Xxxxxx Xxx Lender Contract definition

Xxxxxx Xxx Lender Contract means, collectively, the Mortgage Selling and Servicing Contract, the Xxxxxx Xxx Selling Guide, the Xxxxxx Xxx Servicing Guide and all supplemental servicing instructions or directives provided by Xxxxxx Xxx, all applicable master agreements, recourse agreements, repurchase agreements, indemnification agreements, loss-sharing agreements, and any other agreements between Xxxxxx Xxx and the Debtor, and all as amended, restated or supplemented from time to time.
Xxxxxx Xxx Lender Contract means the Mortgage Selling and Servicing Contract (as mentioned in the Xxxxxx Mae Acknowledgment Agreement), the Xxxxxx Xxx Selling Guide (as defined as Selling Guide in the Xxxxxx Mae Acknowledgment Agreement), the Xxxxxx Xxx Servicing Guide and all supplemental servicing instructions or directives provided by Xxxxxx Mae, all applicable master agreements, recourse agreements, repurchase agreements, indemnification agreements, loss-sharing agreements, and any other agreements between Xxxxxx Xxx and the Borrower, which rights include the right of Xxxxxx Mae to terminate the Xxxxxx Xxx Lender Contract with or without cause and the right to sell, or have transferred, the Xxxxxx Mae MSRs.
Xxxxxx Xxx Lender Contract means, the “Lender Contract” as defined in the Xxxxxx Xxx Guides.

Examples of Xxxxxx Xxx Lender Contract in a sentence

  • The Seller shall fail to comply with the deposit and remittance requirements set forth in the Xxxxxx Xxx Lender Contract (subject to any cure period provided therein) or Section 4.2(a) of the Base Indenture (and such failure under Section 4.2(a) of the Base Indenture continues unremedied for a period of two (2) Business Days after a Responsible Officer of the Seller obtains actual knowledge of such failure, or receives written notice from the Indenture Trustee or any Noteholder of such failure).

  • Notwithstanding anything to the contrary herein or any of the other Program Agreements, any appointment set forth in this Section 4.06, as well as the Buyer’s exercise (or purported exercise) of any right, power or authority given by the Seller hereunder, shall be subject to the Xxxxxx Xxx Lender Contract and the Acknowledgment Agreement and any and all instruments, agreements, invoices or other writings which give rise to or otherwise evidence any of the MSRs.

  • The “Final Payment Date” is the date on which Xxxxxx Xxx makes its final payment into the Deposit Account for the Purchased Servicing Advance Receivables as to which Xxxxxx Mae is obligated to reimburse the Servicer pursuant to the Xxxxxx Xxx Lender Contract and this Agreement.

  • Further, the Lenders are deemed to consent to any amendments made to the Transaction Documents as a result of amendments to the Acknowledgment Agreement or the Subordination of Interest Agreement that Xxxxxx Xxx and the Servicer agree to effect from time to time or changes that Xxxxxx Xxx may make to the Xxxxxx Xxx Lender Contract from time to time.

  • If y = 0, the good is intrinsically useless, and if y < 0, the good is costly to hold.

  • The Seller shall service all Assets in accordance with the Xxxxxx Xxx Lender Contract and any and all instruments, agreements, invoices or other writings which give rise to or otherwise evidence any of the MSRs in all material respects.

  • PMC FMSR Parent shall, within one (1) Business Day, notify Administrative Agent and each Buyer in the event that it has voluntarily relinquished or delivered notice of its intent to sell or transfer Xxxxxx Xxx Lender Contract rights constituting more than 50% of the aggregate Xxxxxx Xxx Lender Contract rights of Parent with respect to Xxxxxx Xxx, in any event without Administrative Agent’s and each Buyer’s prior express written consent.

  • Xxxxxx Xxx will permit the Servicer or the Indenture Trustee (or its designee), as applicable, to submit to Xxxxxx Mae Loan Activity Reports and/or requests for expense reimbursement relating to any Purchased Servicing Advance Receivables as to which the Servicer has made a Delinquent MBS Mortgage Repurchase Advance, a Delinquency Advance or a Servicing Advance in accordance with the Xxxxxx Xxx Lender Contract on or before the effective date of such Servicer Resignation Event.

  • Any change to the Xxxxxx Xxx Lender Contract or any and all instruments, agreements, invoices or other writings which give rise to or otherwise evidence any of the MSRs that would result in a Material Adverse Effect on the Seller.

  • Xxxxxx Xxx will permit the Servicer or the Indenture Trustee (or its designee), as applicable, to submit to Xxxxxx Mae Loan Activity Reports and/or requests for expense reimbursement relating to any Purchased Servicing Advance Receivables as to which the Servicer has made a Delinquent MBS Mortgage Repurchase Advance, a Delinquency Advance or a Servicing Advance in accordance with the Xxxxxx Xxx Lender Contract on or before the effective date of such Servicer Suspension/Termination Event.


More Definitions of Xxxxxx Xxx Lender Contract

Xxxxxx Xxx Lender Contract means the Mortgage Selling and Servicing Contract (as mentioned in the Acknowledgment Agreement), the Xxxxxx Xxx Selling Guide, the Xxxxxx Xxx Servicing Guide and all supplemental servicing instructions or directives provided by Xxxxxx Xxx, all applicable master agreements, recourse agreements, repurchase agreements, indemnification agreements, loss-sharing agreements, and any other agreements between Xxxxxx Xxx and PMC, which rights include the right of Xxxxxx Xxx to terminate the Xxxxxx Xxx Lender Contract with or without cause and the right to sell, or have transferred, the MSRs.

Related to Xxxxxx Xxx Lender Contract

  • Xxxxxxxx Loan means a Subsidized Xxxxxxxx Loan or an Unsubsidized Xxxxxxxx Loan.

