No Other Termination. Except as otherwise expressly provided herein, the Special Sub-servicer shall continue to sub-service each Specially Serviced Mortgage Loan, until the liquidation or other disposition of such Specially Serviced Mortgage Loan, including without limitation the payment in full of such Specially Serviced Mortgage Loan or the foreclosure sale of the underlying Mortgaged Property, regardless of whether the Specially Serviced Mortgage Loan remains delinquent or becomes current. The Class B Holder shall have no authority to terminate the Special Sub-Servicer's rights and obligations hereunder and shall take no action to cause such termination or otherwise impair or affect the ability of the Special Sub-Servicer to perform its obligations hereunder.
Appears in 6 contracts
Samples: Special Sub Servicing Agreement (Cwalt Inc), Special Sub Servicing Agreement (Alternative Loan Trust 2007-2cb), Special Sub Servicing Agreement (Alternative Loan Trust 2007-6)
No Other Termination. Except as otherwise expressly provided herein, the Special Sub-servicer shall continue to sub-service each Specially Serviced Mortgage Loan, until the liquidation or other disposition of such Specially Serviced Mortgage Loan, including without limitation the payment in full of such Specially Serviced Mortgage Loan or the foreclosure sale of the underlying Mortgaged Property, regardless of whether the Specially Serviced Mortgage Loan remains delinquent or becomes current. The Class B Residual Holder shall have no authority to terminate the Special Sub-Servicer's rights and obligations hereunder and shall take no action to cause such termination or otherwise impair or affect the ability of the Special Sub-Servicer to perform its obligations hereunder.
Appears in 1 contract
Samples: Special Sub Servicing Agreement (CWABS Asset-Backed Certificates Trust 2006-1)
No Other Termination. Except as otherwise expressly provided herein, the Special Sub-servicer shall continue to sub-service each Specially Serviced Mortgage Loan, until the liquidation or other disposition of such Specially Serviced Mortgage Loan, including without limitation the payment in full of such Specially Serviced Mortgage Loan or the foreclosure sale of the underlying Mortgaged Property, regardless of whether the Specially Serviced Mortgage Loan remains delinquent or becomes current. The Class B Residual Holder shall have no authority to terminate the Special Sub-Servicer's ’s rights and obligations hereunder and shall take no action to cause such termination or otherwise impair or affect the ability of the Special Sub-Servicer to perform its obligations hereunder.
Appears in 1 contract
Samples: Special Sub Servicing Agreement (CWABS Asset-Backed Certificates Trust 2007-Bc1)
