Common use of Termination of a Material Clause in Contracts

Termination of a Material. All parties to the Pooling and Definitive Agreement Servicing Agreement, each Servicer, the Custodian and, if applicable, the Special Servicer, as to each agreement to which it is a party Item 1.03- Bankruptcy or Receivership (i) Depositor, as to itself, the sponsor, any 1100(d)(1) party, any significant obligor, any credit enhancement provider or derivative counterparty and any other transaction party, to the extent known to the Depositor, (ii) Trustee, as to itself, (iii) each Servicer as to itself, (iv) Master Servicer, as to itself and any other transaction party, to the extent known to the Master Servicer Item 2.04- Triggering Events that Master Servicer Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Item 3.03- Material Modification to Master Servicer Rights of Security Holders Item 5.03- Amendments of Articles of Master Servicer Incorporation or Bylaws; Change of Fiscal Year Item 6.01- ABS Informational and Depositor Computational Material Item 6.02- Change of Servicer or Servicer, Master Servicer Master Servicer Item 6.03- Change in Credit Depositor/Master Servicer Enhancement or External Support Item 6.04- Failure to Make a Required Master Servicer Distribution Item 6.05- Securities Act Updating Depositor Disclosure

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar2 Trust), Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-Ar4 Trust), Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-18 Trust)

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Termination of a Material. Definitive All parties to the Pooling and Definitive Servicing Agreement Servicing Agreement, each Servicer, the Custodian and, if applicable, the Special Servicer, as to each agreement to which it is a party Item 1.03- Bankruptcy or Receivership (i) Depositor, as to itself, the sponsor, any 1100(d)(1) party, any significant obligor, any credit enhancement provider or derivative counterparty and any other transaction party, to the extent known to the Depositor, (ii) Trustee, as to itself, (iii) each Servicer as to itself, (iv) Master Servicer, as to itself and any other transaction party, to the extent known to the Master Servicer Item 2.04- Triggering Events that Accelerate or Master Servicer Accelerate or Increase a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement Item 3.03- Material Modification to Rights of Master Servicer Rights of Security Holders Item 5.03- Amendments of Articles of Incorporation Master Servicer Incorporation or Bylaws; Change of Fiscal Year Item 6.01- ABS Informational and Computational Depositor Computational Material Item 6.02- Change of Servicer or Master Servicer Servicer, Master Servicer Master Servicer Item 6.03- Change in Credit Enhancement or External Depositor/Master Servicer Enhancement or External Support Item 6.04- Failure to Make a Required Distribution Master Servicer Distribution Item 6.05- Securities Act Updating Depositor DisclosureDisclosure Depositor

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Wells Fargo Mortgage Backed Securities 2007-6 Trust), Pooling and Servicing Agreement (Wells Fargo Alternative Loan 2007-Pa2 Trust)

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