Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator. (b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 53 contracts
Samples: Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSMC Mortgage Backed Trust Series 2007-1), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-2)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, Seller and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers Seller and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 20 contracts
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-6a), Pooling and Servicing Agreement (Adjustable Rate Mortgage Trust 2006-3), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-7)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the SellersDLJMC, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers DLJMC and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 19 contracts
Samples: Pooling and Servicing Agreement (CSFB Mort Sec Corp Mort Backed Pass THR Certs Ser 2003 Ar5), Pooling and Servicing Agreement (CSFB Mortgage Backed Pass Through Certs Ser 2003-Ar12), Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates Ser Ar15)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the SellersSeller, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers Seller and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 15 contracts
Samples: Pooling and Servicing Agreement (CSMC 2006-8), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2006-6), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2006-9)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator Administrator, or the Trustee in the case of the Master Servicer shall give prompt written notice thereof to the Sellers, Seller and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and Seller, all Certificateholders, Certificateholders and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 4 contracts
Samples: Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-7), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-7), Pooling and Servicing Agreement (CSMC Mortgage-Backed Trust 2007-5)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any the Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, Seller and to the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and Seller, all Certificateholders, Certificateholders and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2006-4), Pooling and Servicing Agreement (TBW 2006-2), Pooling and Servicing Agreement (TBW 2006-1)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the a Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the related Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CSFB Mort Sec Corp Mort Backed Pass THR Certs Ser 2003 Ar5)
Notification to Certificateholders. (a) Upon any termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, Agencies or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such 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 termination or appointment of a successor to the Master Servicer or any the Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such 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 termination or appointment of a successor to the Master Servicer or any Servicer, the Trust Administrator shall give prompt written notice thereof to the Sellers, Sellers and the Certificateholders at their respective addresses appearing in the Certificate Register and to the Rating Agencies, or, as applicable, the Master Servicer shall give prompt written notice thereof to the Trust Administrator.
(b) Within two Business Days after the occurrence of any Event of Default, the Trust Administrator shall transmit by mail to the Sellers and all Certificateholders, and the Rating Agencies notice of each such Event of Default hereunder known to the Trust Administrator, unless such Event of Default shall have been cured or waived.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-10)