Designated Servicing Agreements Sample Clauses
The Designated Servicing Agreements clause defines which specific agreements will govern the servicing of certain assets or obligations under a broader contract. In practice, this clause identifies and incorporates by reference the particular servicing agreements that will apply, ensuring that all parties are aware of the terms and standards for managing the relevant assets. By clearly specifying the applicable servicing agreements, this clause helps prevent confusion or disputes over which procedures and responsibilities are in effect, thereby ensuring consistency and clarity in the administration of the serviced assets.
Designated Servicing Agreements. Each Designated Servicing Agreement, as amended, is in full force and effect and no default (other than such an event resulting solely from the failure of a Collateral Performance Test under the related Servicing Agreement) exists thereunder and, each of the Designated Servicing Agreements is a Facility Eligible Servicing Agreement.
Designated Servicing Agreements. Each Designated Servicing Agreement, as amended, is in full force and effect and no default exists thereunder and, each of the Designated Servicing Agreements is a Facility Eligible Servicing Agreement.
Designated Servicing Agreements. The Countrywide Reconstituted Servicing Agreement.
Designated Servicing Agreements. Each of the ▇▇▇▇▇▇ Servicing Agreement, the Nexstar Servicing Agreement and the Washington Mutual Servicing Agreement, as applicable.