Covenant to Cooperate and Not to Interfere; Waiver of Standing to Xxx Sample Clauses

Covenant to Cooperate and Not to Interfere; Waiver of Standing to Xxx. The Servicer and the Secured Party (to the extent that the Secured Party may directly or indirectly be in possession or control of any of the Servicing Collateral or any documentation, agreements, data, information or proceeds related in any way to the Servicing Collateral or the Servicing Contract) each covenants that it will cooperate with Xxxxxxx Mac in all respects in connection with any termination of, or transfer or sale of, the Servicing Contract by Xxxxxxx Mac. The Secured Party hereby waives any and all right or standing which it may have, directly or indirectly, as a secured creditor of the Servicer, or in any other capacity, to protest a disqualification of the Servicer as an approved Xxxxxxx Mac seller/servicer or a termination by Xxxxxxx Mac of the Servicing Contract, and agrees not to interfere in any way, directly or indirectly, with any termination by Xxxxxxx Mac of the Servicing Contract or with Xxxxxxx Mac's exercise of any of its rights relating thereto, including Xxxxxxx Mac's right to effectuate an Interim Servicing Transfer or a Permanent Servicing Transfer, as defined below in Sections 8(a)(3) and 8(a)(4). The Secured Party also hereby waives any right or standing which it might otherwise have to bring suit, and hereby covenants that it All not bring suit to restrain or enjoin any termination of, or transfer or sale of, the Servicing Contract by Xxxxxxx Mac, or any exercise by Xxxxxxx Mac of any of its rights relating thereto, including Xxxxxxx Mac's right to effectuate an Interim Servicing Transfer or a Permanent Servicing Transfer; provided, however, that the Secured Party does not hereby waive its right to bring suit against Xxxxxxx Mac for damages arising out a breach of this Agreement by Xxxxxxx Mac.
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Related to Covenant to Cooperate and Not to Interfere; Waiver of Standing to Xxx

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