Rule 15Ga-1 Compliance. (a) To the extent a Responsible Officer of the Master Servicer receives a demand for the repurchase or substitution of a Mortgage Loan based on a breach of a representation or warranty made by the Seller or the Originator of such Mortgage Loan (each, a “Demand”), the Master Servicer agrees (i) if such Demand is in writing, promptly to forward such Demand to the Trustee, and (ii) if such Demand is oral, to instruct the requesting party to submit such Demand in writing to the Trustee. To the extent a Responsible Officer of the Trustee receives a Demand, it shall provide the Depositor with prompt written notice of such Demand.
Appears in 45 contracts
Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Pooling and Servicing Agreement (Sequoia Mortgage Trust 2013-6)
Rule 15Ga-1 Compliance. (a) To the extent a Responsible Officer of the Master Servicer Indenture Trustee receives a demand for the repurchase or substitution of a Mortgage Loan based on a breach of a representation or warranty made by the Seller or the Originator of such Mortgage Loan (each, a “Demand”), the Master Servicer Indenture Trustee agrees (i) if such Demand is in writing, promptly to forward such Demand to the TrusteeDepositor and such Seller, and (ii) if such Demand is oral, to instruct the requesting party to submit such Demand in writing to the Trustee. To Indenture Trustee and the extent a Responsible Officer of the Trustee receives a Demand, it shall provide the Depositor with prompt written notice of such DemandDepositor.
Appears in 5 contracts
Samples: Indenture (Springleaf Holdings, Inc.), Indenture (Springleaf Finance Corp), Indenture (OneMain Financial Holdings, Inc.)
Rule 15Ga-1 Compliance. (a) To the extent a Responsible Officer of the Master Servicer or the Securities Administrator receives a demand for the repurchase or substitution of a Mortgage Loan based on a breach of a representation or warranty made by the Seller or the Originator of such Mortgage Loan Sponsor (each, a “Demand”), the Master Servicer and the Securities Administrator agrees (i) if such Demand is in writing, promptly to forward such Demand to the Trustee, and (ii) if such Demand is oral, to instruct the requesting party to submit such Demand in writing to the Trustee. To the extent a Responsible Officer of the Trustee receives a Demand, it shall provide the Depositor with prompt written notice of such Demand.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Five Oaks Investment Corp.), Pooling and Servicing Agreement (Five Oaks Investment Corp.)
Rule 15Ga-1 Compliance. (a) To the extent a Responsible Officer of the Master Servicer receives a demand for the repurchase or substitution of a Mortgage Loan based on a breach of a representation or warranty made by the Seller or the Originator of such Mortgage Loan (each, a “Demand”), the Master Servicer agrees (i) if such Demand is in writing, promptly to forward such Demand to the Trustee, and (ii) if such Demand is oral, to instruct the requesting party to submit such Demand in writing to the Trustee. To the extent a Responsible Officer of the Trustee receives a Demand, it shall provide the Depositor and the Seller with prompt written notice of such Demand.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Five Oaks Investment Corp.)