Origination Records definition

Origination Records means and refers to the original EDUCATION ONE Loan application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from Bank One in order to service EDUCATION ONE Loans adequately and accurately.
Origination Records means and refers to the original Bank of America DTC Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service Bank of America DTC Loans adequately and accurately.
Origination Records means and refers to the original Bank of America GATE Education Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Product Specifications as required to be received by the Servicer from the Program Lender in order to service Bank of America GATE Conforming Loans adequately and accurately. "Origination Services Agreement" refers to (a) the Origination Services Agreement entered into between Servicer and Program Lender with respect to origination of prepGATE Conforming Loans, as amended from time to time, and (b) any subsequent agreement relating to origination services provided to Program Lender with respect to Bank of America GATE Education Loan Notes purchased under this Agreement.

Examples of Origination Records in a sentence

  • Program Lender shall require the party who originated each such Seasoned Loan to complete any loan origination services being performed for Program Lender on the Purchase Date so that complete Origination Records are ready for transfer to the Purchaser Trust (or to Servicer on its behalf).

  • On the Purchase Date, Bank One shall deliver to FMC or the Purchaser Trust or to the Servicer, as agent for FMC or the Purchaser Trust and/or the trustee of the Trust Indenture, each Bank One Note originated by Bank One included in the Pool and the related Origination Records (or such alternative evidence of the Loans as is acceptable to the Guarantor and all parties to the Securitization Transaction).

  • Program Lender hereby transfers and delivers to the Purchaser Trust each EDUCATION ONE Note evidencing such EDUCATION ONE Loan and all Origination Records relating thereto, in accordance with the terms of the Agreement.

  • Upon receipt of said repurchase price, FMC shall, or, if applicable, shall cause the Purchaser Trust or the Servicer to, deliver the Bank One Note and the Origination Records relating thereto to Bank One, duly endorsed or assigned to Bank One or to such person as Bank One may direct, in any such case, without recourse to FMC or the Purchaser Trust.

  • Program Lender shall require the party who originated each NextStudent Conforming Loan to complete any loan origination services being performed for Program Lender on the Purchase Date so that complete Origination Records are ready for transfer to the Purchaser Trust (or to Servicer on its behalf).


More Definitions of Origination Records

Origination Records means and refers to the original NextStudent Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service NextStudent Conforming Loans adequately and accurately.
Origination Records means and refers to the original CFS Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service CFS Conforming Loans adequately and accurately.
Origination Records means and refers to the original Bank of America Direct to Consumer Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. Section 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service Bank of America Direct to Consumer Conforming Loans adequately and accurately.
Origination Records means and refers to the original GATE Note, a cosigner application (in those cases in which the Program Manual requires a credit-tested cosigner), a form of cosigner notice when required under 16 C.F.R. ss. 444, and any other standardized documentation specified from time to time in the Program Manual as required to be received by the Servicer from the Program Lender in order to service GATE Conforming Loans adequately and accurately.
Origination Records means and refers to the original Bank of America SC Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service Bank of America SC Conforming Loans adequately and accurately.
Origination Records means and refers to the original GMAC Bank Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service GMAC Bank Conforming Loans adequately and accurately.
Origination Records means and refers to the original Bank of America SC Loan Application and Note, a form of cosigner notice when required under 16 C.F.R. § 444, and any other standardized documentation specified from time to time in the Program Guidelines as required to be received by the Servicer from the Program Lender in order to service Bank of America SC Conforming Loans adequately and accurately. "Participating Institution" means an institution approved by XXXX for participation in the Bank of America SC Loan Programs. "Program" shall mean, collectively, the Bank of America Private Loan Programs and the Bank of America XXXX Loan Programs. "Program Guidelines" has the meaning set forth in the Umbrella Agreement. "Purchase Date" shall mean the date of consummation of a Securitization Transaction with respect to a particular Pool including Bank of America SC Conforming Loans originated by Program Lender, which date: (a) shall be set by written notice from FMC to Program Lender, given to Program Lender not less than five (5) Business Days in advance of the specified date, and (b) shall occur [**] for each loan in the Pool in question. "Purchaser Trust" shall mean and refer to a trust or other SPE formed for the purpose of purchasing Bank of America SC Conforming Loans by FMC or by any Affiliate of FMC. Any action required or permitted to be taken by FMC hereunder may be taken by a Purchaser Trust with respect to a particular Pool. "Rating Agencies" shall mean and refer to Standard and Poor's Corporation and/or Xxxxx'x Investors Service, Inc., and/or Duff & Xxxxxx, and/or Fitch Investors Services. “Seasoned Loan” means a Bank of America SC Conforming Loan made by Program Lender that becomes “seasoned” in accordance with the following criteria: