Common use of Delegation of Servicing Clause in Contracts

Delegation of Servicing. At the option of Lender, the Loan may be serviced by a servicer/trustee selected by Lender and Lender may delegate all or any portion of its responsibilities under this Agreement and the other Loan Documents to such servicer/trustee pursuant to a servicing agreement between Lender and such servicer/trustee.

Appears in 42 contracts

Samples: Loan Agreement (Sun Communities Inc), Loan Agreement (Sun Communities Inc), Loan Agreement (Consolidated Tomoka Land Co)

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Delegation of Servicing. At the option of Lender, the Loan may be serviced by a servicer/trustee selected by Lender ("SERVICER") and Lender may delegate all or any portion of its responsibilities under this Agreement and the other Loan Documents to such servicer/trustee pursuant to a servicing agreement between Lender and such servicer/trustee.

Appears in 3 contracts

Samples: Mezzanine Loan Agreement (Maguire Properties Inc), Junior Mezzanine Loan Agreement (Maguire Properties Inc), Senior Mezzanine Loan Agreement (Maguire Properties Inc)

Delegation of Servicing. At the option of Lender, the Loan may be serviced by a servicer/trustee selected by Lender ("Servicer") and Lender may delegate all or any portion of its responsibilities under this Agreement and the other Loan Documents to such servicer/trustee pursuant to a servicing agreement between Lender and such servicer/trustee.

Appears in 1 contract

Samples: Mezzanine Loan Agreement (Maguire Properties Inc)

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Delegation of Servicing. At the option of Lender, the Loan may be serviced by a servicer/trustee selected by Lender LENDER and Lender may delegate all or any portion of its responsibilities under this Agreement and the other Loan Documents to such servicer/trustee pursuant to a servicing agreement between Lender and such servicer/trustee.

Appears in 1 contract

Samples: Loan Agreement (Ashworth Inc)

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