Common use of Limitation on Assignment of Right Clause in Contracts

Limitation on Assignment of Right. Except pursuant to a resignation approved pursuant to Section 8.4 hereof, the Servicer shall not assign, sell or otherwise transfer its right to receive any payments (including the Servicing Fee) hereunder.

Appears in 2 contracts

Samples: Servicing Agreement (PHH Corp), Servicing Agreement (PHH Corp)

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Limitation on Assignment of Right. Except pursuant to a resignation approved pursuant to Section 8.4 9.4 hereof, the Servicer shall not assign, sell or otherwise transfer its right to receive any payments (including the Servicing Fee) hereunder.

Appears in 2 contracts

Samples: Repurchase and Servicing Agreement (PHH Corp), Mortgage Loan Purchase and Servicing Agreement (PHH Corp)

Limitation on Assignment of Right. Except pursuant to a resignation approved pursuant to Section 8.4 SECTION 9.4 hereof, the Servicer shall not assign, sell or otherwise transfer its right to receive any payments (including the Servicing Fee) hereunder.

Appears in 1 contract

Samples: Administration Agreement (PHH Corp)

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Limitation on Assignment of Right. Except pursuant to a resignation approved pursuant to Section 8.4 9.4 hereof, the Servicer shall not assign, sell or otherwise transfer its right to receive any payments (including the Servicing Fee) hereunder.. ARTICLE X DEFAULT

Appears in 1 contract

Samples: Repurchase and Servicing Agreement (PHH Corp)

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