Common use of Notification to Securityholders Clause in Contracts

Notification to Securityholders. Upon any termination pursuant to Section 8.3, or any appointment of a successor to the Master Servicer, the Indenture Trustee shall give prompt written notice thereof to the Securityholders.

Appears in 7 contracts

Sources: Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-3), Sale and Servicing Agreement (Sast 2006-3), Sale and Servicing Agreement (Saxon Asset Securities Trust 2005-1)

Notification to Securityholders. Upon any termination pursuant to Section 8.38.3 hereof, or any appointment of a successor to the Master Servicer, the Indenture Trustee shall give prompt written notice thereof to the Securityholders.

Appears in 2 contracts

Sources: Sale and Servicing Agreement (Saxon Asset Securities Co), Sale and Servicing Agreement (Saxon Asset Securities Trust 2004-2)