Common use of Covenant Against Solicitation Clause in Contracts

Covenant Against Solicitation. Servicer shall not solicit any prepayment or refinancing of all or any part of the Mortgage Loans, unless expressly authorized to do so by Purchaser. This covenant shall survive the termination of this Agreement. Solicitations undertaken by Servicer that are directed to the general public at large (as opposed to directed specifically at the Mortgagors), including without limitation mass mailings based on commercially acquired mailing lists and newspaper, radio and television advertisements, shall not constitute solicitation under this Section 4.

Appears in 3 contracts

Samples: Servicing Agreement (Steward Realty Trust, Inc.), Servicing Agreement (Steward Realty Trust, Inc.), Servicing Agreement (Steward Realty Trust, Inc.)

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Covenant Against Solicitation. Servicer shall not solicit any prepayment or refinancing of all or any part of the Mortgage Loans, unless expressly authorized to do so by Purchaser. This covenant shall survive the termination of this Agreement. Solicitations undertaken by Servicer that are directed to the general public at large (as opposed to directed specifically at the Mortgagors), including without limitation mass mailings based on commercially acquired mailing lists and newspaper, radio and television advertisements, shall not constitute solicitation under this Section 4.

Appears in 1 contract

Samples: Servicing Agreement

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