Common use of Tax Service Contract; Flood Certification Contract Clause in Contracts

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 hereof;

Appears in 9 contracts

Samples: Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-2f), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-1f), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar1)

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Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Appears in 3 contracts

Samples: Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar1), Assumption and Recognition Agreement (GSR Mortgage Loan Trust 2007-Ar2), Trust Agreement (GS Mortgage GSAMP Trust 2004-Wf)

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the paid in full, life of the Mortgage Loanloan, flood certification contract. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost of these contracts is assignable to the Purchaser or and its designeeassigns, unless, with respect to tax service contractcontracts, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Appears in 2 contracts

Samples: Warranties and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2006-Wf1), Warranties and Servicing Agreement (J.P. Morgan Mortgage Trust 2006-A1)

Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, designee unless, with respect to tax service contractcontracts, the Company is terminated pursuant to Section 11.2 11.02 hereof;

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Nomura Home Equity Loan, Inc., Home Equity Loan Trust, Series 2006-Af1)

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Tax Service Contract; Flood Certification Contract. Each Mortgage Loan shall have a tax service contract and, if applicable, a flood insurance contract which shall have a term of the life of the Mortgage Loan. Each such tax service and flood insurance contract shall be fully transferable without penalty, premium or cost to the Purchaser or its designee, unless, with respect to tax service contract, the Company is terminated pursuant to Section 11.2 hereof;

Appears in 1 contract

Samples: Servicing Agreement (GS Mortgage GSAA Home Eq. Trust 2004-7)

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