Termination of the Master Servicer. Notwithstanding anything this Agreement to the contrary, the Certificate Insurer may terminate the Master Servicer at such time as permitted under any separate agreements between them so long as no Certificate Insurer Default has occurred and is continuing.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Pooling and Servicing Agreement (United Panam Financial Corp)
Termination of the Master Servicer. Notwithstanding anything in this Agreement to the contraryAgreement, the Certificate Insurer may terminate the Master Servicer at such time as is permitted under any separate agreements between them among the Certificate Insurer, the Master Servicer and the Trustee, so long as no Certificate Insurer Default has occurred and is continuing.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Salomon Bros Mort Sec Vii Inc Ast Bk Fl Rte Cer Se 1996-5a), Pooling and Servicing Agreement (Salomon Bro Mort Sec Vii Inc as Bk Fix & Fl Rte Ce Se 1996-8)
Termination of the Master Servicer. Notwithstanding anything in this Agreement to the contrary, the Certificate Insurer may terminate the Master Servicer at such time as permitted under any separate agreements between them (including the occurrence of an "Event of Default" under the Insurance Agreement) so long as no Certificate Insurer Default has occurred and is continuing.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities Inc)
