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Common use of Servicing Default Clause in Contracts

Servicing Default. Master Servicer to Act; Appointment of Successor.

Appears in 5 contracts

Sources: Servicing Agreement (American Home Mortgage Investment Trust 2005-3), Pooling and Servicing Agreement (American Home Mortgage Assets Trust 2007-4), Servicing Agreement (American Home Mortgage Investment Trust 2006-1)

Related Clauses

  • Servicer Default
  • Servicer Defaults
  • Notice of Servicer Default
  • Action Upon Certain Failures of the Master Servicer and Upon Event of Default
  • ERISA Default

Parent Clauses

  • Default
  • STATEMENTS TO SECURITYHOLDERS
  • REPRESENTATIONS AND WARRANTIES REGARDING THE MASTER SERVICER
  • LIABILITY OF THE SERVICER
  • Miscellaneous Provisions

Sub-Clauses

  • DEFINITIONS
  • OTHER DEFINITIONAL PROVISIONS
  • Representations and Warranties
  • INTEREST CALCULATIONS
  • ENFORCEMENT OF REPRESENTATIONS AND WARRANTIES
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