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Examples of SPS Subservicing Agreement in the a phrase

Examples of SPS Subservicing Agreement in the a phrase

Associated Definitions

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  • Subservicing Agreement
  • Subservicing Arrangements
  • Interim Repair Agreement
  • Learn Repair Contract
  • Sub-Upkeep Contract
  • Back-Up Maintenance Agreement
  • Maintenance Agreements
  • Primary Servicing Contract
  • Very first Repair Arrangement

Seller shall not amend if not modify the SPS Subservicing Agreement; considering, however, one to Seller can get terminate new SPS Subservicing Arrangement.

Seller might not engage one subservicer toward Deferred Servicing Arrangements besides about the the fresh SPS Subservicing Arrangement.

Associated with SPS Subservicing Agreement

Subservicing Agreement The latest created bargain between your Learn Servicer and you will people Subservicer according to repair and you may administration off certain Mortgages because the offered in the Section step three.02, essentially when it comes to the fresh servicer package regarded otherwise contained in the System Book or even in such as for example most other mode as the has been approved by the Master Servicer together with Depositor.

Meantime Servicing Arrangement This new arrangement to-be inserted towards the by the Buyer and the Interim Servicer, taking to your Interim Servicer in order to services the borrowed funds Fund given that given of the Interim Maintenance Contract.

Master Repair Arrangement mode the proprietor servicing agreement entered with the on the between your Guarantor, brand new Issuer together with Master Servicer.

Sub-Repair Agreement New created bargain between the Servicer and a sandwich-Servicer in accordance with maintenance and you can management out of certain Mortgages because considering during the Area 3.02.

Back-Up Upkeep Agreement means particular Straight back-Right up Maintenance Agreement to be registered toward from the and you will among the many Team, the Administrative Agent together with Straight back-Up Servicer, therefore agreement finished, restated, supplemented or otherwise altered periodically.

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