  • CFD Contract or "CFD" shall mean a contract which is a contract for difference by reference to fluctuations in the price of the relevant security or index;

  • Borrower Agreement shall have the meaning provided such term in Section 3(a) hereof.

  • Term contract means contracts established by the chief procurement officer for specific supplies, services, or information technology for a specified time and for which it is mandatory that all governmental bodies procure their requirements during its term. As provided in the solicitation, if a public procurement unit is offered the same supplies, services, or information technology at a price that is at least ten percent less than the term contract price, it may purchase from the vendor offering the lower price after first offering the vendor holding the term contract the option to meet the lower price. The solicitation used to establish the term contract must specify contract terms applicable to a purchase from the vendor offering the lower price. If the vendor holding the term contract meets the lower price, then the governmental body shall purchase from the contract vendor. All decisions to purchase from the vendor offering the lower price must be documented by the procurement officer in sufficient detail to satisfy the requirements of an external audit. A term contract may be a multi‑term contract as provided in Section 11‑35‑2030.

  • Originating Lender has the meaning specified therefor in Section 13.1(e) of the Agreement.

  • Applicable Contract any Contract (a) under which the Company has or may acquire any rights, (b) under which the Company has or may become subject to any obligation or liability, or (c) by which the Company or any of the assets owned or used by it is or may become bound.

  • sub-contract means the primary contractor’s assigning, leasing, making out work to, or employing, another person to support such primary contractor in the execution of part of a project in terms of the contract;

  • Credit-sale contract means a written contract for the sale of grain pursuant to which the sale price is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale and which contains the notice provided in subsection 7 of section 60-02.1-14. If a part of the sale price of a contract for the sale of grain is to be paid or may be paid more than thirty days after the delivery or release of the grain for sale, only such part of the contract is a credit-sale contract.

  • Co-Lender Agreement With respect to any Loan Combination, the co-lender agreement, intercreditor agreement, agreement among noteholders or similar agreement, dated as of the date set forth in the Loan Combination Table under the column heading “Date of Co-Lender Agreement” and governing the relative rights of the holders of the related Mortgage Loan and Companion Loan(s), as the same may be amended, restated or otherwise modified from time to time in accordance with the terms thereof. A Co-Lender Agreement exists with respect to each Loan Combination as of the Closing Date.

  • EPC Contract means the Seller’s engineering, procurement and construction contract with the EPC Contractor.

  • Xxxxxx Xxx Guide means the Xxxxxx Mae MBS Selling and Servicing Guide, as such Guide may hereafter from time to time be amended.

  • Cap Contract Any of the Class A-1 Cap Contract, the Class A-2 Cap Contract or the Subordinate Certificates Cap Contract.

  • Subsidized Xxxxxxxx Loan means a Loan for which the interest rate is governed by Section 427A(a) or 427A(d) of the Higher Education Act.

  • Xxxxx–Xxxxx Act For any federally assisted construction contract, in excess of two thousand dollars ($2,000), the contractor, subcontractor, subrecipient shall comply with all of the requirements of the Xxxxx-Xxxxx Act (40 U.S.C. 3141 – 3148) as supplemented by Department of Labor Regulations (29 CFR Part 5, “Labor Standards Provisions Applicable to Contracts Covering Federally Financed and assisted Construction”); and the Xxxxxxxx “Anti-Kickback” Act (40 U.S.C. 3145), as supplemented by Department of Labor regulations (29 CFR Part 3, “Contractors and Subcontractors on Public Building or Public Work Financed in Whole or in Part by Loans or Grants from the United States”).

  • Originating LEA An LEA who originally executes the DPA in its entirety with the Provider. Provider: For purposes of the DPA, the term “Provider” means provider of digital educational software or services, including cloud-based services, for the digital storage, management, and retrieval of Student Data. Within the DPA the term “Provider” includes the term “Third Party” and the term “Operator” as used in applicable state statutes. Student Generated Content: The term “student-generated content” means materials or content created by a student in the services including, but not limited to, essays, research reports, portfolios, creative writing, music or other audio files, photographs, videos, and account information that enables ongoing ownership of student content.

  • Lender Fee Letter means each fee letter agreement that shall be entered into by and among the Borrower, the Servicer, the applicable Lender and its related Lender Agent in connection with the transactions contemplated by this Agreement, as amended, modified, waived, supplemented, restated or replaced from time to time.

  • Similar contract means Motor Vehicle.

  • Xxxx-Xxxxx-Xxxxxx Act means the Xxxx-Xxxxx-Xxxxxx Antitrust Improvements Act of 1976, as amended.

  • Xxxxxx Xxx Guides The Xxxxxx Xxx Xxxxxxx' Guide and the Xxxxxx Xxx Servicers' Guide and all amendments or additions thereto.

  • Unsubsidized Xxxxxxxx Loan means a Loan made pursuant to Section 428H of the Higher Education Act.

  • Multiyear contract means a contract that extends beyond a one-year period, including a contract that permits renewal of the contract, without competition, beyond the first year of the contract.

  • Xxxx-Xxxxx Act means the Xxxx-Xxxxx Xxxx Street Reform and Consumer Protection Act.

  • Open Contract means a Contract which has not been closed out and which has not yet matured;

  • Tender Contract means the contract between the City and each Tenderer governing the ITT process;

  • Assigned Contract shall have the meaning set forth in Section 1.1(b).

  • Xxxxx XX The segregated pool of assets consisting of all of the REMIC I Regular Interests conveyed in trust to the Trustee, for the benefit of the Holders of the REMIC II Regular Interests and the Holders of the Class R (as holders of the Class R-II Interest), pursuant to Article II hereunder, and all amounts deposited therein, with respect to which a separate REMIC election is to be made.