Common use of Obligations of the Supplemental Servicer Clause in Contracts

Obligations of the Supplemental Servicer. (a) The Supplemental Servicer shall, with respect to each Mandatory Trust Group, and may, with respect to each Optional Trust Group, advance on each Monthly Remittance Date, until the Supplemental Servicer's advancing obligation terminates pursuant to Section 4.01 hereof, to each Trustee on behalf its respective Trust Groups, a "Supplemental Delinquency Advance" in an amount equal to the lesser of

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contisecurities Asset Funding Corp), Pooling and Servicing Agreement (Contifinancial Corp)

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