Common use of Events of Servicing Termination Clause in Contracts

Events of Servicing Termination. (a) The Trustee or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-01), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997 2), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-4)

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Events of Servicing Termination. (a) The Trustee (acting upon the request of the Owners of the majority of the Percentage Interests of the Offered Certificates then Outstanding as a whole and not on a Class by Class basis) or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) Seller may immediately remove the related Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:events and the expiration of the related cure period (provided, that the occurrence of any such events with respect to one Servicer shall be cause to remove only such Servicer):

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1998-2), Pooling and Servicing Agreement (Amresco Residential Securities Corp Mort Loan Trust 1998-1), Custodial Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1997-2)

Events of Servicing Termination. (a) The Indenture Trustee or the Certificate Note Insurer (or the Owners pursuant to Section 6.11 hereofwith the consent of the Note Insurer) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 3 contracts

Samples: Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-1f), Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-1a), Sale and Servicing Agreement (First Alliance Mortgage Co /De/)

Events of Servicing Termination. (a) The Trustee or the Oversight Agent (each with the consent of the Certificate Insurer) or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-2), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-4), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1999-1)

Events of Servicing Termination. (a) The Trustee or the Master Servicer (each with the consent of the Certificate Insurer) or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-4)

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Events of Servicing Termination. (a) The Trustee (with the consent of the Certificate Insurer) or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-3)

Events of Servicing Termination. (a) The Trustee (acting upon the request of the Owners of the majority of the Percentage Interests of the Offered Certificates then Outstanding as a whole and not on a Class by Class basis) or the Certificate Insurer (or the Owners pursuant to Section 6.11 hereof) Seller may immediately remove the related Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:events and the expiration of the related cure period (provided, that the occurrence of any such events with respect to one Servicer shall be cause to remove only such Servicer): 108

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Amresco Residential Securities Corp)

Events of Servicing Termination. (a) The Indenture Trustee (with the consent of the Note Insurer) or the Certificate Note Insurer (or the Owners pursuant to Section 6.11 hereofwith the consent of the Note Insurer) may remove the Servicer (including any successor entity serving as the Servicer) upon the occurrence of any of the following events:

Appears in 1 contract

Samples: Sale and Servicing Agreement (First Alliance Mortgage Loan Trust 1998-2)

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