Common use of Termination Upon Purchase by the Servicer or Liquidation of All Mortgage Loans Clause in Contracts

Termination Upon Purchase by the Servicer or Liquidation of All Mortgage Loans. The respective obligations and responsibilities of the Servicer and the Company created hereby shall terminate upon the last action required to be taken by the Issuer pursuant to the Trust Agreement and by the Indenture Trustee pursuant to the Indenture following the earlier of:

Appears in 29 contracts

Samples: Servicing Agreement (Long Beach Securities Corp), Servicing Agreement (National City Mortgage Capital LLC), Servicing Agreement (Argent Securities Inc)

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Termination Upon Purchase by the Servicer or Liquidation of All Mortgage Loans. The respective obligations and responsibilities of the Servicer and the Company Depositor created hereby shall terminate upon the last action required to be taken by the Issuer Issuing Entity pursuant to the Trust Agreement and by the Indenture Trustee pursuant to the Indenture following the earlier of:

Appears in 5 contracts

Samples: Servicing Agreement (Structured Asset Mortgage Investments Ii Inc), Servicing Agreement (MILA Mortgage Acceptance, Inc.), Servicing Agreement (American Home Mortgage Assets LLC)

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Termination Upon Purchase by the Servicer or Liquidation of All Mortgage Loans. The respective obligations and responsibilities of the Servicer and the Company Depositor created hereby shall terminate upon the last action required to be taken by the Issuer pursuant to the Trust Agreement and by the Indenture Trustee pursuant to the Indenture following the earlier of:

Appears in 1 contract

Samples: Servicing Agreement (Structured Asset Mortgage Investments Ii Inc)

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