Common use of Power and Authority of the Servicer Clause in Contracts

Power and Authority of the Servicer. The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms, and the execution, delivery and performance of this Agreement have been duly authorized by the Servicer by all necessary corporate action.

Appears in 8 contracts

Samples: Servicing Agreement (Usa Group Secondary Market Services Inc), Servicing Agreement (Goldman Sachs Asset Backed Securities Corp), Servicing Agreement (Gs Mortgage Securities Corp)

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Power and Authority of the Servicer. The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms, and the execution, delivery and performance of this Agreement have has been duly authorized by the Servicer by all necessary corporate action.

Appears in 2 contracts

Samples: Servicing Agreement (Usa Group Secondary Market Services Inc), Servicing Agreement (Efg Funding Corp)

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Power and Authority of the Servicer. The Servicer has the corporate power and authority to execute and deliver this Agreement and to carry out its terms, and the execution, delivery and performance of this Agreement have has been duly authorized by the Servicer servicer by all necessary corporate action.

Appears in 1 contract

Samples: Private Loan Servicing Agreement (Efg Funding Corp)

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