Examples of Class A-2 Certificate Insurer in a sentence
The Servicer shall, within a reasonable period of time, give notice to the Trustee and the Class A-2 Certificate Insurer of any such Subservicing Agreement.
The Servicer shall deliver to the Trustee, the Class A-2 Certificate Insurer and the Depositor copies of all Subservicing Agreements, and any amendments or modifications thereof, promptly upon the Servicer's execution and delivery of such instruments.
The Trustee and the Servicer shall cooperate in all respects with any reasonable request by the Class A-2 Certificate Insurer for action to preserve or enforce the Class A-2 Certificate Insurer's rights or interests under this Agreement without limiting the rights or affecting the interests of the Holders as otherwise set forth herein.
The Trustee will provide the above statement via the Trustee's internet website, except that the Trustee shall deliver a hard copy of such statement to the Class A-2 Certificate Insurer on each Distribution Date.
Any out-of-pocket expense of the Servicer incident to the exercise by the Depositor, the Class A-2 Certificate Insurer or the Trustee of any right under this Section 10.09 shall be borne by the Servicer.
Unless a Class A-2 Certificate Insurer Default exists, the Servicer shall not terminate any Subservicing Agreement without the prior written consent of the Class A-2 Certificate Insurer.
Notwithstanding the foregoing, any amendment to this Agreement shall require the prior written consent of the Class A-2 Certificate Insurer if such amendment adversely affects in any respect the rights or interest of the Class A-2 Certificate Insurer or of the Class A-2 Certificateholders (without regard to the Class A-2 Certificate Insurance Policy).
It is understood and agreed that the obligation of the Responsible Party under this Agreement to cure or repurchase any Mortgage Loan as to which a breach has occurred and is continuing shall constitute the sole remedy against such Persons respecting such breach available to Certificateholders, the Depositor, the Class A-2 Certificate Insurer or the Trustee on their behalf.
Any right conferred to Class A-2 Certificate Insurer shall be suspended during any period in which a Class A-2 Certificate Insurer Default exists.
The Trustee agrees to hold the Trust Fund and exercise the rights referred to above for the benefit of all present and future Holders of the Certificates and for the benefit of the Class A-2 Certificate Insurer (and all references in this Agreement for the benefit of or actions on behalf of the Class A-2 Certificateholders shall be deemed to include the Class A-2 Certificate Insurer).