Common use of Transfer of Custodial Files Upon Termination Clause in Contracts

Transfer of Custodial Files Upon Termination. If the Custodian is furnished written evidence from the Trustee or the Master Servicer that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the Trustee or the Master Servicer, as applicable, and, if requested by the Custodian, receipt of proof satisfactory to the Custodian of the ownership of the Mortgage Loans, the Custodian shall release to such persons as the Purchaser shall designate the Custodial Files relating to such Mortgage Loans, and shall assign the Mortgages and endorse the Mortgage Notes as the Purchaser shall request at the Trust's expense.

Transfer of Custodial Files Upon Termination. If the Custodian is furnished written evidence from the Trustee or the Master Servicer that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the Trustee or the Master Servicer, as applicable, and, if requested upon receipt by the Custodian, receipt of proof satisfactory to the Custodian of the ownership of the Mortgage LoansLoans and receipt of Exhibit 3, the Custodian shall release to such persons as the Purchaser shall designate the Custodial Files relating to such Mortgage Loans, and shall assign the Mortgages and endorse the Mortgage Notes as the Purchaser shall request at the Trust's ’s expense.

Transfer of Custodial Files Upon Termination. If the Custodian is furnished written evidence from the Trustee or the Master Servicer that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the Trustee or the Master Servicer, as applicable, and, if requested by the Custodian, receipt of proof satisfactory to the Custodian of the ownership of the Mortgage Loans, the Custodian shall release to such persons as the Purchaser shall designate the Custodial Files relating to such Mortgage Loans, and shall assign the Mortgages and endorse the Mortgage Notes as the Purchaser shall request at the Trust's ’s expense.