Common use of No Transfer of Servicing Clause in Contracts

No Transfer of Servicing. Countrywide acknowledges that the Purchaser acts in reliance upon Countrywide’s independent status, the adequacy of its servicing facilities, plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, Countrywide shall not assign this Agreement or the servicing rights hereunder, without the prior written approval of the Purchaser, which consent may not be unreasonably withheld; provided, however, that nothing in this Agreement shall limit the right of Countrywide to assign the servicing rights hereunder to Servicing LP.

No Transfer of Servicing. Countrywide acknowledges that the Purchaser acts in reliance upon Countrywide’s 's independent status, the adequacy of its servicing facilities, plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, Countrywide shall not assign this Agreement or the servicing rights hereunder, without the prior written approval of the Purchaser, which consent may not be unreasonably withheld; provided, however, that nothing in this Agreement shall limit the right of Countrywide to assign the servicing rights hereunder to Servicing LP.

No Transfer of Servicing. Countrywide acknowledges that the Purchaser acts in reliance upon Countrywide’s independent status, the adequacy of its servicing facilities, plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, Countrywide shall not assign this Agreement or the servicing rights hereunder, without the prior written approval of the Purchaser, which consent may not be unreasonably withheld; provided, however, that nothing in this Agreement shall limit the right of Countrywide to assign the servicing rights hereunder to Servicing LP.

No Transfer of Servicing. Countrywide acknowledges that the Purchaser acts Purchasers act in reliance upon Countrywide’s 's independent status, the adequacy of its servicing facilities, plant, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, Countrywide shall not may, in its sole discretion, assign this Agreement or the servicing rights hereunder, without the prior written approval of the PurchaserPurchasers, which consent may not be unreasonably withheldto Countrywide Home Loans Servicing LP; provided, however, that nothing in Countrywide shall not assign this Agreement shall limit the right of Countrywide to assign or the servicing rights hereunder to Servicing LPany other entity without the prior written consent of the Purchasers.