Previous Agreements This Agreement constitutes the entire understanding of the parties and is intended as a final expression of their agreement and a complete statement of the terms thereof. There are no promises, terms, conditions, or obligations, other than contained herein. This Agreement shall supersede all previous communications, representations, or agreements, either oral or written, between the parties.
Prior Agreements Superseded This Contract restates, amends and supersedes any and all prior Seller Contracts or Servicer Contracts between the parties except that any subservicing agreement executed by the Seller/Servicer in connection with any loan-security exchange transaction shall not be affected.
T erm This Agreement and the Information Services Franchise granted hereunder will commence upon the Effective Date and will continue until and including the ten-year anniversary of the Effective Date (the “Initial Term”), unless earlier terminated as described herein. The Parties may, at DoITT’s sole discretion, extend the Agreement for up to a further five-year period (the “Extended Term”), upon written petition from the Company made within six (6) months prior to expiration of the Initial Term and with DoITT’s written permission. The Initial Term together with any Extended Term shall be known as the “Term”.