Common use of for substitutions by Residential Funding Clause in Contracts

for substitutions by Residential Funding. It is understood and agreed that the obligation of the Company to cure such breach or to so purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders or the Trustee on behalf of the Certificateholders.

Appears in 4 contracts

Samples: Residential Funding Mortgage Securities I Inc, Pooling and Servicing Agreement (RALI Series 2006-Qa8 Trust), Pooling and Servicing Agreement (RALI Series 2006-Qs12 Trust)

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for substitutions by Residential Funding. It is understood and agreed that the obligation of the Company Depositor to cure such breach or to so purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders or the Trustee on behalf of the Certificateholders.

Appears in 2 contracts

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

for substitutions by Residential Funding. It is understood and agreed that the obligation of the Company to cure such breach or to so purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders or the Trustee on behalf of the Certificateholders. Section 2.04.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (RALI Series 2006-Qa7 Trust)

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for substitutions by Residential Funding. It is understood and agreed that the obligation of the Company to cure such breach or to so purchase or substitute for any Mortgage Loan as to which such a breach has occurred and is continuing shall constitute the sole remedy respecting such breach available to the Certificateholders (other than the Credit Enhancer) or the Trustee on behalf of the CertificateholdersCertificateholders (other than the Credit Enhancer).

Appears in 1 contract

Samples: Custodial Agreement (RFMSII Series 2006-Hsa1 Trust)

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