Notice to the Rating Agencies. The Trust Administrator and the Master Servicer shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Default that has not been cured or waived; (iii) The resignation or termination of the Master Servicer, the Trust Administrator or the Trustee; (iv) The final payment to Holders of the Certificates of any Class; and (v) Any change in the location of any Account.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (American General MRT Ln Asst BCKD Ps THR CRTS Sr 2003-1), Pooling and Servicing Agreement (American General MRT Ln Asst BCKD Ps THR CRTS Sr 2003-1)
Notice to the Rating Agencies. The Trust Administrator Trustee and the Master Servicer shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Default that has not been cured or waived;
(iii) The resignation or termination of the Master Servicer, the Trust Administrator Servicer or the Trustee;
(iv) The final payment to Holders of the Certificates of any Class; and;
(v) Any change in the location of any Account; and
(vi) Any event that would result in the inability of the Servicer to make Monthly Advances.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fleet Home Equity Loan Corp)
Notice to the Rating Agencies. The Trust Administrator Trustee and the Master Servicer ----------------------------- shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Servicer Default that has not been cured or waived;
(iii) The resignation or termination of the Master Servicer, the Trust Administrator Servicer or the Trustee;
(iv) The final payment to Holders of the Certificates of any Class; and;
(v) Any change in the location of any Account; and
(vi) Any event that would result in the inability of the Master Servicer to make Monthly Advances.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc Home Eq Ln as Bk Cer Ser 1999-2)
Notice to the Rating Agencies. The Trust Administrator Trustee and the Master Servicer shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Default that has not been cured or waived;
(iii) The resignation or termination of the Master Servicer, the Trust Administrator Servicer or the Trustee;
(iv) The final payment to Holders of the Certificates of any Class; and;
(v) Any change in the location of any Account; and
(vi) Any event that would result in the inability of the Trustee to make advances regarding Delinquent Mortgage Loans.
Appears in 1 contract
Notice to the Rating Agencies. The Trust Administrator Trustee and the Master Servicer shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Default that has not been cured or waived;
(iii) The resignation or termination of the Master Servicer, the Trust Administrator Servicer or the Trustee;
(iv) The final payment to Holders of the Certificates of any Class; and;
(v) Any change in the location of any Account; and
(vi) Any event that would result in the inability of the Trustee to make advances regarding Delinquent Home Equity Loans.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Avco Abs Receivables Corp)
Notice to the Rating Agencies. The Trust Administrator Trustee and the Master Servicer ----------------------------- shall each be obligated to use its best efforts promptly to provide notice, at the expense of the Master Servicer, to the Rating Agencies with respect to each of the following of which a Responsible Officer of the Trust Administrator 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 Event of Default that has not been cured or waived;
(iii) The resignation or termination of the Master Servicer, the Trust Administrator Servicer or the Trustee;
(iv) The final payment to Holders of the Certificates of any Class; and;
(v) Any change in the location of any Account; and
(vi) Any event that would result in the inability of the Trustee to make advances regarding Delinquent Mortgage Loans.
Appears in 1 contract