Waiver Term definition

Waiver Term means the period commencing with the date of this Amendment and Waiver Agreement and ceasing on a case by case basis for each MSR Property Portfolio Services Agreement applicable to the Property Portfolio assets acquired in each Transaction, immediately upon the earlier of: (i) the termination of the term of the Seller Property Portfolio Financing for the relevant Transaction (which term is not to be later than November 30, 2021 for the Transaction that closes on the Effective Date of the Amendment and Waiver Agreement and with respect to the Additional Properties shall not exceed five (5) years after the applicable Transaction Date; (ii) the occurrence of the refinancing (by any means, form or vehicle), expiration or other termination of the Seller Portfolio Financing in respect of the applicable Transaction; or (iii) at such time as: (x) the relevant MSR Property Portfolio Services Agreement is terminated or expires (but in no case shall the term of the MSR Property Portfolio Services Agreement be renewed, extended or otherwise continued by Residential or the Surviving Entity) or (y) any of the services provided by Main Street Renewal pursuant to the MSR Property Portfolio Service Agreement for any portion of the Seller Property Portfolio are terminated by either party to the relevant MSR Property Portfolio Service Agreement.
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Waiver Term shall be the period commencing upon the effectiveness of this Fifth Amendment and ending on July 15, 2000. The provisions of Sections 8 and 12 of the February Waiver Letter Agreement shall continue in effect during the Waiver Term as if the phrase "Waiver Period" used therein was replaced with the phrase "Waiver Term" as defined herein.
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Waiver Term means the period beginning as of the Second Amendment ------------ Effective Date and ending on the earlier of: (i) December 31, 1999: or (ii) termination by mutual agreement of the parties.
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Examples of Waiver Term in a sentence

  • This Agreement may be continued and the Waiver Term may be extended for additional periods as agreed to in writing by the parties.

  • This Agreement may be terminated by the Trust on behalf of the Fund at any time by action of the Trust's Board of Trustees and by FTA after the expiration of the Waiver Term upon sixty (60) days' written notice to the other party.

  • This Agreement may be terminated by the Trust on behalf of the Fund at any time by action of the Trust’s Board of Trustees and by FTA after the expiration of the Waiver Term upon sixty (60) days’ written notice to the other party.

  • This Agreement shall be effective as of June 16, 2017 and shall continue until June 16, 2019 (the "Waiver Term").

  • This Agreement shall be effective as of November 1, 2018 and shall continue until November 1, 2020 (the "Waiver Term").

  • This Agreement shall be effective as of October 26, 2017 and shall continue until October 26, 2019 (the "Waiver Term").

  • Promotion: The Customer is eligible for the following promotion as set forth in the Guide: Installation Waiver Term: 24 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least ninety (90) days written notice prior to the end of the Initial Term (“Extended Term”).

  • To the extent Main Street Renewal does not internally provide Sales and Settlement Services for the Seller Portfolio Properties and instead outsources to any third party that is not an Affiliate (including any third party contractor) any such Sales and Settlement Services for properties in the Seller Property Portfolio during the Waiver Term, Residential shall cause Main Street Renewal to outsource such Sales and Settlement Services to Altisource or its Affiliates on an exclusive basis.

  • Promotions: The Customer is eligible for the following promotions as set forth in the Guide: Installation Waiver Term: 36 months Upon expiration of the Term, the Agreement will be automatically extended on a month-to-month basis unless either party terminates this Agreement upon at least sixty (60) days written notice prior to the end of the Initial Term (“Extended Term”).

  • The provisions of Sections 8 and 12 of the February Waiver Letter Agreement shall continue in effect during the Waiver Term as if the phrase "Waiver Period" used therein was replaced with the phrase "Waiver Term" as defined herein.


More Definitions of Waiver Term

Waiver Term is defined in Section 6 hereof.
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Waiver Term is defined in Section 10 hereof.
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Related to Waiver Term

  • Second Extension Period means the period commencing on the date immediately following the First Extended Maturity Date and expiring on the Second Extended Maturity Date, as more fully set forth in Section 2.9 hereof.

  • Initial Term has the meaning set forth in Section 7.1.

  • Amendment Closing Date means the first date that all the conditions precedent set forth in this Amendment are satisfied or waived in accordance herewith.

  • First Amendment Closing Date has the meaning assigned to such term in the First Amendment.

  • Additional Closing Date has the meaning set forth in Section 3 hereof.