Common use of MORTGAGE DEEDS Clause in Contracts

MORTGAGE DEEDS. The Servicer shall or, as the case may be, shall procure that the relevant Originator and/or the Transferor shall keep the relevant Mortgage Deeds, the relevant Insurance Policies and any other documents specifically relating to the relevant Mortgage Loans in safe custody and shall not without the prior written consent of the Security Trustee and the CBC part with possession, custody or control of them otherwise than to a sub-agent or sub-servicer appointed pursuant to Clause 3.4 above or to a lawyer or a civil law notary for the purposes of the redemption of relevant Mortgage Loans.

Appears in 2 contracts

Samples: Servicing Agreement, Servicing Agreement

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MORTGAGE DEEDS. 15.1 The Servicer shall or, as the case may be, shall procure that the Transferor and/or the relevant Originator and/or the Transferor shall keep the relevant Mortgage Deeds, the relevant Insurance Policies and any other documents specifically relating to the relevant Mortgage Loans in safe custody and shall not without the prior written consent of the Security Trustee and the CBC part with possession, custody or control of them otherwise than to a sub-agent or sub-servicer appointed pursuant to Clause 3.4 above or to a lawyer or a civil law notary for the purposes of the redemption of relevant Mortgage Loans.

Appears in 1 contract

Samples: Servicing Agreement

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MORTGAGE DEEDS. 15.1 The Servicer shall or, as the case may be, shall procure that the Transferor and/or the relevant Originator and/or the Transferor shall keep the relevant Mortgage Deeds, the relevant Insurance Policies and any other documents specifically relating to the relevant Mortgage Loans in safe custody and shall not without the prior written consent of the Security Trustee and the CBC part with possession, custody or control of them otherwise than to a sub-agent or sub-servicer appointed pursuant to Clause 3.4 above or to a lawyer or a civil law notary for the purposes of the redemption of relevant Mortgage Loans.

Appears in 1 contract

Samples: Servicing Agreement

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