Common use of Termination of Special Servicer for Default Clause in Contracts

Termination of Special Servicer for Default. The Company shall have the right, immediately upon written notice, to terminate the Special Servicer's right and obligation to subservice all of the Specially Serviced Mortgage Loans hereunder in the event (each such event, an "Event of Default") of:

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-4), Pooling and Servicing Agreement (Abn Amro Mort Sec Multi Class Mort PSTHR Certs Ser 2003-13), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2001-2)

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Termination of Special Servicer for Default. The Company shall have the right, immediately upon written notice, to terminate the Special Servicer's right and obligation to subservice all of the Specially Serviced Mortgage Loans hereunder in the event (each such event, an "Event of DefaultEVENT OF DEFAULT") of:

Appears in 6 contracts

Samples: Pooling and Servicing Agreement (Abn Amro Mortgage Corp Muilti Cl Mort Ps THR CRTS Ser 2003-8), Pooling and Servicing Agreement (Abn Amro Mortgage Corp), Pooling and Servicing Agreement (Abn Amro Mortgage Corp Series 2002-1a)

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