Common use of Successor Servicer to Act Clause in Contracts

Successor Servicer to Act. Appointment of Successor Servicer 40 Section 8.05. Notification Noteholders 40 Section 8.06. Effect of Transfer 41 Section 8.07. Database File 41 Section 8.08. Successor Servicer Indemnification 41 Section 8.09. Responsibilities of the Successor Servicer 41 Section 8.10. Limitation of Liability of Servicer 42 Section 8.11. Merger or Consolidation of Servicer 42 Section 8.12. Servicer Not to Resign 42 Section 8.13. Appointment of Subservicer 42 ARTICLE NINE REPORTS 43 Section 9.01. Monthly Reports 43 Section 9.02. Officer’s Certificate 43 Section 9.03. Other Data 43

Successor Servicer to Act. Appointment of Successor Servicer 40 45 Section 8.05. Notification Noteholders 40 46 Section 8.06. Effect of Transfer 41 46 Section 8.07. Database File 41 46 Section 8.08. Successor Servicer Indemnification 41 46 Section 8.09. Responsibilities of the Successor Servicer 41 47 Section 8.10. Limitation of Liability of Servicer 42 47 Section 8.11. Merger or Consolidation of Servicer 42 47 Section 8.12. Servicer Not to Resign 42 48 Section 8.13. Appointment of Subservicer 42 48 ARTICLE NINE REPORTS 43 48 Section 9.01. Monthly Reports 43 48 Section 9.02. Officer’s Certificate 43 48 Section 9.03. Other Data 4348

Successor Servicer to Act. Appointment of Successor Servicer 40 45 Section 8.05. Notification Noteholders 40 46 Section 8.06. Effect of Transfer 41 46 Section 8.07. Database File 41 46 Section 8.08. Successor Servicer Indemnification 41 46 Section 8.09. Responsibilities of the Successor Servicer 41 46 Section 8.10. Limitation of Liability of Servicer 42 47 Section 8.11. Merger or Consolidation of Servicer 42 47 Section 8.12. Servicer Not to Resign 42 47 Section 8.13. Appointment of Subservicer 42 48 ARTICLE NINE REPORTS 43 48 Section 9.01. Monthly Reports 43 48 Section 9.02. Officer’s Certificate 43 48 Section 9.03. Other Data 4348

Successor Servicer to Act. Appointment of Successor Servicer 40 47 Section 8.05. Notification Noteholders 40 47 Section 8.06. Effect of Transfer 41 47 Section 8.07. Database File 41 47 Section 8.08. Successor Servicer Indemnification 41 48 Section 8.09. Responsibilities of the Successor Servicer 41 48 Section 8.10. Limitation of Liability of Servicer 42 48 Section 8.11. Merger or Consolidation of Servicer 42 49 Section 8.12. Servicer Not to Resign 42 49 Section 8.13. Appointment of Subservicer 42 49 ARTICLE NINE REPORTS 43 49 Section 9.01. Monthly Reports 43 49 Section 9.02. Officer’s Certificate 43 49 Section 9.03. Other Data 4349

Successor Servicer to Act. Appointment of Successor Servicer 40 49 Section 8.05. Notification Noteholders 40 to Securityholders 50 Section 8.06. Effect of Transfer 41 50 Section 8.07. Database File 41 50 Section 8.08. Successor Servicer Indemnification 41 50 Section 8.09. Responsibilities of the Successor Servicer 41 50 Section 8.10. Limitation of Liability of Servicer 42 51 Section 8.11. Merger or Consolidation of Servicer 42 51 Section 8.12. Servicer Not to Resign 42 51 Section 8.13. Appointment of Subservicer 42 52 ARTICLE NINE Nine REPORTS 43 52 Section 9.01. Monthly Reports 43 52 Section 9.02. Officer’s Certificate 43 52 Section 9.03. Other Data 4352

