Common use of Certain Matters Regarding any Custodian Appointed Hereunder Clause in Contracts

Certain Matters Regarding any Custodian Appointed Hereunder. (a) The Custodian shall maintain continuous custody of all items constituting the Trustee Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee for the benefit of the Certificateholders therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.

Appears in 24 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-5ax), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-7ax), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-10xs)

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Certain Matters Regarding any Custodian Appointed Hereunder. (a) The Each Custodian shall maintain continuous custody of all items constituting the Trustee Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee for the benefit of the Certificateholders therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-13), Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-14ar)

Certain Matters Regarding any Custodian Appointed Hereunder. (a) The Custodian shall maintain continuous custody of all items constituting the Trustee Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee for the benefit of the 104 Certificateholders therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-1xs)

Certain Matters Regarding any Custodian Appointed Hereunder. (a) The Custodian shall maintain continuous custody of all items constituting the Trustee Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee for the benefit of the 119 Certificateholders therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-8xs)

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Certain Matters Regarding any Custodian Appointed Hereunder. (a) The Each Custodian shall maintain continuous custody of all items constituting the Trustee Mortgage Files in secure facilities in accordance with customary standards for such custody and shall reflect in its records the interest of the Trustee for the benefit of the 119 Certificateholders therein. Each Mortgage Note (and Assignment of Mortgage) shall be maintained in fire resistant facilities.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Morgan Stanley Mortgage Loan Trust 2007-12)

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