Substantial Compliance. Any servicing or administrative practice adopted, implemented, changed or discontinued by the Direct Servicer, Master Servicer, Trustee or Paying Agent in order to accommodate servicing or administrative practices or processes (including systems limitations) will be considered to be consistent with this Trust Agreement and expectations of a reasonable investor in mortgage-backed securities if such practice achieves substantial compliance in all material respects with this Trust Agreement.
Appears in 7 contracts
Samples: Federal National Mortgage Association, Master Trust Agreement, Federal National Mortgage Association
Substantial Compliance. Any servicing or administrative practice adopted, implemented, changed or discontinued by the Direct Primary Servicer, Master Servicer, Trustee or Paying Agent in order to accommodate servicing or administrative practices or processes (including systems limitations) will be considered to be consistent with this Trust Agreement and expectations of a reasonable investor in mortgage-backed securities if such practice achieves substantial compliance in all material respects with this Trust Agreement.Agreement.
Appears in 3 contracts
Samples: Multifamily Master Trust Agreement, Multifamily Master Trust Agreement, Trust Agreement
Substantial Compliance. Any servicing or administrative practice adopted, implemented, changed or discontinued by the Direct Primary Servicer, Master Servicer, Trustee or Paying Agent in order to accommodate servicing or administrative practices or processes (including systems limitations) will be considered to be consistent with this Trust Agreement Agreement and expectations of a reasonable investor in mortgage-backed securities if such practice achieves substantial compliance in all material respects with this Trust Agreement.
Appears in 1 contract
Samples: Multifamily Master Trust Agreement
Substantial Compliance. Any servicing or administrative practice adopted, implemented, changed or discontinued by the Direct Primary Servicer, Master Servicer, Trustee or Paying Agent in order to accommodate servicing or administrative practices or processes (including systems limitations) will be considered to be consistent with this Trust Agreement and expectations of a reasonable investor in mortgage-backed securities if such practice achieves substantial compliance in all material respects with this Trust Agreement.
Appears in 1 contract
