Notification to Counsel Sample Clauses

Notification to Counsel. With respect to any Mortgage Loan which is, as of the Closing Date, the subject of litigation, bankruptcy or judicial foreclosure (a “Pending Proceeding”), the Purchaser shall, at its sole cost and expense, within one-hundred twenty (120) days after the Closing Date, file pleadings and all other necessary documents to remove the Seller as a party in such Pending Proceeding and substitute the Purchaser or its designee as the real party in interest (with the exception of any judicial foreclosure matter in which judgment has already been entered, any matter which is the subject of an automatic stay or any other matter in which the Purchaser is unable to make such substitution). Notwithstanding the preceding paragraph, Seller or its servicer shall cooperate with Purchaser and its designees (i) in a commercially reasonable manner in connection with the transition of any Pending Proceeding and (ii) by undertaking any or all of the following actions at Purchaser’s request (if requested within one hundred and twenty (120) days of the Closing Date) and Purchaser’s expense: (i) Deliver written notification to Purchaser of the Mortgage Loans subject to a Pending Proceeding, including the names, addresses, telephone numbers and e-mail addresses of all parties involved in such litigation, and all documents related to such litigation. (ii) If required by the applicable court, file appropriate pleadings with the court that will (i) substitute Purchaser’s attorney for Seller’s attorney, and (ii) remove Seller as a party to the litigation and substitute Purchaser as the real party in interest. If Seller fails to substitute Purchaser’s attorney for Seller’s attorney or to remove Seller as a party in interest, then Seller shall pay continued legal expenses in such litigation until such time as the substitution is effected (and in no event shall Purchaser be liable for any contingency arrangements of Seller with Seller’s attorneys). The Purchaser acknowledges and agrees that to the extent a substitution has not occurred in accordance with this subsection within one-hundred twenty (120) days following the Closing Date, the Purchaser shall send to the Seller a notice containing a list of such cases within one-hundred fifty (150) days following the Closing Date, and the Seller shall provide written notice to the Purchaser of its intention to discontinue or otherwise remove itself as a party in interest from any or all of such Pending Proceedings. If, within thirty (30) days of r...
Sample 1
AutoNDA by SimpleDocs
Notification to Counsel. No later than thirty (30) calendar days after all conditions of Final Approval have been met, the Settlement Administrator shall provide DWT and Class Counsel with (i) the names and addresses of Eligible Claimants whose claims have been approved, and the Claim Payment payable to each Eligible Claimant, and (ii) the names and addresses of claimants deemed not eligible and a brief statement of the reason(s) why the claim has been disallowed. The Settlement Administrator may provide this information in such form or media as Defendant and Class Counsel reasonably agree, subject to approval by the Settlement Administrator. Defendant shall have the right (but not the obligation) to verify the truthfulness of the representations on any Claim Form and the right (but not the obligation) to reject any Claim Form on which a material misrepresentation appears. This expressly includes the right for Defendant to review whether a Settlement Class Member satisfies the qualifications for the Settlement Class specified in Paragraph 2.14 above. Representative Plaintiffs shall have the right (but not the obligation) to challenge any rejection of a Settlement Class Member’s claim by Defendant. The Parties will meet and confer about any such objections and agree to submit any unresolved disputes to the Court for resolution.
Sample 1
Notification to Counsel. One hundred calendar days after the Distribution Date, the Settlement Administrator shall notify Class Counsel and BNY Mellon’s counsel in writing of the number of Settlement Class Members sent checks, the number who did not cash the checks, the total dollar amount of the checks distributed, and the total dollar amount of uncashed checks.
Sample 1
Notification to Counsel. No later than ten (10) days prior to the Final 19 Fairness and Approval Hearing, the Claims Administrator shall provide Defense Counsel and 20 Class Counsel with a declaration attesting to completion of the notice process, including any 21 attempts to obtain valid mailing addresses for and re-sending of any returned Class Notices, 22 as well as the number of valid opt-outs that the Claims Administrator received. Upon 23 approval by the court, compliance with the procedures described in this Section 5.03.b shall 24 constitute due and sufficient notice to Class Members of this proposed Settlement and the 25 Final Fairness and Approval Hearing and shall satisfy the requirement of due process.
Sample 1

Related to Notification to Counsel

  • Notification to Union The Hospital will provide the union with a list, monthly of all hirings, lay-offs, recalls and terminations within the bargaining unit where such information is available or becomes readily available through the Hospital's payroll system."

  • Right to Counsel The Indemnified Persons shall have the right to employ counsel in their, its, his or her sole discretion. Such Indemnified Persons shall be responsible for the expenses of such separate counsel except as provided in Subsection 6(c)(iii). The Advisor agrees to cooperate fully with the Indemnified Persons and their separate counsel in responding to such threatened or actual claims.

  • Notification to Holders Upon termination of the Master Servicer or appointment of a successor to the Master Servicer, in each case as provided herein, the Trustee shall promptly mail notice thereof by first class mail to the Securities Administrator and the Certificateholders at their respective addresses appearing on the Certificate Register. The Trustee shall also, within 45 days after the occurrence of any Event of Default known to the Trustee, give written notice thereof to the Securities Administrator and the Certificateholders, unless such Event of Default shall have been cured or waived prior to the issuance of such notice and within such 45-day period.

  • Notification to the Union The Employer will notify the JHSC and union in writing of all incidents related to violence within 4 days. For critical injuries the Employer will notify the JHSC and the union immediately and in writing within 48 hours. Such notices will contain all of the information as prescribed in section 5 of the health care regulation.

  • Review by Counsel The parties acknowledge that each party and its counsel have reviewed and approved this Agreement, and the parties hereby agree that the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed in the interpretation of this Agreement or any amendments or exhibits hereto.

  • Notification to Employer The Union shall notify the Employer of the names of the Employees, including the department wherein the Employee is employed, who are members of the Board of Directors, the Union Executive and Council Committees.

  • Notification to Employees ‌ The Employer will inform new, transferred, promoted, or demoted employees in writing prior to appointment into positions included in the bargaining unit(s) of the Union’s exclusive representation status. Upon appointment to a bargaining unit position, the Employer will furnish the employees with membership materials provided by the Union. The Employer will inform employees in writing if they are subsequently appointed to a position that is not in a bargaining unit.

  • Notification to Lenders Upon the issuance of any Letter of Credit the applicable Issuing Lender shall promptly notify Administrative Agent and each other Lender of such issuance, which notice shall be accompanied by a copy of such Letter of Credit. Promptly after receipt of such notice (or, if Administrative Agent is the Issuing Lender, together with such notice), Administrative Agent shall notify each Lender of the amount of such Lender's respective participation in such Letter of Credit, determined in accordance with subsection 3.1C.

  • Notification to Securityholders Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VIII, the Administrator shall give prompt written notice thereof to the Certificateholders and each Rating Agency, and the Indenture Trustee shall give prompt written notice thereof to the Noteholders.

  • Notification to Noteholders Upon any termination of, or appointment of a successor to, the Servicer pursuant to this Article VII, the Indenture Trustee (or the Relevant Trustee if no Notes are Outstanding) will give prompt written notice thereof to the Owner Trustee, the Issuer, the Administrator, the Asset Representations Reviewer and to the Noteholders and the Certificateholders at their respective addresses of record.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!