Common use of Retention and Termination of Servicer Clause in Contracts

Retention and Termination of Servicer. 29 SECTION 4.15. FIDELITY BOND AND ERRORS AND OMISSIONS POLICY................................................... 29 Article V Trust Accounts; Distributions; Statements to Noteholders 29 SECTION 5.1. ESTABLISHMENT OF TRUST ACCOUNTS................................................................. 29 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................................................... 29 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................................................... 29 SECTION 5.4. APPLICATION OF COLLECTIONS...................................................................... 29 SECTION 5.5. WITHDRAWALS FROM SPREAD ACCOUNT................................................................. 29 SECTION 5.6. ADDITIONAL DEPOSITS............................................................................. 29 SECTION 5.7. DISTRIBUTIONS................................................................................... 29 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................................................... 29 SECTION 5.9. PRE-FUNDING ACCOUNT............................................................................. 29 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................................................... 29 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................................................ 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. 29 3 SECTION 4.15. FIDELITY BOND AND ERRORS AND OMISSIONS POLICY................................................... 29 Article ................... 3 ARTICLE V Trust AccountsTRUST ACCOUNTS; DistributionsDISTRIBUTIONS; Statements to Noteholders 29 STATEMENTS TO NOTEHOLDERS 3 SECTION 5.1. ESTABLISHMENT OF TRUST ACCOUNTS................................................................. 29 ................................. 3 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................................................... 29 .................................... 3 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................................................... 29 .......................... 3 SECTION 5.4. APPLICATION OF COLLECTIONS...................................................................... 29 ...................................... 3 SECTION 5.5. WITHDRAWALS FROM SPREAD ACCOUNT................................................................. 29 ................................. 3 SECTION 5.6. ADDITIONAL DEPOSITS............................................................................. 29 ............................................. 3 SECTION 5.7. DISTRIBUTIONS................................................................................... 29 ................................................... 3 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................................................... 29 ....................................... 3 SECTION 5.9. PRE-FUNDING ACCOUNT............................................................................. 29 ............................................. 3 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................................................... 29 ....................................... 3 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................................................ 29 ................................ 3 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. 29 19 SECTION 4.154.16. FIDELITY BOND BOND...................................................................................20 SECTION 4.17. LIEN SEARCHES; OPINIONS AS TO TRANSFERS AND ERRORS AND OMISSIONS POLICY................................................... 29 Article SECURITY INTERESTS..................................20 SECTION 4.18. SUBSERVICING ARRANGEMENTS.......................................................................20 ARTICLE V Trust AccountsACCOUNTS; DistributionsDISTRIBUTIONS; Statements to Noteholders 29 STATEMENTS TO THE NOTEHOLDER..................................................21 SECTION 5.1. ESTABLISHMENT OF TRUST PLEDGED ACCOUNTS................................................................. 29 ................................................................21 SECTION 5.2. CAPITALIZED INTEREST ACCOUNT.................................................................... 29 [RESERVED].......................................................................................22 SECTION 5.3. CERTAIN REIMBURSEMENTS TO THE SERVICER.......................................................... 29 ...........................................................22 SECTION 5.4. APPLICATION OF COLLECTIONS...................................................................... 29 .......................................................................23 SECTION 5.5. WITHDRAWALS FROM SPREAD RESERVE ACCOUNT................................................................. 29 ..................................................................................23 SECTION 5.6. ADDITIONAL DEPOSITS............................................................................. 29 ..............................................................................23 SECTION 5.7. DISTRIBUTIONS................................................................................... 29 ....................................................................................23 SECTION 5.8. NOTE DISTRIBUTION ACCOUNT....................................................................... 29 ........................................................................25 SECTION 5.9. PRE-FUNDING ACCOUNT............................................................................. 29 STATEMENTS TO THE NOTEHOLDER.....................................................................25 SECTION 5.10. STATEMENTS TO NOTEHOLDERS....................................................................... 29 SECTION 5.11. OPTIONAL DEPOSITS BY THE INSURER................................................................ 29 SECTION 5.12. [ RESERVED ].................................................................................... 29 Article VI The Note Policy 29 SECTION 6.1. CLAIMS UNDER NOTE POLICY........................................................................ 29 SECTION 6.2.DIVIDEND OF INELIGIBLE RECEIVABLES..............................................................26 i TABLE OF CONTENTS (CONTINUED)

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