Servicer Events of Termination. (a) If any one of the following events ("Servicer Events of Termination") shall occur and be continuing:
Servicer Events of Termination. Section 7.02 Trustee to Act; Appointment of Successor..................... Section 7.03
Servicer Events of Termination. SECTION 7.02 Trustee to Act; Appointment of Successor.
Servicer Events of Termination. 98 Section 7.02. Trustee to Act; Appointment of Successor..................99 Section 7.03. Waiver of Servicer Events of Termination.................100 Section 7.04. Notification to Certificateholders.......................100 Section 7.05. Survivability of Servicer Liabilities....................101 ARTICLE VIII THE TRUSTEE
Servicer Events of Termination. SECTION 7.02. Trustee to Act; Appointment of Successor. SECTION 7.03. Waiver of Defaults. SECTION 7.04. Notification to Certificateholders. SECTION 7.05. Survivability of Servicer Liabilities.
Servicer Events of Termination. 73 Section 7.02 Securities Administrator to Act; Appointment of Successor......................................74 Section 7.03
Servicer Events of Termination. (a) (I) With respect to GMACM, individually, if any one of the following events ("Servicer Events of Termination") shall occur and be continuing:
Servicer Events of Termination. If a Servicer Event of Termination shall occur and be continuing with respect to any Servicer, then, and in each and every such case, for so long as such Servicer Event of Termination shall not have been remedied within the applicable grace period set forth in the related Servicing Contract, the Trustee may, and at the direction of the Holders of each Class of Regular Certificates evidencing Percentage Interests aggregating not less than 51% shall, exercise all of its rights under the related Servicing Contract to terminate all of the rights and obligations of such Servicer as the servicer under such Servicing Contract in accordance with the terms thereof. Any notice given by the Trustee to the Servicer with respect to the foregoing shall also be given by the Trustee to the Rating Agencies, the Depositor and the Seller. In connection with the termination of a Servicer, the Trustee will be entitled to be reimbursed by the Trust Fund (in the event that such Servicer does not timely reimburse the Trustee) for all of the reasonable costs associated with the termination of such Servicer, appointment of any successor Servicer and the transfer of the related servicing to a successor Servicer, including without limitation all reasonable costs and expenses associated with the completion, correction or manipulation of servicing data as may be required to correct any errors or insufficiencies in the servicing data or otherwise to enable the Trustee or the successor Servicer to service the related Mortgage Loans properly and effectively.
Servicer Events of Termination. 65 Section 6.02. Master Servicer to Act; Appointment of Successor...........................................66 Section 6.03. Waiver of Defaults.........................................................................68 Section 6.04. Notification to Noteholders................................................................68 Section 6.05. Survivability of Liabilities...............................................................69 Section 6.06. Master Servicer Events of Termination......................................................69 Section 6.07. Appointment of Successor Master Servicer...................................................71 ARTICLE VII MISCELLANEOUS PROVISIONS Section 7.01. Amendment..................................................................................74 Section 7.02. GOVERNING LAW..............................................................................74 Section 7.03. Notices....................................................................................74 Section 7.04. Severability of Provisions.................................................................76 Section 7.05. Third-Party Beneficiaries..................................................................76 Section 7.06. Counterparts...............................................................................77 Section 7.07. Effect of Headings and Table of Contents...................................................77 Section 7.08. Termination................................................................................77 Section 7.09. No Petition................................................................................77 Section 7.10. No Recourse................................................................................77 Section 7.11. Indenture Trustee Rights...................................................................77 Section 7.12. Compliance.................................................................................77 Section 7.13. Intention of the Parties and Interpretation................................................77 ARTICLE VIII DUTIES OF THE ADMINISTRATOR Section 8.01. Administrative Duties......................................................................79 Section 8.02. Records....................................................................................80 Section 8.03. Additional Information to be Furnished.....................................................80 Section 8.04. No Recourse to Owner Trustee....
Servicer Events of Termination. ... Section 7.02 Certificate Administrator to Act; Appointment of Successor .... Section 7.03
