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Common use of Duties of the Master Servicer Clause in Contracts

Duties of the Master Servicer. For and on behalf of the Depositor, the Issuer, the Indenture Trustee, the Insurer and the Securityholders, the Master Servicer shall master service the Mortgage Loans in accordance with the provisions of this Agreement and the provisions of each Servicing Agreement.

Appears in 6 contracts

Sources: Sale and Servicing Agreement (Thornburg Mortgage Securities Corp), Transfer and Servicing Agreement (Lehman ABS Corp. Home Equity Loan Trust 2005-1), Transfer and Servicing Agreement (Structured Asset Securities Corp)

Related Clauses

  • Duties of the Servicer
  • Duties of the Manager
  • Liabilities of the Master Servicer
  • Duties of the Trustee
  • Administrative Duties of the Servicer

Parent Clauses

  • Administration and Servicing of Mortgage Loans by the Master Servicer
  • ADMINISTRATION AND SERVICING OF MORTGAGE LOANS
  • Acts of Holders of Certificates
  • Preparation of Tax Returns and Other Reports
  • Optional Repurchase Right

Sub-Clauses

  • TAX MATTERS
  • NON-MINISTERIAL MATTERS
  • DUTIES WITH RESPECT TO THE INDENTURE
  • DUTIES WITH RESPECT TO THE ISSUER
  • RECORDS
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