Common use of No Failure to Cure Default Clause in Contracts

No Failure to Cure Default. NC Capital has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 11 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He9), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He1), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2005-He6)

No Failure to Cure Default. With respect to each Second Lien Mortgage Loan, NC Capital has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He5), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He4), Pooling and Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust 2004-He4)

No Failure to Cure Default. With respect to each Second-Lien Mortgage Loan, NC Capital Corporation has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley Abs Cap I Inc Mort Pas THR Cert Ser 2004 Nc1), Pooling and Servicing Agreement (Morgan Stanley Abs Cap I Inc Mort Pas THR Cert Ser 2004 Nc1), Pooling and Servicing Agreement (Morgan Stanley Abs Mort Pass THR Certs Ser 2003-Nc10)

No Failure to Cure Default. NC Capital Corporation has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 3 contracts

Sources: Pooling and Servicing Agreement (Securitized Asset Backed Receivables LLC Trust 2004-Nc2), Pooling and Servicing Agreement (Securitized Asset Backed Receivalbes LLC Trust 2004-Nc3), Pooling and Servicing Agreement (Securitized Asset Backed Rec LLC Trust 2004 Nc1)

No Failure to Cure Default. With respect to each Second-Lien Mortgage Loan, NC Capital has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1), Pooling and Servicing Agreement (Morgan Stanley Abs Capital I Inc Series 2004-He1)

No Failure to Cure Default. With respect to each Second Lien Mortgage Loan, NC Capital Corporation has not received a written notice of default of any senior mortgage loan related to the Mortgaged Property which has not been cured;

Appears in 2 contracts

Sources: Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Cert Ser 2003-Nc4), Pooling and Servicing Agreement (Morgan Stanley Dean Witter Capital I Inc Series 2003 Nc2)