Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 28 contracts
Samples: Indenture (Opteum Mortgage Acceptance CORP), Indenture (Impac Secured Assets Corp), Shellpoint Mortgage Acceptance LLC
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 25 contracts
Samples: Indenture (Home Equity Loan Trust 2006-Hsa4), Indenture (RFMSII Series 2006-Hsa2 Trust), Indenture (Home Equity Loan Trust 2006-Hsa3)
Notice of Event of Default. If an Event of Default occurs shall occur and is continuing be continuing, and if it such Event of Default is known to a Responsible Officer of the Indenture Trustee, then the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Indenture Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any Note, the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 20 contracts
Samples: Wachovia Asset (Wachovia Asset Securitization Inc 2002 He2 Trust), Wachovia Asset Sec Inc Asst Back Notes Ser 2002 He1, Bear Stearns Asset Back Sec Inc Gmacm Rev Ho Eq Lo Tr 1998-2
Notice of Event of Default. If an Event of Default occurs shall occur and is continuing be continuing, and if it such Event of Default is known to a Responsible Officer of the Indenture Trustee, then the Indenture Trustee shall give prompt notice thereof to the Credit Enhancer. The Indenture Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any Note, the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 13 contracts
Samples: GMACM Home Equity Loan Trust 2006-He3, Residential Asset Mortgage Products Inc, GMACM Home Equity Loan Trust 2006-He5
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known Subject to a Responsible Officer of the Indenture TrusteeSection 5.01, the Indenture Trustee or the Securities Administrator shall give notice thereof to the Credit Enhancer. The Trustee shall promptly mail to each Noteholder notice of the Event of Default within 90 days after it occursis actually known to a Responsible Officer of the Indenture Trustee or the Securities Administrator, unless such Event of Default shall have been waived or cured. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee or the Securities Administrator may withhold the notice if and so long as a committee of its Responsible Officers it in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 13 contracts
Samples: Custodial Agreement (Renaissance Home Equity Loan Trust 2006-3), Custodial Agreement (Renaissance Home Equity Loan Trust 2006-3), Indenture (Renaissance Home Equity Loan Trust 2007-2)
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit EnhancerNote Insurer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 11 contracts
Samples: Servicing Agreement (Long Beach Securities Corp), Servicing Agreement (National City Mortgage Capital LLC), Indenture (Argent Securities Inc)
Notice of Event of Default. If an Event of Default occurs shall occur and is continuing be continuing, and if it such Event of Default is known to a Responsible Officer of the Indenture Trustee, then the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Indenture Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any Note, the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 9 contracts
Samples: GMACM Home Loan Trust 2006-Hltv1, Residential Asset Mortgage Products Inc, Residential Asset Mortgage Products Inc
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture 37 Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 5 contracts
Samples: Indenture (Salomon Brothers Mortgage Securities Vii Inc), Indenture (New Century Mortgage Securities Inc), Indenture (Icifc Secured Assets Corp)
Notice of Event of Default. If an Event of Default occurs shall occur and is continuing be continuing, and if it such Event of Default is known to a Responsible Officer of the Indenture Trustee, then the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any Note, the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 5 contracts
Samples: Residential Asset Mortgage Prod Inc Gmacm Mor Ln Tr 2003-Gh1, Residential Asset Mort Prods Inc Gmacm Mort Ln Tr 03 Gh2, GMACM Mortgage Loan Trust 2004-Gh1
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, [the Indenture Trustee shall give notice thereof to the Credit Enhancer. .] The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 4 contracts
Samples: Indenture (Morgan Stanley Abs Capital I Inc), Indenture (Cwabs Inc), First Horizon Asset Securities Inc
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders. The Indenture Trustee shall not be deemed to have knowledge of any Event of Default unless a Responsible Officer has written notice or actual knowledge thereof.
Appears in 3 contracts
Samples: Home Loan Trust 2007-Hi1, Home Loan Trust 2006-Hi5, Residential Funding Mortgage Securities Ii Inc
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall promptly give notice thereof to the Credit EnhancerNote Insurer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 10 days after it occursa Responsible Officer has actual knowledge thereof unless such Event of Default shall have been waived or cured. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice to Noteholders if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 3 contracts
Samples: Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Merrill Lynch Mortgage Investors Inc), Indenture (Pacificamerica Money Center Inc)
Notice of Event of Default. If an Event of Default occurs shall occur and is continuing be continuing, and if it such Event of Default is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the such Event of Default within 90 days after it occurs. Except in the case of an Event of Default in with respect to the payment of principal of or interest on any Note, the Indenture Trustee may withhold the such notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the such notice is in the interests of the Noteholders.
Appears in 3 contracts
Samples: Phoenix Residential Securities, LLC, Phoenix Residential Securities, LLC, GMACM Home Equity Loan Trust 2007-He3
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Respon- sible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-2), Pooling and Servicing Agreement (Household Consumer Loan Trust 1997-1)
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder Bondholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any NoteBond, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of NoteholdersBondholders.
Appears in 2 contracts
Samples: Indenture (Imh Assets Corp), Imh Assets Corp
Notice of Event of Default. If Subject to Section 5.01, the Indenture Trustee shall mail to each Noteholder and the Insurer notice of an Event of Default occurs and is continuing and if it is known to of which a Responsible Officer of the Indenture Trustee, Trustee has actual knowledge within the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice later of the Event of Default within 90 days after it occursoccurs and 90 days after such Responsible Officer’s knowledge thereof. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 2 contracts
Samples: Master Agreement (Home Equity Mortgage Trust 2006-2), Home Equity Mortgage Trust 2007-1
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder Noteholder, the Rating Agencies (so long as any of the Offered Notes are Outstanding), the Class A-2 Agent, the Servicer and the Owner Trustee notice of the an Event of Default within 90 30 days after it occursthe Trustee has actual knowledge thereof in accordance with Section 6.01. Except in the case of an Event of Default in payment of principal of principal, interest or interest Class A-2 Commitment Fee, as applicable, on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (NewStar Financial, Inc.)
Notice of Event of Default. [If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. .] The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Homepride Mortgage Finance Corp
Notice of Event of Default. If an Event of Default occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, [the Indenture Trustee shall give notice thereof to the Credit Enhancer. .] The Indenture Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Indenture (Equity One Abs Inc)
Notice of Event of Default. If an Event of Default ------------------------ occurs and is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract
Samples: Administration Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Notice of Event of Default. If an Event of Default occurs and -------------------------- is continuing and if it is known to a Responsible Officer of the Indenture Trustee, the Indenture Trustee shall give notice thereof to the Credit Enhancer. The Trustee shall mail to each Noteholder notice of the Event of Default within 90 days after it occurs. Except in the case of an Event of Default in payment of principal of or interest on any Note, the Indenture Trustee may withhold the notice if and so long as a committee of its Responsible Officers in good faith determines that withholding the notice is in the interests of Noteholders.
Appears in 1 contract