Common use of CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER Clause in Contracts

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights of the Certificate Insurer to Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Residential Fundings Mortgage Sec Rfmsi Series 2004-S2 Trust), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

AutoNDA by SimpleDocs

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights 12.01 Rights of the Certificate Insurer to Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 4 contracts

Samples: Residential Funding (RFMSI Series 2005-S2 Trust), Pooling and Servicing Agreement (RFMSI Series 2005-S7 Trust), Pooling and Servicing Agreement (RFMSI Series 2005-S5 Trust)

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights SECTION 12.01. Rights of the Certificate Insurer to To Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp), Pooling and Servicing Agreement (Impac Secured Assets Corp)

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights 12.01. Rights of the Certificate Insurer to Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (RALI Series 2005-Qs5 Trust)

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights 12.01 Rights of the Certificate Insurer to To Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc), Pooling and Servicing Agreement (Residential Funding Mortgage Securities I Inc)

AutoNDA by SimpleDocs

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights 9.01 Rights of the Certificate Insurer to Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 1 contract

Samples: Trust Agreement (RFMSI Series 2004-Sr1 Trust)

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights of the Certificate Insurer to Exercise Rights of Insured CertificateholdersSECTION 13.01. RIGHTS OF THE CERTIFICATE INSURER TO EXERCISE RIGHTS OF INSURED CERTIFICATEHOLDERS. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 1 contract

Samples: RALI Series 2006-Qo4 Trust

CERTAIN MATTERS REGARDING THE CERTIFICATE INSURER. Section 12.01.Rights 13.01 Rights of the Certificate Insurer to To Exercise Rights of Insured Certificateholders. By accepting its Certificate, each Insured Certificateholder agrees that unless a Certificate Insurer Default exists, the Certificate Insurer shall have the right to exercise all consent, voting, direction and other control rights of the Insured Certificateholders under this Agreement without any further consent of the Insured Certificateholders.

Appears in 1 contract

Samples: Residential Funding Mortgage Securities I Inc

Time is Money Join Law Insider Premium to draft better contracts faster.