Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1997-Nc1), Pooling and Servicing Agreement (Salomon Bro Mort Sec Vii Inc as Bk Fix & Fl Rte Ce Se 1996-8), Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1996-5a)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer Servicers, the Trust Administrator and the Trustee, and, by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 6 contracts
Samples: Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust Inc), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Securities Inc), Pooling and Servicing Agreement (Long Beach Securities Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, by By accepting its Certificate, each Class A Certificateholder, Certificateholder agrees that unless a Certificate Insurer Default has occurred and is continuingexists, the Certificate Insurer shall be deemed to be the Certificateholders for all purposes (other than with respect to the receipt of payment on the Certificates) and shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of and under the second paragraph of Section 12.01) Class A Certificates without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, by By accepting its Certificate, each Class A Certificateholder, Certificateholder agrees that unless a Certificate Insurer Default has occurred and is continuingexists, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Capital Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, by By accepting its Certificate, each Class A Certificateholder, Certificateholder agrees that unless a Certificate Insurer Default has occurred and is continuingexists, the Certificate Insurer shall be deemed to be the Certificateholders for all purposes (other than with respect to payment on the Certificates) and shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of and under the second paragraph of Section 12.01) Class A Certificates without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Home Loan Mortgage Loan Trust 2005-1), Pooling and Servicing Agreement (Lehman Home Equity Loan Trust 2004-3)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, and by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (including all Voting Rights) (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp), Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, by By accepting its Certificate, each Class A Certificateholder, Certificateholder agrees that unless a Certificate Insurer Default has occurred and is continuingexists, the Certificate Insurer shall be deemed to be the Certificateholders for all purposes (other than with respect to payment on the Certificates) and shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) and under each Class of the second paragraph of Section 12.01) Class A Certificates without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 1 contract
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and Servicer, the Trustee, and, by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate an Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (United Panam Financial Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer Servicer, the Trust Administrator and the Trustee, and, by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Salom BRS MRT Sec Vii Call FLT Rt Mt Ps Th Cer Ser 1998 Nc5)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer Servicer, the Trustee and the TrusteeTrust Administrator, and, and by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (including all Voting Rights) (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, and by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (including all Voting Rights) (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:Section
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Prudential Securities Secured Financing Corp)
Rights of the Certificate Insurer to Exercise Rights of Class A Certificateholders. Each of the Depositor, the Master Servicer and the Trustee, and, and by accepting its Certificate, each Class A Certificateholder, agrees that unless a Certificate Insurer Default has occurred and is continuing, the Certificate Insurer shall have the right to exercise all rights of the Class A Certificateholders under this Agreement (except as provided in clause (i) of the second paragraph of Section 12.01) without any further consent of the Class A Certificateholders, including, without limitation:
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
