Common use of Servicing Transfer Date Clause in Contracts

Servicing Transfer Date. The Servicer agrees, with respect to the Mortgage Loans, to perform and observe the duties, responsibilities and obligations that are to be performed and observed under the provisions of the Flow Agreement, except as otherwise provided herein and on Exhibit A hereto, and that the provisions of the Flow Agreement, as so modified, are and shall be a part of this Agreement to the same extent as if set forth herein in full. On the Transfer Date (i.e., the date selected by mutual agreement of the parties for the transfer of the servicing of the Mortgage Loans), the Servicer shall transfer all servicing of the Mortgage Loans in accordance with the Flow Agreement and the Purchase Agreements to the successor servicer designated by the Seller.

Appears in 12 contracts

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-Gp2), Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-Gp3), Reconstituted Servicing Agreement (GreenPoint Mortgage Funding Trust 2006-Ar5)

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Servicing Transfer Date. The Servicer agrees, with respect to the Mortgage Loans, to perform and observe the duties, responsibilities and obligations that are to be performed and observed under the provisions of the Flow Agreement, except as otherwise provided herein and on Exhibit A hereto, and that the provisions of the Flow Agreement, as so modified, are and shall be a part of this Agreement to the same extent as if set forth herein in full. On the Transfer Date (i.e., the date selected by mutual agreement of the parties for the transfer of the servicing of the Mortgage Loans), the Servicer shall transfer all servicing of the Mortgage Loans in accordance with the Flow Agreement and the Purchase Agreements Agreement to the successor servicer designated by the Seller.

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2007-12n), Reconstituted Servicing Agreement (GreenPoint Mortgage Funding Trust 2007-Ar3)

Servicing Transfer Date. The Servicer agrees, with respect to the Mortgage Loans, to perform and observe the duties, responsibilities and obligations that are to be performed and observed under the provisions of the applicable Flow Agreement, except as otherwise provided herein and on Exhibit A hereto, and that the provisions of the Flow AgreementAgreements, as so modified, are and shall be a part of this Agreement to the same extent as if set forth herein in full. On the Transfer Date (i.e., the date selected by mutual agreement of the parties for the transfer of the servicing of the Mortgage Loans), the Servicer shall transfer all servicing of the Mortgage Loans in accordance with the Flow Agreement Agreements and the Purchase Agreements to the successor servicer designated by the Seller.

Appears in 2 contracts

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2007-15n), Reconstituted Servicing Agreement (Greenpoint Mortgage Funding Trust 2007-Ar2)

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Servicing Transfer Date. The Servicer agrees, with respect to the Serviced Mortgage Loans, to perform and observe the duties, responsibilities and obligations that are to be performed and observed under the provisions of the Flow Agreement, except as otherwise provided herein and on Exhibit A hereto, and that the provisions of the Flow Agreement, as so modified, are and shall be a part of this Agreement to the same extent as if set forth herein in full. On the Transfer Date (i.e., the date selected by mutual agreement of the parties for the transfer of the servicing of the Serviced Mortgage Loans), the Servicer shall transfer all servicing of the Mortgage Loans in accordance with the Flow Agreement and the Purchase Agreements Agreement to the successor servicer designated by the Seller.

Appears in 1 contract

Samples: Reconstituted Servicing Agreement (Lehman XS Trust Series 2006-4n)

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