Common use of Termination of Servicer Clause in Contracts

Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Insurer, and shall, upon the direction of the Note Insurer (or as otherwise provided in the Servicing Agreement), terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 7 contracts

Samples: Indenture (Wachovia Mortgage Loan Trust, LLC), Indenture (Residential Asset Funding Corp), Indenture (Prudential Securities Secured Financing Corp)

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Termination of Servicer. In accordance with the Servicing Agreement, in the event of an event of default specified in Section 6.01 5.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Insurer, and shall, upon the direction of the Note Insurer Insurer, (or as otherwise provided in the Servicing Agreement), ) terminate the Servicer as provided in Section 6.01 5.01 and Section 6.025.02

Appears in 3 contracts

Samples: Indenture (Residential Asset Funding Corp), Sub Servicing Agreement (Residential Asset Funding Corp), Residential Asset Funding Corp

Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Bond Insurer, and shall, upon the direction of the Note Insurer (or as otherwise provided in the Servicing Agreement)Bond Insurer, terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 2 contracts

Samples: Schedules And (Aames Capital Acceptance Corp), Fund America Investors Corp Ii

Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Insurer, and shall, upon the direction of the Note Insurer may (or as otherwise provided in the Servicing Agreement), ) terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 1 contract

Samples: Indenture (Fund America Investors Corp Ii)

Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Insurer, and shall, upon the direction of the Note Insurer (or as otherwise provided in the Servicing Agreement), may terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 1 contract

Samples: Wells Fargo Asset Securities Corp

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Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Bond Insurer, and shall, upon the direction of the Note Insurer Bond Insurer, (or as otherwise provided in the Servicing Agreement), ) terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 1 contract

Samples: Indenture (Fund America Investors Corp Ii)

Termination of Servicer. In the event of an event of default specified in Section 6.01 of the Servicing Agreement, the Indenture Trustee may, with the consent of the Note Insurer, and shall, upon the direction of the Note Insurer may (or as otherwise provided in the Servicing Agreement), Agreement shall) terminate the Servicer as provided in Section 6.01 and Section 6.02

Appears in 1 contract

Samples: Indenture (Fund America Investors Corp Ii)

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