Common use of Interim Servicing Period; No Servicing Fee or Income Clause in Contracts

Interim Servicing Period; No Servicing Fee or Income. With respect to any Servicing Released Loan, Buyer shall have no right to terminate Guarantor or Servicer, as applicable, as the interim servicer other than upon the occurrence of an Event of Default or a Servicer Termination Event, subject to Seller’s appointment right set forth in the first sentence of Section 6.2(m).

Appears in 3 contracts

Samples: Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Radian Group Inc), Master Repurchase Agreement (Radian Group Inc)

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Interim Servicing Period; No Servicing Fee or Income. With respect to any Servicing Released Loan, Buyer shall have no right to terminate Guarantor or Servicer, as applicable, as the interim servicer other than upon during the occurrence existence and continuance of an Event of Default or a Servicer Termination EventDefault, subject to Seller’s appointment right set forth in the first sentence of Section 6.2(m).

Appears in 2 contracts

Samples: Master Repurchase Agreement (Home Point Capital Inc.), Master Repurchase Agreement (Home Point Capital Inc.)

Interim Servicing Period; No Servicing Fee or Income. With respect to any Servicing Released Loan, Buyer shall have no right to terminate Guarantor or Servicer, as applicable, as the interim servicer other than upon the occurrence and during the continuance of an Event of Default or a Servicer Termination EventDefault, subject to Seller’s appointment right set forth in the first sentence of Section 6.2(m).

Appears in 1 contract

Samples: Master Repurchase Agreement (Caliber Home Loans, Inc.)

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Interim Servicing Period; No Servicing Fee or Income. With respect to any Servicing Released Loan, Buyer shall have no right to terminate Guarantor or Servicer, as applicable, as the interim servicer other than upon during the occurrence existence of an Event of Default or a Servicer Termination EventDefault, subject to Seller’s appointment right set forth in the first sentence of Section 6.2(m).

Appears in 1 contract

Samples: Master Repurchase Agreement (UWM Holdings Corp)

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