Common use of Termination of Duties of the Back-Up Servicer Clause in Contracts

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen and (ii) the termination of Xxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Back-Up Servicer at any time.

Appears in 13 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (Home Equity Pass-Through Certificates Series 2003-8), Pooling and Servicing Agreement (CSFB Home Equity Pass-Through 2004-Aa1)

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Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Back-Up Servicer at any time.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-7), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-12), Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar7)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen Fairbanks and (ii) the termination of Xxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Back-Up Servicer at any time.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (CSFB Mort Sec Corp Mort Backed Pass THR Certs Ser 2003 Ar5), Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar6), Pooling and Servicing Agreement (CSFB Mortgage-Backed Pass-Through Certificates, Series 2004-Ar4)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Back-Up Servicer at any time.. ARTICLE VIII

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-5)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Wells Fargo as Back-Up Servicer by the SellerDLJMC. The Seller DLJMC may remove Xxxxx Fargo Wexxx Xargo as Back-Up Servicer at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-10)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Back-Up Servicer at any time.. -160-

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-3)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Wells Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo as Wells Farxx xx Back-Up Servicer at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-2)

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Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen and (ii) the termination of Xxxxx Fargo Bank, N.A. as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo Bank, N.A. as Back-Up Servicer at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Asset Trust 2005-3)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Wxxxx Fargo as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Wxxxx Fargo as Back-Up Servicer at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2005-6a)

Termination of Duties of the Back-Up Servicer. The rights and obligations of the Back-Up Servicer under this Agreement shall terminate upon the earlier of (i) the appointment of the Back-Up Servicer (or its affiliate) as successor Servicer to Ocwen SPS and (ii) the termination of Xxxxx Fargo Bank, N.A. as Back-Up Servicer by the Seller. The Seller may remove Xxxxx Fargo Bank, N.A. as Back-Up Servicer at any time.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Asset Trust 2005-2)

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