Common use of Reconciliation Clause in Contracts

Reconciliation. The Servicer shall, on or before the related Servicing Transfer Date, reconcile principal balances and make any monetary adjustments necessary to complete the reconciliation. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer as appropriate.

Appears in 32 contracts

Samples: Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-14sl), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax)

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Reconciliation. The Servicer shall, on or before the related Servicing Transfer Out Date, reconcile principal balances and make any monetary adjustments necessary to complete the reconciliation. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer successor servicer as appropriate.

Appears in 10 contracts

Samples: Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-15ar), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar), Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-13)

Reconciliation. The Servicer shall, on or before the related Servicing Transfer Date, reconcile principal balances and make any monetary adjustments necessary to complete required by the reconciliationPurchaser. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer Purchaser as appropriate.

Appears in 9 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-11), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-6xs), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2006-12xs)

Reconciliation. The Servicer shall, on or before the related Servicing Transfer Termination Date, reconcile principal balances and make any monetary adjustments necessary to complete required by the reconciliationPurchaser. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer Purchaser as appropriate.

Appears in 2 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1)

Reconciliation. The Servicer shall, on or before the related Servicing Transfer Date, reconcile principal balances and make any monetary adjustments necessary for the Mortgage Loans as agreed to complete by the reconciliationServicer and the Purchaser. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer Purchaser as appropriate.;

Appears in 1 contract

Samples: Purchase Agreement (Terwin Securitization LLC)

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Reconciliation. The Servicer shall, on or before the related Servicing Subsequent Transfer Date, reconcile principal balances and make any monetary adjustments necessary to complete required by the reconciliationPurchaser. Any such monetary adjustments will be transferred between the Servicer and the Successor Servicer Purchaser as appropriate.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sabr Trust 2005-Fr2)

Reconciliation. The REIT Servicer shall, on or before the related Servicing Transfer Date, reconcile principal balances and make any monetary adjustments necessary to complete the reconciliation. Any such monetary adjustments will be transferred between the REIT Servicer and the Successor Servicer as appropriate.

Appears in 1 contract

Samples: Reit Servicing Agreement (MortgageIT Holdings, Inc.)

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