Transfer of Custodial Files Upon Termination. If the Custodian is notified by the Owner that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the Owner, the Custodian shall release to such Persons as the Owner shall designate the Custodial Files relating to such Mortgage Loans as the Owner shall request, and shall assign the Mortgages and endorse the Mortgage Notes in its possession as the Owner shall request.
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Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Structured Asset Securities Corp), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 24a), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2003-6a)
Transfer of Custodial Files Upon Termination. If the Custodian is notified by the Owner Purchaser in writing that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the OwnerPurchaser, the Custodian shall release to such Persons as the Owner Purchaser shall designate the Custodial Files relating to such Mortgage Loans as the Owner Purchaser shall request, and shall assign the Mortgages and endorse the Mortgage Notes in its possession as the Owner Purchaser shall request.
Appears in 2 contracts
Samples: Flow Mortgage Loan Sale and Servicing Agreement (GSR Mortgage Loan Trust 2006-9f), Flow Mortgage Loan Sale and Servicing Agreement (GSR Mortgage Loan Trust 2006-10f)
Transfer of Custodial Files Upon Termination. If the Custodian is notified by furnished with written notice from the Owner Purchaser that the Servicing Agreement has been terminated as to any or all of the Mortgage Loans, upon written request of the OwnerPurchaser, the Custodian shall release to such Persons persons as the Owner Purchaser shall designate designate, the Custodial Files relating to such Mortgage Loans as the Owner Purchaser shall request, and shall assign the Mortgages and endorse the Mortgage Notes in its possession as directed by the Owner shall requestPurchaser.
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