Exceptions List definition
Examples of Exceptions List in a sentence
Once the Seller has cured all Uncured Document Exceptions for any Mortgage Loan or the Mortgage Loan has paid in full, the Purchaser shall pay to the Seller the amount of any Holdback Funds then held by the Purchaser with respect to the cured or paid in full Mortgage Loans on a pro-rata basis within one (1) Business Day of providing the Seller with an Exceptions List.
Exceptions: (List names of suppliers and/or subcontractors and amounts owed.
Commencing no later than the Initial Exceptions List Deadline, and on each calendar month thereafter, the Purchaser shall provide the Seller with an Exceptions List noting all Uncured Document Exceptions as of the end of the prior calendar month for all of the Mortgage Loans relating to the Servicing Rights sold on the related Sale Date.
Once the Seller has cured all Uncured Document Exceptions for any Mortgage Loan or the Mortgage Loan has paid in full, the Purchaser shall pay to the Seller the amount of any Holdback Funds then held by the Purchaser with respect to the cured or paid in full Mortgage Loans on a loan level pro-rata basis within one (1) Business Day of providing the Seller with an Exceptions List.
In the event the Exceptions List contains any material deviations from the representations and warranties set forth in Section 6.1, Buyer shall have five (5) days from the receipt of the Exceptions List to notify Seller whether it elects to proceed with the Closing and waive any objection to the items on the Exceptions List, or terminate this Agreement.
The Exceptions List shall identify all missing and/or incomplete documentation as required by the Servicer for Servicing hereunder with respect to each Student Loan file.
MEASURE OF SUCCESS ➢ Not more than two (2) major NPDES facilities are reported on EPA Headquarters’ Exceptions List for any given quarter.
The Servicer shall prepare and forward to the Owner an Exceptions List (herein called the “Exceptions List”) prior to the conversion of the Owner’s Student Loan files which identifies all missing and/or incomplete documentation with respect to each file if a promissory note examination is performed.
As to any Sale Date all Mortgage Loans not on the initial Exceptions List for which the related Servicing Rights were sold shall also be included in the initial Monthly Document Holdback Report as Monthly Document Holdback Loans.
In cases where TNRCC cannot meet the criteria in EPA’s oversight guidance, TNRCC agrees to notify EPA 45 days prior to the facility appearing on the Exceptions List.