Common use of Subservicer Termination Event Clause in Contracts

Subservicer Termination Event. The occurrence of any events or conditions, and the passage of any cure periods and giving to and receipt by the Subservicer of any required notices, as a result of which the Servicer has the current right to terminate the Subservicer under the Subservicing Agreement.

Appears in 8 contracts

Samples: Subservicing Agreement (New Residential Investment Corp.), Indenture (Home Loan Servicing Solutions, Ltd.), Indenture (New Residential Investment Corp.)

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Subservicer Termination Event. The With respect to any Subservicing Agreement, the occurrence of any events or conditions, and the passage of any cure periods and giving to and receipt by the Subservicer of any required notices, as a result of which the Servicer has the current right to terminate the Subservicer under the such Subservicing Agreement.

Appears in 2 contracts

Samples: Indenture (Nationstar Mortgage Holdings Inc.), Indenture (New Residential Investment Corp.)

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