Common use of Advances by Master Servicer Clause in Contracts

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer Servicer, as successor servicer, shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer Servicer, as successor servicer, determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer Servicer, as successor servicer, and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer Servicer, as successor servicer, determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer Servicer, as successor servicer, shall be under no obligation to make such Advance. If the Master Servicer Servicer, as successor servicer, determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer Servicer, as successor servicer, need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer Servicer, as successor servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer Servicer, as successor servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer Servicer, as successor servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer Servicer, as successor servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer Servicer, as successor servicer shall be under no obligation to make such Advance. If the Master Servicer Servicer, as successor servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer Servicer, as successor servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer Servicer, as successor servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related applicable Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer Servicer, as successor servicer, shall itself make, or shall cause the any other successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such the applicable Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person)...

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or applicable Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date immediately following such Determination Date, remit to the Securities Administrator from its own funds (or funds advanced by such the applicable Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is nona Non-recoverablerecoverable Advance, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is nona Non-recoverablerecoverable Advance, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator Trustee to such effect (effect; provided, howeverthat, with respect to any Mortgage Loan for which the related Servicer provided an Officer Certificate that the Master Servicer need not provide any Advance would constitute a Non-recoverable Advance, such Officer’s Certificate to the Securities Administrator so long as shall fulfill the Master Servicer and the Securities Administrator are the same Person)Servicer’s obligations under this Section 4.3.

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or applicable Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date immediately following such Determination Date, remit to the Securities Administrator from its own funds (or funds advanced by such the applicable Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is nona Non-recoverablerecoverable Advance, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is nona Non-recoverablerecoverable Advance, it shall, on or prior to the related Distribution Date, deliver an Officer’s 's Certificate to the Securities Administrator Indenture Trustee to such effect (effect; provided, howeverthat, with respect to any Mortgage Loan for which the related Servicer provided an Officer Certificate that any Advance would constitute a Non-recoverable Advance, such Officer's Certificate shall fulfill the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person)Servicer's obligations under this Section 9.3.

Advances by Master Servicer. If any Servicer the Servicing Administrator fails to remit any Advance required to be made funded under the related Purchase and Servicing this Agreement or the applicable Servicing Agreement, as applicable, the Master Servicer shall itself makefund, or shall cause the successor to such Servicer or successor Servicing Administrator to makefund, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date immediately following such Determination Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer, the Servicer and each Servicer the Servicing Administrator shall be entitled to be reimbursed for all Advances made funded by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-recoverablea Nonrecoverable Advance, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverablea Nonrecoverable Advance, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator Trustee to such effect effect. Reimbursements of (provided, however, that i) Advances to the Master Servicer need not provide such Officer’s Certificate on the one hand and the Servicing Administrator or any Servicer on the other hand, and (ii) Servicing Advances to the Securities Servicing Administrator so long as or any Servicer will be allocated pro rata based on the amount of unreimbursed Advances and Servicing Advances reimbursable to the Master Servicer and (solely with respect to Advances) the Securities Servicing Administrator are or any Servicer with respect to the same Person)related Mortgage Loan.

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer as successor servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer as successor servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer as successor servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer as successor servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer as successor servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer as successor servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any the Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such the Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-non- recoverable, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person).

Advances by Master Servicer. If any Servicer fails to remit any Advance required to be made under the related applicable Purchase and Servicing Agreement or Servicing Agreement, as applicable, the Master Servicer shall itself make, or shall cause the successor Servicer to make, such Advance. If the Master Servicer determines that such an Advance is required, it shall on the Business Day immediately preceding the related Distribution Date remit to the Securities Administrator from its own funds (or funds advanced by such the applicable Servicer) for deposit in the Distribution Account immediately available funds in an amount equal to such Advance. The Master Servicer and each Servicer shall be entitled to be reimbursed for all Advances made by it. Notwithstanding anything to the contrary herein, in the event the Master Servicer determines in its reasonable judgment that an Advance is non-recoverable, the Master Servicer shall be under no obligation to make such Advance. If the Master Servicer determines that an Advance is non-recoverable, it shall, on or prior to the related Distribution Date, deliver an Officer’s Certificate to the Securities Administrator to such effect (provided, however, that the Master Servicer need not provide such Officer’s Certificate to the Securities Administrator so long as the Master Servicer and the Securities Administrator are the same Person)...