Common use of Prohibited Activities Clause in Contracts

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 15 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Master Servicing (GSR Mortgage Loan Trust 2006-8f), Trust Agreement (GSR Mortgage Loan Trust 2005-3f)

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Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of neither the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer Trustee permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 8 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp Loan Trust 2003-6f), Trust Agreement (Gs Mortgage Sec Corp Mort Pass THR Certs Ser 2003-3f), Trust Agreement (Gs Mortgage Securities Corp Mor Pass THR Cer Ser 2002-8f)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor or the Holders of the Residual Certificates, nor the Trustee Certificates shall engage in, nor and the Trustee and the Securities Administrator shall the Master Servicer not permit, any of the following transactions or activities unless it such Person has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 7 contracts

Samples: Trust Agreement (GSR Mortgage Loan Trust 2005-Ar2), Trust Agreement (GSR Mortgage Loan Trust 2005-Ar3), Trust Agreement (GSR Mortgage Loan Trust 2005-Ar7)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicerseach Servicer, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee Certificates shall engage in, nor shall the Master Servicer permitpermit (to the extent within its control), any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 4 contracts

Samples: Trust Agreement (STARM Mortgage Loan Trust 2007-1), Trust Agreement (GSR Mortgage Loan Trust 2007-2f), Servicing and Trust Agreement (GSR Mortgage Loan Trust 2007-5f)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor Servicers or the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer Trustee or the Securities Administrator permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 2 contracts

Samples: Trust Agreement (GSR Mortgage Loan Trust 2004-12), Trust Agreement (GSR Mortgage Loan Trust 2004-12)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicerseach Servicer, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 2 contracts

Samples: Trust Agreement (GSR Mortgage Loan Trust 2006-9f), Trust Agreement (GSR Mortgage Loan Trust 2007-Ar1)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor shall the Trustee shall Master Servicer engage in, nor shall the Master Servicer Trustee permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 2 contracts

Samples: Trust Agreement (GSR Mortgage Loan Trust 2004-11), Trust Agreement (Gs Mortgage Securities Corp Mor Pasthr Cert Ser 2004-4)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (Gs Mortgage Securities Corp. Gsaa Trust 2004-Cw1)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor shall the Trustee shall Master Servicer engage in, nor shall the Master Servicer Trustee or the Securities Administrator permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (GSR Mortgage Loan Trust 2004-14)

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Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of neither the Depositor, the TrusteeServicer, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer Trustee permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (Gs Mortgage Pass Through Certificates Series 2003-13)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the ServicersServicer, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee Certificates shall engage in, nor shall the Master Servicer permitpermit (to the extent within its control), any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (STARM Mortgage Loan Trust 2007-4)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor shall the Trustee shall Master Servicer engage in, nor shall the Master Servicer Trustee permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-REMIC level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (GS Mortgage GSR Loan Trust 2004-9)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of neither the Depositor, the Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the Trustee shall engage in, nor shall the Master Servicer permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (Gs Mortgage Securities Corp GSR Mort Loan Tr 2003-7f)

Prohibited Activities. Except as otherwise provided in the Trust Agreement, none of the Depositor, the [Delaware] Trustee, the Securities Administrator, the Servicers, the Master Servicer nor the Holders of the Residual Certificates, nor the [Delaware] Trustee shall engage in, nor shall the Master Servicer permit, any of the following transactions or activities unless it has received (a) a Special Tax Opinion and (b) a Special Tax Consent from each of the Holders of the Residual Certificates (unless the Special Tax Opinion specially provides that no REMIC-level tax will result from the transaction or activity in question):

Appears in 1 contract

Samples: Trust Agreement (Gs Mortgage Securities Corp)

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