Common use of Notices and Information to MBIA; MBIA as Third Party Beneficiary; Ratings Clause in Contracts

Notices and Information to MBIA; MBIA as Third Party Beneficiary; Ratings. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Certificateholders shall also be sent to MBIA. (b) The Servicer shall designate a Person who shall be available to MBIA to provide reasonable access to information regarding the Mortgage Loans and the servicing practices and policies of the Servicer with respect thereto. (c) MBIA shall be a third party beneficiary of this Agreement. (d) All references in this Agreement to the ratings on the Insured Certificates and interests of the Insured Certificateholders shall be without regard to the MBIA Policy.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc), Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

AutoNDA by SimpleDocs

Notices and Information to MBIA; MBIA as Third Party Beneficiary; Ratings. (a) All notices, statements, reports, certificates or opinions required by this Agreement to be sent to any other party hereto or to the Certificateholders shall also be sent to MBIA.. 107 (b) The Servicer shall designate a Person who shall be available to MBIA to provide reasonable access to information regarding the Mortgage Loans and the servicing practices and policies of the Servicer with respect thereto. (c) MBIA shall be a third party beneficiary of this Agreement. (d) All references in this Agreement to the ratings on the Insured Certificates and interests of the Insured Certificateholders shall be without regard to the MBIA Policy.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Residential Asset Mortgage Products Inc)

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