Common use of Litigation Considerations Clause in Contracts

Litigation Considerations. Where, in the Servicer's judgment, the issue of enforceability is reasonably expected to be litigated, the Servicer shall obtain the written consent of the Master Servicer before enforcing any Due-on-Sale Clause.

Appears in 24 contracts

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar1 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-8 Trust)

AutoNDA by SimpleDocs

Litigation Considerations. Where, in the Servicer's ’s judgment, the issue of enforceability is reasonably expected to be litigated, the Servicer shall obtain the written consent of the Master Servicer before enforcing any Due-on-Sale Clause.

Appears in 1 contract

Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!