Common use of Termination of Servicing Arrangements Clause in Contracts

Termination of Servicing Arrangements. Section 7.01 Termination and Substitution of Servicer 48 Section 7.02 Notification to Certificateholders 50 Section 8.01 Duties of the Master Servicer; Enforcement of Servicer’s and Master Servicer’s Obligations 50 Section 8.02 Maintenance of Fidelity Bond and Errors and Omissions Insurance 51 Section 8.03 Representations and Warranties of the Master Servicer 52 Section 8.04 Master Servicer Events of Default 54 Section 8.05 Waiver of Default 55 Section 8.06 Successor to the Master Servicer 56 Section 8.07 Fees and Other Amounts Payable to the Master Servicer 57 Section 8.08 Merger or Consolidation 57 Section 8.09 Resignation of Master Servicer 57 Section 8.10 Assignment or Delegation of Duties by the Master Servicer 57 Section 8.11 Limitation on Liability of the Master Servicer and Others 58 Section 8.12 Indemnification; Third-Party Claims 58

Appears in 1 contract

Sources: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar2)

Termination of Servicing Arrangements. Section 7.01 Termination and Substitution of Servicer 48 47 Section 7.02 Notification to Certificateholders 50 49 Section 8.01 Duties of the Master Servicer; Enforcement of Servicer’s and Master Servicer’s Obligations 50 Section 8.02 Maintenance of Fidelity Bond and Errors and Omissions Insurance 51 Section 8.03 Representations and Warranties of the Master Servicer 52 Section 8.04 Master Servicer Events of Default 54 53 Section 8.05 Waiver of Default 55 Section 8.06 Successor to the Master Servicer 56 Section 8.07 Fees and Other Amounts Payable to the Master Servicer 57 56 Section 8.08 Merger or Consolidation 57 56 Section 8.09 Resignation of Master Servicer 57 Section 8.10 Assignment or Delegation of Duties by the Master Servicer 57 Section 8.11 Limitation on Liability of the Master Servicer and Others 58 Section 8.12 Indemnification; Third-Party Claims 58Section 8.13 Duties of the Credit Risk Advisor

Appears in 1 contract

Sources: Master Servicing and Trust Agreement (GSR Mortgage Loan Trust 2005-Ar7)