Common use of Dominion and Control Over the Transition Property Clause in Contracts

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Note Issuer in the Transition Property, in each case unless such action is required by law or court or regulatory order.

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, Agreement or that shall impair the rights of the Note Issuer or the Note Trustee in the Transition Property, in each case unless such action is required by law or court or regulatory orderapplicable law.

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, Agreement or that shall impair the rights of the Note Issuer in the Transition Property, in each case unless such action is required by law or court or regulatory orderapplicable law.

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Note Issuer in the Transition Property, in each case unless such action is required by law or court or regulatory order.this

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, or that shall impair the rights of the Note Issuer in the Transition Property, in each case unless such action is required by applicable law or court or regulatory order.

Dominion and Control Over the Transition Property. Notwithstanding any other provision herein, the Servicer and the Note Issuer agree that the Note Issuer shall have dominion and control over the Transition Property, and the Servicer, in accordance with the terms hereof, is acting solely as the servicing agent and custodian for the Note Issuer with respect to the Transition Property and the Transition Property Records. The Servicer hereby agrees that it shall not take any action that is not authorized by this Agreement, that is not consistent with its customary procedures and practices, or that shall materially impair the rights of the Note Issuer in the Transition Property, in each case unless such action is required by law or court or regulatory orderapplicable law.