Common use of Compliance with Designated Servicing Agreements Clause in Contracts

Compliance with Designated Servicing Agreements. The Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this Indenture. The Servicer shall immediately notify the Indenture Trustee of any Event of Default or its receipt of a notice of termination under any Designated Servicing Agreement. The Indenture Trustee shall forward any such notification to each Noteholder.

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (DITECH HOLDING Corp), Indenture (DITECH HOLDING Corp), Sale Agreement (New Residential Investment Corp.)

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Compliance with Designated Servicing Agreements. The Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this the Indenture. The Servicer shall immediately notify the Indenture Trustee of any Event of Default or its receipt of a notice of termination under any Designated Servicing Agreement. The Indenture Trustee shall forward any such notification to each NoteholderHolder.

Appears in 8 contracts

Samples: Subservicing Agreement (New Residential Investment Corp.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (New Residential Investment Corp.)

Compliance with Designated Servicing Agreements. The Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this the Indenture. The Servicer shall immediately notify the Indenture Trustee of any Event of Default or its receipt of a notice of termination under any Designated Servicing Agreement. The Indenture Trustee shall forward any such notification to each Noteholder.

Appears in 4 contracts

Samples: Indenture (Home Loan Servicing Solutions, Ltd.), Registered Investment Companies (Nationstar Mortgage Holdings Inc.), Home Loan Servicing Solutions, Ltd.

Compliance with Designated Servicing Agreements. The Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this IndentureAdverse Effect. The Servicer shall immediately notify the Indenture Trustee of any Event of Default or its receipt of a notice of termination under any Designated Servicing Agreement. The Indenture Trustee shall forward any such notification to each Noteholder.

Appears in 3 contracts

Samples: Indenture (New Residential Investment Corp.), Indenture (New Residential Investment Corp.), Purchase Agreement (New Residential Investment Corp.)

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Compliance with Designated Servicing Agreements. The Each Servicer shall not fail to comply with its obligations as the servicer under each of the Designated Servicing Agreements, which failure would have a material adverse effect on the interests of the Noteholders under this IndentureAdverse Effect. The Each Servicer shall immediately notify the Indenture Trustee of any Event of Default or its receipt of a notice of termination under any Designated Servicing Agreement. The Indenture Trustee shall forward any such notification to each Noteholder.

Appears in 1 contract

Samples: Servicing Rights Purchase Agreement (New Residential Investment Corp.)

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