Common use of Effect of Transfer Clause in Contracts

Effect of Transfer. a. After the Service Transfer, the Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 39 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

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Effect of Transfer. a. After the Service Transfer, the Trustee or new Servicer may shall notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Green Tree Financial Corp)

Effect of Transfer. a. After the Service Transfer, the Trustee or new Servicer may shall notify Obligors to make payments directly to the new Servicer that are due under the Contracts Loans after the effective date of the Service Transfer.

Appears in 12 contracts

Samples: Pooling and Servicing Agreement (Green Tree Financial Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Corp)

Effect of Transfer. a. (a) After the Service Transfer, the Trustee or new Master Servicer may notify Obligors the Mortgagors to make payments directly to the new Master Servicer that are due under the Contracts Mortgage Loans after the effective date of the Service Transfer.

Appears in 7 contracts

Samples: Pooling and Servicing Agreement (Cit Home Equity Loan Trust 2002-1), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Acceptance Corp), Pooling and Servicing Agreement (Cit Home Equity Loan Trust 2003-1)

Effect of Transfer. a. (a) After the Service Transfer, the Trustee Backup Servicer or new Servicer may shall notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 7 contracts

Samples: Servicing Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B), Servicing Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Servicing Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200)

Effect of Transfer. a. (a) After the Service Transfer, the Indenture Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Conseco Finance Corp), Sale and Servicing Agreement (Green Tree Financial Corp), Sale and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. (a) After the Service Transfer, the Trustee or new Servicer may shall notify Obligors to make payments directly to the new Servicer that are due under the Contracts Loans after the effective date of the Service Transfer.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. After the Service Transfer, the Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp), Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. (a) After the Service Transfer, the Indenture Trustee or new Servicer may notify the Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Cit Group Securitization Corp Ii), Sale and Servicing Agreement (Cit Group Securitization Corp Ii)

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Effect of Transfer. a. (a) After the Service Transfer, the Indenture Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts Loans after the effective date of the Service Transfer.

Appears in 2 contracts

Samples: Sale and Servicing Agreement (Green Tree Financial Corp), Sale and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. (a) After the Service Transfer, the Trustee or new Servicer may notify the Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Group Securitization Corp Ii)

Effect of Transfer. a. (a) After the Service Transfer, the Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. (a) After the Service Transfer, ------------------ the Trustee or new Servicer may notify Obligors to make payments directly to the new Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Conseco Finance Securitizations Corp)

Effect of Transfer. a. (a) After the Service Transfer, the Indenture Trustee or new successor Servicer may notify the Obligors to make payments directly to the new successor Servicer that are due under the Contracts after the effective date of the Service Transfer.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Cit Marine Trust 1999-A)

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