Common use of Compliance with Agreements and Applicable Laws Clause in Contracts

Compliance with Agreements and Applicable Laws. The Seller and the Depositor shall comply in all material respects with the terms and conditions of the Transaction Documents to which it is a party and shall comply with all material requirements of any law, rule or regulation applicable to it.

Appears in 10 contracts

Samples: Insurance Agreement (Mortgage Pass-Through Certificates Ser 2003-18xs), Insurance Agreement (Amortizing Residential Collateral Trust, Series 2004-1), Insurance Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 Bc10)

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Compliance with Agreements and Applicable Laws. The Seller Seller, the Master Servicer and the Depositor shall comply in all material respects with the terms and conditions of the Transaction Documents to which it is a party and shall comply with all material requirements of any law, rule or regulation applicable to it.

Appears in 2 contracts

Samples: Insurance Agreement (Morgan Stanley Mortgage Loan Trust 2006-15xs), Insurance Agreement (Morgan Stanley Mortgage Loan Trust 2006-17xs)

Compliance with Agreements and Applicable Laws. The Each of the Seller and the Depositor shall comply in all material respects with the terms and conditions of and perform its obligations under the Transaction Operative Documents to which it is a party in all cases in which failure to so comply or perform would result in a default thereunder and shall comply with all material requirements of any law, rule or regulation applicable to itit in all circumstances where non-compliance reasonably could be expected to result in a Material Adverse Change.

Appears in 2 contracts

Samples: Insurance and Indemnity Agreement (Bayview Financial Mortage Pass-Through Trust 2005-D), Insurance and Indemnity Agreement (Bayview Financial Mortgage Pass-Through Certificates, Series 2005-B)

Compliance with Agreements and Applicable Laws. The Each Seller and the Depositor shall comply in all material respects with the terms and conditions of the Transaction Documents to which it is a party and shall comply with all material requirements of any law, rule or regulation applicable to it.

Appears in 1 contract

Samples: Insurance Agreement (Structured Asset Sec Corp Mmort Pass THR Cert Ser 2001-13)

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Compliance with Agreements and Applicable Laws. The Each of the Seller and the Depositor shall comply in all material respects with the terms and conditions of and perform its obligations under the Transaction Operative Documents to which it is a party in all cases in which failure to so comply or perform would result in a default thereunder and shall comply with all material requirements of any law, rule or regulation applicable to itit in all circumstances where non­compliance reasonably could be expected to result in a Material Adverse Change with respect to the Seller or the Depositor.

Appears in 1 contract

Samples: Insurance and Indemnity Agreement (Greenpoint Mortgage Funding Trust 2006-He1)

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