Common use of Servicer Events of Default Clause in Contracts

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 7.03. Notification to Certificateholders............................................................128 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII

Servicer Events of Default. 123 110- SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ....................................................-112- SECTION 7.03. Notification to Certificateholders............................................................128 ..........................................................-113- SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ........................................................-114- ARTICLE VIII

Servicer Events of Default. 123 7.02. 124 SECTION 7.02 Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 7.03. .............................................................127 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ...................................................129 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 .................................................129 ARTICLE VIIIVIII CONCERNING THE TRUSTEE AND THE TRUST ADMINISTRATOR

Servicer Events of Default. 123 7.02. 124 SECTION 7.02 Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 7.03. .....................................127 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ...........................129 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 .........................129 ARTICLE VIIIVIII CONCERNING THE TRUSTEE AND THE TRUST ADMINISTRATOR

Servicer Events of Default. 123 7.0257 6.02. Master Servicer, Trust Administrator Servicer or Indenture Trustee to Act; Appointment of Successor.....................................................................................126 7.03.........................59 6.03. Notification to Certificateholders............................................................128 7.04Noteholders...................................................................61 6.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII61 A-2-ii SECTION PAGE ------- ----

Servicer Events of Default. 123 7.02130 Section 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03............................................................134 Section 8.03. Notification to Certificateholders............................................................128 7.04..........................................................................136 Section 8.04. Waiver of Servicer Events of Default..........................................................128 ........................................................................136 ARTICLE VIIIIX CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR............................................................137 Section 9.01. Duties of Trustee and Securities Administrator..............................................................137

Servicer Events of Default. 123 104 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ......................................................106 7.03. Notification to Certificateholders............................................................128 107 7.04. Waiver of Servicer Events of Default..........................................................128 108 ARTICLE VIIIVIII CONCERNING THE TRUSTEE

Servicer Events of Default. 123 7.02131 SECTION 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03.........................................135 SECTION 8.03. Notification to Certificateholders............................................................128 7.04.......................................................137 SECTION 8.04. Waiver of Servicer Events of Default..........................................................128 .....................................................137 ARTICLE VIIIIX CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR 138

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 115 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ...................................................... 117 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ............................................................ 118 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 .......................................................... 119 ARTICLE VIII

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 107 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ................................... 109 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ......................................... 110 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII....................................... 111

Servicer Events of Default. 123 7.02. 143- SECTION 8.02 Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03. ............................................-147- SECTION 8.03 Notification to Certificateholders............................................................128 7.04. ..........................................................-148- SECTION 8.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII........................................................-148-

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 109 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ................................................111 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ......................................................112 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 ....................................................112 ARTICLE VIIIVIII CONCERNING THE TRUSTEE

Servicer Events of Default. 123 113 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .............................................115 SECTION 7.03. Notification to Certificateholders............................................................128 ...................................................116 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII.................................................116

Servicer Events of Default. 123 134 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .........................................136 SECTION 7.03. Notification to Certificateholders............................................................128 ...............................................138 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 .............................................138 ARTICLE VIII

Servicer Events of Default. 123 7.02. 139- SECTION 8.02 Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03. ............................................-143- SECTION 8.03 Notification to Certificateholders............................................................128 7.04. ..........................................................-144- SECTION 8.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII........................................................-145-

Servicer Events of Default. 123 102 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 . ...............104 SECTION 7.03. Notification to Certificateholders............................................................128 . .....................105 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 .....................106 ARTICLE VIIIVIII CONCERNING THE TRUSTEE

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 111 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ................113 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ......................114 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII....................114

Servicer Events of Default. 123 95 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ................................................................... 97 SECTION 7.03. Notification to Certificateholders............................................................128 ................................................... 98 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII................................................. 99

Servicer Events of Default. 123 7.02. 146- SECTION 8.02 Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03. ............................................-150- SECTION 8.03 Notification to Certificateholders............................................................128 7.04. ..........................................................-151- SECTION 8.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII........................................................-152-

Servicer Events of Default. 123 7.02138- SECTION 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03Successor ......... -142- SECTION 8.03. Notification to Certificateholders............................................................128 7.04Certificateholders ....................... -143- SECTION 8.04. Waiver of Servicer Events of Default..........................................................128 Default ..................... -143- ARTICLE VIIIIX CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR

Servicer Events of Default. 123 112 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ................................................114 SECTION 7.03. Notification to Certificateholders............................................................128 ......................................................115 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII....................................................116

