Common use of No Litigation Pending Clause in Contracts

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's knowledge, threatened, against the Servicer which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability of the Servicer to service the Mortgage Loans hereunder in accordance with the terms hereof or have a material adverse effect on the financial condition of the Servicer; and

Appears in 16 contracts

Samples: Servicing Agreement (Structured Asset Sec Mort Pass THR Cert Series 2001-21a), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Sunset Financial Resources Inc), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Merrill Lynch Mortgage Investors Inc)

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No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's knowledge, threatened, against the Servicer Servicer, which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability sale of the Servicer to service the Mortgage Loans hereunder to the Purchaser or the execution, delivery or enforceability of this Agreement or result in accordance with any material liability of the terms hereof Servicer, or draw into question the validity of this Agreement, or have a material adverse effect on the financial condition of the Servicer; and;

Appears in 13 contracts

Samples: Servicing Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Structured Asset Securities Corp Mor Pas THR Cer Ser 2002-8a), Servicing Agreement (Structured Asset Secs Corp Mort Pas Thru CRTS SRS 2001-17)

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's ’s knowledge, threatened, against the Servicer which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability of the Servicer to service the Mortgage Loans hereunder in accordance with the terms hereof or have a material adverse effect on the financial condition of the Servicer; and;

Appears in 12 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar2), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-3f), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (GSR Mortgage Loan Trust 2007-Ar1)

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's ’s knowledge, threatened, against the Servicer which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability of the Servicer to service the Mortgage Loans hereunder in accordance with the terms hereof or have a material adverse effect on the financial condition of the Servicer; and

Appears in 11 contracts

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Citigroup Mortgage Loan Trust 2006-4), Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Citigroup Mortgage Loan Trust 2007-Ar1), Servicing Agreement (Lehman Mortgage Trust 2007-5)

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's knowledge, threatened, against the Servicer which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability of the Servicer to service the Mortgage Loans hereunder in accordance with the terms hereof or have a material adverse effect on the financial condition of the Servicer; and;

Appears in 1 contract

Samples: Mortgage Loan Flow Purchase, Sale & Servicing Agreement (Banc of America Funding 2006-I Trust)

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No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's knowledge, threatened, threatened against the Servicer or any of its Affiliates which, either in any one instance or in the aggregate, if determined adversely to against the Servicer Servicer, would materially adversely affect the ability execution, delivery or enforceability of this Agreement, or draw into question the validity of this Agreement or any of the Servicer to service the Mortgage Loans hereunder in accordance with the terms hereof Receivables or have a material adverse effect on the financial condition of the Servicer or the Servicer; and's ability to perform its obligations under the terms of this Agreement.

Appears in 1 contract

Samples: Purchase and Servicing Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1)

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the ServicerServicer 's knowledge, threatened, against the Servicer Servicer, which, either in any one instance or in the aggregate, if determined adversely to the Servicer would adversely affect the ability execution, delivery or enforceability of this Agreement or result in any material liability of the Servicer to service Servicer, or draw into question the Mortgage Loans hereunder in accordance with the terms hereof validity of this Agreement, or have a material adverse effect on the financial condition of the Servicer; and;

Appears in 1 contract

Samples: Mortgage Loan Servicing Agreement (Merrill Lynch Mortgage Investors Trust Series 2005-A9)

No Litigation Pending. There is no action, suit, proceeding or investigation pending or, to the best of the Servicer's knowledge, threatened, threatened against the Servicer which, either in any one instance or in the aggregate, if determined adversely aggregate would be reasonably likely to the Servicer would adversely affect impair materially the ability of the Servicer to service the Mortgage Loans hereunder in accordance with carry on its business substantially as now conducted or to perform under the terms hereof or have a material adverse effect on the financial condition of the Servicer; andthis Agreement;

Appears in 1 contract

Samples: Servicing Agreement (Lehman Mortgage Trust 2006-8)

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