Common use of Subservicer Default Clause in Contracts

Subservicer Default. If any one of the following events (a “Subservicer Default”) shall occur and be continuing:

Appears in 10 contracts

Samples: Subservicing Agreement (SLC Student Loan Trust 2010-1), Subservicing Agreement (SLC Student Loan Receivables I Inc), Subservicing Agreement (SLC Student Loan Trust 2007-2)

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Subservicer Default. If any one of the following events (a "Subservicer Default") shall occur and be continuing:

Appears in 9 contracts

Samples: Subservicing Agreement (SLC Student Loan Trust 2010-1), Subservicing Agreement (SLC Student Loan Trust 2005-2), Subservicing Agreement (SLC Student Loan Trust 2006-2)

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Subservicer Default. If any one Each of the following events (shall constitute a "Subservicer Default”) shall occur and be continuing" hereunder:

Appears in 6 contracts

Samples: Subservicing Agreement (Morgan Stanley Capital I Trust 2006-Hq8), Subservicing Agreement (Morgan Stanley Capital I Trust 2007-Iq14), Primary Servicing Agreement (Morgan Stanley Capital I Trust 2007-Iq15)

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