Common use of Notice to the Rating Agencies and the NIMS Insurer Clause in Contracts

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Opt1), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Opt2)

AutoNDA by SimpleDocs

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies Agencies, the Swap Provider and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Servicer shall promptly furnish make available to each Rating Agency copies of the following: (i) each annual statement as to compliance Annual Statement of Compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report Attestation Report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMxxxx’x Investors Service, 0 Xxxxx Inc., 90 Xxxxxx XxxxxXxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt2), Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt3), Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 1 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxxMxXxxx-Xxxx Companies, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-3), Pooling and Servicing Agreement (Fremont Home Loan Trust 2006-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer’s blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMxxxx’x Investors Service, 0 Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2005-WL1; (ii) Fitch, Inc., Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and 00000, (iiiii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies’s Rating Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000; (iv) Dominion Bond Rating Service, Attention: Residential Mortgage Surveillance GroupInc., 50 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000; and (v) the NIMS Insurer at the address provided in Section 11.05. In addition, each party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl1 Asset-Backed Certificates, Series 2005-Wl1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; andand 153 (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Mxxxx'x Investors Service, Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2003-1, Fitch Ratings, 0 Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Accept Corp Asset Backed Certs Ser 2003 1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2003-2, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Acceptance Corp Asset Back Cert Ser 2003 2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesXxxxx'x Investors Service, Inc., 00 Xxxxx Xxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential MBS Monitoring/Option One Mortgage Surveillance GroupLoan Trust 2002-4 and Standard & Poor's Ratings Services, Inc., 00 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Accept Corp Asset Backed Cer Ser 2002-4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Mxxxx'x Investors Service, Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2005-4, Fitch Ratings, 0 Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2005-4, Asset-Backed Certificates, Series 2005-4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or the Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (bvii) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (iA) each annual statement as to compliance described in Section 3.20 3.19 hereof; (iiB) each annual independent public accountants’ servicing report described in Section 3.21 3.20 hereof; and (iiiC) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) to: Fitch Ratings, 0 Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 00000, Attention: Managing Director, Residential Mortgage Backed Securities; Mxxxx’x Investors Service, Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000, Attention: Managing Director, Residential Mortgage Backed Securities; and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx McGraw Hill Companies, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ABFC 2006-Opt2 Trust)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class;; 153 (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Mxxxx'x Investors Service, Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2004-1, Fitch Ratings, 0 Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2004-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i1) each annual statement as to compliance described in Section 3.20 hereof; (ii2) each annual independent public accountants’ servicing report Attestation Report described in Section 3.21 hereof; and (iii3) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsDominion Bond Rating Service, 0 Xxxxx Xxxxxx One Exchange Plaza, 00 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff16)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer’s blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMxxxx’x Investors Service, 0 Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2005‑WL1; (ii) Fitch, Inc., Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and 00000, (iiiii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies’s Rating Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000; (iv) Dominion Bond Rating Service, Attention: Residential Mortgage Surveillance GroupInc., 50 Xxxxxxxx, Xxx Xxxx, Xxx Xxxx 00000; and (v) the NIMS Insurer at the address provided in Section 11.05. In addition, each party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-Wl1 Asset-Backed Certificates, Series 2005-Wl1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class;; 159 (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2003-3, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Accep Corp Ast Back Certs Ser 2003-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 1 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and xnd (ii) Standard & Poor’s, a division of The XxXxxxMcXxxx-Xxxx CompaniesXompanies, Inc., 00 55 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-Opt4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class;; 153 (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2003-4, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Accep Corp Asset Back Certs Ser 2003-4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer’s blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsFitch, 0 Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies’s Rating Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof;; 141 (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesXxxxx'x Investors Service, Inc., 00 Xxxxx Xxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential MBS Monitoring/Option One Mortgage Surveillance GroupLoan Trust 2002-2 and Standard & Poor's Ratings Services, Inc., 00 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Tr Asset Backed Cert Ser 2002-2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2005-2, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2005-2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or the Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (bvii) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (iA) each annual statement as to compliance described in Section 3.20 3.19 hereof; (iiB) each annual independent public accountants' servicing report described in Section 3.21 3.20 hereof; and (iiiC) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 to: [____________________]; and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group[______________].

