Common use of Agency Approvals Clause in Contracts

Agency Approvals. Should the Seller or the Servicer, for any reason, cease to possess all required and applicable Agency Approvals, or should material notification to the relevant Agency be required, the Seller shall so notify the Buyer immediately in writing. Notwithstanding the preceding sentence, the Seller shall take all necessary action to maintain all of its (and each Servicer’s) applicable Agency Approvals at all times during the term of this Repurchase Agreement and so long as any Transaction remains outstanding.

Agency Approvals. Should the Seller or the ServicerSeller, for any reason, cease to possess all required and such applicable Agency Approvals, or should material notification to the relevant Agency be required, the Seller shall so notify the Buyer immediately in writing. Notwithstanding the preceding sentence, the Seller shall take all necessary action to maintain all of its (and each Servicer’s) applicable Agency Approvals at all times during the term of this Repurchase Agreement and so long as any Transaction remains outstanding.

Agency Approvals. Should the Seller or the ServicerSellers, for any reason, cease to possess all required and such applicable Agency Approvals, or should material notification to the relevant Agency be required, the Seller Sellers shall so notify the Buyer Agent immediately in writing. Notwithstanding the preceding sentence, the each Seller shall take all necessary action to maintain all of its (and each Servicer’s's) applicable Agency Approvals at all times during the term of this Repurchase Agreement and so long as any Transaction remains outstanding.