Pass Through Transfer. (a) The Purchaser may convey the Mortgage Loans to one or more securitized trust structures (“Pass-Through Transfers”). In each case temporarily retaining the Interim Servicer as the servicer thereof. The date on which any Mortgage Loans are included in a Pass-Through Transfer shall be a Reconstitution Date. On any Reconstitution Date, the Mortgage Loans transferred shall cease to be covered by the Interim Servicing Agreement.
Appears in 4 contracts
Samples: Flow Interim Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2006-12), Flow Interim Servicing Agreement (Lehman XS Trust Series 2006-Gp2), Flow Interim Servicing Agreement (Lehman XS Trust Series 2006-Gp1)
Pass Through Transfer. (a) The Purchaser may convey the Mortgage Loans to one or more securitized trust structures (“"Pass-Through Transfers”"). In each case temporarily retaining the Interim Servicer as the servicer thereof. The date on which any Mortgage Loans are included in a Pass-Through Transfer shall be a Reconstitution Date. On any Reconstitution Date, the Mortgage Loans transferred shall cease to be covered by the Interim Servicing Agreement.
Appears in 3 contracts
Samples: Flow Interim Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a), Flow Interim Servicing Agreement (Structured Asset Securities Corp Mort Pas-THR Cert Ser 2002-), Flow Interim Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a)
