Common use of Additional Monthly Reporting Requirements Clause in Contracts

Additional Monthly Reporting Requirements. (a) In connection with any Securitization Transfer, Countrywide shall provide to the Master Servicer prompt notice of the occurrence of any of the following: any Event of Default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of Countrywide, or Countrywide’s engagement of any Subservicer or Subcontractor, to perform or assist in the performance of any of Countrywide’s obligations under this Agreement.

Appears in 3 contracts

Samples: Servicing Agreement (Thornburg Mortgage Securities Trust 2006-1), Master Mortgage Loan Purchase (J.P. Morgan Mortgage Trust 2006-A1), Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

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Additional Monthly Reporting Requirements. (a) In connection with any Securitization Transfer, Countrywide shall provide to the Master Servicer prompt notice of the occurrence of any of the following: any Event of Default under the terms of this Agreement, any merger, consolidation or sale of substantially all of the assets of Countrywide, or Countrywide’s engagement of any Subservicer or Subcontractor, to perform or assist in the performance of any of Countrywide’s obligations under this AgreementSubservicer.

Appears in 2 contracts

Samples: Purchase and Servicing Agreement, Master Mortgage Loan Purchase and Servicing Agreement (Jpmac 2006-Cw1)

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