Borrower Notification Sample Clauses
Borrower Notification. With respect to any ▇▇▇▇▇▇’s claim for compensation for any amounts under Section 2.13 or this Section 2.14, the Borrower shall not be required to compensate such Lender for the interest and penalties with respect to such amounts if such Lender notifies the Borrower of the event that gives rise to such claim more than 180 days after such event (to the extent that such interest and penalties accrue more than 180 days after such event).
Borrower Notification. The Trustee and the School agree to cooperate with ▇▇▇▇▇▇ ▇▇▇ and take any steps necessary to ensure that the Borrower is properly notified of the sale of his or her Loan, if required by the Act and Regulations.
Borrower Notification. The Administrative Agent shall have received a written notification of the Borrower providing the information described in clause (iv) of the proviso to Section 7.2.9(n) of the Credit Agreement.
Borrower Notification. Borrower will promptly notify Lender of any default or breach by Moyes under the Moyes Note or any event that would have a material adverse effect on the financial condition of Moyes or Lender's security interest in the Collateral.
Borrower Notification. On each Geotrac NFIP Compliance Packet(SM) Company will supply to Client a borrower notification form which complies with all federal statutory and regulatory requirements.
Borrower Notification. 1. Unless otherwise agreed, mail the borrower notifications (Goodbye Letters) at least 15 days prior to the transfer date. Fax copies of the letters to Litton’s Loan Transfer Department at (▇▇▇) ▇▇▇-▇▇▇▇ or email to ▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ for approval prior to mailing the Goodbye Letters.
2. The Goodbye letters should include borrower notification that automatic payment service, ACH bank draft, will be discontinued. Their payments will no longer be deducted from their bank accounts. Only Prepaid Optional Insurance will be transferred.
3. Immediately after mailing the Goodbye Letters, provide the electronic mailing manifest used for the letters. This must include all variable fields such as mortgagor name, mailing address, property address, loan number, letter date, and transfer date.
4. Electronic files or hard copies of the Goodbye Letters must be sent to ▇▇▇▇▇▇ within 48 hours of mailing.
5. Use the contact information provided for Goodbye Letters: Hours of Operation 8:00 a.m. to 7:00 p.m. (CST) Customer Care Toll-Free Number (▇▇▇)▇▇▇-▇▇▇▇▇▇▇▇▇ Correspondence Address ▇▇▇▇▇▇ Loan Servicing LP Attention: Customer Assistance Response Team 48▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇ Payment Address ▇▇▇▇▇▇ Loan Servicing LP Attention: Cash Management Department P.▇. ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇, ▇▇▇▇▇ ▇▇▇▇▇-▇▇▇▇