Common use of Prevailing Party Rights Clause in Contracts

Prevailing Party Rights. In any legal action or proceeding to defend or enforce an Agency’s rights with respect to the Servicing Rights or such Agency’s rights as a third party beneficiary to this Agreement, the prevailing party shall be entitled to recover attorneys’ fees and costs.

Appears in 6 contracts

Samples: Flow Servicing Agreement (PennyMac Financial Services, Inc.), Flow Servicing Agreement, Flow Servicing Agreement (PennyMac Mortgage Investment Trust)

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Prevailing Party Rights. In any legal action or proceeding to defend or enforce an Agency’s rights with respect to the Servicing Rights or such Agency’s rights as a third third-party beneficiary to this Agreement, the prevailing party shall be entitled to recover attorneys’ fees and costs.

Appears in 1 contract

Samples: Flow Servicing Agreement (PennyMac Mortgage Investment Trust)

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Prevailing Party Rights. In any legal action or proceeding to defend or enforce an Agency’s rights with respect to the Servicing Rights or such Agency’s rights as a third third-party beneficiary to this Agreement, the prevailing party shall be entitled to recover attorneys’ fees and costs.. ​

Appears in 1 contract

Samples: Flow Servicing Agreement (PennyMac Financial Services, Inc.)

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