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Funding Corp)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS NIMs Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances.. 134 (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesMoody's Investors Service, Inc., 00 Xxxxx Xxxxxx99 Xxxxxx Street, 00xx XxxxxNew York, Xxx XxxxNY 10040, XX Xxxxxxxxx: XXX Xxxxxxxxxx/Xxxxxx One Mortgage Loan Trust 2001-3; Fitch, Inc., One State Street Plaza, New York, Nxx Xxxx 00000 xxx Xxxxxxxx & Xxxx'x Xxxxxxx Xxxxices, Inc., 55 Water Street, New York, New York 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Ln Trust Asset Back Certs Ser 2001-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer's blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx'x Investors Service, 0 Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2004-2; Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Rating Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-2, Asset-Backed Certificates, Series 2004-2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances.. 139 (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesXxxxx'x Investors Service, Inc., 00 Xxxxx Xxxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential MBS Monitoring/Option One Mortgage Surveillance GroupLoan Trust 2001-4 and Standard & Poor's Ratings Services, Inc., 00 Xxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Acc Corp Asset Backed Cert Ser 2001-4)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2003-5, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Accep Corp Asset Back Certs Ser 2003 5)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; andand 153 (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2002-6, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Accept Corp Asset-Backed Cert Se 2002-6)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer's blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx'x Investors Service, 0 Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2005‑2; Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Rating Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-2 Asset-Backed Certificates, Series 2005-2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS NIMs Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances.. 134 (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMxxxx'x Investors Service, 0 Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2001-2; Fitch, Inc., Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Asset Backed Certificates Series 2001-2)

