Common use of Transfer of Servicing Clause in Contracts

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 7 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff15), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff14), Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff12)

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Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 6 contracts

Samples: Trust Agreement (Structured Asset Securities Corporation, 2005 OPT-1), Trust Agreement (First Franklin Mortgage Loan Trust 2005-Ff3), Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Securities Administrator, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 5 contracts

Samples: Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1), Trust Agreement (BNC Mortgage Loan Trust 2007-2), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2007-Wf1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Indenture Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the any Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the such Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the applicable Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 4 contracts

Samples: Sale and Servicing Agreement (Thornburg Mortgage Securities Corp), Transfer and Servicing Agreement (Structured Asset Securities Corp), Transfer and Servicing Agreement (Structured Asset Securities Corp)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 4 contracts

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2003-FFB), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-Ff3), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003-S2)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap CounterpartySecurities Administrator, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 4 contracts

Samples: Trust Agreement (Structured Asset Securities Corp 2005-Wf4), Trust Agreement (Structured Asset Securities Corp Mortgage Pass-Through Certificates, Series 2005-Wf2), Trust Agreement (SASCO Mortgage Loan Trust 2005-Wf3)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap CounterpartyTrust Administrator, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the such Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 3 contracts

Samples: Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (Fieldstone Mortgage Investment CORP), Trust Agreement (NYMT Securities CORP)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the such Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf1), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002 Hf2)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing AgreementServicer. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Certs Ser 2003 Ff3), Trust Agreement (Aames Mortgage Tr Mort Pas Thru Cert Sers 2003-1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any the NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the such Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the a Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:: 187

Appears in 1 contract

Samples: Trust Agreement (BNC CORP Mortgage Loan Trust 2007-Bnc4)

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Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Securities Administrator, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the any Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the such Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the any Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust Agreement (Sasco 2007-Eq1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, each Insurer (so long as the Swap Counterparty, Notes are Outstanding or any NIMS Insurer Reimbursement Amounts remain due and owing to an Insurer) and the Indenture Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the Servicing this Agreement or of the servicing thereunder or delegation of its rights or duties thereunder hereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing AgreementPerson. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing this Agreement or to transfer the servicing thereunder hereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Transfer and Servicing Agreement (Greenpoint Mortgage Funding Trust 2006-He1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed transfer or assignment by such the Seller of its rights under the any Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreementapplicable Servicer. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the a Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pas THR Certs Ser 2003 S1)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, any NIMS Insurer, the Swap Counterparty, any NIMS Insurer Counterparty and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust Agreement (First Franklin Mortgage Loan Trust 2006-Ff2)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer and the Trustee thirty days prior to any proposed 117 transfer or assignment by such the Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person including any other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2001-Bc5)

Transfer of Servicing. The Seller agrees that it shall provide written notice to the Master Servicer, the Swap Counterparty, any NIMS Insurer Insurer, the Rating Agencies and the Trustee thirty days prior to any proposed transfer or assignment by such Seller of its rights under the Servicing Agreement or of the servicing thereunder or delegation of its rights or duties thereunder or any portion thereof to any other Person other than the initial Servicer under the Servicing Agreement. In addition, the ability of the Seller to transfer or assign its rights and delegate its duties under the Servicing Agreement or to transfer the servicing thereunder to a successor servicer shall be subject to the following conditions:

Appears in 1 contract

Samples: Trust Agreement (SASCO Mortgage Pass Through Certificates, Series 2005-Nc2)

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