Trustee to Act as Servicer. If the Servicer for any reason is no longer the Servicer under this Agreement (including because of the occurrence or existence of an Event of Default or termination by the Depositor), the Trustee or its successor shall assume all of the rights and obligations of the Servicer under this Agreement arising thereafter (except that the Trustee shall not be
Appears in 63 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDA Mortgage Loan Trust 2007-Ar4), Pooling and Servicing Agreement (Residential Asset Securitization Trust 2007-A7), Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-Ar2)
Trustee to Act as Servicer. If the Servicer for any reason is no longer the Servicer under this Agreement (including because of the occurrence or existence of an Event of Default or termination by the DepositorDefault), the Trustee or its successor shall assume all of the rights and obligations of the Servicer under this Agreement arising thereafter (except that the Trustee shall not be
Appears in 27 contracts
Samples: Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx4), Pooling and Servicing Agreement (IndyMac INDX Mortgage Loan Trust 2007-Flx5), Pooling and Servicing Agreement (IndyMac IMSC Mortgage Loan Trust 2007-Hoa1)
Trustee to Act as Servicer. If the Servicer for any reason is no longer the Servicer under this Agreement hereunder (including because of the occurrence or existence of an Event of Default or termination by the DepositorDefault), the Trustee or its successor shall thereupon assume all of the rights and obligations of the Servicer under this Agreement hereunder arising thereafter (thereafter, except that the Trustee shall not be:
Appears in 14 contracts
Samples: Pooling and Servicing Agreement (Home Equity Mortgage Loan Asset-Backed Trust, Series Inabs 2007-B), Pooling and Servicing Agreement (IndyMac MBS Inc. Home Equity Mortgage Loan Asset-Backed Trust Series INDS 2006-1), Pooling and Servicing Agreement (IndyMac INDB Mortgage Loan Trust 2006-1)
Trustee to Act as Servicer. If In the event that a Servicer shall for any other reason is no longer be the Servicer under this Agreement (including because of the occurrence or existence of an Event of Default or termination by the Depositor)Servicer, the Trustee or its another successor Servicer, shall thereupon assume all of the rights and obligations of the predecessor Servicer under this Agreement hereunder arising thereafter (except that the Trustee shall not bebe (i) liable for investment losses of the predecessor Servicer pursuant to the applicable Servicing Agreement or any acts or omissions of the predecessor Servicer thereunder, or (ii) responsible for expenses of the predecessor Servicer pursuant to the applicable Servicing Agreement).
Appears in 1 contract
Samples: Servicing Agreement (GSAA Home Equity Trust 2005-4)
