Servicing Shift Controlling Note Securitization Date definition
Examples of Servicing Shift Controlling Note Securitization Date in a sentence
Notwithstanding the foregoing, in the case of a Servicing Shift Mortgage Loan (prior to its becoming an Outside Serviced Mortgage Loan), the timing of any recordation of the documents referred to herein shall be governed by the last paragraph of the definition of “Mortgage File” and, following the related Servicing Shift Controlling Note Securitization Date, if such recordation has been effected, such documents shall be assigned in accordance with the last paragraph of the definition of “Mortgage File”.
In addition to the foregoing, with respect to each Servicing Shift Loan Combination, after the related Servicing Shift Controlling Note Securitization Date the related Mortgage Loan shall be an Outside Serviced Mortgage Loan, and the rights, duties and obligations of the Issuing Entity and the parties to this Agreement shall be as set forth herein with respect to Outside Serviced Mortgage Loans.