Common use of Notices and Reports to Certificateholders; Waiver of Notices Clause in Contracts

Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will be sufficiently given (unless otherwise herein expressly provided) if mailed, first class postage prepaid, to the Certificateholders at the addresses of the Certificateholders as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder is mailed in the manner provided above, any notice or report which is mailed in the manner herein provided will be conclusively presumed to have been duly given or provided. Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will be the equivalent of such notice. Waivers of notice by a Certificateholder will be filed with the Certificate Paying Agent, but such filing will not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail service, it will be impractical to mail notice of any event to a Certificateholder when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will be satisfactory to the Certificate Paying Agent will be deemed to be a sufficient giving of such notice.

Appears in 25 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will shall be sufficiently given (unless otherwise herein expressly provided) if mailed, first first-class postage prepaid, to the Certificateholders each Certificateholder affected by such event or to whom such report is required to be mailed, at the addresses address of the Certificateholders such Certificateholder as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder Certificateholders is mailed in the manner provided above, neither the failure to mail such notice or report, nor any defect in any notice or report so mailed, to any particular Certificateholder shall affect the sufficiency of such notice or report with respect to other Certificateholders, and any notice or report which is mailed in the manner herein provided will shall be conclusively presumed to have been duly given or provided. Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will be the equivalent of such notice. Waivers of notice by a Certificateholder will shall be filed with the Certificate Paying AgentTrustee, but such filing will shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail serviceservice as a result of a strike, work stoppage or similar activity, it will shall be impractical to mail notice of any event to a Certificateholder Certificateholders when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will shall be satisfactory to the Certificate Paying Agent will Trustee shall be deemed to be a sufficient giving of such notice. Where this Agreement provides for notice to any rating agency that rated the Regular Certificates, failure to give such notice shall not affect any other rights or obligations as created hereunder.

Appears in 3 contracts

Samples: Trust Agreement (GNMAG Asset Backed Securitizations, LLC), Trust Agreement (GNMAG Asset Backed Securitizations, LLC), Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)

Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will be sufficiently given (unless otherwise herein expressly provided) if mailed, first class postage prepaid, to the Certificateholders at the addresses of the Certificateholders as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder is mailed in the manner provided above, any notice or report which is mailed in the manner herein provided will be conclusively presumed to have been duly given or provided. provided.β€Œ Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will be the equivalent of such notice. Waivers of notice by a Certificateholder will be filed with the Certificate Paying Agent, but such filing will not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail service, it will be impractical to mail notice of any event to a Certificateholder when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will be satisfactory to the Certificate Paying Agent will be deemed to be a sufficient giving of such notice.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement

Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will shall be sufficiently given (unless otherwise herein expressly provided) if mailed, first first-class postage prepaid, to the Certificateholders each Certificateholder affected by such event or to whom such report is required to be mailed, at the addresses address of the Certificateholders such Certificateholder as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder Certificateholders is mailed in the manner provided above, neither the failure to mail such notice or report nor any defect in any notice or report so mailed to any particular Certificateholder shall affect the sufficiency of such notice or report with respect to other Certificateholders, and any notice or report which is mailed in the manner herein provided will shall be conclusively presumed to have been duly given or provided. Notwithstanding the foregoing, if the Servicer is removed or resigns or the Trust Fund is terminated, notice of any such events shall be made by overnight courier, registered mail or telecopy followed by a telephone call. Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will shall be the equivalent of such notice. Waivers of notice by a Certificateholder will Certificateholders shall be filed with the Certificate Paying AgentTrustee, but such filing will shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail serviceservice as a result of a strike, work stoppage or similar activity, it will shall be impractical to mail notice of any event to a Certificateholder Certificateholders when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will shall be satisfactory to the Certificate Paying Agent will Trustee shall be deemed to be a sufficient giving of such notice. Where this Agreement provides for notice to any rating agency that rated any Certificates, failure to give such notice shall not affect any other rights or obligations created hereunder.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)

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Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will shall be sufficiently given (unless otherwise herein expressly provided) if mailed, first first-class postage prepaid, to the Certificateholders each Certificateholder affected by such event or to whom such report is required to be mailed, at the addresses address of the Certificateholders such Certificateholder as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder Certificateholders is mailed in the manner provided above, neither the failure to mail such notice or report, nor any defect in any notice or report so mailed, to any particular Certificateholder shall affect the sufficiency of such notice or report with respect to other Certificateholders, and any notice or report which is mailed in the manner herein provided will shall be conclusively presumed to have been duly given or provided. Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will be the equivalent of such notice. Waivers of notice by a Certificateholder will shall be filed with the Certificate Paying AgentSecurities Administrator, but such filing will shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail serviceservice as a result of a strike, work stoppage or similar activity, it will shall be impractical to mail notice of any event to a Certificateholder Certificateholders when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will shall be satisfactory to the Certificate Paying Agent will Securities Administrator shall be deemed to be a sufficient giving of such notice. Where this Agreement provides for notice to any rating agency that rated the Regular Certificates, failure to give such notice shall not affect any other rights or obligations as created hereunder.

Appears in 1 contract

Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)

Notices and Reports to Certificateholders; Waiver of Notices. Where this Agreement provides for notice to the Certificateholders of any event or the mailing of any report to the Certificateholders, such notice or report will shall be sufficiently given (unless otherwise herein expressly provided) if mailed, first first-class postage prepaid, to the Certificateholders each Certificateholder affected by such event or to whom such report is required to be mailed, at the addresses address of the Certificateholders such Certificateholder as it appears on the Certificate Register, not later than the latest date, and not earlier than the earliest date, prescribed for the giving of such notice or the mailing of such report. In any case where a notice or report to a Certificateholder Certificateholders is mailed in the manner provided above, neither the failure to mail such notice or report, nor any defect in any notice or report so mailed, to any particular Certificateholder shall affect the sufficiency of such notice or report with respect to other Certificateholders, and any notice or report which is mailed in the manner herein provided will shall be conclusively presumed to have been duly given or provided. Where this Agreement provides for notice in any manner, such notice may be waived in writing by any Person entitled to receive such notice, either before or after the event, and such waiver will be the equivalent of such notice. Waivers of notice by a Certificateholder will shall be filed with the Certificate Paying Agent[Trustee] [Securities Administrator], but such filing will shall not be a condition precedent to the validity of any action taken in reliance upon such waiver. In case, by reason of the suspension of regular mail serviceservice as a result of a strike, work stoppage or similar activity, it will shall be impractical to mail notice of any event to a Certificateholder Certificateholders when such notice is required to be given pursuant to any provision of this Agreement, then any manner of giving such notice as will shall be satisfactory to the Certificate Paying Agent will [Trustee] [Securities Administrator] shall be deemed to be a sufficient giving of such notice. Where this Agreement provides for notice to any rating agency that rated the Regular Certificates, failure to give such notice shall not affect any other rights or obligations as created hereunder.

Appears in 1 contract

Samples: Deposit Trust Agreement (Commerce Street Pantheon Mortgage Asset Securitizations LLC)

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