Common use of Trust Fund and Accounts Held for Benefit of the Certificate Insurer Clause in Contracts

Trust Fund and Accounts Held for Benefit of the Certificate Insurer. The Trustee or the Trust Administrator on the Trustee's behalf shall hold the Trust Fund and the Mortgage Files for the benefit of the Certificateholders and the Certificate Insurer and all references in this Agreement (including, without limitation, in Sections 2.02 and 2.03) and in the Certificates to the benefit of Holders of the Certificates shall be deemed to include the Certificate Insurer. Each of the Trustee and the Trust Administrator shall cooperate in all reasonable respects with any reasonable request by the Certificate Insurer for action to preserve or enforce the Certificate Insurer's rights or interests under this Agreement and the Certificates. The Servicer hereby acknowledges and agrees that it shall service and administer the Mortgage Loans and any REO Properties, and shall maintain the Collection Account and any REO Account, for the benefit of the Certificateholders and for the benefit of the Certificate Insurer, and all references in this Agreement (including, without limitation, in Sections 3.01 and 3.10) to the benefit of or actions on behalf of the Certificateholders shall be deemed to include the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, the Servicer shall not terminate any Sub-Servicing Agreements without cause without the prior consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, neither the Servicer nor the Depositor shall undertake any litigation pursuant to Section 6.03 (other than litigation to enforce their respective rights hereunder) without the prior consent of the Certificate Insurer. The Trustee, the Trust Administrator and the Servicer shall provide such information as may be reasonably requested by, and shall otherwise cooperate with all reasonable requests of the Certificate Insurer with respect to the Mortgage Loans or the Certificates; provided that such information is within the control of or reasonably accessible to such party without undue expense. 104

Trust Fund and Accounts Held for Benefit of the Certificate Insurer. The Trustee or the Trust Administrator on the Trustee's behalf shall hold the Trust Fund and the Mortgage Files for the benefit of the Certificateholders and the Certificate Insurer and all references in this Agreement (including, without limitation, in Sections 2.02 2.01 and 2.032.02) and in the Certificates to the benefit of Holders of the Certificates shall be deemed to include the 106 Certificate Insurer. Each of the The Trustee and the Trust Administrator shall cooperate in all reasonable respects with any reasonable request by the Certificate Insurer for action to preserve or enforce the Certificate Insurer's rights or interests under this Agreement and the Certificates. The Servicer hereby acknowledges and agrees that it shall service and administer the Mortgage Loans and any REO Properties, and shall maintain the Collection Account and any REO Account, for the benefit of the Certificateholders and for the benefit of the Certificate Insurer, and all references in this Agreement (including, without limitation, in Sections 3.01 and 3.10) to the benefit of or actions on behalf of the Certificateholders shall be deemed to include the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, the Servicer shall not terminate any Sub-Servicing Agreements without cause without the prior consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, neither the Servicer nor the Depositor shall undertake any litigation pursuant to Section 6.03 (other than litigation to enforce their respective rights hereunder) without the prior consent of the Certificate Insurer. The Trustee, the Trust Administrator Trustee and the Servicer shall provide such information as may be reasonably requested by, and shall otherwise cooperate with all reasonable requests of the Certificate Insurer with respect to the Mortgage Loans or the Certificates; provided that such information is within the control of or reasonably accessible to such party without undue expense. 104.

Trust Fund and Accounts Held for Benefit of the Certificate Insurer. The Trustee or the Trust Administrator on the Trustee's behalf shall hold the Trust Fund and the Trustee shall hold (or cause the Custodian to hold) the Mortgage Files for the benefit of the Certificateholders and the Certificate Insurer and all references in this Agreement (including, without limitation, in Sections 2.02 2.01 and 2.032.02) and in the Certificates to the benefit of Holders of the Certificates shall be deemed to include the Certificate Insurer. Each of the The Trustee and the Trust Administrator shall cooperate in all reasonable respects with any reasonable request by the Certificate Insurer for action to preserve or enforce the Certificate Insurer's rights or interests under this Agreement and the Certificates. The Master Servicer hereby acknowledges and agrees that it shall service and administer the Mortgage Loans and any REO Properties, and shall maintain the Collection Account and any REO Account, for the benefit of the Certificateholders and for the benefit of the Certificate Insurer, and all references in this Agreement (including, without limitation, in Sections 3.01 and 3.10) to the benefit of or actions on behalf of the Certificateholders shall be deemed to include the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, the Master Servicer shall not terminate any Sub-Servicing Agreements without cause without the prior consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, neither the Master Servicer nor the Depositor shall undertake any litigation pursuant to Section 6.03 (other than litigation to enforce their respective rights or defend themselves hereunder) without the prior consent of the Certificate Insurer. The Trustee, the Trust Administrator and the Servicer shall provide such information as may be reasonably requested by, and shall otherwise cooperate with all reasonable requests of the Certificate Insurer with respect to the Mortgage Loans or the Certificates; provided that such information is within the control of or reasonably accessible to such party without undue expense. 104.

Trust Fund and Accounts Held for Benefit of the Certificate Insurer. The Trustee or the Trust Administrator on the Trustee's behalf shall hold the Trust Fund and the Mortgage Files for the benefit of the Certificateholders and the Certificate Insurer and all references in this Agreement (including, without limitation, in Sections 2.02 2.01 and 2.032.02) and in the Certificates to the benefit of Holders of the Certificates shall be deemed to include the Certificate Insurer. Each of the The Trustee and the Trust Administrator shall cooperate in all reasonable respects with any reasonable request by the Certificate Insurer for action to preserve or enforce the Certificate Insurer's rights or interests under this Agreement and the Certificates. The Servicer hereby acknowledges and agrees that it shall service and administer the Mortgage Loans and any REO Properties, and shall maintain the Collection Account and any REO Account, for the benefit of the Certificateholders and for the benefit of the Certificate Insurer, and all references in this Agreement (including, without limitation, in Sections 3.01 and 3.10) to the benefit of or actions on behalf of the Certificateholders shall be deemed to include the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, the Servicer shall not terminate any Sub-Servicing Agreements without cause without the prior consent of the Certificate Insurer. Unless a Certificate Insurer Default has occurred and is continuing, neither the Servicer nor the Depositor shall undertake any litigation pursuant to Section 6.03 (other than litigation to enforce their respective rights hereunder) without the prior consent of the Certificate Insurer. The Trustee, the Trust Administrator Trustee and the Servicer shall provide such information as may be reasonably requested by, and shall otherwise cooperate with all reasonable requests of the Certificate Insurer with respect to the Mortgage Loans or the Certificates; provided that such information is within the control of or reasonably accessible to such party without undue expense. 104.