Common use of Coverage Amount Clause in Contracts

Coverage Amount. EXHIBIT III Additional Disclosure Notification ▇▇▇▇▇ Fargo Bank, N.A. as [Securities Administrator and Master Servicer] ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: ▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Attn: Corporate Trust Services - MSM 2006-17XS - SEC REPORT PROCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of [date], as amended by the Assignment, Assumption and Recognition Agreement dated as of December 1, 2006 among ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capital I Inc., as Depositor, GMAC Mortgage, LLC, ▇▇▇▇▇ Fargo Bank, National Association, as Master Servicer, and LaSalle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; --------------------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria --------------------------------------------------------------------------------------------------- Reference Criteria --------------------------------------------------------------------------------------------------- General Servicing Considerations --------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance or other triggers and events of default X 1122(d)(1)(i) in accordance with the transaction agreements. --------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to third parties, policies and procedures are X instituted to monitor the third party's performance 1122(d)(1)(ii) and compliance with such servicing activities. --------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans 1122(d)(1)(iii) are maintained. --------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period in the X amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. --------------------------------------------------------------------------------------------------- Cash Collection and Administration --------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business days X following receipt, or such other number of 1122(d)(2)(i) days specified in the transaction agreements. --------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by X 1122(d)(2)(ii) authorized personnel. --------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are X made, reviewed and approved as specified in the 1122(d)(2)(iii) transaction agreements. ---------------------------------------------------------------------------------------------------

Coverage Amount. EXHIBIT III Additional Disclosure Notification ▇▇▇▇▇ Fargo Bank, N.A. as [Securities Administrator and Master Servicer] ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: ▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Attn: Corporate Trust Services - MSM 2006-17XS - SEC REPORT PROCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of [date], as amended by the Assignment, Assumption and Recognition Agreement dated as of December 1, 2006 among ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capital I Inc., as Depositor, GMAC Mortgage, LLC, ▇▇▇▇▇ Fargo Bank, National Association, as Master Servicer, and LaSalle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV A-1 SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Reference Criteria --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- General Servicing Considerations --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance or other triggers and events of default X 1122(d)(1)(i) in accordance with the X 1122(d)(1)(i) transaction agreements. --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to third parties, policies and procedures are X instituted to monitor the third party's performance X 1122(d)(1)(ii) performance and compliance with such servicing activities. --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a back-up 1122(d)(1)(iii) servicer for the mortgage loans 1122(d)(1)(iii) are maintained. --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting X 1122(d)(1)(iv) period in the X amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) agreements. --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Cash Collection and Administration --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate X custodial bank accounts and related bank clearing accounts no more than two 1122(d)(2)(i) business days X following receipt, or such other number of 1122(d)(2)(i) days specified in the transaction agreements. --------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or 1122(d)(2)(ii) to an investor are made only by X 1122(d)(2)(ii) authorized personnel. --------------------------------------------------------------------------------------------------- X ----------------------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, are X made, reviewed and X 1122(d)(2)(iii) approved as specified in the 1122(d)(2)(iii) transaction agreements. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- The related accounts for the transaction, such as cash reserve accounts or accounts established as a form of overcollateralization, X are separately maintained (e.g., with respect to commingling 1122(d)(2)(iv) of cash) as set forth in the transaction agreements. -----------------------------------------------------------------------------------------------------------------

Coverage Amount. EXHIBIT III Additional Disclosure Notification ▇▇▇▇▇ Fargo Bank, N.A. as [Securities Administrator and Master Servicer] ▇▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Fax: (▇▇▇) ▇▇▇-▇▇▇▇ E-mail: ▇▇▇.▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇.▇▇▇ Attn: Corporate Trust Services - MSM 20062007-17XS 1XS - SEC REPORT PROCESSING RE: **Additional Form [ ] Disclosure**Required Ladies and Gentlemen: In accordance with Section [31.03(d)][31.03(e)][31.03(f)] of the Sale and Servicing Agreement, dated as of [date], as amended by the Assignment, Assumption and Recognition Agreement dated as of December January 1, 2006 2007 among ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Capital I Inc., as Depositor, GMAC Mortgage, LLC, ▇▇▇▇▇ Fargo Bank, National Association, as Master Servicer, and LaSalle Bank National Association as Trustee. The Undersigned hereby notifies you that certain events have come to our attention that [will][may] need to be disclosed on Form [ ]. Description of Additional Form [ ] Disclosure: List of Any Attachments hereto to be included in the Additional Form [ ] Disclosure: Any inquiries related to this notification should be directed to [ ], phone number: [ ]; email address: [ ]. [NAME OF PARTY] as [role] By: __________________ Name: Title: EXHIBIT IV SERVICING CRITERIA TO BE ADDRESSED IN ASSESSMENT OF COMPLIANCE The assessment of compliance to be delivered by [the Company] [Name of Subservicer] shall address, at a minimum, the criteria identified as below as "Applicable Servicing Criteria"; --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Applicable Servicing Servicing Criteria Criteria --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Reference Criteria --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- General Servicing Considerations --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Policies and procedures are instituted to monitor any performance or other triggers and events of default X 1122(d)(1)(i) default in accordance with the transaction agreements. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- If any material servicing activities are outsourced to third parties, policies and X procedures are X instituted to monitor the third party's performance 1122(d)(1)(ii) and compliance with 1122(d)(1)(ii) such servicing activities. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Any requirements in the transaction agreements to maintain a back-up servicer for the mortgage loans 1122(d)(1)(iii) are maintained. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- A fidelity bond and errors and omissions policy is in effect on the party participating in the servicing function throughout the reporting period X in the X amount of coverage required by and otherwise in accordance with the terms of the transaction 1122(d)(1)(iv) transaction agreements. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Cash Collection and Administration --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Payments on mortgage loans are deposited into the appropriate custodial bank accounts and related bank clearing accounts no more than two business X days X following receipt, or such other number of 1122(d)(2)(i) days specified in the transaction agreements. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Disbursements made via wire transfer on behalf of an obligor or to an investor are made only by X 1122(d)(2)(ii) authorized personnel. --------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------------- Advances of funds or guarantees regarding collections, cash flows or distributions, and any interest or other fees charged for such advances, X are X made, reviewed and approved as 1122(d)(2)(iii) specified in the 1122(d)(2)(iii) transaction agreements. -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------