Master Servicer Approval. The Servicer must obtain the Master Servicer's prior written approval for rehabilitation work (which shall not include the cleaning of a recently acquired REO property) when the aggregate rehabilitation expenses with regard to a REO exceeds seven thousand five hundred dollars ($7,500.00).
Appears in 24 contracts
Samples: Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar11 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar3 Trust), Servicing Agreement (Wells Fargo Mortgage Backed Securities 2006-Ar8 Trust)
Master Servicer Approval. The Servicer must obtain the Master Servicer's ’s prior written approval for rehabilitation work (which shall not include the cleaning of a recently acquired REO property) when the aggregate rehabilitation expenses with regard to a REO exceeds seven thousand five hundred dollars ($7,500.00).
Appears in 1 contract
Samples: Servicing Agreement (Wells Fargo Asset Securities Corp)
