Common use of Continuing Liabilities Clause in Contracts

Continuing Liabilities. All of the Mortgage Loans, including those Mortgage Loans that are subject to a Pass-Through Transfer, an Agency Transfer or a Whole Loan Transfer, shall continue to be subject to this Agreement, unless otherwise specified in the Reconstitution Agreement. Further, all Mortgage Loans repurchased by the Purchaser pursuant with respect to an Agency Transfer, Pass-Through Transfer or Whole Loan Transfer or otherwise directly or indirectly reacquired by the Purchaser or its designee upon termination of an Agency Transfer or Pass-Through Transfer or otherwise, shall be subject to this Agreement and shall continue to be serviced in accordance with the terms of this Agreement and with respect thereto this Agreement shall remain in full force and effect.