Published. In case at any time the Trustee shall cease to be eligible in accordance with this Section 8.06, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.07. The entity serving as Trustee may have normal banking and trust relationships with the Depositor and its affiliates or the Master Servicer and its affiliates; provided, however, that such entity cannot be an affiliate of the Seller, the Depositor or the Master Servicer other than the Trustee in its role as successor to the Master Servicer.
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Samples: Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitization Tr 2002-A7), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Sec Trust 2002 A2j), Pooling and Servicing Agreement (Indymac MBS Inc Residential Asset Securitizations Tr 2002-A1)
Published. In case at any time the Trustee shall cease to be eligible in accordance with this Section 8.068.07, the Trustee shall resign immediately in the manner and with the effect specified in Section 8.078.08. The entity serving as Trustee may have normal banking and trust relationships with the Depositor and its affiliates or with the Master Servicer and its affiliates; provided, however, that such entity cannot be an affiliate of the Seller, the Depositor or the Master of any Servicer other than the Trustee in its role as successor to the Master Servicer.
Appears in 1 contract
Samples: Servicing Agreement (GSAA Home Equity Trust 2006-19)