Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register. (b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 87 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-6), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc., Series 2007-Ar7), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Ar9)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders and the NIMS Insurer at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the NIMS Insurer and to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 75 contracts
Samples: Pooling and Servicing Agreement (MASTR Asset Backed Securities Trust 2005-Opt1), Pooling and Servicing Agreement (Argent Securities Trust 2006-M1), Pooling and Servicing Agreement (Park Place Securities, Inc., Asset-Backed Pass-Through Certificates, Series 2005-Wcw3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 66 contracts
Samples: Pooling and Servicing Agreement (National City Mortgage Capital LLC), Pooling and Servicing Agreement (Carrington Mortgage Loan Trust 2005-Nc2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-Opt4)
Notification to Certificateholders. (a) Upon On any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Rating Agencies promptly after any such occurrence.
Appears in 29 contracts
Samples: Pooling and Servicing Agreement (C-Bass 2007-Cb5 Trust), Pooling and Servicing Agreement (C-Bass Mortgage Loan Trust 2007-Cb3), Pooling and Servicing Agreement (C-Bass Mortgage Loan Asset-Backed Certificates, Series 2005-Cb6)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 26 contracts
Samples: Pooling and Servicing Agreement (Equifirst Mortgage Loan Trust 2005-1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-A), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee Securities Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee Securities Administrator becomes aware of the occurrence of such an event, the Trustee Securities Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 25 contracts
Samples: Pooling and Servicing Agreement (Jpmac 2006-Acc1), Pooling and Servicing Agreement (Jpmac 2006-Wmc1), Pooling and Servicing Agreement (Jpmac 2006-Ch2)
Notification to Certificateholders. (a) Upon any termination of the Master a Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master a Servicer pursuant to Section 7.02 above, the Trustee Trust Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee Trust Administrator becomes aware of the occurrence of such an event, the Trustee Trust Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 22 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-He2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Wfhe2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the NIMS Insurer.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and to the NIMS Insurer notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 21 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2004-6, Asset-Backed Certs., Series 2004-6), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-Wl3), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-Wl2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 7.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 7.2 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 15 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar2), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar3), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar2)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination the Trustee shall be deemed to have actual knowledge of such Master Servicer Event of Termination five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, event and the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Rating Agency promptly after any such occurrence.
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (PHHMC Series 2007-4 Trust), Pooling and Servicing Agreement (PHHMC Series 2007-6 Trust), Pooling and Servicing Agreement (PHHMC Series 2007-5 Trust)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 abovethis Article VII, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Servicing Default or for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Servicing Default shall have been cured waived or waivedcured.
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Novastar Mortgage Funding Corp), Pooling and Servicing Agreement (Novastar Mortgage Funding Trust Series 2004-1), Pooling and Servicing Agreement (NovaStar Mortgage Funding Trust, Series 2004-4)
Notification to Certificateholders. (a) Upon any resignation of the Servicer or the Special Servicer pursuant to Section 6.04, any termination of the Master Servicer or the Special Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer or the Special Servicer pursuant to Section 7.02 above7.02, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of (i) 60 days after the occurrence of any event, event which constitutes or whichor, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five and (ii) 5 days after a Responsible Officer of the Trustee becomes aware would be deemed to have notice of the occurrence of such an eventevent in accordance with Section 8.02(vii), the Trustee shall transmit by mail to the Depositor and all Holders of Certificates Certificateholders notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waivedcured.
Appears in 13 contracts
Samples: Pooling and Servicing Agreement (Jp Morgan Chase Commercial Mortgage Securities Corp), Pooling and Servicing Agreement (Chase Commercial Mortgage Securities Corp), Pooling and Servicing Agreement (Chase Manhattan Bk First Union Na Bk Com Mor Tr Ser 1999-1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 aboveor the Special Servicer, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not later than the later of 60 Within 30 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an eventhas actual knowledge, the Trustee shall transmit by mail to all Holders of Certificates and to each Rating Agency notice of each such occurrenceEvent of Default, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Icifc Secured Assets Corp), Pooling and Servicing Agreement (Gs Mortgages Sec Corp Ii Com Mort Pas THR Cert Ser 1998-C1), Pooling and Servicing Agreement (Gs Mortgage Securities Ii Series 1997-Gl I)
Notification to Certificateholders. (a) Upon any resignation of the Master Servicer or the Special Servicer pursuant to Section 6.04, any termination of the Master Servicer or the Special Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer or the Special Servicer pursuant to Section 7.02 above7.02, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of (i) 60 days after the occurrence of any event, event which constitutes or whichor, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or and (ii) five days after a Responsible Officer of the Trustee becomes aware would be deemed to have notice of the occurrence of such an eventevent in accordance with Section 8.02(vii), the Trustee shall transmit by mail to the Depositor and all Holders of Certificates Certificateholders notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waivedcured.
