Common use of Duty of Cooperation Clause in Contracts

Duty of Cooperation. Whenever requested by the Company, whether or not a notice of Default has been submitted, the Insured shall cooperate with the Company and furnish all reasonable aid, evidence and information in the possession of the Insured or to which the Insured has access with respect to any Loan, including all documents, files, computer data or other information requested by the Company upon reasonable notice. To the extent the Company is prejudiced by any failure of the Insured to cooperate, the Company's remedy shall be to reduce the Loss by the estimated extent of such prejudice.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2004-FFB), Pooling and Servicing Agreement (DLJ Mortgage Acceptance Corp), Pooling and Servicing Agreement (GSAMP Trust 2005-S1)

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Duty of Cooperation. Whenever requested by the Company, whether or not a notice of Default has been submitted, the Insured shall cooperate with the Company and furnish all reasonable aid, evidence and information in the possession of the Insured or to which the Insured has access with respect to any Loan, including all documents, files, computer data or other information requested by the Company upon reasonable notice. To the extent the Company is prejudiced by any failure of the Insured to cooperate, the Company's ’s remedy shall be to reduce the Loss by the estimated extent of such prejudice.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (FFMLT Trust 2005-Ffa), Structured Asset Sec Corp Mort Pass THR Certs Ser 2004-Ffa, First Franklin Mortgage Loan Trust 2003-FFB

Duty of Cooperation. Whenever requested by the Company, whether or not a notice of Default has been submitted, the Insured shall cooperate with the Company and furnish all reasonable aid, evidence and information in the possession of the Insured or to which the Insured has access with respect to any Loan, including including, but not limited to, all documents, files, computer data or other information requested by the Company upon reasonable notice. To the extent the Company is prejudiced by any failure of the Insured to cooperate, the Company's ’s remedy shall be to reduce the Insured’s Loss by the estimated extent of such prejudice.

Appears in 1 contract

Samples: Master Transaction Agreement (Radian Group Inc)

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Duty of Cooperation. Whenever requested by the Company, whether or not a notice of Default has been submitted, the Insured shall cooperate with the Company and furnish all reasonable aid, evidence and information in the possession of the Insured or to which the Insured has access with respect to any Loan, including including, but not limited to, all documents, files, computer data or other information requested by the Company upon reasonable notice. To the extent the Company is prejudiced by any failure of the Insured to cooperate, the Company's remedy shall be to reduce the Insured's Loss by the estimated extent of such prejudice.

Appears in 1 contract

Samples: Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6

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