Common use of Notifications to Certificateholders Clause in Contracts

Notifications to Certificateholders. Upon any termination or appointment of a successor to the Servicer pursuant to this Article Eight, the Trustee shall give prompt written notice thereof to the Financial Guaranty Insurer and to the Certificateholders at their respective addresses appearing in the Certificate Register and to each Rating Agency. Within 60 days of obtaining actual knowledge of the occurrence of any Event of Default that remains uncured, the Trustee shall transmit by mail to all Certificateholders and the Financial Guaranty Insurer notice of such Event of Default.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Aames Capital Corp), Pooling and Servicing Agreement (Aames Capital Acceptance Corp), Pooling and Servicing Agreement (Aames Capital Corp)

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Notifications to Certificateholders. Upon any termination or appointment of a successor to the Servicer pursuant to this Article Eight, the Trustee shall give prompt written notice thereof to the Financial Guaranty Insurer and to the Certificateholders at their respective addresses appearing in the Certificate Register and to each Rating Agency. 106 112 Within 60 [60] days of obtaining actual knowledge of the occurrence of any Event of Default that remains uncured, the Trustee shall transmit by mail to all Certificateholders and the Financial Guaranty Insurer notice of such Event of Default.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Aames Capital Acceptance Corp)

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