After the Transfer Date Clause Samples

After the Transfer Date the Successor Trustee shall not use any advertising, materials, plan documents, or any other printed matter referring to the Resigning Trustee as trustee of any Plans.
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After the Transfer Date the successor trustee shall not accept any new plans naming the resigning trustee as trustee, nor shall the successor trustee use any advertising, materials, plan documents, or any other printed matter referring to the resigning trustee as trustee of any Retirement Accounts sponsored by the League.
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After the Transfer Date. 16.1 Each Participating Creditor agrees that in the event that it receives any Distributions with respect to the Assigned Rights in relation to any of its Participating Eligible Admitted Claim(s) after the relevant Transfer Date(s) (“Post-Transfer Distributions”), such Post- Transfer Distributions shall be promptly returned to LBIE. 16.2 In the event a Participating Creditor receives any notices or other documents from (or on behalf of) LBIE in respect of the Assigned Rights in relation to any of its Participating Eligible Admitted Claim(s) after the relevant Transfer Date(s), such Participating Creditor shall promptly notify LBIE that it is no longer the owner of such Assigned Rights and at LBIE’s request shall return such notices or documents to LBIE. 16.3 In the event that all or any portion of the Assigned Rights in relation to a Participating Creditor’s Participating Eligible Admitted Claim(s) are not assignable by a Participating Creditor to LBNL, then, with effect from the relevant Transfer Date(s), such Participating Creditor grants to any relevant End Purchaser a 100 per cent. participation interest in such Assigned Rights, in a manner consistent with the provisions of this Agreement and applicable law. 16.4 Each Participating Creditor agrees and acknowledges that as of the relevant Transfer Time(s) it will no longer be able to access any information regarding its relevant Participating Eligible Admitted Claim(s) (including any relevant Eligible Agreement(s), any relevant UCC1(s), any relevant UCC2(s) and any relevant Creditor Agreement(s)) via the LBIE Client Information Portal.
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After the Transfer Date. 1. Within one (1) Business Day after the Transfer Date, EMC will deliver to Ocwen reports setting forth all Mortgage Loan escrow/impound balances as of the Transfer Date, reporting all unposted payments and unearned fees which are deemed collected as of the Transfer Date, and including a reconciliation of such escrow/impound balances. 2. Within one (1) Business Day after the Transfer Date, EMC will deliver to Ocwen all Mortgage Loan histories in bulk or electronically from origination to the Transfer Date to the extent available. 3. EMC shall deliver to Ocwen any correspondence received by EMC relating to the Mortgage Loans after the Transfer Date, such as tax bills, insurance bills, borrower letters and the like. Such items shall be forwarded to Ocwen within one (1) Business Day following the day on which the correspondence is received by EMC, or as soon thereafter as is practicable. The correspondence shall be forwarded to Ocwen via overnight courier for the first sixty (60) days subsequent to the Transfer Date and via regular mail thereafter. 4. EMC shall deliver to Ocwen any payments on the Mortgage Loans received by EMC from the related Mortgagors for a period of sixty (60) days following the Transfer Date. EMC shall forward any such payment to Ocwen within one (1) Business Days after EMC’s receipt thereof, or as soon thereafter as is practicable. Such payments shall be forwarded to Ocwen via overnight courier for the first thirty (30) days subsequent to the Transfer Date and via regular mail for the following thirty (30) days. Thereafter, EMC may return to the related Mortgagors any payments on the Mortgage Loans received by EMC. 5. EMC shall prepare and send Internal Revenue Service Form 1098 and 1099 forms to all Mortgagors for the period from January 1 of the year in which the Transfer Date occurs through the Transfer Date. 6. No later than one (1) Business Days after the Transfer Date, EMC shall deliver to Ocwen, copies of all cut-off or accounting reports relating to the Mortgage Loans as of the Transfer Date, including a trial balance and reports of collections, delinquencies, prepayments, curtailments, escrow payments, escrow balances, partial payments, partial payment balances and other like information on the Mortgage Loans. 7. EMC shall mail year-end statements reporting interest income and interest expense statements to the Mortgagors for the period from January 1 of the year in which the Transfer Date occurs through the Transfer Date.
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After the Transfer Date relating to a Receivable, the Originator shall take no action, nor omit to take any action, which would impair the rights of the Buyer in such Receivable.
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Related to After the Transfer Date

  • Transfer Date In the event the Interim Servicer is terminated as servicer of a Mortgage Loan pursuant to the Interim Servicing Agreement, the date on which the Purchaser, or its designee, shall receive the transfer of servicing responsibilities and begin to perform the servicing of such Mortgage Loans, and the Interim Servicer shall cease all servicing responsibilities.

