Common use of Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement Clause in Contracts

Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement. As is appropriate for the servicing or foreclosure of any Mortgage Loan, the Indenture Trustee shall deliver to the Servicer (if directed in writing by the Servicer) the Indenture Trustee’s Mortgage Files for such Mortgage Loan upon receipt by the Indenture Trustee on or prior to the date such release is to be made of: (a) such Officer’s Certificates, if any, as are required by the Sale and Servicing Agreement; and (b) a Request for Release, executed by the Servicer, providing that the Servicer (if directed in writing by the Servicer) will hold or retain the Indenture Trustee’s Mortgage Files in trust for the benefit of the Indenture Trustee and the Holders of Notes.

Appears in 12 contracts

Samples: Indenture (Accredited Mortgage Loan REIT Trust), Indenture (NovaStar Certificates Financing LLC), Indenture (Accredited Mortgage Loan Trust 2005-1)

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Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement. As is appropriate for the servicing or foreclosure of any Mortgage Loan, the Indenture Trustee shall deliver to the Master Servicer (if directed in writing by the Master Servicer) the Indenture Trustee’s 's Mortgage Files for such Mortgage Loan upon receipt by the Indenture Trustee on or prior to the date such release is to be made of: (a) such Officer’s 's Certificates, if any, as are required by the Sale and Servicing Agreement; and (b) a Request for Release, executed by the Master Servicer, providing that the Master Servicer (if directed in writing by the Master Servicer) will hold or retain the Indenture Trustee’s 's Mortgage Files in trust for the benefit of the Indenture Trustee Trustee, the Note Insurer and the Holders of Notes.

Appears in 4 contracts

Samples: Indenture (Accredited Mort Loan Trust Asset Back Notes Series 2003-1), Indenture (Accredited Home Lenders Accredited Mort Loan Trust 2002-2), Indenture (Accred Home LNDRS Inc Ac Mor Ln Tr 2002-1 as Bk Nt Se 2002-1)

Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement. As is appropriate for the servicing or foreclosure of any Mortgage Loan, the Indenture Trustee shall deliver to the Master Servicer (if directed in writing by the Master Servicer) the Indenture Trustee’s Mortgage Files for such Mortgage Loan upon receipt by the Indenture Trustee on or prior to the date such release is to be made of: (a) such Officer’s Certificates, if any, as are required by the Sale and Servicing Agreement; and (b) a Request for Release, executed by the Master Servicer, providing that the Master Servicer (if directed in writing by the Master Servicer) will hold or retain the Indenture Trustee’s Mortgage Files in trust for the benefit of the Indenture Trustee Trustee, the Note Insurer and the Holders of Notes.

Appears in 4 contracts

Samples: Indenture (Accredited Mortgage Loan Trust 2004-2), Indenture (Accredited Mortgage Loan Trust 2003-3), Indenture (Accredited Home Lenders Inc Mortgage Loan Trust 2004-1)

Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement. As is appropriate for the servicing or foreclosure of any Mortgage Loan, the Indenture Trustee shall deliver to the Servicer (if directed in writing by the Servicer) the Indenture Trustee’s Mortgage Files for such Mortgage Loan upon receipt by the Indenture Trustee on or prior to the date such release is to be made of: (a) such Officer’s Certificates, if any, as are required by the Sale and Servicing Agreement; and (b) a Request for Release, executed by the Servicer, providing that the Servicer (if directed in writing by the Servicer) will hold or retain the Indenture Trustee’s Mortgage Files in trust for the benefit of the Indenture Trustee Trustee, the Note Insurer and the Holders of Notes.

Appears in 1 contract

Samples: Indenture (Accredited Mortgage Loan REIT Trust)

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Delivery of the Mortgage Files Pursuant to Sale and Servicing Agreement. As is appropriate for the servicing or foreclosure of any Mortgage Loan, the Indenture Trustee shall deliver to the Master Servicer (if directed in writing by the Master Servicer) the Indenture Trustee’s Mortgage Files for such Mortgage Loan upon receipt by the Indenture Trustee on or prior to the date such release is to be made of: (a) such Officer’s Certificates, if any, as are required by the Sale and Servicing Agreement; and (b) a Request for Release, executed by the Master Servicer, providing that the Master Servicer (if directed in writing by the Master Servicer) will hold or retain the Indenture Trustee’s Mortgage Files in trust for the benefit of the Indenture Trustee and the Holders of Notes.

Appears in 1 contract

Samples: Indenture (Accredited Mortgage Loan Trust 2004-3)

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