Servicing Agreement definition: Copy, customize, and use instantly
Introduction
The term "Servicing Agreement" refers to a contract between a servicer and a principal party, such as a lender or a business, outlining the responsibilities and terms under which servicing tasks will be performed. These agreements are critical for ensuring that services, such as loan servicing, asset management, or collection services, are carried out in accordance with established standards.
Below are various examples of how "Servicing Agreement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Servicing Agreement" as a loan servicing contract
This definition ties "Servicing Agreement" to a loan servicing context.
"Servicing Agreement" means an agreement in which a servicer is appointed to manage the collection of payments, maintenance, and other administrative duties related to the servicing of loans.
Definition of "Servicing Agreement" as a property management contract
This definition connects "Servicing Agreement" to property management.
"Servicing Agreement" refers to an agreement between a property owner and a service provider to handle the management, maintenance, and leasing of real property.
Definition of "Servicing Agreement" as a contract for managing financial assets
This definition links "Servicing Agreement" to asset management.
"Servicing Agreement" means a contract outlining the responsibilities of a servicer in managing financial assets, including the collection of payments, administration, and any required reporting.
Definition of "Servicing Agreement" as a contract between a third-party servicer and a financial institution
This definition applies "Servicing Agreement" to third-party arrangements.
"Servicing Agreement" refers to an agreement in which a third-party servicer is retained by a financial institution to perform servicing tasks, including loan servicing and collection of payments.
Definition of "Servicing Agreement" as a servicing contract for real estate loans
This definition ties "Servicing Agreement" to real estate loans.
"Servicing Agreement" means a contract under which a servicer is responsible for managing, collecting, and disbursing payments related to a real estate loan or mortgage.
Definition of "Servicing Agreement" as an agreement for servicing of credit card receivables
This definition connects "Servicing Agreement" to credit card receivables.
"Servicing Agreement" refers to a contract between a servicer and a credit card issuer for managing and collecting payments, fees, and charges related to credit card receivables.
Definition of "Servicing Agreement" as an agreement for managing loan portfolios
This definition links "Servicing Agreement" to loan portfolios.
"Servicing Agreement" means a contract between a lender and a servicer to manage the lender's loan portfolio, including collection, reporting, and handling of delinquencies.
Definition of "Servicing Agreement" as a maintenance agreement for serviced goods
This definition applies "Servicing Agreement" to the servicing of goods.
"Servicing Agreement" refers to a contract between a company and a service provider to maintain and repair goods, equipment, or assets that are regularly serviced under specific terms.
Definition of "Servicing Agreement" as a servicing contract for a mortgage-backed security
This definition ties "Servicing Agreement" to mortgage-backed securities.
"Servicing Agreement" means an agreement under which a servicer is responsible for managing and servicing a mortgage-backed security portfolio, ensuring timely payment collection and investor reporting.
Definition of "Servicing Agreement" as an agreement for the management of vehicle leases
This definition connects "Servicing Agreement" to vehicle lease management.
"Servicing Agreement" refers to an agreement between a leasing company and a servicer for managing the collection of lease payments and handling of maintenance for vehicle leases.
Definition of "Servicing Agreement" as a servicing arrangement for an asset-backed security
This definition links "Servicing Agreement" to asset-backed securities.
"Servicing Agreement" means a contract under which a servicer is responsible for the collection of payments and management of an asset-backed security, including reporting to investors.
Definition of "Servicing Agreement" as an agreement for administrative services
This definition ties "Servicing Agreement" to administrative services.
"Servicing Agreement" refers to a contract where a servicer is hired to perform administrative tasks, such as payment processing and customer support, for a principal party.
Definition of "Servicing Agreement" as a servicing contract for student loans
This definition connects "Servicing Agreement" to student loans.
"Servicing Agreement" refers to a contract under which a servicer manages the collection and administration of student loan payments, including managing borrower inquiries and repayment options.
Definition of "Servicing Agreement" as an agreement for managing credit agreements
This definition links "Servicing Agreement" to credit agreements.
"Servicing Agreement" means an agreement between a servicer and a creditor to manage and service credit agreements, including the collection of payments and management of defaults.
Definition of "Servicing Agreement" as a loan servicing agreement with an emphasis on collections
This definition ties "Servicing Agreement" to collections.
"Servicing Agreement" refers to a contract where a servicer is responsible for managing and collecting loan payments, including managing delinquencies, defaults, and the initiation of collections activities.
Definition of "Servicing Agreement" as an agreement for performing regulatory compliance
This definition connects "Servicing Agreement" to regulatory compliance.
"Servicing Agreement" means a contract under which a servicer performs tasks related to regulatory compliance, such as ensuring all loan servicing activities adhere to applicable laws and regulations.