Appears in 12 contracts
Samples: Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc), Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc), Pooling and Servicing Agreement (Gmac Commercial Mortgage Securities Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default Termination or within five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 11 contracts
Samples: Pooling and Servicing Agreement (Financial Asset Securities Corp First Franklin Mortgage Loan Trust 2004-Ffh3), Pooling and Servicing Agreement (Financial Asset Sec Corp Asset Backed Cert Ser 2003 Ffh1), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2004-Ff5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.34, the Trustee Certificate Registrar or the Trustee, if the Master Servicer is also the Certificate Registrar and Securities Administrator, shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2006-6), Pooling and Servicing Agreement (Thornburg Mortgage Securities Trust 2008-1), Pooling and Servicing Agreement (Thornburg Mortgage Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the NIMS Insurer.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and to the NIMS Insurer and the Swap Counterparty notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-8), Pooling and Servicing Agreement (Long Beach Mortgage Loan Trust 2006-11), Pooling and Servicing Agreement (WaMu Asset-Backed Certificates, WaMu Series 2007-He2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series 2006-He7), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series AMQ 2007-He2), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series OOMC 2006-He3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Securities Administrator and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 9 contracts
Samples: Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-7), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-4), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2004-5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 7.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 7.2 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Deutsche Mort Sec Inc Mortgage Loan Trust Series 2004 2), Pooling and Servicing Agreement (Deutsche Alt-a Securities Inc), Pooling and Servicing Agreement (Mortgage Loan Trust Series 2003-2xs)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or Section 7.02 hereof, or any appointment of a successor to a Servicer or the Master Servicer pursuant to Section 7.02 aboveServicer, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of Within 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer the Trustee's receipt of the Trustee becomes aware notice of the occurrence of such an eventany event permitting termination of a Servicer, the Trustee shall transmit by mail to all Holders of Certificates the Certificateholders notice of each such occurrenceEvent of Default or event known to the Trustee, unless such default or Master Servicer Event of Default or event shall have been cured or waived.
Appears in 8 contracts
Samples: Trust Agreement (Saxon Asset Securities Co), Trust Agreement (Saxon Asset Securities Co), Underwriting Agreement (Saxon Asset Securities Co)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Option One Mort Accept Corp Asset Backed Cert Series 2000-3), Pooling and Servicing Agreement (Option One Mort Accept Corp Asset Backed Cert Ser 2000-2), Pooling and Servicing Agreement (Asset Backed Certificates Series 2001-Ff2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 7.1 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above7.2, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2005-Ar1), Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2005-3), Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2005-Ar2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 8.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 8.2 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 8 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2006-Ar5), Pooling and Servicing Agreement (PHH Alternative Mortgage Trust, Series 2007-2), Pooling and Servicing Agreement (Deutsche Alt-a Securities Mortgage Loan Trust, Series 2007-Ar3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 aboveor the Special Servicer, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not later than the later of 60 Within 30 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an eventhas actual knowledge, the Trustee shall transmit by mail to all Holders of Certificates and to each Rating Agency notice of each such occurrenceEvent of Default, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Asset Securitization Corp Series 1997-D5), Pooling and Servicing Agreement (Asset Securitization Corp Com Mor Pass THR Cer Ser 1997 Md), Pooling and Servicing Agreement (Asset Securitization Corp Series 1997-D5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above3.31, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate Register, to each Rating Agency, to any NIMS Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders and any NIMS Insurer notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (HarborView 2007-6), Pooling and Servicing Agreement (HarborView 2007-5), Pooling and Servicing Agreement (HarborView 2007-7)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04 or this Article VII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Certificate Insurer at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of (i) 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination and (ii) five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L3), Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L4), Pooling and Servicing Agreement (IndyMac Residential Mortgage-Backed Trust, Series 2006-L2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee Trust Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee Trust Administrator becomes aware of the occurrence of such an event, the Trustee Trust Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ahl1), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Amc3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and the Swap Provider.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and the Swap Provider notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-D), Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-B), Pooling and Servicing Agreement (New Century Home Equity Loan Trust, Series 2005-C)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee (in the case of a Servicer Event of Termination) becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Credit Risk Manager and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master default, Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Eq1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2007-Ns1), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Wf2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 7.1 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above7.2, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 sixty (60) days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five (5) days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificates, at the expense of the Trust Fund, notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Deutsche Mortgage Securities Inc), Pooling and Servicing Agreement (Deutsche Alt-a Securities Inc), Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2005-5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04 hereof, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agencies.