Common use of Representations and Warranties Remedies and Breach Clause in Contracts

Representations and Warranties Remedies and Breach. Section 4.01. Company Representations and Warranties. 16 Section 4.02. Representations and Warranties Regarding Individual Mortgage Loans. 18 Section 4.03. Remedies for Breach of Representations and Warranties. 30 Section 4.04. Restrictions and Requirements Applicable in the Event that a Mortgage Loan is Acquired by a REMIC. 32 Section 4.05. Pre- Closing Due Diligence. 34 Section 5.01. Company to Act as Servicer. 34 Section 5.02. Liquidation of Mortgage Loans. 36 Section 5.03. Collection of Mortgage Loan Payments. 37 Section 5.04. Establishment of and Deposits to Custodial Account. 37 Section 5.05. Permitted Withdrawals From Custodial Account. 38 Section 5.06. Establishment of and Deposits to Escrow Account. 39 Section 5.07. Permitted Withdrawals From Escrow Account. 40 Section 5.08. Payment of Taxes, Insurance and Other Charges. 41 Section 5.09. Protection of Accounts. 41 Section 5.10. Maintenance of Hazard Insurance. 42 Section 5.11. Maintenance of Mortgage Impairment Insurance. 43 Section 5.12. Maintenance of Fidelity Bond and Errors and Omissions Insurance. 44 Section 5.13. Inspections. 44 Section 5.14. Restoration of Mortgaged Property. 45 Section 5.15. Maintenance of LPMI Policy; Claims. 45 Section 5.16. Title, Management and Disposition of REO Property. 46 Section 5.17. Real Estate Owned Reports. 49 Section 5.18. Liquidation Reports. 49 Section 5.19. Notification of Adjustments. 49 Section 5.20. Reports of Foreclosures and Abandonments of Mortgaged Property. 49 Section 5.21. Waiver of Prepayment Charges. 49 Section 5.22. Credit Reporting. 50 Section 6.01. Remittances. 50 Section 6.02. Statements to Purchaser. 51 Section 6.03. Monthly Advances by Company. 51

Appears in 2 contracts

Samples: Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Sasco 2006-Bc4), Mortgage Loan Purchase Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

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Representations and Warranties Remedies and Breach. Section 4.01. 3.01 Company Representations and Warranties. 16 13 Section 4.02. 3.02 Representations and Warranties Regarding Individual Mortgage Loans. 18 16 Section 4.03. 3.03 Remedies for Breach of Representations and Warranties. 30 25 Section 4.043.04 Review of Mortgage Loans. Restrictions and Requirements Applicable in the Event that a Mortgage Loan is Acquired by a REMIC. 32 27 Section 4.05. Pre- Closing Due Diligence. 34 Section 5.01. 4.01 Company to Act as Servicer. 34 27 Section 5.02. 4.02 Liquidation of Mortgage Loans. 36 29 Section 5.03. 4.03 Collection of Mortgage Loan Payments. 37 30 Section 5.04. 4.04 Establishment of and Deposits to Custodial Account. 37 30 Section 5.05. 4.05 Permitted Withdrawals From Custodial Account. 38 32 Section 5.06. 4.06 Establishment of and Deposits to Escrow Account. 39 33 Section 5.07. 4.07 Permitted Withdrawals From Escrow Account. 40 34 Section 5.08. 4.08 Payment of Taxes, Insurance and Other Charges. 41 34 Section 5.09. 4.09 Protection of Accounts. 41 35 Section 5.10. 4.10 Maintenance of Hazard Insurance. 42 35 Section 5.11. 4.11 Maintenance of Mortgage Impairment Insurance. 43 37 Section 5.12. 4.12 Maintenance of Fidelity Bond and Errors and Omissions Insurance. 44 37 Section 5.13. 4.13 Inspections. 44 38 Section 5.14. 4.14 Restoration of Mortgaged Property. 45 38 Section 5.15. 4.15 Maintenance of PMI and LPMI Policy; Claims. 45 38 Section 5.16. 4.16 Title, Management and Disposition of REO Property. 46 40 Section 5.17. 4.17 Real Estate Owned Reports. 49 41 Section 5.18. 4.18 Liquidation Reports. 49 41 Section 5.19. Notification of Adjustments. 49 Section 5.20. 4.19 Reports of Foreclosures and Abandonments of Mortgaged Property. 49 41 Section 5.21. Waiver of Prepayment Charges. 49 Section 5.22. Credit Reporting. 50 Section 6.01. 5.01 Remittances. 50 42 Section 6.02. 5.02 Statements to Purchaser. 51 42 Section 6.03. 5.03 Monthly Advances by Company. 5143 Section 6.01 Transfers of Mortgaged Property. 43 Section 6.02 Satisfaction of Mortgages and Release of Mortgage Files. 44 Section 6.03 Servicing Compensation. 44 Section 6.04 Annual Statement as to Compliance. 45 Section 6.05 Annual Independent Public Accountants’ Servicing Report. 45 Section 6.06 Right to Examine Company Records. 45 Section 6.07 Appointment and Designation of Master Servicer. 45

