Common use of Servicing Transfer Costs Clause in Contracts

Servicing Transfer Costs. In the event that the Servicer does not reimburse the Master Servicer under this Agreement, all costs associated with the transfer of servicing from the predecessor Servicer, including, without limitation, any costs or expenses associated with the termination of the predecessor servicer, the appointment of a successor servicer, the complete transfer of all servicing data and the manipulation, completion or correction of such servicing data as may be required by the Master Servicer or any successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Master Servicer or successor servicer to service the Mortgage Loans properly and effectively. SFAS 140: Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.

Servicing Transfer Costs. In the event that the Servicer does not reimburse the Master Servicer Trustee under the this Agreement, all costs associated with the transfer of servicing from the predecessor Servicer, including, without limitation, any costs or expenses associated with the termination of the predecessor servicerServicer, the appointment of a successor servicer, the complete transfer of all servicing data and the manipulationcompletion, completion correction or correction manipulation of such servicing data as may be required by the Master Servicer Trustee or any successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Master Servicer Trustee or successor servicer to service the Mortgage Loans properly and effectively. SFAS 140: Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.

Servicing Transfer Costs. In the event that the Servicer does not reimburse the Master Servicer Securities Administrator under this Agreement, all costs associated with the transfer of servicing from the predecessor Servicer, including, without limitation, any costs or expenses associated with the termination of the predecessor servicerServicer, the appointment of a successor servicer, the complete transfer of all servicing data and the manipulationcompletion, completion correction or correction manipulation of such servicing data as may be required by the Master Servicer Securities Administrator or any successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Master Servicer Securities Administrator or successor servicer to service the Mortgage Loans properly and effectively. SFAS 140: Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.

Servicing Transfer Costs. In the event that the a Servicer does not reimburse the Master Servicer or the Trustee under this Agreement, all costs associated with the transfer of servicing from the such predecessor Servicer, including, without limitation, any costs or expenses associated with the termination of the such predecessor servicerServicer, the appointment of a successor servicer, the complete transfer of all servicing data and the manipulationcompletion, completion correction or correction manipulation of such servicing data as may be required by the Master Servicer or any successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Master Servicer or successor servicer to service the Mortgage Loans properly and effectively. SFAS 140: Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.

Servicing Transfer Costs. In the event that the Servicer does not reimburse the Master Servicer under this Agreement, all costs associated with the transfer of servicing from the predecessor Servicer, including, without limitation, any costs or expenses associated with the termination of the predecessor servicerServicer, the appointment of a successor servicer, the complete transfer of all servicing data and the manipulationcompletion, completion correction or correction manipulation of such servicing data as may be required by the Master Servicer or any successor servicer to correct any errors or insufficiencies in the servicing data or otherwise to enable the Master Servicer or successor servicer to service the Mortgage Loans properly and effectively. SFAS 140: Statement of Financial Accounting Standard No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities dated September 2000, published by the Financial Accounting Standards Board of the Financial Accounting Foundation.