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc), Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc MRT Ln Ps Th CRT Sr 01 Frb1), Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 7.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 7.2 above, the Trustee shall give prompt written notice thereof to the Certificate Insurer and the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Certificate Insurer and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-Ab1), Pooling and Servicing Agreement (Deutsche Alt-B Securities, Inc. Mortgage Loan Trust, Series 2006-Ab2), Pooling and Servicing Agreement (Deutsche Mortgage Securities Inc. Mortgage Loan Trust 2004-5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 abovethis Agreement, the Trustee shall give prompt written notice thereof to the Securities Administrator, the Certificate Insurer and Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Securities Administrator, the Certificate Insurer and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2004-Ar2), Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2004-Ar1), Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2004-Ar1)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination the Trustee shall be deemed to have actual knowledge of such Master Servicer Event of Termination five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, event and the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Rating Agencies promptly after any such occurrence.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (PHHMC Mortgage Pass-Through Certificates, Series 2005-4), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Cendant Mortgage Capital LLC)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Certificate Insurer and the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Certificate Insurer and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc. Asset-Backed Pass-Through Certificates, Series 2005-Wf2), Pooling and Servicing Agreement (Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-Ab3), Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2003-5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above3.31, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate Register, to each Rating Agency, to any NIMS Insurer and the Certificate Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders, any NIMS Insurer and the Certificate Insurer notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Dsla 2007-Ar1), Pooling and Servicing Agreement (HarborView 2007-2), Pooling and Servicing Agreement (HarborView 2006-14)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency and the Certificate Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Securities Administrator, the Certificate Insurer and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-11), Pooling and Servicing Agreement (HarborView Mortgage Loan Trust 2005-15)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and the Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination the Trustee shall be deemed to have actual knowledge of such Master Servicer Event of Termination five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, event and the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Rating Agency promptly after any such occurrence.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (PHHMC Mortgage Pass-Through Certificates, Series 2005-3), Pooling and Servicing Agreement (CDMC Mortgage Pass-Through Certificates, Series 2004-4)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default Termination or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default Termination shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (New Century Mort Sec Inc Home Equity Ln Tr Se 2003 B), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc Series 2004-Hyb3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Certificate Insurer.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Salomon Broth Mor Sec Vii Asset Bac Float Rt Cer Se 1997 Lb1), Pooling and Servicing Agreement (Salomon Brothers Mort Sec Vii Asset Backed Cert 1996-Lb2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 abovethis Agreement, the Trustee shall give prompt written notice thereof to the Certificate Insurer, the Securities Administrator and Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Certificate Insurer, the Securities Administrator and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (DSLA Mortgage Loan Trust 2005-Ar6), Pooling and Servicing Agreement (Dsla Mortgage Loan Trust 2005-Ar5)
Notification to Certificateholders. (a) Upon any termination of the Master a Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master a Servicer pursuant to Section 7.02 above, the Trustee Trust Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee Trust Administrator becomes aware of the occurrence of such an event, the Trustee Trust Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Servicing Termination Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Servicing Termination Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Certificateholders and the Certificate Insurer at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and the Certificate Insurer notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-A), Pooling and Servicing Agreement (New Century Home Equity Loan Trust Series 2005-A)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Salomon Brothers Mor Sec Vii Inc Mor Pa THR Cer Ser 1995 3), Pooling and Servicing Agreement (Salomon Brothers Mor Sec Vii Inc Mor Pa THR Cer Ser 1995 2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate Register, to each Rating Agency, to any NIMS Insurer and the Certificate Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders, any NIMS Insurer and the Certificate Insurer notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Dsla 2006-Ar2), Pooling and Servicing Agreement (Harborview 2006-7)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to FSA and Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to FSA and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Pass-Through Certificates, Series 2004-He9), Pooling and Servicing Agreement (Asset Backed Pass-Through Certificates, Series 2004-He7)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above3.34, the Trustee Certificate Registrar or the Trustee, if the Master Servicer is also the Certificate Registrar and Securities Administrator, shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Luminent 2006-5), Pooling and Servicing Agreement (Luminent 2006-4)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the NIMS Insurer.