Common use of Transfer of Servicing for Certain Mortgage Loans Clause in Contracts

Transfer of Servicing for Certain Mortgage Loans. Prior to the Servicing Transfer Date, the Depositor shall use reasonable efforts to cause New Century to comply with each of the servicing transfer requirements set forth in the New Century Servicing Agreement and in accordance with customary industry procedures.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He4), Mortgage Loan Purchase and Warranties Agreement (Morgan Stanley ABS Capital I Inc. Trust 2006-He4)

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Transfer of Servicing for Certain Mortgage Loans. Prior to the Servicing Transfer Date, the Depositor shall use reasonable efforts to cause New Century to comply with each of the servicing transfer requirements set forth in the New Century Interim Servicing Agreement and in accordance with customary industry procedures.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-Nc2), Pooling and Servicing Agreement (Morgan Stanley Capital I Inc. Trust 2006-Nc2)

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