  • Mortgage Payments Received After Transfer Date The amount of any related Monthly Payments received by the Seller after the related Transfer Date shall be forwarded to the Purchaser by overnight mail within one (1) Business Day following the date of receipt. The Seller shall notify the Purchaser of the particulars of the payment, which notification requirement shall be satisfied if the Seller forwards with its payment sufficient information to permit appropriate processing of the payment by the Purchaser. The Seller shall assume full responsibility for the necessary and appropriate legal application of such Monthly Payments received by the Seller after the related Transfer Date with respect to related Mortgage Loans then in foreclosure or bankruptcy; provided, for purposes of this Agreement, necessary and appropriate legal application of such Monthly Payments shall include, but not be limited to, endorsement of a Monthly Payment to the Purchaser with the particulars of the payment such as the account number, dollar amount, date received and any special Mortgagor application instructions and the Seller shall comply with the foregoing requirements with respect to all Monthly Payments received by it after the related Transfer Date.

  • Allocations During the Early Amortization Period During the Early Amortization Period, an amount equal to the product of (A) the Principal Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Principal Receivables deposited in the Collection Account on such Deposit Date, shall be allocated to the Series 1997-1 Certificateholders and retained in the Collection Account until applied as provided herein; provided, however, that after the date on which an amount of such Collections equal to the Adjusted Invested Amount has been deposited into the Collection Account and allocated to the Series 1997-1 Certificateholders, such amount shall be first, if any other Principal Sharing Series is outstanding and in its amortization period or accumulation period, retained in the Collection Account for application, to the extent necessary, as Shared Principal Collections on the related Distribution Date, and second paid to the Holders of the Transferor Certificates only if the Transferor Amount on such date is greater than the Required Transferor Amount (after giving effect to all Principal Receivables transferred to the Trust on such day) and otherwise shall be deposited in the Special Funding Account.

  • Remittance Date The 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of any month.

  • Books and Records; Certain Funds Received After the Cut-Off Date From and after the sale of the Mortgage Loans to the Purchaser, record title to each Mortgage (other than with respect to any Outside Serviced Mortgage Loan) and each Note shall be transferred to the Trustee subject to and in accordance with this Agreement. Any funds due after the Cut-Off Date in connection with a Mortgage Loan received by the Seller shall be held in trust on behalf of the Trustee (for the benefit of the Certificateholders) as the owner of such Mortgage Loan and shall be transferred promptly to the Certificate Administrator. All scheduled payments of principal and interest due on or before the Cut-Off Date but collected after the Cut-Off Date, and all recoveries and payments of principal and interest collected on or before the Cut-Off Date (only in respect of principal and interest on the Mortgage Loans due on or before the Cut-Off Date and principal prepayments thereon), shall belong to, and shall be promptly remitted to, the Seller. The transfer of each Mortgage Loan shall be reflected on the Seller’s balance sheets and other financial statements as the sale of such Mortgage Loan by the Seller to the Purchaser. The Seller intends to treat the transfer of each Mortgage Loan to the Purchaser as a sale for tax purposes. Following the transfer of the Mortgage Loans by the Seller to the Purchaser, the Seller shall not take any actions inconsistent with the ownership of the Mortgage Loans by the Purchaser and its assignees. The transfer of each Mortgage Loan shall be reflected on the Purchaser’s balance sheets and other financial statements as the purchase of such Mortgage Loan by the Purchaser from the Seller. The Purchaser intends to treat the transfer of each Mortgage Loan from the Seller as a purchase for tax purposes. The Purchaser shall be responsible for maintaining, and shall maintain, a set of records for each Mortgage Loan which shall be clearly marked to reflect the transfer of ownership of each Mortgage Loan by the Seller to the Purchaser pursuant to this Agreement. It is expressly agreed and understood that, notwithstanding the assignment of the Loan Documents, it is expressly intended that the Seller will receive the benefit of any securitization indemnification provisions in the Loan Documents.