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and to the NIMS Insurer notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He1), Pooling and Servicing Agreement (Washington Mutual Asset-Backed Certificates, WMABS Series 2006-He2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 6.23 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 6.22 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of (i) 60 days after the occurrence of any event, event which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or and (ii) five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (FBR Securitization, Inc.), Pooling and Servicing Agreement (First NLC Securitization, Inc.)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee Master Servicer shall give prompt written notice thereof to CIFG and Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee Master Servicer becomes aware of the occurrence of such an event, the Trustee Master Servicer shall transmit by mail to CIFG and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 8.01 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above8.02, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (People's Financial Realty Mortgage Securities 2006-1), Pooling and Servicing Agreement (Peoples Choice Home Loan Securities Trust Series 2004-2)
Notification to Certificateholders. (a) Upon any termination of the either Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the such Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset-Backed Certificates Series 1997-Lb6), Pooling and Servicing Agreement (Salomon Brothers MRT Sec Vii Inc Ast Bk Fl Rt CRT Sr 1997lb3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee Master Servicer shall give prompt written notice thereof to FSA and Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee Master Servicer becomes aware of the occurrence of such an event, the Trustee Master Servicer shall transmit by mail to FSA and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Pass-Through Certificates, Series 2004-He8), Pooling and Servicing Agreement (Asset Backed Pass-Through Certificates, Series 2004-He6)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04 or this Article VII, the Trustee shall give prompt written notice thereof to the Certificateholders and the Certificate Insurer at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of (i) 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination and (ii) five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L3), Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above the Servicing Agreement or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee Securities Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee Securities Administrator becomes aware of the occurrence of such an event, the Trustee Securities Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling Agreement (Jpmac 2006-Cw1), Pooling Agreement (Jpmac 2006-Cw1)
Notification to Certificateholders. (a) Upon any termination of the Master any Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master such Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp), Pooling and Servicing Agreement (Asset Backed Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 30 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (GE-WMC Mortgage Securities, L.L.C.), Pooling and Servicing Agreement (GE-WMC Mortgage Securities, L.L.C.)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or five days after Termination of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenwich Capital Acc Inc Mort Loan Pas THR Certs Ser 01 2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate Register, to each Rating Agency and to any NIMS Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders and any NIMS Insurer notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Harborview 2006-8)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to CIFG and Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to CIFG and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Securities Administrator and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Servicing Termination Event of Default or five days after a Responsible Officer of the Trustee becomes aware has actual knowledge of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Servicing Termination Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Structured Asset Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 abovethis Article VII, the Trustee shall give prompt written notice thereof to the Cap Counterparties, if prior to the Class I Termination Date, to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Servicing Default or for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Cap Counterparties, if prior to the Class I Termination Date, and all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Servicing Default shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (NovaStar Certificates Financing CORP)
Notification to Certificateholders. (a) Upon any termination or appointment of the a successor Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificate Insurer, the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Certificate Insurer promptly after any such occurrence.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Financial Asset Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders and the Certificate Insurer at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of (i) 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination and (ii) five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Indymac Residential Mortgage-Backed Trust, Series 2005-L1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer or the Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer or the Servicer pursuant to Section 7.02 above, the Trustee Securities Administrator shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five days after a Responsible Officer of the Trustee Securities Administrator becomes aware of the occurrence of such an event, the Trustee Securities Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Encore Credit Receivables Trust 2005-4)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee 107 shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default Termination or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default Termination shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Series 2004-Hyb2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 8.01 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above8.02, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register, and to each Rating Agency.