Successor Servicer to Act. Appointment of Successor Servicer 40 45 Section 8.05. Notification Noteholders 40 to Securityholders 46 Section 8.06. Effect of Transfer 41 46 Section 8.07. Database File 41 46 Section 8.08. Successor Servicer Indemnification 41 46 Section 8.09. Responsibilities of the Successor Servicer 41 46 Section 8.10. Limitation of Liability of Servicer 42 47 Section 8.11. Merger or Consolidation of Servicer 42 47 Section 8.12. Servicer Not to Resign 42 47 Section 8.13. Appointment of Subservicer 42 48 ARTICLE NINE Nine REPORTS 43 48 Section 9.01. Monthly Reports 43 48 Section 9.02. Officer’s Certificate 43 48 Section 9.03. Other Data 4348

Successor Servicer to Act. Appointment of Successor Servicer 40 49 Section 8.05. Notification Noteholders 40 to Securityholders 50 Section 8.06. Effect of Transfer 41 50 Section 8.07. Database File 41 50 Section 8.08. Successor Servicer Indemnification 41 50 Section 8.09. Responsibilities of the Successor Servicer 41 50 Section 8.10. Limitation of Liability of Servicer 42 51 Section 8.11. Merger or Consolidation of Servicer 42 51 Section 8.12. Servicer Not to Resign 42 52 Section 8.13. Appointment of Subservicer 42 52 ARTICLE NINE Nine REPORTS 43 52 Section 9.01. Monthly Reports 43 52 Section 9.02. Officer’s Certificate 43 52 Section 9.03. Other Data 4352

Successor Servicer to Act. Appointment of Successor Servicer 40 52 Section 8.05. Notification Noteholders 40 to Securityholders 52 Section 8.06. Effect of Transfer 41 52 Section 8.07. Database File 41 52 Section 8.08. Successor Servicer Indemnification 41 53 Section 8.09. Responsibilities of the Successor Servicer 41 53 Section 8.10. Limitation of Liability of Servicer 42 53 Section 8.11. Merger or Consolidation of Servicer 42 54 Section 8.12. Servicer Not to Resign 42 54 Section 8.13. Appointment of Subservicer 42 54 ARTICLE NINE Nine REPORTS 43 54 Section 9.01. Monthly Reports 43 54 Section 9.02. Officer’s Certificate 43 54 Section 9.03. Other Data 4354

Successor Servicer to Act. Appointment of Successor Servicer 40 Section 8.05. Notification Noteholders 40 to Securityholders 41 Section 8.06. Effect of Transfer 41 Section 8.07. Database File 41 Section 8.08. Successor Servicer Indemnification 41 Section 8.09. Responsibilities of the Successor Servicer 41 42 Section 8.10. Limitation of Liability of Servicer 42 Section 8.11. Merger or Consolidation of Servicer 42 Section 8.12. Servicer Not to Resign 42 43 Section 8.13. Appointment of Subservicer 42 43 ARTICLE NINE REPORTS 43 Section 9.01. Monthly Reports 43 Section 9.02. Officer’s Certificate 43 Section 9.03. Other Data 43

Successor Servicer to Act. Appointment of Successor Servicer 40 Section 8.05. Notification Noteholders 40 to Securityholders 41 Section 8.06. Effect of Transfer 41 Section 8.07. Database File 41 Section 8.08. Successor Servicer Indemnification 41 Section 8.09. Responsibilities of the Successor Servicer 41 42 Section 8.10. Limitation of Liability of Servicer 42 Section 8.11. Merger or Consolidation of Servicer 42 Section 8.12. Servicer Not to Resign 42 43 Section 8.13. Appointment of Subservicer 42 43 ARTICLE NINE Nine REPORTS 43 Section 9.01. Monthly Reports 43 Section 9.02. Officer’s Certificate 43 Section 9.03. Other Data 43

Successor Servicer to Act. Appointment of Successor Servicer 40 Section 8.05. Notification to Noteholders 40 41 Section 8.06. Effect of Transfer 41 Section 8.07. Database File 41 Section 8.08. Successor Servicer Indemnification 41 Section 8.09. Responsibilities of the Successor Servicer 41 42 Section 8.10. Limitation of Liability of Servicer 42 Section 8.11. Merger or Consolidation of Servicer 42 Section 8.12. Servicer Not to Resign 42 43 Section 8.13. Appointment of Subservicer 42 43 ARTICLE NINE REPORTS 43 Section 9.01. Monthly Reports 43 Section 9.02. Officer’s Certificate 43 Section 9.03. Other Data 43