Common use of Master Servicer and Servicer Not to Resign; Transfer of Servicing Clause in Contracts

Master Servicer and Servicer Not to Resign; Transfer of Servicing. (a) Neither the Master Servicer nor any Servicer shall resign from the obligations and duties hereby imposed on it except (i) upon appointment of a successor master servicer or successor servicer and receipt by the Trustee and the Trust Administrator of a letter from each Rating Agency that

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-7), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-12), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-5)

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Master Servicer and Servicer Not to Resign; Transfer of Servicing. (a) Neither the Master Servicer nor any Servicer shall resign from the obligations and duties hereby imposed on it except (i) upon appointment of a successor master servicer or successor servicer and receipt by the Trustee and the Trust Administrator of a letter from each Rating Agency thatthat 144

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-9)

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