VPC Agreement definition

VPC Agreement means any bulk or flow purchase Voluntary Partial Cancellation of Servicing Contract Rights Agreement by and between ▇▇▇▇▇▇▇ Mac and the Borrower presently in effect or executed in the future, whereby the Borrower relinquishes ▇▇▇▇▇▇▇ Mac MSRs to ▇▇▇▇▇▇▇ Mac, as amended, modified, restated or supplemented from time to time.
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VPC Agreement means any bulk or flow purchase Voluntary Partial Cancellation of Servicing Contract Rights Agreement by and between Freddie Mac and the Borrower presently in effect or executed in the future, whereby the Borrower relinquishes Freddie Mac MSRs to Freddie Mac, as amended, modified, restated or supplemented from time to time.
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VPC Agreement. ’ means the agreement between VPC and SEK, applicable from time to time to the relevant issue of VPC Registered Instruments, setting out the terms and conditions for connecting any VPC Registered Instruments to the Swedish clearing and settlement system maintained by VPC; and
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Examples of VPC Agreement in a sentence

  • Lender shall have no obligation to release its interest in any Pledged Servicing Rights until all amounts required to be paid pursuant to Section 4.05 have been paid, except as determined by Freddie Mac pursuant to a Freddie Mac VPC Agreement.

  • Except in connection with a VPC Agreement (as defined in the Acknowledgment Agreement), Borrower shall not, and shall not permit any Obligated Party to, directly or indirectly, sell, lease, assign, transfer, or otherwise dispose of any of the Collateral if, after giving effect to the application of proceeds of such disposition, a Borrowing Base Deficiency, Default or Event of Default would exist.

  • As soon as possible, but in any event within one (1) Business Day, of any Freddie Mac Servicing Contract Rights being included by Borrower on a (i) Prospective Mortgage Loan List or (ii) Transfer List (as such terms are defined in the related Freddie Mac VPC Agreement), in each case, delivered to Freddie Mac pursuant to a Freddie Mac VPC Agreement, Borrower shall furnish to Lender a schedule of such Freddie Mac Servicing Contract Rights and the proposed VPC Servicing Transfer Date.

  • Until the termination of this Custodian Agreement in accordance with its terms, the Custodian shall arrange for the maintenance of facilities in Stockholm, Sweden, and all necessary agreements for the execution and delivery, registration, registration of transfers and surrender of SDRs in accordance with the provisions of this Custodian Agreement, the VPC Agreement and the Swedish Financial Instruments Accounts Act.

  • In connection with each issue of Instruments in registered form issued in accordance with the Swedish Financial Instruments Accounts Act (SFS 1998: 1479), as amended (the “VPC Registered Instruments” and the “SFIA Act”, respectively), SEK will enter into a VPC Agreement with VPC which will apply to the VPC Registered Instruments in place of, and in full substitution for, the Fiscal Agency Agreement (save in respect of Schedule 5 (Provisions for Meetings of Holders of Instruments) thereto).

  • The Custodian shall arrange to have the SDRs registered in the VPC Register in accordance with the Swedish Financial Instruments Accounts Act and in accordance with the VPC Agreement.

  • Except in connection with a ▇▇▇▇▇▇▇ ▇▇▇ VPC Agreement, Borrower shall not directly or indirectly, sell, lease, assign, transfer, or otherwise dispose of any of the Collateral if, after giving effect to the application of proceeds of such disposition, a Borrowing Base Deficiency, Default or Event of Default would exist.

  • As soon as possible, but in any event within one (1) Business Day, of any ▇▇▇▇▇▇▇ ▇▇▇ Servicing Contract Rights being included by Borrower on a (i) Prospective Mortgage Loan List or (ii) Transfer List (as such terms are defined in the related ▇▇▇▇▇▇▇ ▇▇▇ VPC Agreement), in each case, delivered to ▇▇▇▇▇▇▇ ▇▇▇ pursuant to a ▇▇▇▇▇▇▇ ▇▇▇ VPC Agreement, Borrower shall furnish to Lender a schedule of such ▇▇▇▇▇▇▇ ▇▇▇ Servicing Contract Rights and the proposed VPC Servicing Transfer Date.

  • In connection with any distribution of dividends to Holders, the Custodian shall provide Euroclear Sweden with such information regarding amounts withheld as Euroclear Sweden requires in accordance with the VPC Agreement.

  • In addition, the Custodian shall supply Euroclear Sweden with any further information it requires in connection with any distributions in accordance with the VPC Agreement.