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-10)

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Representations and Warranties Remedies and Breach. Section 4.013.1. Company Representations and Warranties. 16 Warranties 19 Section 4.023.2. Representations and Warranties Regarding Individual Mortgage LoansLoans 22 Section 3.3. 18 Xxxxxxxxxx 00 Section 4.03. Remedies for Breach of Representations and Warranties. 30 Section 4.04. Restrictions and Requirements Applicable in the Event that a Mortgage Loan is Acquired by a REMIC. 32 Section 4.05. Pre- Closing Due Diligence. 34 Section 5.014.1. Company to Act as Servicer. 34 Servicer 35 Section 5.024.2. Liquidation of Mortgage Loans. Loans 36 Section 5.034.3. Collection of Mortgage Loan Payments. Payments 37 Section 5.044.4. Establishment of and Deposits to Custodial Account. Account 37 Section 5.054.5. Permitted Withdrawals From Custodial Account. 38 Account 39 Section 5.064.6. Establishment of and Deposits to Escrow Account. 39 Account 40 Section 5.074.7. Permitted Withdrawals From Escrow Account. 40 Account 41 Section 5.084.8. Payment of Taxes, Insurance and Other Charges. 41 Charges 42 Section 5.094.9. Protection of Accounts. 41 Accounts 42 Section 5.104.10. Maintenance of Hazard Insurance. Insurance 42 Section 5.114.11. Maintenance of Primary Mortgage Insurance Policy; Claims 44 Section 4.12. Maintenance of Mortgage Impairment Insurance. 43 Insurance 44 Section 5.124.13. Maintenance of Fidelity Bond and Errors and Omissions InsuranceInsurance 45 Section 4.14. 44 Inspections 45 Section 5.13. Inspections. 44 Section 5.144.15. Restoration of Mortgaged Property. Property 45 Section 5.154.16. Maintenance of LPMI Policy; Claims. 45 Claims 46 Section 5.164.17. Title, Management and Disposition of REO Property. Property 46 Section 5.174.18. Real Estate Owned ReportsReports 47 Section 4.19. Liquidation Reports 48 Section 4.20. Reports and Returns to be Filed 48 Section 4.21. Fair Credit Reporting Act 48 Section 4.22. Disaster Recovery/Business Continuity Plan 48 Section 4.23. MERS 48 Section 5.1. Remittances 49 Section 5.18. Liquidation Reports. 49 Section 5.19. Notification of Adjustments. 49 Section 5.20. Reports of Foreclosures and Abandonments of Mortgaged Property. 49 Section 5.21. Waiver of Prepayment Charges. 49 Section 5.22. Credit Reporting. 50 Section 6.01. Remittances. 50 Section 6.025.2. Statements to Purchaser. 51 Purchaser 49 Section 6.035.3. Monthly Advances by CompanyCompany 49 Section 6.1. 51Transfers of Mortgaged Property 50 Section 6.2. Satisfaction of Mortgages and Release of Mortgage Files 51 Section 6.3. Servicing Compensation 52 Section 6.4. Annual Statement as to Compliance 52 Section 6.5. Annual Independent Public Accountants’ Servicing Report 52 Section 6.6. Right to Examine Company Records 53 Section 6.7. Compliance with REMIC Provisions 53 Section 7.1. Provision of Information 53 Section 7.2. Financial Statements; Servicing Facility 53 Section 7.3. Cooperation with Third-party Service Providers 54

Appears in 1 contract

Samples: Flow Seller’s Warranties and Servicing Agreement (GSR Mortgage Loan Trust 2006-9f)

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