Termination of Master Servicer; Trustee to Act. Each of the following shall constitute an event of default by the Master Servicer (a "Master Servicer Event of Default") of its obligations hereunder:
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-1), Pooling and Servicing Agreement (Saxon Asset Securities Trust 2002-2), Pooling and Servicing Agreement (Saxon Asset Securities Co)
Termination of Master Servicer; Trustee to Act. Each of the following shall constitute an event of default by the Master Servicer (a "βMaster Servicer Event of Default"β) of its obligations hereunder:
Appears in 10 contracts
Samples: Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-1), Sale and Servicing Agreement (Sast 2006-3), Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3)
Termination of Master Servicer; Trustee to Act. Each of the following shall constitute an event Event of default Default by the Master Servicer (a "Master Servicer Event of Default") of its obligations hereunderunder the Trust Agreement:
Appears in 8 contracts
Samples: Trust Agreement (Saxon Asset Securities Co), Trust Agreement (Saxon Asset Securities Co), Trust Agreement (Saxon Asset Securities Co)
Termination of Master Servicer; Trustee to Act. Each of the following shall constitute an event Event of default Default by the Master Servicer (a "Master Servicer Event of Default") of its obligations hereunder:
Appears in 2 contracts
Samples: Fremont Mortgage Securities Corp, Southpoint Residential Mortgage Securities Corp