(b) Not later than the later of 60 sixty (60) days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five (5) days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (NAAC Alternative Loan Trust, Series 2005-Wf1)
Notification to Certificateholders. 109
(a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Floating Rate Mort Pass Through Cert Series 2000-1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Guarantor.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates and to the Guarantor notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Long Beach Mortgage Loan Tr 2001-3 as-BCKD Cert Ser 2001-3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.. 118
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2005-Fre1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 7.1 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above7.2, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 [ ] days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five [ ] days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificates, at the expense of the Trust Fund, notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and the Class A2-B Certificate Insurer.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 8.8 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 8.9 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of (i) 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or and (ii) five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Etrade Mortgage Backed Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each 120 such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Stanwich Asset Acceptance CO LLC)
Notification to Certificateholders. 116
(a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Financial Asset Sec Corp Ast Back Certs Ser 2003-1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (HarborView 2006-13)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(ba) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Carrington Mortgage Loan Trust, Series 2006-Nc5)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to MBIA and to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ace Securities Corp Home Equity Loan Trust Series 2002-He2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 8.01 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above8.02, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five (5) days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Peoples Choice Home Loan Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 7.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 aboveor the Special Servicer, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of Within 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after known to a Responsible Officer of the Trustee becomes aware (five days in the case of the occurrence an Event of such an eventDefault under Section 7.1(i)), the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrenceEvent of Default, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (LTC Properties Inc)
Notification to Certificateholders. (a) Upon any termination of the any Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the such Master Servicer pursuant to Section 7.02 above, the Trustee Trust Administrator shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee Trust Administrator becomes aware of the occurrence of such an event, the Trustee Trust Administrator shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Notification to Certificateholders. (a) Upon any such termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above7.02, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, event which constitutes or whichor, with notice or lapse of time or both, would constitute a Master Servicer an Event of Default or five 5 days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Mortgage Loan Seller and all Holders of Certificates Certificateholders notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Fdic Remic Trust 1996-C1)
Notification to Certificateholders. (a) Upon any termination of the Master either Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master such Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (New Century Mort Sec Inc Home Equity Loan Tr Ser 2003 2)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificate Insurer and to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Financial Assets Sec Corp First Franklin Mort Ln Tr 2002 Ffa)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificate Insurer, the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured. Such notice shall be given to the Certificate Insurer promptly after any such occurrence.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (United Panam Financial Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to this Article VII or Section 7.02 above6.04 hereof, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agencies.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee (or other successor Trust Administrator) shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default Termination or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default Termination shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salomon Brots Mort Sec Vii Inc Citigroup Mort Ln Tr 03 Hyb1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders and the Certificate Insurer at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Certificate Insurer and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2004-Res1)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and each Rating Agency.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Option One Mort Accep Corp Asset Backed Cert Ser 2000-1)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above 7.1 or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above7.2, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 sixty (60) days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five (5) days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2005-4)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Ace Securities Corp)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 7.1 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 7.2 above, the Trustee shall give prompt written notice thereof to MBIA and the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to MBIA and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Alt a Securities Inc Mort Loan Trust Ser 2003-4xs)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to the Insurer and the Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to the Insurer and all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Deutsche Alt-B Securities Mortgage Loan Trust, Series 2006-Ab4)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor the Master Servicer pursuant to this Article VII or Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above6.04, the Trustee shall give prompt written notice thereof to the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to the Rating Agencies.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer Event of Default or Termination for five days Business Days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default Termination shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Greenwich Capital Acceptance Inc)
Notification to Certificateholders. (a) Upon any termination of the any Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the such Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Solomon Bros Mort Sec Vii Inc Fl Rt MRT Ps THR Cert 1999 3)
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the Master Servicer pursuant to Section 7.02 above, the Trustee shall give prompt written notice thereof to Certificateholders at their respective addresses appearing in the Certificate Register.
(b) Not later than the later of 60 days after the occurrence of any event, which constitutes or which, with notice or lapse of time or both, would constitute a Master Servicer Event of Default or five days after a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates notice of each such occurrence, unless such default or Master Servicer Event of Default shall have been cured or waived.. 110
Appears in 1 contract
Notification to Certificateholders. (a) Upon any termination of the Master Servicer pursuant to Section 7.01 above or any appointment of a successor to the any Master Servicer pursuant to this Article VII or Section 7.02 above3.30, the Trustee shall give prompt written notice thereof to the Securities Administrator and the Certificateholders at their respective addresses appearing in the Certificate RegisterRegister and to each Rating Agency and the Certificate Insurer.
(b) Not No later than the later of 60 days after the occurrence of any event, event which constitutes or which, with notice or a lapse of time or both, would constitute a Master Servicer an Event of Default or five days after of which a Responsible Officer of the Trustee becomes aware of the occurrence of such an event, the Trustee shall transmit by mail to all Holders of Certificates Certificateholders and the Certificate Insurer notice of each such occurrence, occurrence unless such default or Master Servicer Event of Default shall have been cured waived or waivedcured.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Harborview 2006-Bu1)