Common use of Special Sub-Servicing Agreement; Specially Sub-Serviced Series Clause in Contracts

Special Sub-Servicing Agreement; Specially Sub-Serviced Series. (a) Upon its execution by the parties, this Agreement shall supercede and otherwise replace the Special Sub-Servicing Agreement. The parties agree and acknowledge that the Series identified in Exhibit A hereto represent all of the Series that are currently subject to the Special Sub-Servicing Agreement and that, upon the execution of this Agreement, such Series shall be sub-serviced by the Special Sub-Servicer in accordance with the terms and conditions set forth in this Agreement. Notwithstanding the foregoing, no additional Delinquent Mortgage Loans or Specially Serviced Mortgage Loans for the Series identified in Exhibit B hereto shall be transferred to and sub-serviced by the Special Sub-Servicer subsequent to the date of this Agreement unless, however, the Class B Holder purchases Additional Purchased Securities for such Series and the conditions of Section 6.02

Appears in 6 contracts

Samples: Special Sub Servicing Agreement (Alternative Loan Trust 2006-36t2), Special Sub Servicing Agreement (Alternative Loan Trust 2006-33cb), Special Sub Servicing Agreement (Cwalt Inc)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!