No Transfer of Servicing. With respect to the retention of the Company to service the Mortgage Loans during the Interim Servicing Period, the Company acknowledges that the Purchaser has acted in reliance upon the Company'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, during the Interim Servicing Period, the Company shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (Gsaa Home Equity Trust 2004-5), Servicing Agreement (GSAA Home Equity Trust 2006-19), Assumption and Recognition Agreement (GSAA Home Equity Trust 2006-3)
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing Period, the Company Seller acknowledges that the Purchaser has acted in reliance upon the Company's Seller’s independent status, the adequacy of its servicing facilities, plantplan, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 5 contracts
Samples: Master Mortgage Loan Purchase and Interim Servicing Agreement, Pooling and Servicing Agreement (Dsla 2006-Ar2), Master Mortgage Loan Purchase and Interim Servicing Agreement (Dsla Mortgage Loan Trust 2006-Ar1)
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing Period, the Company Seller acknowledges that the Purchaser has acted in reliance upon the CompanySeller's independent status, the adequacy of its servicing facilities, plantplan, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 4 contracts
Samples: Master Mortgage Loan Purchase and Interim Servicing Agreement (E Loan Inc), Master Mortgage Loan Purchase and Interim Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc2), Master Mortgage Loan Purchase and Interim Servicing Agreement (Citigroup Mortgage Loan Trust 2006-Nc1)
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing Periodhereunder, the Company Seller acknowledges that the Purchaser has acted in reliance upon the Company's Seller’s independent status, the adequacy of its servicing facilities, plantplan, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 3 contracts
Samples: Purchase and Servicing Agreement (MASTR Adjustable Rate Mortgages Trust 2006-Oa2), Letter Agreement (MASTR Adjustable Rate Mortgages Trust 2007-3), Purchase and Servicing Agreement (MASTR Alternative Loan Trust 2007-1)
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing PeriodLoans, the Company Seller acknowledges that the Purchaser has acted in reliance upon the CompanySeller's independent status, the adequacy of its servicing facilities, plantplan, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 3 contracts
Samples: Mortgage Loan Purchase and Servicing Agreement (CMALT (CitiMortgage Alternative Loan Trust), Series 2007-A7), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Inc), Mortgage Loan Purchase and Servicing Agreement (Citicorp Mortgage Securities Trust, Series 2007-6)
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing Period, the Company Seller acknowledges that the Purchaser has acted in reliance upon the Company's Seller’s independent status, the adequacy of its servicing facilities, plantplan, personnel, records and procedures, its integrity, reputation and financial standing and the continuance thereof. Without in any way limiting the generality of this Section, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 1 contract
Samples: Master Mortgage Loan Purchase and Interim Servicing Agreement
No Transfer of Servicing. With respect to the retention of the Company Seller to service the Mortgage Loans during the Interim Servicing Period, the Company Seller acknowledges that the Purchaser has acted in reliance upon the CompanySeller'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, during the Interim Servicing Period, the Company Seller shall not either assign this Agreement or the servicing hereunder or delegate its rights or duties hereunder or any portion thereof, or sell or otherwise dispose of all or substantially all of its property or assets, without the prior written approval of the Purchaser, which consent will not be unreasonably withheld.
Appears in 1 contract
Samples: Assignment, Assumption and Recognition Agreement (Wilshire Real Estate Investment Trust Inc)