Definition of "Servicing Agreement" as a servicing agreement for the administration of insurance policies
This definition links "Servicing Agreement" to insurance policies.
"Servicing Agreement" refers to a contract under which a servicer is responsible for managing and servicing insurance policies, including premium collection, policy renewals, and claims processing.
Definition of "Servicing Agreement" as a contract for the management of investment portfolios
This definition ties "Servicing Agreement" to investment portfolios.
"Servicing Agreement" means a contract between an investment firm and a service provider to manage and administer investment portfolios, including the collection of income and reporting to investors.
Definition of "Servicing Agreement" as an agreement to perform property servicing tasks
This definition connects "Servicing Agreement" to property tasks.
"Servicing Agreement" refers to a contract between a property owner and a service provider to handle property-related services, including maintenance, repairs, and tenant management.
Definition of "Servicing Agreement" as an agreement for the administration of healthcare receivables
This definition links "Servicing Agreement" to healthcare receivables.
"Servicing Agreement" means a contract under which a servicer manages healthcare receivables, including the collection of payments from patients and insurers and reporting to healthcare providers.
Definition of "Servicing Agreement" as a servicing agreement for managed funds
This definition ties "Servicing Agreement" to managed funds.
"Servicing Agreement" refers to a contract under which a servicer is hired to manage the collection of investor contributions, disbursements, and fund reporting in a managed fund.
Definition of "Servicing Agreement" as an agreement for asset servicing
This definition connects "Servicing Agreement" to asset servicing.
"Servicing Agreement" means a contract under which a servicer is responsible for managing the servicing of assets, including collection, maintenance, and reporting of asset performance.
Definition of "Servicing Agreement" as a servicing arrangement for franchise operations
This definition links "Servicing Agreement" to franchise operations.
"Servicing Agreement" refers to a contract between a franchisor and a service provider to manage and support the operations of the franchise, including training, supply chain management, and other related services.
Definition of "Servicing Agreement" as a servicing agreement for mortgage servicing rights
This definition ties "Servicing Agreement" to mortgage servicing rights.
"Servicing Agreement" refers to a contract where a servicer is appointed to manage mortgage servicing rights, including the collection of payments, management of defaults, and communication with borrowers.
Definition of "Servicing Agreement" as a servicing arrangement for a portfolio of loans
This definition connects "Servicing Agreement" to loan portfolios.
"Servicing Agreement" means a contract under which a servicer manages a portfolio of loans, including the servicing of existing loans, processing of payments, and maintaining compliance with loan terms.
Definition of "Servicing Agreement" as an agreement to perform vendor management services
This definition links "Servicing Agreement" to vendor management.
"Servicing Agreement" refers to a contract where a service provider is hired to manage vendor relationships, including selection, performance monitoring, and contract compliance.
Definition of "Servicing Agreement" as an agreement for the management of investment loan portfolios
This definition ties "Servicing Agreement" to investment loan portfolios.
"Servicing Agreement" means a contract under which a servicer is responsible for managing and servicing investment loan portfolios, including processing payments and managing defaults.
Definition of "Servicing Agreement" as a loan servicing agreement for non-performing loans
This definition connects "Servicing Agreement" to non-performing loans.
"Servicing Agreement" refers to an agreement under which a servicer is appointed to manage non-performing loans, including restructuring, collections, and recovery efforts.
Definition of "Servicing Agreement" as an agreement for servicing auto loans
This definition links "Servicing Agreement" to auto loans.
"Servicing Agreement" refers to a contract where a servicer is hired to manage auto loan payments, including collections, default management, and reporting to lenders.
Definition of "Servicing Agreement" as an agreement for a servicing provider of high-value assets
This definition ties "Servicing Agreement" to high-value assets.
"Servicing Agreement" means a contract between a service provider and an owner of high-value assets, where the provider is responsible for maintaining and servicing the assets according to agreed terms.
Definition of "Servicing Agreement" as a long-term loan servicing arrangement
This definition connects "Servicing Agreement" to long-term loan servicing.
"Servicing Agreement" refers to a contract where a servicer is appointed for the long-term management and servicing of a loan, including payment collections and account maintenance.
Definition of "Servicing Agreement" as an agreement for servicing complex loans
This definition links "Servicing Agreement" to complex loan servicing.
"Servicing Agreement" refers to a contract where a servicer manages and services complex loan structures, including syndicated loans, structured finance products, and other customized financial instruments.
Definition of "Servicing Agreement" as an agreement for managing credit facilities
This definition ties "Servicing Agreement" to credit facilities.
"Servicing Agreement" means a contract where a servicer is responsible for managing a credit facility, including monitoring compliance with facility terms, making disbursements, and handling repayments.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.