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 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 3 contracts

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

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Limitation on Assignment of Right. Except pursuant to a resignation approved pursuant to Section 9.4 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 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: Mortgage Loan Purchase and Servicing Agreement (PHH Corp)

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