Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency. (b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 36 contracts
Samples: Trust Agreement (GSAA Home Equity Trust 2006-6), Trust Agreement (GSR Mortgage Loan Trust 2007-Oa1), Trust Agreement (GSAA Home Equity Trust 2007-4)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to Certificateholders, each Rating AgencyAgency and the Derivative Counterparty.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and Certificateholders, each Rating Agency and the Derivative Counterparty notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default event shall have been cured or waived.
Appears in 16 contracts
Samples: Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2007-Wf1), Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2006-Wmc1), Pooling and Servicing Agreement (First Franklin Mortgage Loan Trust 2006-Ff5)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default event shall have been cured or waived.
Appears in 11 contracts
Samples: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-Nc3), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-He2), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2007-He6)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Trustee, Certificateholders, and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders Certificateholders, and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-H1), Pooling and Servicing Agreement (GSAMP Trust 2006-He7), Pooling and Servicing Agreement (GSAMP Trust 2006-He3)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Certificateholders, the Depositor and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency the NIMs Insurer notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 10 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Ownit Series 2005-2), Pooling and Servicing Agreement (Ownit Mortgage Loan Trust, Series 2005-5)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 5 contracts
Samples: Trust Agreement (GSAA Home Equity Trust 2006-13), Trust Agreement (GSAA Home Equity Trust 2005-3), Trust Agreement (GSAA Home Equity Trust 2005-3)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a any Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to Certificateholders, each Rating AgencyAgency and the Derivative Counterparty.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and Certificateholders, each Rating Agency and the Derivative Counterparty notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default event shall have been cured or waived.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2007-He1), Pooling and Servicing Agreement (HASCO Trust 2007-He2), Pooling and Servicing Agreement (HSI Asset Securitization CORP Trust 2006-He1)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator Trustee shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator Trustee shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities AdministratorTrustee, unless such Event of Default shall have been cured or waived.
Appears in 4 contracts
Samples: Trust Agreement (Gsaa Home Equity Trust 2004-6), Trust Agreement (BCAPB LLC Trust 2007-Ab1), Trust Agreement (New Century Alternative Mortgage Loan Trust 2006-Alt2)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Trustee, Certificateholders, and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders Certificateholders, and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-Fm1), Pooling and Servicing Agreement (GSAMP Trust 2007-Fm2), Pooling and Servicing Agreement (GSAMP Trust 2006-Fm3)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator Trustee shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator Trustee shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities AdministratorTrustee, unless such Event of Default shall have been cured or waived.
Appears in 4 contracts
Samples: Trust Agreement (GSAA Home Equity Trust 2005-4), Trust Agreement (BCAP LLC Trust 2007-Aa1), Trust Agreement (BCAP LLC Trust 2007-Aa4)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders the Trustee, the Certificateholders, and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders Certificateholders, and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (GSAMP Trust 2007-He1), Pooling and Servicing Agreement (GSAMP Trust 2007-He2)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Certificateholders, to the NIM Insurer and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders Certificateholders, to the NIM Insurer and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Master Servicing and Trust Agreement (GSAA Home Equity Trust 2007-7), Master Servicing and Trust Agreement (GSAA Home Equity Trust 2007-7)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Certificateholders, the NIM Insurer and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders Certificateholders, the NIM Insurer and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Trust Agreement (GSAA Home Equity Trust 2007-8), Trust Agreement (GSAA Home Equity Trust 2007-9)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders Certificateholders, the Depositor and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors, Inc. Series 2004-FFC), Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-Sl1)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly Within 60 days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default event shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (HASCO Trust 2005-Nc2), Pooling and Servicing Agreement (HASCO Trust 2005-Nc1)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a the Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to Certificateholders, each Rating AgencyAgency and the Swap Counterparty.
(b) Promptly Within [ ] days after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and Certificateholders, each Rating Agency and the Swap Counterparty notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default event shall have been cured or waived.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Structured Asset Securities Corp), Pooling and Servicing Agreement (Hsi Asset Securitization Corp)
Notification to Certificateholders. (af) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Oh1)
Notification to Certificateholders. (a) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(ba) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Trust Agreement (GSR 2007-Oa2)
Notification to Certificateholders. (ag) Upon any termination of or appointment of a successor to a Servicer, the Securities Administrator shall give prompt written notice thereof to Certificateholders and to each Rating Agency.
(b) Promptly after the occurrence of any Event of Default, the Securities Administrator shall transmit by mail to all Certificateholders and each Rating Agency notice of each such Event of Default hereunder known to the Securities Administrator, unless such Event of Default shall have been cured or waived.
Appears in 1 contract
