Common use of Master Servicer Events of Default Clause in Contracts

Master Servicer Events of Default. “Master Servicer Event of Default,” wherever used herein, means any one of the following events (whatever the reason for such Master Servicer Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and only with respect to the defaulting Master Servicer:

Appears in 30 contracts

Samples: Sale and Servicing Agreement (Saco I Trust 2005-Gp1), Mortgage Loan Purchase Agreement (Homebanc Corp), Mortgage Loan Purchase Agreement (Bear Stearns ARM Trust 2006-1)

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Master Servicer Events of Default. Master Servicer Event of Default," wherever used herein, means any one of the following events (whatever the reason for such Master Servicer Event of Default and whether it shall be voluntary or involuntary or be effected by operation of law or pursuant to any judgment, decree or order of any court or any order, rule or regulation of any administrative or governmental body) and only with respect to the defaulting Master Servicer:

Appears in 10 contracts

Samples: Sale and Servicing Agreement (MortgageIT Trust 2004-1), Sale and Servicing Agreement (Homebanc Mortgage Trust 2004-1), Sale and Servicing Agreement (Merrill Lynch Mortgage Investors Trust, Series 2005-2)

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