Common use of Entry into a Material Definitive Agreement Clause in Contracts

Entry into a Material Definitive Agreement. Disclosure is required regarding entry into or amendment of any definitive agreement that is material to the securitization, even if depositor is not a party. Examples: servicing agreement, custodial agreement. Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus X X X (if Master Servicer is not a party) X (if Master Servicer is not a party) X (if Master Servicer is not a party) X (if Master Servicer is not a party) 1.02 Termination of a Material Definitive Agreement X X X (if Master Servicer is not a party) X (if Master Servicer is not a party) X (if Master Servicer is not a party) X (if Master Servicer is not a party) Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance with its terms), even if depositor is not a party. Examples: servicing agreement, custodial agreement.

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (ACE Securities Corp. Home Equity Loan Trust, Series 2006-Fm1), Pooling and Servicing Agreement (Deutsche Alt-a Securities, Inc. Mortgage Loan Trust, Series 2006-Ar1)

Entry into a Material Definitive Agreement. Disclosure is required regarding entry into or amendment of any definitive agreement that is material to the securitization, even if depositor is not a party. Examples: servicing agreement, custodial agreement. Note: disclosure not required as to definitive agreements that are fully disclosed in the prospectus X X X (if Master Servicer is not a party) X (if Master Servicer is and Securities Administrator are not a partyparties) X (if Master Servicer, Securities Administrator and Trustee are not parties) 1.02 Termination of a Material Definitive Agreement X X X(if Master Servicer is not a party) X (if Master Servicer is and Securities Administrator are not a party) 1.02 Termination of a Material Definitive Agreement X X X (if Master Servicer is not a partyparties) X (if Master Servicer is Servicer, Securities Administrator and Trustee are not a party) X (if Master Servicer is not a party) X (if Master Servicer is not a partyparties) Disclosure is required regarding termination of any definitive agreement that is material to the securitization (other than expiration in accordance with its terms), even if depositor is not a party. Examples: servicing agreement, custodial agreement.

Appears in 1 contract

Sources: Pooling and Servicing Agreement (SunTrust Acquisition Closed-End Seconds Trust, Series 2007-1)