Common use of Appointment of Master Servicer Clause in Contracts

Appointment of Master Servicer. The Purchaser shall have the right, at any time, to appoint a master servicer (the “Master Servicer”) in its sole discretion. Servicer hereby agrees to remit to, take direction from, and cooperate with, the Master Servicer, in accordance with the terms of this Agreement. Purchaser shall notify Servicer of any appointment of a Master Servicer.

Appears in 3 contracts

Samples: Mortgage Loan Sale and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-S1), Mortgage Loan Sale and Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-A2), Assignment and Assumption and Recognition Agreement (Jpmac 2006-Fre2)

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Appointment of Master Servicer. The Purchaser shall have the right, at any time, to appoint a master servicer (the “Master Servicer”) in its sole discretion. Servicer Servicing Administrator hereby agrees to remit to, take direction from, and cooperate with, the Master Servicer, in accordance with the terms of this Agreement. Purchaser shall notify Servicer Servicing Administrator of any appointment of a Master Servicer.

Appears in 2 contracts

Samples: Mortgage Loan Purchase and Servicing Agreement, Mortgage Loan Purchase and Servicing Agreement (Five Oaks Investment Corp.)

Appointment of Master Servicer. The Purchaser shall have the right, at any time, to appoint a master servicer (the “Master Servicer”) in its sole discretion. Servicer Seller hereby agrees to remit to, take direction from, and cooperate with, the Master Servicer, in accordance with the terms of this Agreement. Purchaser shall notify Servicer Seller of any appointment of a Master Servicer. The Master Servicer shall be an intended third party beneficiary of this Agreement.

Appears in 1 contract

Samples: Flow Mortgage Loan Interim Servicing Agreement (J.P. Morgan Alternative Loan Trust 2006-S1)

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Appointment of Master Servicer. The Purchaser shall have the right, at any time, to appoint a master servicer (the “Master Servicer”) Servicer in its sole discretion. Servicer The Company hereby agrees to remit to, take direction from, and cooperate with, the Master Servicer, in accordance with the terms of this Agreement. Purchaser shall notify Servicer the Company of any appointment of a Master Servicer.

Appears in 1 contract

Samples: Warranties and Servicing Agreement (J.P. Morgan Mortgage Acquisition Trust 2006-Wf1)

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