Common use of REMOVAL OF MORTGAGE LOANS FROM AGREEMENT Clause in Contracts

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 Removal of Mortgage Loans from Inclusion Under this Agreement The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers, Agency Sales or Securitization Transactions, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales or Securitization Transaction in accordance with this Section 9.01, provided that no such Whole Loan Transfer, Agency Sale or Securitization Transaction shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shall:

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 Removal of Mortgage Loans from Inclusion Under this Agreement The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers, Agency Sales or Securitization Transactions, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales Sale or Securitization Transaction in accordance with this Section 9.01, ; provided that no such Whole Loan Transfer, Agency Sale or Securitization Transaction shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shalltherewith:

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 9.01. Removal of Mortgage Loans from Inclusion Under this Agreement Agreement. The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers, Agency Sales Transfers or Securitization Transactions, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales Transfer or Securitization Transaction in accordance with this Section 9.01, ; provided that no such Whole Loan Transfer, Agency Sale Transfer or Securitization Transaction shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shalltherewith:

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 Removal of Mortgage Loans from Inclusion Under this Agreement The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers, Agency Sales or Securitization TransactionsPass-Through Transfers, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales Sale or Securitization Transaction Pass-Through Transfer in accordance with this Section 9.01, ; provided that no such Whole Loan Transfer, Agency Sale or Securitization Transaction Pass-Through Transfer shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shall:

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 9.01. Removal of Mortgage Loans from Inclusion Under this Agreement Agreement. The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers, Agency Sales Transfers or Securitization TransactionsPass-Through Transfers, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales Transfer or Securitization Transaction Pass-Through Transfer in accordance with this Section 9.01, ; provided that no such Whole Loan Transfer, Agency Sale Transfer or Securitization Transaction Pass-Through Transfer shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shall:

REMOVAL OF MORTGAGE LOANS FROM AGREEMENT. Section 9.01 Removal of Mortgage Loans from Inclusion Under this Agreement Agreement. The Purchaser and the Company agree that with respect to some or all of the Mortgage Loans, the Purchaser, at its sole option, may effect Whole Loan Transfers or Pass-Through Transfers, Agency Sales or Securitization Transactions, retaining the Company as the servicer thereof or as subservicer if a master servicer is employed, or as applicable the "seller/servicer." In On the Reconstitution Date, the Mortgage Loans transferred shall cease to be covered by this Agreement; provided, however, that, in the event that any Mortgage Loan transferred pursuant to this Section 9.01 is rejected by the transferee, the Company shall continue to service such rejected Mortgage Loan on behalf of the Purchaser in accordance with the terms and provisions of this Agreement. The Company shall cooperate with the Purchaser in connection with each Whole Loan Transfer, Agency Sales Transfer or Securitization Transaction Pass-Through Transfer in accordance with this Section 9.01, provided that no such Whole Loan Transfer, Agency Sale or Securitization Transaction shall create a greater obligation or cost on the part of the Company than otherwise set forth in this Agreement. In connection therewith the Company shall: