Common use of Future Defects Clause in Contracts

Future Defects. During the term of this Agreement, if Xxxxxxxxx discovers any defect with respect to the Mortgage Files, Custodian shall give written specification of such defect to Seller and the Trustee.

Appears in 1 contract

Samples: Custodial Agreement (BancCap Asset Securitization Issuance Corp, BASIC Asset Backed Securities Trust 2006-1, Mortgage Pass-Through Certificates, Series 2006-1)

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Future Defects. During the term of this Agreement, if Xxxxxxxxx the Custodian discovers any defect with respect to any Mortgage File, the Mortgage Files, Custodian shall give written specification of such defect to the Seller and the Trustee.Buyer. For purposes of this Section, "

Appears in 1 contract

Samples: Custodial Agreement (MortgageIT Holdings, Inc.)

Future Defects. During the term of this Agreement, if Xxxxxxxxx the Custodian discovers any defect with respect to any Mortgage File, the Mortgage Files, Custodian shall give written specification of such defect to the Seller and the Trustee.Buyer. For purposes of this Section, β€œ

Appears in 1 contract

Samples: Custodial Agreement (Mortgageit Holdings Inc)

Future Defects. During the term of this Agreement, if Xxxxxxxxx the Custodian discovers any defect with respect to the Mortgage Files, the Custodian shall give written specification of such defect to Seller and the Trustee.Seller, the Registered Holder(s) and, if Buyer is not a Registered Holder, Buyer. For purposes of this Section, "

Appears in 1 contract

Samples: Custodial Agreement (United Panam Financial Corp)

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Future Defects. During the term of this Agreement, if Xxxxxxxxx the Custodian discovers any defect with respect to any Mortgage File, the Mortgage Files, Custodian shall give prompt written specification of such defect to Seller the Sellers and the Trustee.Registered Holder. For purposes of this Section, "

Appears in 1 contract

Samples: Custodial Agreement (American Home Mortgage Investment Corp)

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