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Common use of Leasehold Estates Clause in Contracts

Leasehold Estates. With respect to Mortgage Loans that are secured by a leasehold estate, the lease is valid, in full force and effect, and conforms to the Underwriting Guidelines for leasehold estates;

Appears in 26 contracts

Samples: Servicing Agreement, Servicing Agreement, Servicing Agreement (Sail 2006-2)

Leasehold Estates. With respect to Mortgage Loans that are secured by a leasehold estate, the lease is valid, in full force and effect, effect and conforms to the Underwriting Guidelines for leasehold estatesGuidelines;

Appears in 6 contracts

Samples: Servicing Agreement (Lehman Xs Trust Series 2005-3), Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-Af1), Seller's Warranties and Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-11h)

Leasehold Estates. With respect to Mortgage Loans that are secured by a leasehold estate, the lease is valid, in full force and effect, effect and conforms to the Company Underwriting Guidelines with respect to Company Mortgage Loans (other than the exceptions identified for leasehold estatesException Mortgage Loans on the related Assignment and Conveyance Agreement) or the Third-Party Underwriting Guidelines with respect to Third-Party Mortgage Loans;

Appears in 3 contracts

Samples: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-1f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2)

Leasehold Estates. With respect to Mortgage Loans that are secured by a leasehold estate, the lease is valid, in full force and effect, effect and conforms to the Underwriting Guidelines for leasehold estates;Guidelines; and

Appears in 3 contracts

Samples: Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-2f), Master Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Master Seller’s Warranties and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-1)