Servicer Events of Default. 123 7.02158 SECTION 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03.....................................162 SECTION 8.03. Notification to Certificateholders............................................................128 7.04...................................................163 SECTION 8.04. Waiver of Servicer Events of Default..........................................................128 .................................................164 ARTICLE VIIIIX CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR 165 SECTION 9.01. Duties of Trustee and Securities Administrator.......................................165 SECTION 9.02. Certain Matters Affecting Trustee and Securities Administrator.......................166 x

Servicer Events of Default. 123 137 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ...................139 SECTION 7.03. Notification to Certificateholders............................................................128 .........................141 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 .......................141 SECTION 7.05. Survivability of Servicer Liabilities......................141 ARTICLE VIIIVIII CONCERNING THE TRUSTEE

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 116 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ......................................................118 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. 119 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 119 ARTICLE VIII

Servicer Events of Default. 123 113 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ........................................115 SECTION 7.03. Notification to Certificateholders............................................................128 ..............................................116 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ............................................116 ARTICLE VIII

Servicer Events of Default. 123 7.0256 6.02. Master Servicer, Trust Administrator Servicer or Indenture Trustee to Act; Appointment of Successor.....................................................................................126 7.03.........................58 6.03. Notification to Certificateholders............................................................128 7.04Noteholders...................................................................60 6.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII60 SECTION PAGE ------- ----

Servicer Events of Default. 123 140 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .............................................142 SECTION 7.03. Notification to Certificateholders............................................................128 ...................................................143 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 .................................................143 ARTICLE VIII

Servicer Events of Default. 123 7.02131 SECTION 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03............................................135 SECTION 8.03. Notification to Certificateholders............................................................128 7.04..........................................................137 SECTION 8.04. Waiver of Servicer Events of Default..........................................................128 ........................................................137 ARTICLE VIIIIX

Servicer Events of Default. 123 87 Section 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .....90 Section 7.03. Notification to Certificateholders............................................................128 .......................91 Section 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII.....................92

Servicer Events of Default. 123 115 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ................................................117 SECTION 7.03. Notification to Certificateholders............................................................128 ......................................................119 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ....................................................119 ARTICLE VIIIVIII CONCERNING THE TRUSTEE

Servicer Events of Default. 123 7.02126 Section 8.02. Master Servicer, Trust Administrator or Trustee Servicer to Act; Appointment of Successor.....................................................................................126 7.03.........................................130 Section 8.03. Notification to Certificateholders............................................................128 7.04.......................................................131 Section 8.04. Waiver of Servicer Events of Default..........................................................128 .....................................................132 ARTICLE VIIIIX CONCERNING THE TRUSTEE AND THE SECURITIES ADMINISTRATOR 133

Servicer Events of Default. 123 107- 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .............................-109- 7.03. Notification to Certificateholders............................................................128 ..........................................................-111- 7.04. Waiver of Servicer Events of Default..........................................................128 ........................................................-111- ARTICLE VIII

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor...............................................................................................................................................126 7.03. Notification to Certificateholders................................................................................................128 7.04. Waiver of Servicer Events of Default............................................................................................128 ARTICLE VIII

Servicer Events of Default. 123 7.02. Master Servicer, Trust Administrator or 114 SECTION 7.02 Trustee to Act; Appointment of Successor.....................................................................................126 7.03. ................................... 116 SECTION 7.03 Notification to Certificateholders............................................................128 7.04. ......................................... 117 SECTION 7.04 Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII....................................... 118

Servicer Events of Default. 123 110- SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ............................. -112- SECTION 7.03. Notification to Certificateholders............................................................128 ................................... -113- SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ................................. -114- ARTICLE VIII

Servicer Events of Default. 123 110- SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ..................-112- SECTION 7.03. Notification to Certificateholders............................................................128 ........................-113- SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ......................-114- ARTICLE VIII

Servicer Events of Default. 123 119- SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ...........................................-121- SECTION 7.03. Notification to Certificateholders............................................................128 .................................................-122- SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ...............................................-123- SECTION 7.05. Survivability of Servicer Liabilities..............................................-123- ARTICLE VIII

Servicer Events of Default. 123 98 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ..........................................100 SECTION 7.03. Notification to Certificateholders............................................................128 ................................................102 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII..............................................102

Servicer Events of Default. 123 93 SECTION 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 .................... 96 SECTION 7.03. Notification to Certificateholders............................................................128 .......................... 97 SECTION 7.04. Waiver of Servicer Events of Default..........................................................128 ARTICLE VIII........................ 98

Servicer Events of Default. 123 144 Section 7.02. Master Servicer, Trust Administrator or Trustee to Act; Appointment of Successor.....................................................................................126 ..................146 Section 7.03. Notification to Certificateholders............................................................128 ........................147 Section 7.04. Waiver of Servicer Events of Default..........................................................128 ......................148 ARTICLE VIII