Servicer Data Remittance Date definition

Servicer Data Remittance Date. With respect to each Distribution Date, the second Business Day immediately following the 15th day of the month of such Distribution Date.
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Servicer Data Remittance Date. With respect to any Mortgage Loan and any Distribution Date, the 10th day of the calendar month in which such Distribution Date occurs, or if such 10th day is not a Business Day, the Business Day immediately succeeding such 10th day.
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Servicer Data Remittance Date as set forth in Section 1.01 of the Pooling and Servicing Agreement is hereby amended and restated in its entirety as follows:
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Examples of Servicer Data Remittance Date in a sentence

  • The foregoing information shall be reported to the Trustee each month on or before the Servicer Data Remittance Date.

  • On each Distribution Date, the Trustee shall verify, based on the recovery and expense information provided by Wilshire on the related Servicer Data Remittance Date, (i) the aggregate amount of accrued and unpaid Servicing Fees to be paid to Wilshire and expenses to be reimbursed to Wilshire on such Charged Off Loans as of the related Due Period and (ii) the amount of Net Recoveries on such Charged Off Loans for such Distribution Date.

  • Each Servicer shall provide to the Trustee the information set forth in Exhibit Z hereto in such form as the Trustee shall reasonably request with respect to each Mortgage Loan serviced by such Servicer no later than twelve noon on the Servicer Data Remittance Date to enable the Trustee to calculate the amounts to be distributed to each Class of Certificates and otherwise perform its distribution, accounting and reporting requirements hereunder.

  • As to any Ocwen Serviced Loan for which Ocwen is to receive the compensation described in the previous sentence in lieu of its Servicing Fee, Ocwen shall report such information to the Trustee together with the information reported to the Trustee on each Servicer Data Remittance Date pursuant to Section 4.06 hereof.

  • The Trustee shall track collections received by Wilshire on any Charged Off Loans based upon loan level data provided to the Trustee by Wilshire on each Servicer Data Remittance Date in a report in the form of Exhibit U hereto, identifying the Charged Off Loans as of the related Due Period that Wilshire will continue to service until the related Release Date using Wilshire Special Servicing.

  • The Servicer shall provide to the Trustee the information set forth in Exhibit Z hereto in such form as the Trustee shall reasonably request with respect to each Mortgage Loan no later than twelve noon on the Servicer Data Remittance Date to enable the Trustee to calculate the amounts to be distributed to each Class of Certificates and otherwise perform its distribution, accounting and reporting requirements hereunder.

  • The Trustee shall track collections received by [________] and [________] on any Charged Off Loans based upon loan level data provided to the Trustee by [________] and [________] on each Servicer Data Remittance Date in a report in the form of Exhibit U hereto, identifying the Charged Off Loans as of the related Due Period that [________] or [________], as applicable, will continue to service until the related Release Date using [________] Special Servicing or [________] Special Servicing, as applicable.

  • If the Deductible is less than the aggregate claim amount of approved claims, the Mortgage Pool Insurer, in its sole discretion, will determine the losses allocable to the Deductible and the losses allocable to the Mortgage Pool Insurance Policy and pay the amount of such shortfall to the Trustee, by wire transfer, not later than the close of business on the fourth Business Day after the related Servicer Data Remittance Date.

  • The Trustee shall track collections received by Wilshire on any Charged Off Loans based upon loan level data provided to the Trustee by Wilshire on each Servicer Data Remittance Date in a report in the form of Exhibit U hereto, identifying the Charged Off Loans as of the related Due Period that Wilshire will continue to service until the related Release Date using non- foreclosure collection procedures.

  • On each Distribution Date, the Trustee shall verify, based on the recovery and expense information provided by Wilshire on the Servicer Data Remittance Date, (i) the aggregate amount of accrued and unpaid Servicing Fees to be paid to Wilshire and expenses to be reimbursed to Wilshire on such Charged Off Loans as of the related Due Period and (ii) the amount of Net Recoveries on such Charged Off Loans for such Distribution Date.


More Definitions of Servicer Data Remittance Date

Servicer Data Remittance Date. With respect to each Distribution Date and the Wilshire Serviced Loans, the second Business Day immediately following the 15th day of the month of such Distribution Date. With respect to each Distribution Date and the Option One Serviced Loans, the third Business Day immediately following the related Determination Date.
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Related to Servicer Data Remittance Date

  • Servicer Remittance Date With respect to any Distribution Date, the 18th day of the calendar month in which such Distribution Date occurs or, if such 18th day is not a Business Day, the Business Day immediately following.

  • Master Servicer Remittance Date With respect to any Distribution Date, the Business Day immediately preceding such Distribution Date.

  • Remittance Date With respect to each Distribution Date, the 18th day (or if such 18th day is not a Business Day, the first Business Day immediately following) of the month in which such Distribution Date occurs.

  • Monthly Remittance Date The 18th day of each month, or if the 18th day is not a Business Day, the preceding Business Day.

  • Servicer Remittance Report As defined in Section 4.03(d).