Master Servicer Event of Default Sample Clauses

Master Servicer Event of Default. Any one of the conditions or circumstances enumerated in Section 8.01(a).
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Master Servicer Event of Default. A Master Servicer Event of Default shall include the occurrence and continuation of one or more of the following:
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Master Servicer Event of Default. 31 Master Servicer Fee Rate............................................................................31
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Master Servicer Event of Default. Any one of the conditions or circumstances enumerated in Section 9.01(a). 217412 HomeBanc 2007-1 Pooling and Servicing Agreement
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Master Servicer Event of Default. 30 Maximum I-LTZZ Uncertificated Interest Deferral Amount..................30
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Related to Master Servicer Event of Default

  • Servicer Events of Default (a) The following events shall each constitute a "Servicer Event of Default" hereunder:

  • Action Upon Certain Failures of the Master Servicer and Upon Event of Default In the event that a Responsible Officer of the Trustee shall have actual knowledge of any action or inaction of the Master Servicer that would become an Event of Default upon the Master Servicer’s failure to remedy the same after notice, the Trustee shall give prompt written notice thereof to the Master Servicer.

  • Servicer Default If any one of the following events (a “Servicer Default”) shall occur and be continuing:

  • After Event of Default Borrower further agrees to pay, or reimburse Lender, for all reasonable out-of-pocket costs and expenses, including without limitation reasonable attorneys’ fees and disbursements incurred by Lender after the occurrence of an Event of Default (i) in enforcing any Obligation or in foreclosing against the Collateral or exercising or enforcing any other right or remedy available by reason of such Event of Default; (ii) in connection with any refinancing or restructuring of the credit arrangements provided under this Agreement in the nature of a “work-out” or in any insolvency or bankruptcy proceeding; (iii) in commencing, defending or intervening in any litigation or in filing a petition, complaint, answer, motion or other pleadings in any legal proceeding relating to Borrower and related to or arising out of the transactions contemplated hereby; (iv) in taking any other action in or with respect to any suit or proceeding (whether in bankruptcy or otherwise); (v) in protecting, preserving, collecting, leasing, selling, taking possession of, or liquidating any of the Collateral; or (vi) in attempting to enforce or enforcing any Lien in any of the Collateral or any other rights under the Security Instrument.

  • Servicer Defaults If any one of the following events (a “Servicer Default”) shall occur and be continuing:

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