Common use of Foreclosure Sale Trigger Resets Clause in Contracts

Foreclosure Sale Trigger Resets. The Subservicer and Owner/Servicer shall mutually agree on a modification to the Foreclosure Sale Trigger in the event that one or more judicial rulings or state regulatory actions, decrees, interpretations or guidance occurs that impact more than [***] ([***]) of the total number of Subject Loans counted in the Subservicer’s active foreclosure inventory on the date of such occurrence.

Foreclosure Sale Trigger Resets. The Subservicer Seller and Owner/Servicer Holdings shall mutually agree on a modification to the Foreclosure Sale Trigger in the event that one or more judicial rulings or state regulatory actions, decrees, interpretations or guidance occurs that impact more than [***] percent ([***]%) of the total number of Subject Loans counted in the SubservicerSeller’s active foreclosure inventory on the date of such occurrence.

Foreclosure Sale Trigger Resets. The Subservicer and Owner/Servicer shall mutually agree on a modification to the Foreclosure Sale Trigger in the event that one or more judicial rulings or state regulatory actions, decrees, interpretations or guidance occurs that impact more than [*** percent (***] ([***]%) of the total number of Subject Loans counted in the Subservicer’s active foreclosure inventory on the date of such occurrence.

Foreclosure Sale Trigger Resets. The Subservicer and Owner/Servicer shall mutually agree on a modification to the Foreclosure Sale Trigger in the event that one or more judicial rulings or state regulatory actions, decrees, interpretations or guidance occurs that impact more than [***] percent ([***]%) of the total number of Subject Loans counted in the Subservicer’s active foreclosure inventory on the date of such occurrence.