Common use of Restrictions and Requirements Applicable in Clause in Contracts

Restrictions and Requirements Applicable in. the Event that a Mortgage Loan is Acquired by a REMIC. In the event that any Mortgage Loan is held by a REMIC, notwithstanding any contrary provision of this Agreement, the following provisions shall be applicable to such Mortgage Loan:

Appears in 7 contracts

Sources: Flow Seller’s Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-7), Flow Mortgage Loan Purchase, Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Series 2007-5), Flow Seller’s Warranties and Servicing Agreement (Lehman XS Trust Series 2007-2n)

Restrictions and Requirements Applicable in. the Event that a Mortgage Loan is Acquired by a REMIC. ------------------------------------------------------------- In the event that any Mortgage Loan is held by a REMIC, notwithstanding any contrary provision of this Agreement, the following provisions shall be applicable to such Mortgage Loan:

Appears in 1 contract

Sources: Flow Seller's Warranties and Servicing Agreement (Structured Adjustable Rate Mortgage Loan Trust Mortgage Pass-Through Certificates, Series 2004-14)