Trailing Loan Documents definition

Trailing Loan Documents. Each of the documents described in part B of Exhibit A attached hereto.
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Trailing Loan Documents means the Mortgage Loan Documents that are required by the Agency pursuant to Applicable Requirements and Agency Guidelines to be part of the Mortgage File that, as of the time of reference, are (i) in the custody of counsel in accordance with Applicable Requirements, (ii) have been submitted for recording and have not yet been returned by the applicable recording office or (iii) have not been provided by the issuing entity in the case of a final title policy. [***] [***]
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Examples of Trailing Loan Documents in a sentence

  • As of the Sale Date and Servicing Transfer Date, except for outstanding Trailing Loan Documents, each Mortgage File contains each of the documents and instruments specified in Exhibit A attached hereto and includes all documents necessary to demonstrate compliance with Applicable Requirements.

  • Effective as of the applicable Servicing Transfer Date, at the Seller’s expense, the Seller shall (or shall cause its Document Custodian to) transfer the custody of the related Legal Documents (excluding any outstanding Trailing Loan Documents, unless needed to meet Applicable Requirements at such time) to the Purchaser’s Document Custodian.

  • Within one hundred eighty (180) days following the date a Missing Document was identified on the Exceptions List following review of the applicable Mortgage File by the Document Custodian (or such earlier time as may be required pursuant to Applicable Requirements), the Seller shall deliver to the Trailing Loan Documents Vendor, complete and correct versions of each of the Trailing Loan Documents required to be included in the Mortgage File related to the Servicing Rights.

  • Subject to the process for resolution of Document Exceptions, as provided in this Agreement, and except for outstanding Trailing Loan Documents, each Mortgage File contains each of the documents and instruments specified in Exhibit 1.1 attached hereto and includes all documents required by the applicable Investor and such other documents as may be necessary to demonstrate compliance with Applicable Requirements.

  • Effective as of three (3) Business Days after the applicable Servicing Transfer Date, at the Seller’s expense, the Seller shall (or shall cause its Document Custodian to) transfer the custody of the related Legal Documents and Trailing Loan Documents to the Purchaser’s Document Custodian.

  • With respect to each Mortgage Loan, subject to Investor requirements, the Purchaser controls the choice of the Document Custodian, Imaged Document Vendor and Trailing Loan Documents Vendor on and subsequent to the applicable Servicing Transfer Date.

  • The Purchaser shall provide to the Seller a monthly loan-level report of all Holdback Funds used by the Purchaser to recover any missing Trailing Loan Documents (the “Holdback Usage Report”).

  • Effective as of each Transfer Date, the Seller shall (or shall cause its Document Custodian to) transfer the custody of the related Legal Documents (excluding any outstanding Trailing Loan Documents), including the internal delivery and segregation of Legal Documents as a result of the change of Servicer to Purchaser, to the Purchaser’s Document Custodian, U.S. Bank National Association.

  • Except for outstanding Trailing Loan Documents, each Mortgage File contains each of the documents and instruments specified in Exhibit A attached hereto and includes all documents necessary to demonstrate compliance with Applicable Requirements.

  • The Seller shall, at its expense, cause the Legal Documents (other than any outstanding Trailing Loan Documents) relating to each Mortgage Loan to be delivered to the Purchaser’s Document Custodian within [***] Business Days of the applicable Transfer Date and the outstanding Trailing Loan Documents to be delivered as provided in Section 6.02(e).

Related to Trailing Loan Documents

  • Loan Documents means, collectively, this Agreement, any note or notes executed by Borrower, and any other document, instrument or agreement entered into in connection with this Agreement, all as amended or extended from time to time.

  • Mezzanine Loan Documents means the “Loan Documents” as defined in the Mezzanine Loan Agreement.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Required Loan Documents means, for each Loan:

  • Letter of Credit Documents means, with respect to any Letter of Credit, collectively, any application therefor and any other agreements, instruments, guarantees or other documents (whether general in application or applicable only to such Letter of Credit) governing or providing for (a) the rights and obligations of the parties concerned or at risk with respect to such Letter of Credit or (b) any collateral security for any of such obligations, each as the same may be modified and supplemented and in effect from time to time.

  • Mortgage Loan Documents means, with respect to the Mortgage Loan, the Mortgage Loan Agreement, the Mortgage, the Notes and all other documents now or hereafter evidencing and securing the Mortgage Loan.

  • Credit Documents mean the agreements, instruments, certificates or other documents at any time evidencing or otherwise relating to, governing or executed in connection with or as security for, a Loan, including without limitation notes, bonds, loan agreements, letter of credit applications, lease financing contracts, banker's acceptances, drafts, interest protection agreements, currency exchange agreements, repurchase agreements, reverse repurchase agreements, guarantees, deeds of trust, mortgages, assignments, security agreements, pledges, subordination or priority agreements, lien priority agreements, undertakings, security instruments, certificates, documents, legal opinions, participation agreements and intercreditor agreements, and all amendments, modifications, renewals, extensions, rearrangements, and substitutions with respect to any of the foregoing.