Common use of Agency Termination Clause in Contracts

Agency Termination. Upon the receipt by any Guarantor of any notice received from Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx terminating, or indicating any intent to terminate, or indicating any adverse fact or circumstance which could reasonably be expected to entitle Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx to terminate, such Guarantor for cause from any servicing arrangement with such agency, it shall furnish or cause to be furnished to the Lender Agent notice thereof;

Appears in 1 contract

Samples: Loan Agreement (Residential Capital, LLC)

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Agency Termination. Upon the receipt by any Guarantor of any notice received from Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx terminating, or indicating any intent to terminate, or indicating any adverse fact or circumstance which could reasonably be expected to entitle Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx to terminate, such Guarantor for cause from any servicing arrangement with such agency, it shall furnish or cause to be furnished to the Lender Credit Agent notice thereof;

Appears in 1 contract

Samples: Credit Agreement (Residential Capital, LLC)

Agency Termination. Upon the receipt by any Guarantor of any notice received from Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx terminating, or indicating any intent to terminate, or indicating any adverse fact or circumstance which could reasonably be expected to entitle Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx to terminate, such Guarantor for cause from any servicing arrangement with such agency, it shall furnish or cause to be furnished to the Lender Agent notice thereofthereof unless it shall have provided GMAC notice thereof pursuant to a Related Document;

Appears in 1 contract

Samples: Loan Agreement

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Agency Termination. Upon the receipt by any Guarantor Obligor of any notice received from Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx terminating, or indicating any intent to terminate, or indicating any adverse fact or circumstance which could reasonably be expected to entitle Xxxxxxx Mac, Xxxxxx Xxx or Xxxxxx Xxx to terminate, such Guarantor Obligor for cause from any servicing arrangement with such agency, it shall furnish or cause to be furnished to the Lender Agent, the First Priority Collateral Agent and the Collateral Control Agent notice thereof;

Appears in 1 contract

Samples: Loan Agreement (Residential Capital, LLC)

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