Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the related Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the related Seller. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
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Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc9), Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Bc10), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2002-Bc8)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable any Servicing Agreement, the related Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee Trustee, the Certificate Insurer and any the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the related Seller. Any fees paid to any such Special Servicer shall not exceed the General Servicing Fee Rate.
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Samples: Trust Agreement (GreenPoint Mortgage Funding Trust 2006-Ar7)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the related Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, the Master Servicer, the Trustee and any the NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the related Seller. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.. 108
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Samples: Custodial Agreement (Structured Ass Sec Cor a R Col Tr MRT Ps THR CRT Ser 01-Bc6)
Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable Servicing Agreement, the related Seller may appoint, pursuant to the terms of the applicable Servicing Agreement and with the written consent of the Depositor, Depositor and the Master Servicer, the Trustee and any NIMS Insurer, a Special Servicer to special service any Distressed Mortgage Loans. Any applicable Termination Fee related to the termination of the related Servicer and the appointment of any Special Servicer shall be paid by the related SellerSeller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.
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Special Servicing of Delinquent Mortgage Loans. If permitted under the terms of the applicable a Servicing Agreement, the related Seller may appoint, pursuant to the terms of the applicable such Servicing Agreement and with the written consent of the Depositor, the Master Servicer, Servicer and the Trustee and any NIMS InsurerTrustee, a special Servicer (the “Special Servicer Servicer”) to special service any Distressed Mortgage Loans. Any applicable Termination Fee termination fee related to the termination of the related a Servicer and the appointment of any Special Servicer shall be paid by the related SellerMortgage Loan Seller from its own funds, without right of reimbursement from the Trust Fund. Any fees paid to any such Special Servicer shall not exceed the Servicing Fee Rate.. 159
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