Tax Service Contracts and Initial Flood Certifications. To the extent required by Applicable Requirements, each Primary Mortgage Loan has, and at all times during which Seller has serviced such Primary Mortgage Loan has had, a valid tax service contract with an Investor-approved tax service provider. To the extent required by Applicable Requirements, each Primary Mortgage Loan has, and at all times during which Seller has serviced such Primary Mortgage Loans has had, a valid flood certification contract with an Investor-approved flood certification provider. Each Primary Mortgage Loan has had a flood zone determination conducted in compliance with the Applicable Requirements. Except as set forth on Schedule 4.12.17, each such tax service and flood certification contract is transferable to the Purchaser as a fully paid, transferable, life of the loan tax service contract or flood certification contract.
Tax Service Contracts and Initial Flood Certifications. As of the Sale Date and Servicing Transfer Date, all of the Mortgage Loans have, and at all relevant times have had, a valid, fully paid, fully transferable, life-of-loan (i) tax service contract with Corelogic Tax Services, LLC and (b) flood certification contract with ServiceLink Flood Services or CoreLogic Flood Services. As of the Sale Date and Servicing Transfer Date, each Mortgage Loan has had a flood zone determination conducted in compliance with Applicable Requirements and such determination is contained in the appropriate Mortgage File. As of the Sale Date and Servicing Transfer Date, each such tax service and flood certification contract is transferable to the Purchaser as a fully paid, fully transferable, life-of-loan tax service contract or flood certification contract.
Tax Service Contracts and Initial Flood Certifications. As of the Servicng Transfer Date, all of the Mortgage Loans have a valid, fully paid, fully transferable, life-of-loan tax service contract with CoreLogic and flood certification contract with CoreLogic or ServiceLink. Each Mortgage Loan has had a flood zone determination conducted in compliance with Applicable Requirements and such determination is contained in the appropriate Mortgage File. Each such tax service and flood certification contract is transferable to the Purchaser as a fully paid, fully transferable, life-of-loan tax service contract or flood certification contract.
Tax Service Contracts and Initial Flood Certifications. All of the Mortgage Loans have, and at all relevant times have had, a valid, fully paid, fully transferable, life-of-loan (i) tax service contract with Corelogic Tax Services, LLC and (b) flood certification contract with ServiceLink Flood Services or CoreLogic Flood Services. Each Mortgage Loan has had a flood zone determination conducted in compliance with Applicable Requirements and such determination is contained in the appropriate Mortgage File. Each such tax service and flood certification contract is transferable to the Purchaser as a fully paid, fully transferable, life-of-loan tax service contract or flood certification contract.
Tax Service Contracts and Initial Flood Certifications. As of the applicable Sale Date and at all relevant times prior to the applicable Transfer Date, all of the Mortgage Loans have a valid tax service contract and flood certification contract. As of the Transfer Date, all of the Mortgage Loans will have a valid, fully paid, transferable, life of the loan tax service contract with CoreLogic, Inc. or the Seller shall promptly reimburse the Purchaser for the actual out-of-pocket cost of obtaining such a tax service contract; provided, however, that such reimbursement to the Purchaser shall be capped at $75 per loan. As of the Transfer Date, all of the Mortgage Loans will have a valid, fully paid, transferable, life of the loan flood certification contract with CoreLogic, Inc. or the Seller shall promptly reimburse the Purchaser for the actual out-of-pocket cost of obtaining such a flood certification contract; provided, however, that such reimbursement to the Purchaser shall be capped at $6 per loan. Each Mortgage Loan has had a flood zone determination conducted in compliance with the Applicable Requirements and such determination is contained in the appropriate Mortgage File. Each such tax service and flood certification contract is transferable to the Purchaser as a fully paid, transferable, life of the loan tax service contract or flood certification contract. The Seller shall provide to the Purchaser or its Subservicer all information necessary obtain new tax servicing contracts or flood certification contracts required pursuant to this Section 4.12.24 and such information shall be accurate and complete. The Seller shall undertake all obligations under this Section 4.12.24 at its sole cost and expense, and the Seller shall be solely responsible for any direct costs, expenses and fees (including, without limitation, any and all transfer fees and charges, and incremental costs, expenses and fees) incurred by the Purchaser in connection with the aforementioned tax service and flood zone certification contracts, subject to the reimbursement limitations set forth above. The Parties shall use their reasonable best efforts to minimize the costs associated with the transfer between vendors of any such tax service and flood certification contracts.
