Servicing facility definition

Servicing facility means those persons delegated by the Boardand approved by the Commissioner to settle or compromise claims and to expend Fund assets to pay claims.

Servicing facility means those persons delegated by the Board to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg. Sess., 1986), c. 1013, s. 1; 1987, c. 528, s. 1; 1997-362, s. 8; 2005-400, s. 1.2; 2011-196, s. 10.)

Servicing facility means a person or persons delegated by the Board of Directors to settle or compromise claims and to expend Association assets to pay claims.

Examples of Servicing facility in a sentence

• Section 7.2 Financial Statements; Servicing Facility........................

• Notwithstanding any of the foregoing to the contrary, such grant of a security interest in Servicing Facility Rights shall terminate (i) when CSFBMC or its Affiliates do not constitute all of the “Buyers” (as defined in the Servicing Facility Agreement) or all of the Buyers under this Agreement, or (ii) when the outstanding aggregate “Repurchase Price” under such Servicing Facility Agreement has been paid in full and the Servicing Facility Agreement has been terminated.

• With respect to the Servicing Facility Rights, Section 4.05 of the Servicing Facility Agreement is deemed to apply and is incorporated by reference herein.

• The License of the Mesa Loan Servicing Facility will be replaced with the Lease of the former NCL Space at the Mesa Loan Servicing Facility exclusively to GO in 2014.

• As of December 31, 2010, the note rate on the Servicing Facility was 6.3% and 3.8% on the Second Facility.

More Definitions of Servicing facility

Servicing facility means those persons delegated by the Board and

Servicing facility means those persons that are delegated the

Servicing facility means an operating base location to which a transportation vehicle returns regularly to pick up FOOD, SINGLE-SERVICE ARTICLES, or EQUIPMENT; being held for the restocking, resupply, or operation of an UNATTENDED FOOD SALES ESTABLISHMENT.

Servicing facility means any insurer engaged in writing direct property insurance in this State and licensed in this State, and any other party authorized to act in like capacity on behalf of the fund. ‘‘§ –2. Establishment of Hawaii hurricane relief fund. There shall be a Hawaii hurricane relief fund to be placed within the department of commerce and consumer affairs for administra- tive purposes. The fund shall be a public body and a body corporate

Servicing facility the credit facility provided for in Section 2.01.

Servicing facility means those persons delegated by the Board and approved by the Commissioner to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg. Sess., 1986), c. 1013, s. 1; 1987, c. 528, s. 1; 1997-362, s. 8; 2005-400, s. 1.2.)

Servicing facility means those persons delegated by the Board to settle or compromise claims and to expend Fund assets to pay claims. (1985 (Reg.