AutoNDA by SimpleDocs

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee Trustee, the Master Servicer, the Securities Administrator and the Servicer Servicers shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee Trustee, the Master Servicer, the Securities Administrator or a Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iv) the resignation or termination of a Servicer, the Servicer Master Servicer, the Securities Administrator or the Trustee; (ivv) the final payment to Holders of the Certificates of any Class; (vvi) any change in the location of any Account; and (vivii) if the Trustee Master Servicer is acting as successor Servicer servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee Master Servicer to make Advances. (bviii) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (iA) each annual statement as to compliance described in Section 3.20 3.21 hereof; (iiB) each annual independent public accountants' servicing report described in Section 3.21 3.22 hereof; and (iiiC) each notice delivered pursuant to Section 7.01(a) 7.01 hereof which relates to the fact that the such Servicer has not made an Advance. 214 As of the date hereof, no NIMS Insurer has been appointed. The Depositor shall promptly notify the Servicers, the Master Servicer, the Securities Administrator, and the Trustee of the appointment of a NIMS Insurer. The Servicers will not be required to deliver any notice or notification under this Agreement until the month following the date on which the Servicers have been notified of the appointment of a NIMS Insurer. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) to: Fitch Ratings, 0 Xxxxx One State Street Plaza, New York, New York 10004, Attention: Managixx Xxxxxxxx, Xxxxxxxxxxx Xxxxxxxx Xxxxxx XxxxxXxxxrities; Moody's Investors Service, Xxx XxxxInc., Xxx Xxxx 00000 99 Church Street, New York, New York 00000, Attention: Managing Direxxxx, Xxxxxxxxxxx Xxxxxxxx Xxxxxx Xxxxxxxxes; and (ii) Standard & Poor’s's, a division of The XxXxxx-Xxxx McGraw Hill Companies, Inc., 00 Xxxxx Xxxxxx55 Water Street, 00xx Xxxxx41st Floor, Xxx XxxxNew York, XX 00000New York 10041, Attention: Residential Mortgage Surveillance GroupMxxxxxxx Xxxxxxxxxxxx Xxxxx.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ABFC 2006-He1 Trust)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx'x Investors Service, 0 Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2002-1; Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Tr 2002-1 as-BCKD Cert Ser 2002-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies Agencies, the Swap Provider, the Interest Rate Cap Provider, the Basis Risk Cap Provider and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Servicer shall promptly furnish make available to each Rating Agency copies of the following: (i) each annual statement as to compliance Annual Statement of Compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report Attestation Report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMooxx’x Xxvestors Service, 0 Xxxxx Inc., 99 Xxxxxx XxxxxXxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and 00000, (ii) Standard & Poor’s, a division of The XxXxxxMcGxxx-Xxxx CompaniesXxmpanies, Inc., 00 55 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, AttentionXttention: Residential Mortgage Surveillance Group and (iii) DBRS, Inc., 140 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 , Attention: RMBS Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt5)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS NIMs Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee, were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer's blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesMoody's Investors Service, Inc., 00 Xxxxx Xxxxxx99 Xxxxxx Street, 00xx XxxxxNew York, Xxx XxxxNY 10048, XX Xxxxxxxxx: XXX Xxxxxxxxxx/Xxxx Xxxch Mortgage Loan Trust 2001-1; Fitch, Inc., One State Street Plaza, New York, Nex Xxxx 00000, Attention: Residential Mortgage Surveillance GroupXxxxxxxx & Xxxx'x Xxxxxxx Xxxxxxxx, Inc., 55 Water Street, New York, New York 00000 xxx xxx XXXx Xxxxxxx xx xxx xxxxxxxed provided in Section 11.05. In addition, each party hereto agrees that it will furnish or make available to the NIMs Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2001-1 as Bk Cert Ser 2001-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx’x Investors Service, 0 Xxxxx Inc., 00 Xxxxxx XxxxxXxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-Opt2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies Agencies, the Swap Provider and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Servicer shall promptly furnish make available to each Rating Agency copies of the following: (i) each annual statement as to compliance Annual Statement of Compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report Attestation Report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx’x Investors Service, 0 Xxxxx Inc., 00 Xxxxxx XxxxxXxxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Opt1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Xxxxx'x Investors Service, Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2002-3, Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Accept Corp Asset Backed Cert Ser 2002-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances.. 158 (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Mxxxx'x Investors Service, Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Option One Mortgage Loan Trust 2004-3, Fitch Ratings, 0 Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Ratings Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Loan Trust 2004-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer's blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx'x Investors Service, 0 Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2004-3; Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies's Rating Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-3, Asset-Backed Certs., Series 2004-3)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class;; 155 (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Moody's Investors Service, Inc., 90 Xxxxxh Street, New York, NY 10000, Xxxxxxxxx: XXX Xxxxxxxxxx/Xxxxxx One Mortgage Loan Trust 2004-2, Fitch Ratings, 0 Xxxxx Xxxxxx XxxxxOne State Street Plaza, Xxx XxxxNew York, Xxx Xxxx 00000 and (ii) Standard xxx Xxxxxxxx & Poor’s, a division of The XxXxxx-Xxxx CompaniesXxxx'x Xxxxxxx Xxxvices, Inc., 00 Xxxxx Xxxxxx55 Water Street, 00xx XxxxxNew York, Xxx Xxxx, XX New Yorx 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Acceptance Loan Trust 2004-2)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer’s blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMxxxx’x Investors Service, 0 Inc., 90 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2004‑1; Fitch, Inc., Oxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies’s Rating Services, Inc., 00 50 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Sec Corp Asset Backed Certs Ser 2004-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the The Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, it has actual knowledge: (i) any material change or 1. Any amendment to this Agreement; (ii) the 2. The occurrence of any Master Servicer Event of Termination Default that has not been cured or waived; (iii) the 3. The resignation or termination of the Master Servicer or the Trustee; (iv) the 4. The repurchase or substitution of Mortgage Loans pursuant to or as contemplated by Section 2.03; 5. The final payment to the Holders of the Certificates any Class of any ClassCertificates; (v) any 6. Any change in the location of any the Collection Account or the Distribution Account; 7. The Trustee were it to succeed as Master Servicer, is unable to make advances regarding delinquent Mortgage Loans; and (vi) if 8. The filing of any claim under the Trustee is acting as successor Servicer pursuant to Master Servicer’s blanket bond and errors and omissions insurance policy required by Section 7.02 hereof, 3.14 or the cancellation or material modification of coverage under any event that would result in the inability of the Trustee to make Advances. (b) such instrument. In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) 1. each annual statement as to compliance described in Section 3.20 hereof; (ii) 2. each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 11.07 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsXxxxx’x Investors Service, 0 Inc., 00 Xxxxxx Xxxxxx, Xxx Xxxx, XX 00000, Attention: MBS Monitoring/Long Beach Mortgage Loan Trust 2005‑1; Fitch, Inc., Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Standard & Poor’s, a division of The XxXxxx-Xxxx Companies’s Rating Services, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000Xxx Xxxx 00000 and the NIMS Insurer at the address provided in Section 11.05. In addition, Attention: Residential Mortgage Surveillance Groupeach party hereto agrees that it will furnish or make available to the NIMS Insurer a copy of any opinions, notices, reports, schedules, certificates, statements, rating confirmation letters or other information that are furnished hereunder to the Trustee or the Certificateholders.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2005-1, Asset-Backed Certs., Series 2005-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants’ servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsDominion Bond Rating Service, 0 Xxxxx Xxxxxx One Exchange Plaza, 00 Xxxxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff8)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Moody's Investors Service, Inc., 99 Xxxxxx Street, New York, NY 10000, Xxxxxxxxx: XXX Xxxxxxxxxx/Xxxxxx One Mortgage Loan Trust 2003-6, Fitch Ratings, 0 Xxxxx Xxxxxx XxxxxOne State Street Plaza, Xxx XxxxNew York, Xxx Nxx Xxxx 00000 and (ii) Standard xxx Xxxxxxxx & Poor’s, a division of The XxXxxx-Xxxx CompaniesXxxx'x Xxxxxxx Xxxxices, Inc., 00 Xxxxx Xxxxxx55 Water Street, 00xx XxxxxNew York, Xxx Xxxx, XX New York 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Accep Corp Asset Backed Cert Ser 2003-6)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS NIMs Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following:: 132 (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch Ratings, 0 Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) Standard & Poor’s, a division of The XxXxxx-Xxxx CompaniesMoody's Investors Service, Inc., 00 Xxxxx Xxxxxx99 Xxxxxx Street, 00xx XxxxxNew York, Xxx XxxxNY 10048, XX Xxxxxxxxx: XXX Xxxxxxxxxx/Xxxxxx Xne Mortgage Loan Trust 2001-1; Fitch, Inc., One State Street Plaza, New York, Nex Xxxx 00000 xxx Xxxxxxxx & Xxxx'x Xxxxxxx Xxxxxces, Inc., 55 Water Street, New York, New York 00000, Attention: Residential Mortgage Surveillance Group.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mort Accep Corp Asset Backed Cert Ser 2001-1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or the Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Servicer servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (bvii) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections 4.03 and 3.19 hereof and the Servicer shall promptly furnish to each Rating Agency copies of the following: (iA) each annual statement as to compliance described in Section 3.20 3.19 hereof; (iiB) each annual independent public accountants' servicing report described in Section 3.21 3.20 hereof; and (iiiC) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) to: Fitch Ratings, 0 Xxx Xxxxx Xxxxxx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000 and (ii) 00000, Attention: Managing Director, Residential Mortgage-Backed Securities; Standard & Poor’s's, a division of The XxXxxx-Xxxx Companies, Inc., 00 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX Xxx Xxxx 00000, Attention: Residential Mortgage Surveillance Group; and the NIMS Insurer, at the address to be provided by the Depositor.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (ABFC Asset-Backed Certificates, Series 2004-Ff1)

