Agency Suspension. Should the Seller at any time during the term of this Agreement have its right to service temporarily or permanently suspended by Xxxxxx Mae or Xxxxxxx Mac or otherwise cease to be an approved seller/servicer of conventional residential mortgage loans for Xxxxxx Mae or Xxxxxxx Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.
Agency Suspension. 20 Section 6.02 Damages...................................................................................20 Section 6.03 Termination Upon Transfer of Servicing; Termination Procedures...........................21
Agency Suspension. Section 6.02 Damages....................................................... Section 6.03 Termination................................................... Section 6.04
Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by Fannie Mae and Freddie Mac or otherwise cease to be an approved xxxxxcxx of coxxxxxxxnal residential mortgage loans for Fannie Mae or Freddie Mac, then the Purchaser may immediately txxxxxxte this Xxxxxxxnt and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.
Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by FNMA or FHLMC or otherwise cease to be an approved seller/servicer of conventional residential mortgage loans for FNMA or FHLMC, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.
Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by CMHC or otherwise cease to be an approved servicer of conventional residential mortgage loans for CMHC, then the Company may immediately terminate this Agreement without assessment of any termination fee.
Agency Suspension. ERROR! BOOKMARK NOT DEFINED. Section 6.02 Damages......................................................................................25 Section 6.03 Termination Upon Transfer of Servicing.......................................................25 Section 6.04 Servicing Transfer Provisions................................................................26
Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by Xxxxxx Xxx and Xxxxxxx Mac or otherwise cease to be an approved servicer of conventional residential mortgage loans for Xxxxxx Mae or Xxxxxxx Mac, then the Purchaser may immediately terminate this Agreement and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.
Agency Suspension. Upon the receipt by any Guarantor of any notice received from any Xxxxxxx Mac, Xxxxxx Xxx, Xxxxxx Xxx, HUD, the FHA or the VA revoking or suspending, or indicating any intent to revoke or suspend, or indicating any adverse fact or circumstance which could reasonably be expected to entitle such agency to revoke or suspend any of the approvals granted to such Guarantor that are referenced in Section 6.01(n) hereof, it shall furnish or cause to be furnished to the Credit Agent notice thereof;
Agency Suspension. Should the Servicer at any time during the term of this Agreement have its right to service temporarily or permanently suspended by FNMA or otherwise cease to be an approved seller/servicer of conventional residential mortgage loans for FNMA, then the Purchaser may immediately terminate this Agreement without assessment of any termination fee and accelerate performance of the provisions of the Purchase Agreement to require immediate transfer of the Servicing Rights.
