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.
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Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2003 Bc1), Reconstituted Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1)
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 Transfer Date, the Servicer Seller shall assign such Tax Service Contract to the Purchaser or the Purchaser’s 's designee. In the event that the Servicer Seller is unable to assign the Tax Service Contract to the Purchaser or the Purchaser’s 's designee, the Servicer Seller shall purchase a Tax Service Contract and assign the same to the Purchaser or the Purchaser’s 's designee.
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Samples: Assignment and Assumption Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a)
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 Transfer Date, the Servicer Seller shall assign such Tax Service Contract to the Purchaser or the Purchaser’s designee. In the event that the Servicer Seller is unable to assign the Tax Service Contract to the Purchaser or the Purchaser’s designee, the Servicer Seller shall purchase a Tax Service Contract and assign the same to the Purchaser or the Purchaser’s designee.
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Tax Service Contracts. With respect to each Servicing Released Mortgage Loan for which there is a tax service contract with an Approved Tax Service Contract Provider in effect on the related Termination Transfer Date, the Servicer shall assign such Tax Service Contract to the Purchaser or the Purchaser’s 's designee. In the event that the Servicer is unable to assign the Tax Service Contract to the Purchaser or the Purchaser’s 's designee, the Servicer shall purchase a Tax Service Contract and assign the same to the Purchaser or the Purchaser’s 's designee.
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