Notice to the Rating Agencies and the NIMS Insurer. (a) Each of the Trustee and the Master Servicer shall be obligated to use its best reasonable efforts promptly to provide notice to the Rating Agencies and the NIMS Insurer with respect to each of the following of which a Responsible Officer of the Trustee or Master Servicer, as the case may be, has actual knowledge: (i) any material change or amendment to this Agreement; (ii) the occurrence of any Master Servicer Event of Termination that has not been cured or waived; (iii) the resignation or termination of the Master Servicer or the Trustee; (iv) the final payment to Holders of the Certificates of any Class; (v) any change in the location of any Account; and (vi) if the Trustee is acting as successor Master Servicer pursuant to Section 7.02 hereof, any event that would result in the inability of the Trustee to make Advances. (b) In addition, the Trustee shall promptly make available to each Rating Agency copies of each Statement to Certificateholders described in Sections Section 4.03 and 3.19 hereof and the Master Servicer shall promptly furnish to each Rating Agency copies of the following: (i) each annual statement as to compliance described in Section 3.20 hereof; (ii) each annual independent public accountants' servicing report described in Section 3.21 hereof; and (iii) each notice delivered pursuant to Section 7.01(a) hereof which relates to the fact that the Master Servicer has not made an Advance. Any such notice pursuant to this Section 11.08 shall be in writing and shall be deemed to have been duly given if personally delivered or mailed by first class mail, postage prepaid, or by express delivery service to (i) Fitch RatingsMoody's Investors Service, 0 Inc., 99 Church Street, New York, NY 10007, Xxxxxtion: MBS Monitoring/[____________________], Xxxxx Xxxxxx XxxxxXxxxxxx, Xxx XxxxXxe State Street Plaza, Xxx Xxxx 00000 New York, New York 10007 and (ii) Standard & Poor’sPoor'x Xxxxxxx Xxxxxxxx, a division of The XxXxxx-Xxxx Companies, Inc.Xxx., 00 Xxxxx Xxxxxx, 00xx XxxxxXxx Xork, Xxx Xxxx, XX 00000, Attention: Residential Mortgage Surveillance GroupNew York 10004.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Acceptance Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!