Termination of Special Sub-Servicer for Default. (a) The Company shall have the right, immediately upon written notice, to terminate the Special Sub-Servicer's right and obligation to sub-service all of the Specially Serviced Mortgage Loans hereunder in the event (each such event, an "Event of Default") of:
Appears in 6 contracts
Samples: Special Sub Servicing Agreement (Alternative Loan Trust 2006-27cb), Special Sub Servicing Agreement (Cwalt Inc), Special Sub Servicing Agreement (Alternative Loan Trust 2006-36t2)
Termination of Special Sub-Servicer for Default. (a) The Company shall have the right, immediately upon written notice, to terminate the Special Sub-Servicer's ’s right and obligation to sub-service all of the Specially Serviced Mortgage Loans hereunder of a Series in the event (each such event, an "“Event of Default"”) of:
Appears in 1 contract
Samples: Special Sub Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-Bc1)
Termination of Special Sub-Servicer for Default. (a) The Company shall have the right, immediately upon written notice, to terminate the Special Sub-Servicer's right and obligation to sub-service all of the Specially Serviced Mortgage Loans hereunder of a Series in the event (each such event, an "Event of Default") of:
Appears in 1 contract
Samples: Special Sub Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-1)