Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 31 contracts
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-2), Custodial Agreement (Structured Asset Investment Loan Trust 2004-6), Securitization Servicing Agreement (Structured Asset Investment Loan Trust 2005-5)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.
Appears in 10 contracts
Samples: Trust Agreement (Sasco 2006-Bc3), Trust Agreement (BNC Mortgage Loan Trust 2006-2), Trust Agreement (Sasco 2006-Bc2)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable a Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special Servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related a Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 10 contracts
Samples: Trust Agreement (Lehman Mortgage Trust 2007-6), Trust Agreement (Lehman Mortgage Trust 2006-9), Trust Agreement (Lehman Mortgage Trust 2007-4)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 9 contracts
Samples: Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corporation, 2005-Gel4), Custodial Agreement (Structured Asset Sec Corp Mort Pass-THR Certs Ser 2004-Gel1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator Trustee and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 8 contracts
Samples: Trust Agreement (Structured Asset Securities Corp 2006-S1), Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff2)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the related Servicing Fee Rate.
Appears in 8 contracts
Samples: Trust Agreement (Structured Asset Securities Corp. 2005-14), Trust Agreement (Lehman Mortgage Trust 2005-2), Trust Agreement (Structured Asset Securities Corp. 2005-16)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator Trustee and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.
Appears in 7 contracts
Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff12), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff14)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator Trustee and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 6 contracts
Samples: Trust Agreement (Structured Asset Investment Loan Trust 2005-He3), Trust Agreement (Finance America Mortgage Loan Trust 2004-1), Trust Agreement (First Franklin Mortgage Loan Trust 2004-Ff7)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.
Appears in 6 contracts
Samples: Trust Agreement (BNC Mortgage Loan Trust 2007-2), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Indenture Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust FundEstate. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 5 contracts
Samples: Custodial Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Custodial Agreement (Sasco Mortgage Loan Trust Series 2004-Gel2), Custodial Agreement (Structured Asset Securities Corp)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms Pursuant to Section 11.03 of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2), Trust Agreement (SASCO Mortgage Loan Trust 2005-Wf3), Trust Agreement (Structured Asset Securities Corp 2005-Wf4)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special Servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Lehman Mortgage Trust 2006-3), Trust Agreement (LMT 2006-4)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator Trustee and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc2), Trust Agreement (Structured Asset Securities CORP 2007-Bc1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Fremont Home Loan Trust 2004-3), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable a Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special Servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related a Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.. 152
Appears in 1 contract
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.. 189
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Bc3)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the related Servicing Fee Rate.
Appears in 1 contract
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Mortgage Loan Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the related Servicing Fee Rate.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp. 2005-15)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp. 2005 S-3)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee, the Securities Administrator and any NIMS Insurer, a Special Servicer special servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer special servicer shall be paid by the Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer special servicer shall not exceed the Servicing Fee Rate.. 174
Appears in 1 contract
Samples: Trust Agreement (Sasco 2006-Bc4)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable a Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special Servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related a Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.. 141
Appears in 1 contract
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable a Servicing Agreement, the Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special Servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related a Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.. 146
Appears in 1 contract
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the Mortgage Loan Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee, a special servicer (the Securities Administrator and any NIMS Insurer, a “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the Mortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the related Servicing Fee Rate.
Appears in 1 contract
