Common use of Causes of Termination Defined; Remedies Clause in Contracts

Causes of Termination Defined; Remedies. Upon the happening of any one or more of the following events the Servicer shall, upon the direction of the Authority, terminate this Agreement with respect to the Mortgage Lender or take whatever action at law or in equity as may appear necessary or desirable to enforce performance or observance of any obligation, agreement, or covenant of the Mortgage Lender hereunder:

Causes of Termination Defined; Remedies. Upon the happening of any one The Servicer shall have authority to suspend or more of the following events the Servicer shall, upon the direction of the Authority, terminate this Agreement with respect to the Mortgage Lender a Participant or take whatever action at law or in equity as may appear necessary or desirable to enforce performance or and observance of any obligation, agreement, agreement or covenant of Participant hereunder upon the Mortgage Lender hereunderhappening of any one or more of the following events:

Causes of Termination Defined; Remedies. Upon the happening of any one or more of the following events the Servicer shall, upon the direction of the Authority, Commission terminate this Agreement with respect to the Mortgage Lender Lender, or take whatever action at law or in equity as may appear necessary or desirable to enforce performance or observance of any obligation, agreement, or covenant of the Mortgage Lender hereunder:.

Causes of Termination Defined; Remedies. Upon Pursuant to the happening Servicing Agreement, the Servicer will be granted the authority to suspend or terminate a Lender, if that Lender is found to be in breach of any one or more of the following events the Servicer shall, upon the direction terms or conditions of the Authority, terminate this Agreement with respect or fails to the Mortgage qualify as a Lender or take whatever action at law or in equity as may appear necessary or desirable to enforce performance or and observance of any obligation, agreement, agreement or covenant of Lender hereunder upon the Mortgage Lender hereunderhappening of any one or more of the following events: