LEGAL PROCEEDINGS INVOLVING THE COMPANY AND/OR THE MORTGAGE LOANS. (a) The Company shall not, without giving prior written notice to the Owner, commence, defend, appear, or otherwise participate in any foreclosure, condemnation, bankruptcy, or other legal proceedings in the name of the Owner. The Owner shall have the right to control any such matters undertaken by the Company at the Owner's request. The Company shall provide the Owner, on a monthly basis, with such written reports as the Owner shall reasonably request, regarding any legal proceedings.
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Samples: Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc), Portfolio Servicing Agreement (Merrill Lynch Mortgage Investors Inc)
LEGAL PROCEEDINGS INVOLVING THE COMPANY AND/OR THE MORTGAGE LOANS. (a) The Company shall not, without giving prior written notice to the Owner, commence, defend, appear, or otherwise participate in any foreclosure, condemnation, bankruptcy, or other legal proceedings in the name of the Owner. The Owner shall have the right to control any such matters undertaken by the Company at the Owner's ’s request. The Company shall provide the Owner, on a monthly basis, with such written reports as the Owner shall .shall reasonably request, regarding any legal proceedings.
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