Common use of Review of Custodial Files Clause in Contracts

Review of Custodial Files. (a) The Custodian agrees, for the benefit of the Certificate Insurer and the Owners of the Certificates, to review, in accordance with the provisions of Section 2.3(b) hereof each Custodial File. If in performing the review required by this Section 2.3 the Custodian finds any document or documents constituting a part of a Custodial File to be missing or defective in any material respect, the Custodian shall promptly so notify the Company, the Servicer, the Trustee and the Certificate Insurer.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997 2), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1996-4), Pooling and Servicing Agreement (First Alliance Mortgage Loan Trust 1997-01)

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Review of Custodial Files. (a) The Custodian agrees, for the benefit of the Certificate Insurer and the Owners of the Certificates, to review, in accordance with the provisions of Section 2.3(b) hereof each Custodial File. If in performing the review required by this Section 2.3 the Custodian finds any document or documents constituting a part of a Custodial File to be missing or defective in any material respectdefective, the Custodian shall promptly so notify the CompanySeller, the ServicerServicers, the Depositor, the Trustee and the Certificate Insurer.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Armesco Residential Sec Corp Mort Loan Tr 1996-5)

Review of Custodial Files. (a) The Custodian agrees, for the benefit of the Certificate Insurer and the Owners of the Certificates, to review, in accordance with the provisions of Section 2.3(b) hereof each Custodial File. If in performing the review required by this Section 2.3 the Custodian finds any document or documents constituting a part of a Custodial File to be missing or defective in any material respectdefective, the Custodian shall promptly so notify the CompanySeller, the ServicerServicers, the Trustee Depositor and the Certificate InsurerTrustee.

Appears in 1 contract

Samples: Custodial Agreement (Amresco Residential Securities Corp Mortgage Loan Tr 1997-2)

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Review of Custodial Files. (a) The Custodian agrees, for ------------------------- the benefit of the Certificate Insurer and the Owners of the CertificatesCertificateholders, to review, in accordance with the provisions of Section 2.3(b) hereof 2.01 of the Pooling and Servicing Agreement, each Custodial File. If in performing the review required by this Section 2.3 the Custodian finds any document or documents constituting a part of a Custodial File to be missing or defective in any material respect, the Custodian shall promptly so notify the CompanyDepositor, the Servicer, the Trustee Servicer and the Certificate InsurerTrustee.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ba Mortgage Securities Inc/)

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