agreement or other agreement evidencing such acquisition, including, without limitation, all legal opinions and each other document executed, delivered, contemplated by or prepared in connection therewith and any amendment, modification or supplement to any of the foregoing.

  • Seller Ancillary Documents means any agreement or other instrument, other than this Agreement, but including the Commercial Agreements, to be executed and delivered by a Seller or an Affiliate thereof in connection with the transactions contemplated hereby.

  • Seller Ancillary Agreements means all agreements, instruments and documents being or to be executed and delivered by Seller under this Agreement or in connection herewith.

  • Public Documents As defined in Section 4.02(a) of this Agreement.

  • Operative Documents means the Purchase Agreement, the Indenture, the Trust Agreement, the Guarantee Agreement, the Notes and the Trust Securities.

  • Partnership Documents means any contracts, indentures, mortgages, deeds of trust, loan or credit agreements, bonds, notes, debentures, evidences of indebtedness, leases or other instruments or agreements to which the Partnership or any of its subsidiaries is a party or by which the Partnership or any of its subsidiaries is bound or to which any of the property or assets of the Partnership or any of its subsidiaries is subject.

  • Securities, documents or other written instruments means original (including original counterparts) negotiable or non-negotiable instruments, or assignments thereof, which in and of themselves represent an equitable interest, ownership, or debt and which are in the ordinary course of business transferable by delivery of such instruments with any necessary endorsements or assignments. Definitions(continued)

  • Offering Documents means the Canadian Offering Documents and the U.S. Offering Documents;

  • Borrower Documents shall have the meaning set forth in Section 6.06.

  • Subordinated Documents means the Subordinated Note and any and all other documents, agreements, writings or instruments executed in connection therewith or pursuant thereto, in each case, as in effect on the date hereof and as amended, modified, restated or Refinanced in accordance with the terms hereof.

  • Senior Loan Documents means the loan agreement between Borrower and Senior Creditor and any other agreement, security agreement, document, promissory note, UCC financing statement, or instrument executed by Borrower in favor of Senior Creditor pursuant to or in connection with the Senior Debt or the loan agreement, as the same may from time to time be amended, modified, supplemented, extended, renewed, restated or replaced.

  • Mortgage Supporting Documents means, with respect to a Mortgage for a parcel of Real Property, each the following:

  • DIP Documents means the DIP ABL Documents and the DIP Term Loan Documents.

  • Formation Documents means, collectively, the Issuer LLC Agreement, the Issuer Certificate of Formation and any other document pursuant to which the Issuer is formed or governed, as each may be amended or supplemented from time to time.