Common use of Removal of the Electronic Agent Clause in Contracts

Removal of the Electronic Agent. (a) The Purchaser, with or without cause, may remove and discharge the Electronic Agent and MERS from the performance of its duties under this Agreement with respect to some or all of the MERS Designated Mortgage Loans by written notice from the Purchaser to the Electronic Agent and the Seller.

Appears in 4 contracts

Samples: Electronic Tracking Agreement, Electronic Tracking Agreement, Electronic Tracking Agreement

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Removal of the Electronic Agent. (a) The PurchaserBuyer, with or without cause, may remove and discharge the Electronic Agent and MERS from the performance of its duties under this Agreement with respect to some or all of the MERS Designated Mortgage Loans by written notice from the Purchaser Buyer to the Electronic Agent and the Seller.

Appears in 2 contracts

Samples: Electronic Tracking Agreement (Home Point Capital Inc.), Mortgage Loan Repurchase Agreement (Sirva Inc)

Removal of the Electronic Agent. (a) The PurchaserBank, with or without cause, may remove and discharge the Electronic Agent and MERS from the performance of its duties under this Agreement with respect to some or all of the MERS Designated Mortgage Loans by written notice from the Purchaser Bank to the Electronic Agent and the SellerCompany.

Appears in 2 contracts

Samples: Mortgage Loan Repurchase Agreement (Sirva Inc), Mortgage Loan Purchase and Sale Agreement (National Credit & Guaranty CORP)

Removal of the Electronic Agent. (a) The PurchaserLender, with or without cause, may remove and discharge the Electronic Agent and MERS from the performance of its duties under this Agreement with respect to some or all of the MERS Designated Mortgage Loans by written notice from the Purchaser Lender to the Electronic Agent and the SellerBorrower.

Appears in 1 contract

Samples: Electronic Tracking Agreement

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Removal of the Electronic Agent. (ae) The Purchaser, with or without cause, may remove and discharge the Electronic Agent and MERS from the performance of its duties under this Agreement with respect to some or all of the MERS Designated Mortgage Loans by written notice from the Purchaser to the Electronic Agent and the Seller.

Appears in 1 contract

Samples: Electronic Tracking Agreement (E Loan Inc)

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