Post-Closing Audit of Station's Operations Sample Clauses

Работники организации Definition | Legislation Insider

Associated to Работники организации

Servicing Portfolio means, as to any Particular person, the unpaid principal stability of Mortgage Loans serviced by that Particular person below Servicing Contracts, minus the principal stability of all Mortgage Loans which can be serviced by that Particular person for others below subservicing preparations.

Investec means Investec Financial institution plc.

Be aware A-1 shall have the that means assigned to such time period within the recitals.

Be aware A-6 shall have the that means assigned to such time period within the recitals.

Be aware A-2 shall have the that means assigned to such time period within the recitals.

Nuveen Fund means any fund for which a Nuveen Subsidiary serves because the funding adviser and for which Nuveen Investments, LLC serves as a principal underwriter or as a member of the underwriting syndicate. A Nuveen Fund is any Nuveen Outlined Portfolio, Nuveen Closed-Finish Fund or Nuveen Open-Finish Fund.

Custody Account means every Securities custody account on Financial institution’s information to which Monetary Property are or could also be credited pursuant hereto.

: A Mortgage Mortgage is delinquent” if any cost due thereon shouldn’t be made by the shut of enterprise on the day such cost is scheduled to be due. A Mortgage Mortgage is “30 days delinquent” if such cost has not been acquired by the shut of enterprise on the corresponding day of the month instantly succeeding the month by which such cost was due, or, if there is no such thing as a such corresponding day (e.g., as when a 30-day month follows a 31-day month by which a cost was due on the thirty first day of such month) then on the final day of such instantly succeeding month. Equally for “60 days delinquent,” “90 days delinquent” and so forth.

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Be aware A-3 shall have the that means assigned to such time period within the recitals.

Mortgage Servicing Rights The rights and obligations of Vendor with respect to servicing the Mortgage Loans below the Servicing Agreements, together with any and all the following if and to the extent offered therein: (a) all rights to service a Mortgage Mortgage; (b) all rights to obtain servicing charges, Ancillary Earnings, reimbursements or indemnification for servicing the Mortgage Mortgage, and any funds acquired in respect of the foregoing and proceeds thereof; (c) the fitting to gather, maintain and disburse escrow funds or different funds with respect to the Mortgage Mortgage and any quantities really collected with respect thereto and to obtain curiosity revenue on such quantities to the extent permitted by Relevant Legislation; (d) all accounts and different rights to cost associated to any of the property described on this paragraph; (e) possession and use of any and all Credit score Recordsdata pertaining to the Mortgage Mortgage or pertaining to the previous, current or potential servicing of the Mortgage Mortgage; (f) to the extent relevant, all rights and advantages regarding the direct solicitation of the associated Mortgagors for refinance or modification of the Mortgage Loans and attendant proper, title and curiosity in and to the record of such Mortgagors and knowledge regarding their respective Mortgage Loans; and (g) all rights, powers and privileges incident to any of the foregoing.

Be aware A-5 shall have the that means assigned to such time period within the recitals.

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Be aware A-4 shall have the that means assigned to such time period within the recitals.

SUBI Collections means, with respect to any Assortment Interval, the online quantity collected or acquired by the Servicer in respect of the 20[●]-[●] SUBI Property through the Assortment Interval, together with: (i) Month-to-month Funds (together with Funds Forward and Pull-Ahead Funds, when acquired), Payoffs, and some other funds below the 20[●]-[●] Leases (excluding any Administrative Expenses); (ii) Reallocation Funds and Repurchase Funds made by the Servicer; (iii) Month-to-month Scheduled Termination Sale Proceeds; (iv) Month-to-month Early Termination Sale Proceeds (which incorporates Early Termination Expenses); (v) Web Liquidation Proceeds; (vi) Web Insurance coverage Proceeds; (vii) Remaining Web Auctions Proceeds; (viii) Remaining Payoffs; (ix) Extra Mileage and Extra Put on and Tear Expenses; (x) Recoveries; and (xi) Residual Worth Surplus; in every case to the extent not duplicative with some other clause of this definition.

Be aware A-8 shall have the that means assigned to such time period within the recitals.

Common Servicing Payment With respect to every Due Interval and any Mortgage Mortgage, an quantity equal to one-twelfth the product of (i) the Common Servicing Payment Price and (ii) the excellent principal stability of such Mortgage Mortgage as of the associated Willpower Date. The Common Servicing Payment is payable solely from, the curiosity portion (together with recoveries with respect to curiosity from Liquidation Proceeds to the extent permitted by Part 3.02 of this Settlement) of such Month-to-month Funds collected by the Servicer, or as in any other case offered below this Settlement. Common Servicing Payment Price: 0.50% every year.

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Variable account means the account established for a member who participates within the

RMBS means residential mortgage-backed securities.

Be aware A Holder means with reference to any A Be aware, the associated Preliminary Be aware Holder or any subsequent holder of such A Be aware, as relevant.

Mortgage servicer means the mortgagee or an individual apart from the mortgagee to whom a mortgagor or the mortgagor’s successor in curiosity is instructed by the mortgagee to ship funds on a loan secured by the mortgage. An individual transmitting a payoff assertion for a mortgage is the mortgage servicer for functions of such mortgage.

Mortgage loan originator means any establishment which originated a Mortgage Mortgage for a associated Borrower.

Particular Servicing Payment With respect to every Specifically Serviced Mortgage and REO Mortgage (apart from a Non-Serviced Mortgage Mortgage), the price payable to the Particular Servicer pursuant to Part 3.11(b).

CCRE Cantor Business Actual Property Lending, L.P., in its capability as a Mortgage Mortgage Vendor, and its successors in curiosity.

Be aware A Holders means the Noteholder(s) of A Notes.

Be aware Account As outlined within the Indenture.

Mortgage Mortgage Rider The usual Fannie Mae/Freddie Mac riders to the Mortgage Be aware and/or Mortgage riders required when the Mortgaged Property is a condominium unit or a unit in a deliberate unit growth.

Direct Account means an Account established straight with and thru BNYM as a registered account on the Fund Registry and thru which the proprietor of file has the power to straight conduct account and transactional exercise with and thru BNYM.