Common use of Retention and Termination of Servicer Clause in Contracts

Retention and Termination of Servicer. 42 SECTION 4.15. FIDELITY BOND AND ERRORS AND OMISSIONS POLICY................... 43 ARTICLE V TRUST ACCOUNTS; DISTRIBUTIONS; STATEMENTS TO NOTEHOLDERS 43 SECTION 5.1. ESTABLISHMENT OF TRUST ACCOUNTS................................. 43 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................... 45 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................... 46 SECTION 5.4. APPLICATION OF COLLECTIONS...................................... 46 SECTION 5.5. WITHDRAWALS FROM SPREAD ACCOUNT................................. 47 SECTION 5.6. ADDITIONAL DEPOSITS............................................. 47 SECTION 5.7. DISTRIBUTIONS................................................... 48 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................... 49 SECTION 5.9. PRE-FUNDING ACCOUNT............................................. 51 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................... 51 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................ 52 SECTION 5.12.

Retention and Termination of Servicer. 42 19 SECTION 4.154.16. FIDELITY BOND BOND...................................................................................20 SECTION 4.17. LIEN SEARCHES; OPINIONS AS TO TRANSFERS AND ERRORS AND OMISSIONS POLICY................... 43 SECURITY INTERESTS..................................20 SECTION 4.18. SUBSERVICING ARRANGEMENTS.......................................................................20 ARTICLE V TRUST ACCOUNTS; DISTRIBUTIONS; STATEMENTS TO NOTEHOLDERS 43 THE NOTEHOLDER..................................................21 SECTION 5.1. ESTABLISHMENT OF TRUST PLEDGED ACCOUNTS................................. 43 ................................................................21 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................... 45 [RESERVED].......................................................................................22 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................... 46 ...........................................................22 SECTION 5.4. APPLICATION OF COLLECTIONS...................................... 46 .......................................................................23 SECTION 5.5. WITHDRAWALS FROM SPREAD RESERVE ACCOUNT................................. 47 ..................................................................................23 SECTION 5.6. ADDITIONAL DEPOSITS............................................. 47 ..............................................................................23 SECTION 5.7. DISTRIBUTIONS................................................... 48 ....................................................................................23 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................... 49 ........................................................................25 SECTION 5.9. PRE-FUNDING ACCOUNT............................................. 51 STATEMENTS TO THE NOTEHOLDER.....................................................................25 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................... 51 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................ 52 SECTION 5.12.DIVIDEND OF INELIGIBLE RECEIVABLES..............................................................26 i TABLE OF CONTENTS (CONTINUED)

Retention and Termination of Servicer. 42 29 SECTION 4.15. FIDELITY BOND AND ERRORS AND OMISSIONS POLICY................... 43 ARTICLE ................................................... 29 Article V TRUST ACCOUNTSTrust Accounts; DISTRIBUTIONSDistributions; STATEMENTS TO NOTEHOLDERS 43 Statements to Noteholders 29 SECTION 5.1. ESTABLISHMENT OF TRUST ACCOUNTS................................. 43 ................................................................. 29 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................... 45 .................................................................... 29 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................... 46 .......................................................... 29 SECTION 5.4. APPLICATION OF COLLECTIONS...................................... 46 ...................................................................... 29 SECTION 5.5. WITHDRAWALS FROM SPREAD ACCOUNT................................. 47 ................................................................. 29 SECTION 5.6. ADDITIONAL DEPOSITS............................................. 47 ............................................................................. 29 SECTION 5.7. DISTRIBUTIONS................................................... 48 ................................................................................... 29 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................... 49 ....................................................................... 29 SECTION 5.9. PRE-FUNDING ACCOUNT............................................. 51 ............................................................................. 29 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................... 51 ....................................................................... 29 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................ 52 ................................................................ 29 SECTION 5.12. [ RESERVED ].................................................................................... 29 Article VI The Note Policy 29 SECTION 6.1. CLAIMS UNDER NOTE POLICY........................................................................ 29 SECTION 6.2.

Retention and Termination of Servicer. 42 3 SECTION 4.15. FIDELITY BOND AND ERRORS AND OMISSIONS POLICY................... 43 3 ARTICLE V TRUST ACCOUNTS; DISTRIBUTIONS; STATEMENTS TO NOTEHOLDERS 43 3 SECTION 5.1. ESTABLISHMENT OF TRUST ACCOUNTS................................. 43 3 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................... 45 3 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................... 46 3 SECTION 5.4. APPLICATION OF COLLECTIONS...................................... 46 3 SECTION 5.5. WITHDRAWALS FROM SPREAD ACCOUNT................................. 47 3 SECTION 5.6. ADDITIONAL DEPOSITS............................................. 47 3 SECTION 5.7. DISTRIBUTIONS................................................... 48 3 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................... 49 3 SECTION 5.9. PRE-FUNDING ACCOUNT............................................. 51 3 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................... 51 3 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................ 52 3 SECTION 5.12.