Tax Service Contracts. Unless otherwise agreed upon by the Seller and the Purchaser, each Mortgage Loan is covered by a life of loan, transferable real estate tax service contract assignable to the Purchaser.
Tax Service Contracts. The Seller shall, at its own expense, cause each Mortgage Loan to be covered by a “life of loan” Tax Service Contract which is assignable to the Purchaser or its designee at no cost to the Purchaser or its designee; provided however, that if the Seller fails to purchase such Tax Service Contract, the Seller shall be required to reimburse the Purchaser for all costs and expenses incurred by the Purchaser in connection with the purchase of any such Tax Service Contract;
Tax Service Contracts. In the event that a Mortgage Loan is not subject to a fully assignable life of loan tax servicer contract with Fidelity National Real Estate Tax Service which is assignable to the Servicer or any subsequent Servicer without the payment of any cost or fee, the Servicer shall acquire a tax service contract for any such Mortgage Loan. The Servicer shall deliver an invoice to the Owner with respect to the costs of acquiring such tax service contracts, and Owner shall remit the cost of such tax service contracts to the Servicer within ten business days of receipt of invoice.
Tax Service Contracts. The Company shall have obtained a life of loan, transferable real estate tax service contract with a tax service company reasonably acceptable to the Purchaser on all of the Mortgage Loans and shall assign all such contracts to the Purchaser or, in the alternative, the Company shall notify the Purchaser as to any Mortgage Loans for which it has not procured the requisite contract and shall pay to the Purchaser a fee for each such Mortgage Loan equal to the fee or premium that is customarily charged for each such contract, as determined by the Purchaser in its reasonable discretion;
Tax Service Contracts. With respect to each Mortgage Loan, the Servicer has obtained a life of loan, transferable real estate Tax Service Contract with an Approved Tax Service Contract Provider, and to the extent this Agreement is terminated pursuant to Article IX hereof, such Tax Service Contract is assignable to the Owner or the Owner's designee.
Tax Service Contracts. The Seller shall, at its own expense, cause each Mortgage Loan to be covered by a “life of loan” Tax Service Contract;
Tax Service Contracts. In the event that a Mortgage Loan is not subject to a fully assignable life of loan tax service contract issued by a tax service contract provider listed on Exhibit G attached hereto which is assignable to the Servicer or any subsequent Servicer without the payment of any cost or fee, the Servicer shall acquire a tax service contract for any such Mortgage Loan at a cost set forth in the Fee Letter. The Servicer shall deliver an invoice on a monthly basis to the Owner with respect to the costs of acquiring any tax service contracts and shall deduct the cost of such tax service contracts from amounts deposited in the Custodial Account.
Tax Service Contracts. With respect to each Mortgage Loan for which there is a tax service contract with an Approved Tax Service Contract Provider in effect on the related Termination Date, the Servicer shall assign such Tax Service Contract to the Purchaser or the Purchaser’s designee. In the event that the Servicer is unable to assign the Tax Service Contract to the Purchaser or the Purchaser’s designee, the Servicer shall purchase a Tax Service Contract and assign the same to the Purchaser or the Purchaser’s designee.
Tax Service Contracts. Upon the request of Buyer, or automatically in the case of any Purchased Mortgage Loan subject to a Transaction hereunder for more than 120 days, Seller shall obtain tax service contracts with respect to each such Purchased Mortgage Loan.
Tax Service Contracts. The Seller shall have obtained a life of --------------------- loan, transferable real estate tax service contract with a tax service company reasonably acceptable to the Purchaser on all of the Mortgage Loans and shall assign all such contracts to the Purchaser or, in the alternative, the Seller -- shall notify the Purchaser as to any Mortgage Loans for which it has not procured the requisite contract and shall pay to the Purchaser a fee of twenty- five dollars ($25.00) for each such Mortgage Loan;
