Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any Servicing Agreement, the Seller may appoint, pursuant to the terms of such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 7 contracts
Samples: Trust Agreement (Lehman XS Trust Series 2006-Gp2), Trust Agreement (Lehman XS Trust Series 2006-4n), Custodial Agreement (Lehman XS Trust Series 2007-20n)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the Servicing Agreement, the Seller may appoint, pursuant to the terms of such the Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 6 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 39ex), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Ff3), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Ff3)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any Servicing Agreement, the Seller may appoint, pursuant to the terms of such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable General Servicing Fee Rate.
Appears in 5 contracts
Samples: Trust Agreement (Lehman XS Trust Series 2006-Gp4), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar4), Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar6)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of such the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the 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. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 4 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc1), Trust Agreement (Encore Credit Corp Mortgage Pass Through Certs Ser 2003-1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the Servicing Agreement, the Seller may appoint, pursuant to the terms of such the Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee Trustee, the Trust Administrator and the 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. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 3 contracts
Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (NYMT Securities CORP)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of such the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the 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. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 3 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Am1), Trust Agreement (Structured Adjustable Rate Mortgage), Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2001-Bc5)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the Servicing Agreement, the Seller may appoint, pursuant to the terms of such the Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the applicable Servicing Agreement, the related Seller may appoint, pursuant to the terms of such the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee and the 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 related Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Amoritizing Residential Col Tr Mor Pas Thru Cer Ser 2002-Bc6)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of such the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the 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. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 2 contracts
Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc4), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-Bc3)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the Servicing Agreement, the Seller may appoint, pursuant to the terms of such the Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any the Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 2 contracts
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Series 2003 Bc3), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003-Bc2)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the applicable Servicing Agreement, the Seller may appoint, pursuant to the terms of such the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee Servicer and the NIMS InsurerTrustee, a Special Servicer to special service any Distressed Mortgage LoansLoans which are more than 90 days delinquent. 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. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Pas THR Ce Se 2001-Bc3)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any Servicing Agreement, the Seller may appoint, pursuant to the terms of such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.. 153
Appears in 1 contract
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the related Servicing Agreement, the Seller may appoint, pursuant to the terms of such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of any the Servicing Agreement, the Seller may appoint, pursuant to the terms of such the Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and the NIMS InsurerGuarantor, a Special Servicer to special service any Distressed Mortgage LoansLoans which are more than 90 days delinquent. Any applicable Termination Fee related to the termination of the Servicer and the appointment of any Special Servicer shall be paid by the Seller. Any fees paid to any such Special Servicer shall not exceed the applicable Servicing Fee Rate.
Appears in 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Sr 2001-Bc4)
