Common use of Administration and Servicing of the Trust Fund Clause in Contracts

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Servicers.....................................................40 SECTION 3.03. Successor Sub-Servicers.......................................41 SECTION 3.04. Liability of the Master Servicer..............................41 SECTION 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION 3.08. Sub-Servicing Accounts........................................42 SECTION 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION 3.10.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (MortgageIT Securities Corp.), Pooling and Servicing Agreement (MortgageIT Securities Corp.)

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Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ............................................... 38 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ...................... 39 3.03. Successor Sub-Servicers.......................................41 SECTION ................................ 40 3.04. Liability of the Master Servicer..............................41 SECTION ....................... 40 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.............................................................................. 41 SECTION 3.06. Assumption or Termination of Sub-Sub- Servicing Agreements by Trustee.......................................................42 SECTION ........................ 41 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............................................... 41 3.08. Sub-Servicing Accounts......................................................................... 42 SECTION 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...................... 42 3.10.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp Mort Pass Thro Cer Ser 1996-Q2), Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp Mort Pass THR Cert Ser 1996-Qe3)

Administration and Servicing of the Trust Fund. SECTION 57 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ......................................................57 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION .............................58 3.03. Successor Sub-Servicers.......................................41 SECTION ........................................................................60 3.04. Liability of the Master Servicer..............................41 SECTION ...............................................................60 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .............................................................................60 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...............................61 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ...................................................61 3.08. Sub-Servicing Accounts........................................42 SECTION .........................................................................62 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .........................63 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ................. 30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ............................................. 31 3.03. Successor Sub-Servicers.......................................41 SECTION ................................... 32 3.04. Liability of the Master Servicer..............................41 SECTION .......................... 32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ............................. 32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ................................................... 32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION .............. 33 3.08. Sub-Servicing Accounts........................................42 SECTION .................................... 33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ........................................ 34 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (WMC Secured Assets Corp)

Administration and Servicing of the Trust Fund. SECTION 68 Section 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ......................................................68 Section 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION .............................70 Section 3.03. Successor Sub-Servicers.......................................41 SECTION ........................................................................71 Section 3.04. Liability of the Master Servicer..............................41 SECTION ...............................................................71 Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .............................................................................72 Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...............................72 Section 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ...................................................72 Section 3.08. Sub-Servicing Accounts........................................42 SECTION .........................................................................73 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .........................74 Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp)

Administration and Servicing of the Trust Fund. SECTION 61 Section 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION .............................................61 Section 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ....................63 Section 3.03. Successor Sub-Servicers.......................................41 SECTION ...............................................................64 Section 3.04. Liability of the Master Servicer..............................41 SECTION ......................................................64 Section 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ...64 Section 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ......................65 Section 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ..........................................65 Section 3.08. Sub-Servicing Accounts........................................42 SECTION ................................................................66 Section 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ................67 Section 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Impac Secured Assets Corp Mortgage Pass-Through Certificates, Series 2004-4)

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ........................... 35 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ....................................................... 36 3.03. Successor Sub-Servicers.......................................41 SECTION ............................................. 37 3.04. Liability of the Master Servicer..............................41 SECTION .................................... 37 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ....................................... 37 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION .......................................................... 38 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ........................ 38 3.08. Sub-Servicing Accounts........................................42 SECTION .............................................. 38 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .................................................. 39 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp Mort Pass THR Cert Ser 1995 Qe9)

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Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ...............30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ..............................31 3.03. Successor Sub-Servicers.......................................41 SECTION .................................32 3.04. Liability of the Master Servicer..............................41 SECTION ........................32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION .........32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION ...................................32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............33 3.08. Sub-Servicing Accounts........................................42 SECTION ..................................33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...............................34 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Namco Securities Corp)

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ............................................... 37 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Sub-Servicers.....................................................40 SECTION ...................... 38 3.03. Successor Sub-Servicers.......................................41 SECTION ................................ 39 3.04. Liability of the Master Servicer..............................41 SECTION ....................... 40 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ..................................... 40 3.06. Assumption or Termination of Sub-Sub- Servicing Agreements by Trustee.......................................................42 SECTION ........................ 41 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION ............................................... 41 3.08. Sub-Servicing Accounts........................................42 SECTION ................................. 41 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION ...................... 42 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp Mort Pass THR Cert Ser 1996-Q1)

Administration and Servicing of the Trust Fund. SECTION 3.01. Master Servicer to Act as Master Servicer.....................39 SECTION ................................................. 30 3.02. Sub-Servicing Agreements Between Master Servicer and Sub- Servicers.....................................................40 SECTION ................................................................................. 31 3.03. Successor Sub-Servicers.......................................41 SECTION ................................................................... 31 3.04. Liability of the Master Servicer..............................41 SECTION .......................................................... 32 3.05. No Contractual Relationship Between Sub-Servicers and Trustee or Certificateholders.........................................41 SECTION ........................................................................ 32 3.06. Assumption or Termination of Sub-Servicing Agreements by Trustee.......................................................42 SECTION .......................... 32 3.07. Collection of Certain Mortgage Loan Payments..................42 SECTION .............................................. 33 3.08. Sub-Servicing Accounts........................................42 SECTION .................................................................... 33 3.09. Collection of Taxes, Assessments and Similar Items; Servicing Accounts......................................................43 SECTION .................................................................................. 34 3.10.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Option One Mortgage Acceptance Corp)

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