Common use of Future Defects Clause in Contracts

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the Trustee. For purposes of this Section, “

Appears in 8 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-Opt2), Pooling and Servicing Agreement (Citigroup Mortgage Loan Trust, Series 2005-Opt3), Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-Opt3)

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Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the TrusteePurchaser. For purposes of this Sectionsection, "

Appears in 6 contracts

Samples: Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-5ar), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-7), Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the Trustee. For purposes of this Section, “.

Appears in 6 contracts

Samples: Custodial Agreement (C-Bass 2007-Cb5 Trust), Custodial Agreement (C-Bass 2006-Cb2 Trust), Custodial Agreement (GSAMP Trust 2006-He2)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the Trustee. For purposes of this Section, “.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-2), Custodial Agreement (Carrington Mortgage Loan Trust Inc Series 2005-Opt2), Pooling and Servicing Agreement (Soundview Home Loan Trust 2005-1)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the Trustee. For purposes of this Section, “Owner.

Appears in 4 contracts

Samples: Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Securities Corp), Custodial Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2003-6a)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the any Custodial File, the Custodian shall give written specification of such defect to the Servicer Trustee and the Trustee. For purposes of this Section, “related Servicer.

Appears in 4 contracts

Samples: Custodial Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-3), Pooling and Servicing Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-4), Custodial Agreement (Home Equity Mortgage Pass-Through Certificates, Series 2006-1)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer Seller and the Trustee. For purposes of this Section, “Purchaser.

Appears in 2 contracts

Samples: Custodial Agreement (GSR Mortgage Loan Trust 2006-9f), Custodial Agreement (GSR Mortgage Loan Trust 2006-10f)

Future Defects. During the term of this Agreement, if the Custodian received written notice of or discovers any defect with respect to the items certified pursuant to Section 2 with respect to any Custodial Asset File, the Custodian shall give written specification of such defect to the Trust, the Servicer and the Indenture Trustee. For purposes of this Section, “.

Appears in 2 contracts

Samples: Custodial Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200), Custodial Agreement (Citigroup Mortgageln Tr Origen Manu Hous Cont Tr NTS Ser 200)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer Trustee and the Trustee. For purposes of this Section, “related Master Servicer or Servicer.

Appears in 2 contracts

Samples: Custodial Agreement (Sequoia Residential Funding Inc), Custodial Agreement (Sequoia Residential Funding Inc)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer Seller, the Purchaser and the any applicable Trustee. For purposes of this Section, “.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Samco Mortgage Securities Corp)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the Custodial FileFiles, the Custodian shall promptly give written specification of such defect to the Trustee, the Depositor, the Master Servicer and the Trusteerelated Servicer. For purposes of this Section, “

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Five Oaks Investment Corp.)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Master Servicer, the Company, the related Servicer and the Trustee. For purposes of this Section, “.

Appears in 1 contract

Samples: Custodial Agreement (Peoples Choice Home Loan Securities Trust Series 2004-2)

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Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the any Custodial File, the Custodian shall give written specification of such defect to the Trustee, the Master Servicer and the Trustee. For purposes of this Section, “related Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-5)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the Custodial FileFiles, the Custodian shall promptly give written specification of such defect to the Trustee, the Depositor, the Master Servicer and the Trusteerelated Servicer. For purposes of this Sectionsection, “

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Five Oaks Investment Corp.)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer Purchaser and the Trustee. For purposes of this Section, “.

Appears in 1 contract

Samples: Custodial Agreement (Morgan Stanley Mortgage Loan Trust 2006-11)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Company, the Servicer and the Trustee. For purposes of this Section, “Purchaser.

Appears in 1 contract

Samples: Custodial Agreement (Preferred Credit Corp)

Future Defects. During the term of this Agreement, if the Custodian discovers any defect with respect to the Custodial File, the Custodian shall give written specification of such defect to the Servicer and the TrusteeTrustee such notice to be in the form of an exception report. For purposes of this Section, “

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Soundview Home Loan Trust 2006-2)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the any Custodial File, the Custodian shall give written specification of such defect to the Servicer Trustee, and the Trustee. For purposes of this Section, “Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Home Equity Mortgage Trust 2006-6)

Future Defects. During the term of this Custodial Agreement, if the Custodian discovers any defect with respect to the Custodial Mortgage File, the Custodian shall give written specification of such defect to the Servicer Trustee and the Trustee. For purposes of this Section, “Servicer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (NYMT Securities CORP)

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